Peru IDB financing lawyer
Infrastructure projects in Peru backed by the Inter-American Development Bank (IDB) routinely involve parties, lenders, and securities considerations on both sides of the US-Peru corridor. A Peru IDB financing lawyer addresses the US-law dimension of these transactions: securities compliance, anti-bribery diligence under the Foreign Corrupt Practices Act, cross-border security arrangements, and the coordination of US-side documentation with Peru-side counsel. Law Offices of SRIS, P.C., a US law firm founded in 1997, provides US legal counsel on IDB-financed infrastructure matters and collaborates with Peru-admitted Of Counsel on the Peru-law side. For a consultation on a Peru IDB project finance matter, reach the firm at (888) 437-7747.
What US Counsel Does on an IDB-Financed Peru Infrastructure Project
US counsel on an IDB-financed infrastructure project in Peru handles the American-law components that arise when US lenders, US investors, US contractors, or US-governed financing documents are part of the transaction. The IDB itself operates under its own charter and procurement policies, but the commercial agreements surrounding an IDB loan or guarantee frequently select New York law or another US-jurisdiction governing law. US counsel drafts, reviews, and negotiates those agreements, ensures that any US-side offering of securities complies with the Securities Act of 1933 and the Securities Exchange Act of 1934, and advises on the anti-bribery provisions of the Foreign Corrupt Practices Act (15 U.S.C. § 78dd-1 et seq.), which reach US issuers, US domestic concerns, and certain foreign persons acting in US territory.
On the Peru side, the project must satisfy Peruvian concession law, local permitting, tax structuring under the Peruvian tax code, and any sector-specific regulation. That work is performed by Peru-admitted counsel. The US firm’s role is to ensure that the US-law components are sound and that the cross-border structure does not create unintended US regulatory exposure. The two sides collaborate so that the transaction documents work as a coherent whole across both legal systems.
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. Admitted in Virginia, Maryland, the District of Columbia, New Jersey, and New York, he oversees the US securities, FCPA, and contractual workstreams. For the Peru-law dimension, the firm works with Martín Mayandía, Of Counsel for Peru matters. Mr. Mayandía is admitted to practice law in Peru. He is not admitted to practice law in the United States. His role is limited to Peru-law matters in collaboration with the US-admitted attorneys of the firm. This division of responsibility is deliberate: US-law matters are handled by US-admitted counsel, and Peru-law matters are handled by Peru-admitted counsel, with coordination between the two as the transaction requires.
The typical engagement begins with a review of the project structure: the identity of the borrower or concessionaire, the governing law of the IDB loan documentation, the presence of any US-based lenders or equity participants, and the Peru-side regulatory approvals already in place. From there, Mr. Sris addresses the American-law workstream while Mr. Mayandía addresses the Peruvian-law workstream. The firm does not hold a location in Peru; all US legal services are provided from the firm’s Virginia principal location, by appointment only, and Peru-law services are provided by Mr. Mayandía from his practice in Peru.
About Mr. Sris and the firm’s Of Counsel Network
Mr. Sris, Owner and Founder of Law Offices of SRIS, P.C., has practiced since 1997 and is admitted in Virginia, Maryland, the District of Columbia, New Jersey, and New York. A former prosecutor, he testified before the Virginia House Courts of Justice Committee in support of 2019 HB 635 (chief patron Del. David Bulova). His practice includes cross-border project finance, US securities compliance, and FCPA counseling for transactions involving Latin American counterparties. He serves as the responsible US attorney for all the firm’s website content under applicable US bar rules.
Martín Mayandía, Of Counsel for Peru matters, is admitted to practice law in Peru. He is not admitted to practice law in the United States. His practice with the firm is limited to matters of Peruvian law and to serving as a liaison for international clients with the US-admitted attorneys of the firm. Mr. Mayandía brings substantial experience in Peruvian infrastructure and concession law, and he collaborates with Mr. Sris on transactions where both US and Peruvian legal workstreams are required.
Frequently Asked Questions
What does a Peru IDB financing lawyer handle on the US side?
A Peru IDB financing lawyer handling the US side addresses the American securities, anti-bribery, and contractual components of an IDB-backed infrastructure transaction. This includes reviewing whether any US-side capital raise triggers registration or exemption requirements under the Securities Act of 1933, ensuring that US parties comply with the Foreign Corrupt Practices Act, and negotiating US-law-governed credit agreements, intercreditor arrangements, and security documents. The US lawyer also coordinates with Peru-admitted counsel to confirm that the cross-border structure is coherent and that no US-law issue is created by the Peru-side documentation. For guidance on your specific project, reach Law Offices of SRIS, P.C. at (888) 437-7747.
Do I need both a US-admitted lawyer and a Peru-admitted lawyer for an IDB project?
Yes, an IDB-financed infrastructure project with a US nexus typically requires both US-admitted counsel and Peru-admitted counsel because the legal work divides along jurisdictional lines. US-admitted counsel handles the American-law components: securities filings, FCPA compliance, US-governed contracts, and any US litigation or arbitration exposure. Peru-admitted counsel handles Peruvian concession law, local permitting, tax structuring under Peruvian law, and regulatory approvals from Peruvian agencies. The two counsel collaborate so that the transaction documents are consistent across both legal systems, but each is responsible only for the law of the jurisdiction where they are admitted. Law Offices of SRIS, P.C. provides the US-admitted counsel and coordinates with Martín Mayandía, the firm’s Peru-admitted Of Counsel, for the Peru-law side.
How does the FCPA apply to an IDB-financed project in Peru?
The Foreign Corrupt Practices Act applies to any US issuer, US domestic concern, or certain foreign persons acting in US territory who are involved in the project, and it prohibits bribery of foreign officials to obtain or retain business. On an IDB-financed infrastructure project, the FCPA is relevant whenever a US company is a contractor, a US bank is a lender, or US investors are equity participants. The anti-bribery provisions at 15 U.S.C. § 78dd-1 (issuers), § 78dd-2 (domestic concerns), and § 78dd-3 (certain foreign persons in US territory) reach conduct anywhere in the world. Criminal penalties are set by 15 U.S.C. § 78ff, under which an individual faces up to five years imprisonment per anti-bribery violation. US counsel on the project advises on FCPA risk, conducts due diligence on local partners and intermediaries, and structures the transaction to minimize exposure.
What should I bring to an initial consultation about a Peru IDB financing matter?
For an initial consultation on a Peru IDB project finance matter, bring the project summary, the identity of all US-based parties, the governing-law provisions of any existing financing documents, and the status of Peru-side regulatory approvals. The US counsel will want to understand whether any US securities offering is contemplated, which US lenders or investors are involved, and whether any prior FCPA due diligence has been performed. The Peru-admitted Of Counsel will review the Peruvian concession or permit status and any local-law obstacles. Having these materials ready allows both the US and Peru counsel to assess the scope of work efficiently. To schedule a consultation, contact Law Offices of SRIS, P.C. at (888) 437-7747.
How do I engage US counsel for a Peru IDB infrastructure matter?
Engaging US counsel for a Peru IDB infrastructure matter begins with a consultation to define the US-law workstream and to confirm that the firm’s Peru-admitted Of Counsel is available for the Peru-law side. Law Offices of SRIS, P.C. provides the US-admitted attorneys, led by Mr. Sris, and coordinates with Martín Mayandía for the Peruvian-law components. Mr. Mayandía is admitted to practice law in Peru. He is not admitted to practice law in the United States. The engagement letter specifies which workstreams each counsel handles and confirms that US-law matters are the responsibility of the US-admitted attorneys. Consultations are by appointment only. For guidance on your specific cross-border project, reach the firm at (888) 437-7747.