Peru IFC financing lawyer
Law Offices of SRIS, P.C. is a US law firm founded in 1997 that serves international clients with US legal needs. For sponsors, developers, and lenders involved in International Finance Corporation (IFC)-financed infrastructure and project finance transactions in Peru, the firm provides US-side legal counsel. The IFC, a member of the World Bank Group, often requires that project documentation comply with US securities laws, US-style due-diligence standards, and US-governed contractual frameworks. Mr. Sris and the firm’s Of Counsel network assist clients in structuring those US-law components while coordinating with Peru-admitted counsel on matters of Peruvian law. To discuss a Peru-related IFC financing matter, reach Law Offices of SRIS, P.C. at (888) 437-7747.
What This Cross-Border Practice Area Covers
IFC financing typically involves a blend of multilateral-agency requirements and private-sector project-finance techniques. On the US-law side, the work often includes preparing offering memoranda that comply with Rule 144A and Regulation S under the Securities Act of 1933, negotiating intercreditor and common-terms agreements governed by New York law, and conducting due diligence that meets US market practice. The firm also advises on US anti-corruption compliance under the Foreign Corrupt Practices Act (FCPA), which applies to US issuers, domestic concerns, and certain foreign persons acting in US territory. Because IFC projects frequently involve US-dollar-denominated debt and US institutional investors, the US legal framework is a central part of the transaction structure.
Project finance in Peru spans energy, transportation, water, and social infrastructure. While the Peruvian legal framework—including the Peruvian Civil Code of 1984 and sector-specific concession laws—governs the local concession, permitting, and regulatory aspects, the financing documents are often drafted under New York law. The firm’s role is to ensure that the US-law documentation is enforceable, that the securities offering complies with applicable exemptions, and that the transaction structure does not inadvertently create US regulatory exposure for the sponsor or the Peruvian project entity. The firm does not practice Peruvian law; for Peruvian-law matters, it collaborates with its Peru-admitted Of Counsel.
How Mr. Sris and His Of Counsel Network Handle These Matters
Mr. Sris, the firm’s founder and managing attorney, leads the US-law side of each engagement. He is admitted to practice in Virginia, Maryland, the District of Columbia, New Jersey, and New York. For a Peru IFC financing, Mr. Sris and the firm’s US-admitted attorneys draft and negotiate the US-governed documents, coordinate US securities filings, and advise on FCPA and other US regulatory requirements. The firm’s approach is to integrate the US-law workstream with the overall transaction timeline, working closely with the client’s financial advisor, the IFC, and local counsel.
For the Peruvian-law dimension, the firm works with Martín Mayandía, Of Counsel, who is admitted to practice law in Peru (2009) and is not admitted in any US state bar. Mr. Mayandía’s role is limited to Peru-law matters—such as concession agreements, local permitting, and Peruvian corporate governance—and he serves as a liaison between the client and the US-admitted attorneys. This division ensures that each jurisdiction’s legal work is handled by an attorney licensed in that jurisdiction, consistent with US unauthorized-practice-of-law rules and Peruvian bar requirements. The two sides collaborate as needed, but the US-law and Peru-law workstreams remain distinct.
About Mr. Sris and the firm’s Of Counsel Network
Mr. Sris, Owner and Founder of Law Offices of SRIS, P.C., is a former prosecutor admitted in Virginia, Maryland, the District of Columbia, New Jersey, and New York. He testified before the Virginia House Courts of Justice Committee in support of 2019 HB 635 (chief patron Del. David Bulova), the bill that became the 2019 revision to Va. Code § 20-107.3(g). Mr. Sris and his Of Counsel bring over 120 years of combined legal experience across US and foreign jurisdictions. The firm’s principal location is in Virginia, and all consultations are by appointment only.
Martín Mayandía serves as the firm’s Of Counsel for Peru matters. Mr. Mayandía is admitted to practice law in Peru (2009) and is not admitted in any US state bar. His practice with Law Offices of SRIS, P.C. is limited to matters of Peruvian law and to serving as a liaison for international clients with the firm’s US-admitted attorneys. For a Peru IFC financing, Mr. Mayandía provides the local-law analysis that Mr. Sris works closely with the client’s financial advisor and the IFC, while the Peru-law side is handled by Martín Mayandía, Of Counsel, who is admitted to practice law in Peru (2009) and is not admitted in any US state bar. Mr. Mayandía’s role is limited to Peru-law matters—such as concession agreements, local permitting, and Peruvian corporate governance—and he serves as a liaison between the client and the US-admitted attorneys. This division ensures that each jurisdiction’s legal work is handled by an attorney licensed in that jurisdiction, consistent with US unauthorized-practice-of-law rules and Peruvian bar requirements.
Frequently Asked Questions
What is IFC financing and how does it work for projects in Peru?
IFC financing is a form of multilateral development lending provided by the International Finance Corporation, a member of the World Bank Group, to private-sector projects in emerging markets. For a project in Peru, the IFC may provide a loan, a guarantee, or an equity investment, often alongside commercial lenders. The financing documents are frequently governed by New York law and must comply with IFC’s environmental and social performance standards. The US-law component includes securities exemptions, intercreditor arrangements, and anti-corruption compliance under the FCPA. The Peruvian-law side—concessions, permits, and local corporate matters—is handled by Peru-admitted counsel.
Do I need a US lawyer for an IFC-financed infrastructure project in Peru?
Yes, if the financing documents are governed by US law or if US securities exemptions are being used, a US-admitted attorney is essential. IFC transactions routinely use New York law as the governing law for loan and bond documentation. US securities laws, including Rule 144A and Regulation S, may apply to the offering of project debt to US institutional investors. A US lawyer ensures that the documentation is enforceable, that the securities offering is properly structured, and that the sponsor does not inadvertently trigger US regulatory obligations. The firm’s US-admitted attorneys handle these aspects while coordinating with Peru-admitted counsel for local-law matters.
How does Law Offices of SRIS, P.C. assist with the US legal aspects of a Peru project?
The firm drafts and negotiates the US-governed financing documents, advises on US securities law compliance, and conducts US-style due diligence. This includes preparing offering memoranda, negotiating intercreditor and security agreements, and reviewing the project’s structure for FCPA and other US regulatory risks. The firm also coordinates with the IFC’s legal team and with local counsel in Peru to ensure that the US-law and Peru-law workstreams are aligned. All US-law work is performed by Mr. Sris and the firm’s US-admitted attorneys.
What role does the Peru Of Counsel play in a cross-border project finance matter?
Martín Mayandía, the firm’s Peru Of Counsel, handles the Peruvian-law aspects of the transaction and serves as a liaison with Mr. Sris. Mr. Mayandía is admitted to practice law in Peru (2009) and is not admitted in any US state bar. His work is limited to matters of Peruvian law, such as concession agreements, local regulatory approvals, and Peruvian corporate governance. He does not provide US legal advice. The US-law side remains with Mr. Sris and the firm’s US-admitted attorneys, ensuring that each jurisdiction’s legal work is performed by a lawyer licensed there.
What should I bring to an initial consultation about a Peru IFC financing matter?
Bring a summary of the project, the proposed financing structure, and any term sheets or correspondence from the IFC or other lenders. It is also helpful to have a list of the Peruvian entities involved and an overview of the local regulatory approvals already obtained or anticipated. The firm will use this information to assess the US-law issues—such as securities exemptions, FCPA exposure, and New York-law enforceability—and to identify the Peruvian-law work that Mr. Mayandía will need to address. The consultation is by appointment only; contact the firm at (888) 437-7747 to schedule.
How do I engage the firm for a Peru-related project finance matter?
Contact Law Offices of SRIS, P.C. at (888) 437-7747 to request a consultation. During the initial discussion, the firm will evaluate the US-law scope of the engagement and confirm that Mr. Mayandía is available for the Peru-law component. If the matter proceeds, the firm will provide an engagement letter that clearly delineates the US-law and Peru-law responsibilities. All consultations are by appointment only, and no attorney-client relationship is formed until a written engagement agreement is signed.