Peru CAF financing lawyer
Law Offices of SRIS, P.C., a US law firm founded in 1997, assists international clients with cross-border project finance and infrastructure matters. When a financing involves a US-law component—such as a New York-governed credit agreement, a US-domiciled borrower, or a US-based multilateral lender—the firm’s US-admitted attorneys handle the US-side structuring, documentation, and regulatory analysis. For the Peru-law dimension, the firm collaborates with Martín Mayandía, Of Counsel, admitted to practice law in Peru (2009) and not admitted in any US state bar; his role is limited to Peru-law matters in collaboration with the US-admitted attorneys of the firm. All US-law aspects are handled by Mr. Sris and the US-admitted attorneys of the firm. Reach Law Offices of SRIS, P.C. at (888) 437-7747 to discuss a cross-border project finance engagement.
What This Cross-Border Practice Area Covers
Project finance in the cross-border context typically involves a special-purpose vehicle (SPV) that borrows on a limited-recourse basis, with repayment coming from the project’s cash flows rather than the sponsor’s balance sheet. When the project is located in Peru and the financing is sourced from US-based multilateral development banks—such as the Development Bank of Latin America and the Caribbean (CAF)—the transaction often sits at the intersection of US and Peruvian law. The US-law side may include a New York-law credit agreement, a US-law security package, and compliance with US federal securities laws if the debt is privately placed. The Peruvian-law side may involve the concession contract, the regulatory permits, and the local-law collateral package. The firm’s US-admitted attorneys focus on the US-law components, while Martín Mayandía, Of Counsel, admitted to practice law in Peru (2009) and not admitted in any US state bar, addresses the Peruvian-law elements in collaboration with the US-admitted attorneys.
Infrastructure projects—roads, ports, energy generation, water treatment—often rely on a mix of multilateral, bilateral, and commercial financing. CAF, as a multilateral development bank, provides loans, guarantees, and technical assistance to its shareholder countries, including Peru. A US-law firm can assist with the US-law aspects of a CAF-financed project, such as ensuring that the financing documents comply with US commercial law, that any US-based collateral is properly perfected under the Uniform Commercial Code, and that the transaction does not trigger unintended US tax or securities consequences. The firm’s US-admitted attorneys bring experience in these areas, while the Peru-law side is handled by the firm’s Peru Of Counsel.
How Mr. Sris and His Of Counsel Network Handle These Matters
Mr. Sris, the firm’s founder and managing attorney, is admitted to practice in Virginia, Maryland, the District of Columbia, New Jersey, and New York. On a cross-border project finance matter, he and the firm’s US-admitted attorneys typically take the lead on the US-law components: drafting and negotiating the New York-law credit agreement, preparing the US-law security documents, and advising on US regulatory requirements. For the Peruvian-law components—such as the concession agreement, the local-law security package, and the regulatory approvals—the firm engages Martín Mayandía, Of Counsel, admitted to practice law in Peru (2009) and not admitted in any US state bar. Mr. Mayandía’s role is limited to Peru-law matters in collaboration with the US-admitted attorneys of the firm. The two sides coordinate closely, but each attorney works strictly within the jurisdiction where they are admitted.
This division of responsibility is designed to respect the unauthorized-practice-of-law rules of both the United States and Peru. The firm does not hold itself out as practicing Peruvian law; rather, it collaborates with a Peru-admitted attorney who handles the Peruvian-law aspects. The client benefits from a single point of contact—Law Offices of SRIS, P.C.—while receiving advice from attorneys admitted in the relevant jurisdictions. For a CAF-financed infrastructure project, this means the US-law documents are prepared by US-admitted counsel, and the Peruvian-law documents are prepared by Peru-admitted counsel, with the firm coordinating the overall engagement.
About Mr. Sris and the Law Offices of SRIS, P.C. 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 founded the firm in 1997 and has built a practice that serves international clients with US legal needs. Mr. Sris 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). His legislative involvement reflects a commitment to understanding the statutory frameworks that affect clients.
The Law Offices of SRIS, P.C. Of Counsel network includes attorneys admitted in foreign jurisdictions who collaborate with the firm on cross-border matters. For Peru-related engagements, the firm works with Martín Mayandía, Of Counsel, admitted to practice law in Peru (2009) and not admitted in any US state bar. Mr. Mayandía’s practice is limited to Peru-law matters in collaboration with the US-admitted attorneys of the firm. The firm does not employ any attorneys; all non-Sris attorneys serve as Of Counsel, maintaining their own independent practices while collaborating with the firm on specific matters.
Frequently Asked Questions
What is CAF and how does it finance projects in Peru?
CAF—Development Bank of Latin America and the Caribbean—is a multilateral financial institution that provides loans, guarantees, and technical assistance to its shareholder countries, including Peru. CAF finances infrastructure, energy, and social development projects. A US-law firm can assist with the US-law aspects of a CAF-financed transaction, such as ensuring that the financing documents comply with US commercial law and that any US-based collateral is properly perfected. The Peruvian-law aspects are handled by the firm’s Peru Of Counsel, Martín Mayandía, admitted to practice law in Peru (2009) and not admitted in any US state bar.
Do I need both a US-admitted lawyer and a Peru-admitted lawyer for a cross-border project finance deal?
Yes, a cross-border project finance transaction typically requires counsel admitted in each jurisdiction where the project, the borrower, or the collateral is located. If the financing documents are governed by New York law, a US-admitted attorney should handle the US-law components. If the project is in Peru, a Peru-admitted attorney should handle the Peruvian-law components. Law Offices of SRIS, P.C. provides the US-admitted counsel and coordinates with its Peru Of Counsel, Martín Mayandía, for the Peruvian-law side.
How does the firm handle the division of work between US and Peruvian law?
The firm’s US-admitted attorneys handle all US-law aspects, and the firm’s Peru Of Counsel handles all Peruvian-law aspects. The two sides collaborate as needed, but each attorney works strictly within the jurisdiction where they are admitted. The client engages Law Offices of SRIS, P.C., which coordinates the overall matter and ensures that the US-law and Peruvian-law workstreams are aligned.
What types of infrastructure projects does the firm assist with?
The firm assists with a range of infrastructure projects, including transportation, energy, water, and telecommunications. The US-law side may involve project finance documentation, US regulatory compliance, and US-law security interests. The Peruvian-law side may involve the concession contract, environmental permits, and local-law collateral. The firm’s US-admitted attorneys and its Peru Of Counsel work together to address both dimensions.
Can the firm help if the financing involves a US-based multilateral lender like CAF?
Yes, the firm can assist with the US-law aspects of a financing that involves a US-based multilateral lender. CAF, as a multilateral development bank, often requires that financing documents comply with US commercial law and that any US-based collateral be properly perfected. The firm’s US-admitted attorneys handle these US-law components, while the Peruvian-law components are handled by the firm’s Peru Of Counsel.
What should I bring to a consultation about a cross-border project finance matter?
Bring any existing term sheets, financing proposals, and project documents, as well as information about the project’s location, the borrower’s jurisdiction, and the governing law of the proposed financing. This allows the firm to assess the US-law and Peruvian-law dimensions and to determine the appropriate division of work between the US-admitted attorneys and the Peru Of Counsel. For a consultation, reach Law Offices of SRIS, P.C. at (888) 437-7747.