In 1993, Peru started an important privatization process based on the promotion of private investment through the sale of shares and assets owned by the state, as well as the granting of concessions for the development of activities and services.
Estudio Echecopar has actively participated in this process since its inception. Our lawyers initially collaborated directly with the Peruvian state in the design of the regulatory framework of the private investment promotion process, advising in the elaboration of legal standards governing the process and applying comparative experiences and the knowledge of Peru´s reality.
We have also advised the committees in charge of the promotion processes of various projects, as well as the bidders participating in the different calls made by PROINVERSION (formerly COPRI) and by the sub national governments as promoters of the referred promotion processes.
Within the framework of the private investment promotion process, the Firm has provided and offers its services covering all stages of the promotion processes, that is, from the structuring (by state or private initiative) through to the application phase in the respective selection process, the signing of contracts, and their execution.
Also, regarding the new regulations applicable to public-private partnerships, Estudio Echecopar has been providing advice to prominent national and foreign investors interested in participating in new projects in Peru, as well as those that to date have already signed contracts with the state, in their execution stage, including the formulation and negotiation of Addendas as well as the application of dispute resolution mechanisms.
We have a specialized and highly trained team to meet the needs of customers in the various stages of the promotion processes of projects, including during dispute resolution.
The services we provide include:
|Domestic and International Arbitrations||Band 1||NR||Band 1|
Band 1: Chambers and Partners — 2020
"The service is excellent in terms of the lawyers' knowledge and the way they develop the matters they work on," a client states, adding that "the solutions they provide are practical and their responses are timely."
Another source praises the team's "excellent" offering, particularly its capacity to meet deadlines "without sacrificing the quality, innovation and strength of its recommendations," and its "commitment to looking for alternative arguments" in arbitration proceedings.
|Domestic and International Arbitrations||Band 2||Band 1||Band 1|
Band 1: The Legal 500 — 2019
"One of the best in the Peruvian market", Estudio Echecopar member firm of Baker McKenzie International houses "excellent lawyers" who ensure a 'high quality representation of clients' interests."