Firm / Organisation

DLA Piper Martinez Beltrán

Current View:
Also ranked in:

This content is provided by DLA Piper Martinez Beltrán.

Managing Partner: Camilo Martinez Beltrán
Number of partners: 5
Number of lawyers: 22
Languages: English, French, German, Spanish

Firm Overview: In 2015 Martínez Beltrán signed a cooperation agreement with DLA Piper LLC (US) and became DLA Piper MARTÍNEZ BELTRÁN. This association benefits the firm’s capacity to assist national clients in a full range of legal services worldwide, and has given them the opportunity to provide national services to international clients, interested in doing businesses in Colombia. DLA Piper MARTÍNEZ BELTRÁN was founded in 1996 and since then is a prominent and leading lae firm in Colombia The firm specialises in banking, corporate M&A, capital markets, administrative/regulatory law, dispute resolution, tax insurance, project finance, damages and competition law. The professional careers and extensive experience of the firm’s lawyers allow the firm to have a very well qualified team of renowned individuals capable of providing a unique representation to their clients.

Main Areas Of Practice:

Banking & Finance:
The firm advises over 30% of the banking institution that have presence in Colombia, on an ongoing basis in regulatory matters and in particular transactions. The firm is proud to be the consulting firm for Colombia’s Central Bank. The firm is also permanently involved in advising foreign financial institutions on how to do business in Colombia, as well as representing international clients before governmental authorities including the Colombian Financial Superintendence.

Capital Markets:
DLA Piper MARTÍNEZ BELTRÁN provides comprehensive advice in securities and is a recognised leader in the area. The firm has extensive experience representing issuers of securities. From the first democratisation in Colombia back in 1999, to legal advice to Banco de Bogota in its issuance of convertible bonds USD $1billion, the largest issuance of convertible bonds in Colombia; Grupo Aval’s issuance of preferred shares for a total value of USD 1.1 billion, at that time the largest issuance of stock by a private issuer in Colombia, the issuance of Empresa de Energia de Bogotá common stock for USD $500 million. The firms recently acted as local advisor to Grupo Aval registration before the US Securities and Exchange Commission, advised Corficolombiana S.A. launch a Public Tender Offer in the Colombian Stock Exchange for a total value of USD $1.4 billion to acquire Promigas S.A. E.S.P, and advised Banco Pichincha in its recent public issuance of debt.
Additionally, the firm provides ongoing advice to local and international issuers regarding the applicable securities regulation in Colombia.

The firm has one of the strongest insurance law practice in Colombia. Some of its clients are AON, CARDIF, AIG, Seguros del Estado. The firm has served as legal advisor for FASECOLDA, an insurance association, in different legal matters.

Dispute Resolution:
From the establishment of the first arbitration centre in Colombia, the firm’s litigation and arbitration team has been recognised as one of the strongest in Colombia. The firm consistently represents local and international clients in complex conflicts in all areas of business law, including commercial, tax, civil, administrative and antitrust matters, both in arbitration tribunals and Colombian courts. Members of the firm have also participated in international arbitration proceedings resolved under the International Chamber of Commerce rules.

Corporate M&A:
The firm has vast experience in leading and structuring mergers, spinoffs and acquisitions of all sizes, which has earned it a local and region wide reputation. Recently the firm led the acquisition by a Colombian company of an international company with presence in more than nine jurisdictions for a total value of US $1.9 billion. The firm also represented Corficolombiana, Empresa de Energia de Bogotá and Corredores Asociados in the acquisition of Promigas for a total value of more than US $800 millon. DLA Piper MARTÍNEZ BELTRÁN advised Organización Luis Carlos Sarmiento Angulo (OLCSA) in the purchase Colombian leading media group, EL TIEMPO, and advised Organización Ardila Lülle (OAL) in the purchase of Sucromiles. Recently, the firm acted as counsel for Porvenir in the acquisition of BBVA Horizonte, the third largest pension fund of Colombia; and for BAC Credomatic in the acquisitions of BBVA Panama Banco Reformador Guatemala.


The firm provides advice to Colombian and foreign parties on both domestic and international tax issues, for purposes such as transaction structuring, foreign investment (both inbound and outbound), corporate taxation and estate planning for high net worth individuals. Further, the firm has considerable experience regarding tax litigation, both at administrative and judicial stages. The taxation team is closely integrated with the remaining practice areas of the firm, with a view to provide sensible, innovative and business-oriented solutions, tailored to the specific needs of the concerned parties.

The firm provides legal advice on competition law, including merger and acquisition clearance, restrictive business practices, unfair competition and consumer protection.

Torts & Damages:
DLA Piper MARTÍNEZ BELTRÁN offers a unique representation to their clients in matters related to torts and damages. This is a multidisciplinary expertise that covers different economic sectors and strengthens the practice in general. The firm focuses on preventive actions but also gives advice on issues that have arisen over bad practices of big corporations.

The labour team focuses on individual and collective labour law, labour law litigation, social security law, labour administrative proceedings before labour authorities and immigration law. The firm’s clients range from startups to emerging multinationals and some of the biggest and best-known brands in the world. The firm works with them locally, internationally and across borders to help them drive consistency, deliver cost savings and identify and manage their priorities and risk across multiple locations. 

The firm’s clients are the largest companies in Colombia as well as international enterprises doing business in Colombia. A list of representative local and international clients is provided upon request.


Total 2 contributions

Corporate M&A 2020 Law and Practice in Colombia

Felipe Quintero, Juan Manuel de la Rosa

Read now
Insolvency 2019 Second Edition Law and Practice in Colombia

Nicolás Polanía Tello, Ana Sofía Payán

Read now