Solid legal framework backs investment

Jorge Muñiz Founder of MRPL Attorneys at Law

“The legal system of Peru is one of the most modern and advanced in Latin America,” says Dr Jorge Muñiz (INTERVIEW), founder of Muñiz, Ramirez, Perez-Taiman & Luna Victoria (MRPL), Peru’s top corporate law firm. “It hasupdated legislation in the promotion of foreign investment, a modern contractual system, adapted treatment for infrastructure concessions and public services, a modern framework for the capital market and modern mercantile legislation.”

Indeed, Peru’s legal framework, which was reformed15 years ago, was instrumental in the flow of investment into the country throughout the 90s, when it also adhered to two World Bank mechanisms that provide security for investors.

Established in 1981, MRPL is today Peru’s top corporate firm, and one of the top ten in Latin America. It has offices in all of Peru’s major cities and in various Andean Region countries such as Ecuador.

Priding itself on its client relations, MRPL assigns each client an ‘attaché’ who maintains direct contact with the client and becomes almost an “in-house lawyer”, according to Dr Muñiz. If expertise in more than one specialised area is required, the attaché sets up the appropriate team.