As part of its expansion plan, Mexico’s law firm Solcargo has announced the appointment of Jorge Labastida Martínez as partner heading up the banking finance practice group. This move takes the partner count at Solcargo to ten.
Labastida’s practice is focused on asset-backed and structured finance, including project finance, real estate finance, securitizations, multi-jurisdictional tax-advantaged finance transactions and structured leasing, as well as factoring, supply chain finance and standby LCs. He also has extensive experience in trustee and bondholder agent representation and handles work related to derivatives, treasury products, restructurings and workouts. Furthermore, he is widely experienced in MA and private equity transactions.
Luis Gonzalez and Fernando Pérez-Correa, founding partners at Solcargo, commented: “Jorge’s arrival is a big step forward and means a lot to Solcargo. His practice perfectly complements our current offering; bolstering our banking and finance practice makes perfect sense and will provide new growth opportunities for the entire firm. His well-rounded international profile and experience will be a fantastic asset to the firm and our clients”.