Cancio Covas & Santiago, LLP

The founding partners of the firm constitute one of the leading local corporate and financial practice groups representing companies and other business entities at all stages of their development and growth, as well as the investment banks, venture funds, commercial banks and other financial institutions that finance them. Our team has established its reputation by having the technical expertise in our areas of practice, and the business and practical sense to apply the law to accomplish our client's business and personal objectives, in an innovative, efficient, and cost effective manner. The combination enables us to provide value added counsel and advocacy that goes beyond the rendition of merely accurate technical advice.

Our firm engaged in the fields of corporate, real estate, contracts, government procurement, administrative, banking law and all areas of financing, from retail and commercial to corporate banking, and structured finance. The firm represents companies and individuals in connection with mergers, acquisitions, divestitures, and leveraged buyouts, as well as other corporate combinations and restructurings. Among other nationally and internationally recognized banks and financial institutions that have structured transactions connected to Puerto Rico, our team has served as the principal advisor and transactional counsel for the construction, corporate, asset based lending, workout, and structured finance divisions of Puerto Rico's largest commercial bank.

The members of the firm also have substantial experience in real estate and construction matters and have represented purchaser, sellers, mortgagees, mortgagors, and developers of real property in Puerto Rico, including shopping centers, office buildings, residential and commercial developments. Additionally, it has advised individuals, corporations, and other entities in the creation of trust arrangements tailored to particular situations, and designed to assist individuals with wealth accumulation and preservations.

The firm is also engaged in the fields of municipal and corporate finance and regularly represents some of Puerto Rico's leading corporations and individuals engaged in all areas of business and industry, financial and commercial institutions, investment banks and governmental authorities in the public and private issuance of municipal bonds and corporate securities. In addition to acting as bond counsel and underwriter's counsel in connection with these financings, members of the firm frequently acts as borrower's counsel and letter of credit bank counsel, as well as legal counsel for the various other parties that may participate in the issuance of debt and equity securities.

In providing services to investment banking firms and other financial institutions, the members of the firm have been engaged in the development of financial products and related structures tailored to the unique tax and legal environment of Puerto Rico.

Our team also has substantial experience representing government agencies and other instrumentalities, as well as individuals and private entities in the structuring, negotiation, and implementation, of governmental infrastructure, reorganization, and procurement projects and proceedings.