U.S. law firm Paul, Weiss, Rifkind, Wharton & Garrison has announced the establishment of a dedicated Latin America practice, with Maria-Leticia Ossa Daza joining as the lead partner based in New York. Ossa Daza, known for her expertise in mergers and acquisitions, previously spearheaded the Latin America practice at Willkie Farr & Gallagher.
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Strengthening Cross-Border Capabilities
Bringing extensive experience in advising both Latin America-based companies and international firms investing in the region, Ossa Daza’s appointment underscores Paul Weiss’s commitment to serving clients in this dynamic market. A spokesperson for the firm highlighted the growing interest among their clients in Latin America and expressed confidence that the new practice group would enhance their capabilities in meeting client needs.
Latin America: A Lucrative M&A Market
Latin America is increasingly attracting attention as a promising M&A destination, with geopolitical factors such as U.S.-China trade tensions fueling investor interest. According to a KPMG survey, executives view Latin America as an appealing investment landscape. Ossa Daza’s track record includes advising on notable transactions, such as Ferrara Candy Company’s acquisition of Brazilian firm Dori Alimentos and América Móvil’s sale of TracFone Wireless to Verizon.
Notable Clientele and Past Engagements
In addition to her work with Ferrara Candy Company and América Móvil, Ossa Daza has represented prominent clients like Zurich Insurance, venture capital firm Greycroft, and Brazilian software provider Folhamatic. Her expertise spans various industries, reflecting the diverse range of clients navigating the Latin American market.
Farewell from Willkie Farr & Gallagher
Having spent over two decades at Willkie Farr & Gallagher, Ossa Daza’s departure was acknowledged by the firm, with a spokesperson expressing best wishes for her future endeavors.
Conclusion
With the launch of its Latin America practice and the addition of Maria-Leticia Ossa Daza, Paul Weiss reinforces its commitment to providing comprehensive legal services to clients operating in Latin America and underscores its strategic focus on cross-border transactions in the region.