© 2015 The Texas Lawbook.
By Brooks Igo
(March 10) – Greenberg Traurig announced yesterday that it expanded its Latin American and Iberian Practice with the additions of Manuel Rajunov and Dania Duncan.
Rajunov and Duncan, who join as shareholders from DLA Piper, will split time between their new firm’s Dallas and Mexico City offices.
Rajunov said he is excited about the breadth and depth of resources that Greenberg Traurig devotes to Latin America and Mexico, in particular.
“For many years, I have been aware of Greenberg Traurig’s preeminent Latin American practice,” he said. “The firm also has shown a strategic commitment to growing in Texas.”
One significant trend that Rajunov is observing in Mexico is that private equity firms that entered the market in the mid-2000s have matured and are looking to divest some of their assets. He says the buyers are often other private equity groups that are new to doing business in Mexico.
For example, Rajunov said he is currently working with a private equity fund to divest housing properties.
He notes that Mexico’s slowing economy has created buy-low opportunities for companies looking to consolidate. He is also seeing increased activity in the energy and hospitality industries.
Rajunov’s practice includes providing tax consulting and transactional advice to foreign investors doing business in Mexico across a number of industries, as well as advising Mexican investors on their investments overseas.
Duncan focuses her practice on commercial, industrial, and residential real estate matters, including development and acquisitions, structured finance, and corporate matters
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