10:04, May 10 326 0

2017-05-10 10:04:09
Clydes to launch in Mexico through local firm tie-up

Clyde & Co has extended its presence in Latin America with the opening of its first office in Mexico through a local merger with Mexican law firm Garza Tello & Asociados.  

The firm, which had a 10-year referral relationship with Clydes, will be fully integrated into Clyde & Co’s single partnership structure. The deal is subject to approval from the Foreign National Investment Commission.

Garza Tello is based in Mexico City and has four partners and 23 lawyers. It specialises in pre-eminent insurance, marine and energy law. The Mexico office will work closely with Clyde & Co’s disputes team in Miami, London, Madrid and New York.

The four partners joining from Garza Tello are its founder and senior partner Enrique Garza, who specialises in Mexico’s offshore oil and gas market; Arturo Arista, who leads Garza Tello’s insurance and reinsurance practice; partner Arturo Bello, who leads the litigation department; and Fernando Escamilla, who leads Garza’s shipping team.

Clyde & Co Latin America strategy group co-chair and London-based international arbitration partner Lee Bacon said:  “Latin America is an important region for us and opening in Mexico is another key milestone in achieving our ambition to serve our clients wherever they need us in the region. Mexico is an important country and economy in its own right and serves as a gateway to the wider Spanish speaking region.

“It has long been an aspiration to have an on the ground presence there and in combining with Garza Tello we have the pre-eminent firm in our core sectors of insurance and energy. As well as welcoming Garza Tello into Clyde & Co, we also look forward to continuing our long standing relationships with other leading law firms across the region.”

With this new addition, Clyde & Co now has 13 offices including in Brazil, Venezuela, Canada and the US. Including associated offices, Clyde & Co now has 48 offices worldwide.

According to data from The Lawyer‘s upcoming Global 200 2017 report, Clyde & Co has a total of two partners in Central and Latin America.

Last year, The Lawyer reported that it had opened an office in Miami by acquiring local litigation boutique Thornton Davis Fein.