Peru syndicated loan lawyer
A syndicated loan involving a Peruvian borrower, Peruvian collateral, or a Peruvian lender requires careful coordination of US and Peruvian law. Law Offices of SRIS, P.C., a US law firm with an international clientele founded in 1997, represents lenders, borrowers, and agents in cross-border syndicated credit facilities. The firm’s US-admitted attorneys handle the US-law aspects of the transaction—typically New York or other US governing law, UCC Article 9 security interests, and US securities law considerations—while collaborating with Martín Mayandía, Of Counsel, who is admitted to practice law in Peru (2009) and not admitted in any US state bar, for Peru-law due diligence, local perfection of security, and Peruvian corporate authority.
What This Cross-Border Practice Area Covers
A cross-border syndicated loan is a financing arrangement in which multiple lenders extend credit to a single borrower under one facility, and the transaction spans two or more legal systems. When a Peruvian entity borrows from a syndicate that includes US lenders, or when a US borrower pledges assets located in Peru, the deal must satisfy the laws of both countries. On the US side, the credit agreement is typically governed by New York law, and the lenders’ security interests in US-situs collateral are perfected under the Uniform Commercial Code as adopted in the relevant state—for example, Virginia UCC Article 9. If the loan involves notes that are securities, the offering may need to comply with the Securities Act of 1933 or an exemption. The US-admitted attorneys at Law Offices of SRIS, P.C. draft and negotiate these documents, advise on US regulatory requirements, and coordinate the closing.
On the Peruvian side, the transaction raises distinct issues: the validity of the borrower’s corporate authorization under Peruvian law, the creation and perfection of security interests in assets located in Peru, and any regulatory approvals required by Peruvian banking or foreign-investment authorities. These matters are governed by the Peruvian Civil Code and related statutes, and they require the involvement of a lawyer admitted in Peru. The firm’s Peru Of Counsel, Martín Mayandía, handles these Peru-law elements in collaboration with the US-admitted attorneys, ensuring that the overall facility is enforceable in both jurisdictions.
How Mr. Sris and His Of Counsel Network Handle These Matters
Mr. Sris and the firm’s US-admitted attorneys take the lead on all US-law aspects of a Peru-connected syndicated loan, while the Peru Of Counsel addresses the Peruvian-law components under a clear jurisdictional division. The process begins with a review of the proposed transaction structure. The firm analyzes the credit agreement, intercreditor arrangements, and US-law security documents, and advises on choice-of-law and forum-selection clauses. If the loan involves a US-based agent or a New York law governed facility, the US attorneys ensure that the documentation complies with market standards and applicable US regulations.
Simultaneously, the Peru Of Counsel reviews the Peruvian borrower’s corporate capacity, the nature of the Peruvian collateral, and the steps required to perfect a security interest under Peruvian law. The two sides coordinate on cross-border enforceability: for example, a US judgment or arbitral award may need to be recognized in Peru, and the Peru Of Counsel advises on the local recognition procedure. Throughout the engagement, the US-admitted attorneys remain responsible for the US-law advice, and the Peru Of Counsel remains responsible for the Peru-law advice, with each attorney practicing only in the jurisdiction where they are admitted.
About Mr. Sris and the firm’s Of Counsel Network
Mr. Sris, founder of Law Offices of SRIS, P.C., is a US-licensed attorney admitted in Virginia, Maryland, the District of Columbia, New Jersey, and New York, with extensive experience in cross-border finance matters. He founded the firm in 1997 and has built a practice that serves international clients in complex lending transactions. Mr. Sris and his Of Counsel bring extensive combined legal experience across US and foreign jurisdictions. The firm’s US-admitted attorneys handle the US-law side of every matter, while the Of Counsel network provides local-law support in the relevant foreign jurisdiction.
For Peru-connected matters, the firm works with Martín Mayandía, Of Counsel, who is 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. All US-law aspects are handled by Mr. Sris and the US-admitted attorneys. This structure ensures that each component of a cross-border syndicated loan receives advice from a lawyer licensed in the applicable jurisdiction.
Frequently Asked Questions
What is a syndicated loan?
A syndicated loan is a credit facility provided by a group of lenders—the syndicate—to a single borrower under one set of loan documents. The lenders share the credit risk and appoint an administrative agent to manage the facility. Syndicated loans are common in large-scale corporate finance, project finance, and acquisition finance. When the borrower, collateral, or lenders are located in different countries, the transaction becomes cross-border and requires coordination of the laws of each involved jurisdiction.
Do I need a Peru-admitted lawyer for a syndicated loan involving Peru?
Yes, if the transaction involves Peruvian-law issues such as a Peruvian borrower, collateral in Peru, or Peruvian regulatory approvals, you need a lawyer admitted in Peru. The US-admitted attorneys at Law Offices of SRIS, P.C. handle the US-law aspects, but they cannot practice Peruvian law. The firm collaborates with Martín Mayandía, Of Counsel, who is admitted in Peru and not admitted in any US state bar, to address the Peruvian-law components. This division ensures that each part of the transaction receives competent local-law advice.
How does US law govern a syndicated loan with a Peruvian borrower?
Most cross-border syndicated loans involving US lenders or a US agent are governed by New York law, even if the borrower is Peruvian. The credit agreement will specify New York as the governing law, and the US-law security documents will be governed by the law of the state where the collateral is located. The US-admitted attorneys at the firm draft and negotiate these documents, ensure compliance with US securities laws if the notes are securities, and perfect security interests under the applicable UCC. Peruvian law governs the borrower’s corporate authority and any security interests in Peru-situs assets.
What role does the Peru Of Counsel play in a syndicated loan?
The Peru Of Counsel, Martín Mayandía, handles all Peru-law aspects of the transaction, including due diligence on the Peruvian borrower, perfection of security interests in Peru, and advice on Peruvian regulatory requirements. He is admitted to practice law in Peru (2009) and not admitted in any US state bar. His work is limited to Peru-law matters and is performed in collaboration with the US-admitted attorneys of the firm. He does not provide US legal advice.
How do I contact the firm about a Peru syndicated loan?
You can reach Law Offices of SRIS, P.C. at (888) 437-7747 to discuss a cross-border syndicated loan involving Peru. Consultations are by appointment. The firm’s US-admitted attorneys will review the US-law aspects of your matter, and if Peru-law issues are present, the firm will engage its Peru Of Counsel to address them. All initial inquiries are handled by Mr. Sris.