Humberto Padilla Gonzalez represents clients in a broad range of cross-border matters including mergers and acquisitions, joint ventures, international commercial finance transactions, and contractual and simple operational matters throughout Latin America. Further, he often assists clients with respect to internal compliance investigations under the Foreign Corrupt Practices Act (FCPA), as well as data privacy issues. Humberto is also part of a cross-practice Global Workforce team providing integrated cross-border advice, counseling, and strategic planning on labor, employment, benefits, and immigration issues in Latin America. A native Spanish speaker, he is fluent in English.
Prior to joining Morgan Lewis, Humberto was part of the US-based foreign practice group of another international law firm in New York, representing US and European clients with interests in Latin America including with respect to debt offerings by foreign issuers and complex project finance transactions in connection with oil and water projects in Latin America. Previously, he worked at one of the leading law firms in Mexico City assisting clients in, among other things, asset-backed securitizations, syndicated loans, and project finance transactions. Humberto also served as in-house counsel to subsidiaries of US banks in Mexico and was responsible for day-to-day legal matters, including overview of regulatory and transactional legal issues, gaining experience in all types of cross-border financing.
Represented institutional investors in connection with the purchase of approximately $60 million in secured notes from a major Mexican clothing manufacturer. The notes are guaranteed through a Mexican collateral trust where securities and assets were contributed by the clothing manufacturer and its subsidiaries. Proceeds were used to repay pre-existing debt.
Led the Latin America team in the representation of Sumitomo Corp. in its announced agreement for a unanimously recommended cash offer to acquire the entire issued and to-be-issued share capital of Irish public company Fyffes plc, a leading global marketer and distributor of bananas and other produce. The offer values the shares at more than €751 million ($792 million). Also advised Sumitomo on its €825 million ($870 million) loan facility with Sumitomo Mitsui Banking Corp. related to the bid.
Acted as US Counsel for Banco Davivenda, Banco Colpatria, Bancaribe Curazao Bank and Bancolombia Panamá in their aggregate $245 million syndicated loan to Termocandelaria, a Colombian power generation company, to refinance existing debt.
Represented a Mexican private equity firm in a joint venture with an international finance institution to invest in distressed assets (consumer loans and mortgages) in the Caribbean, including with respect to the equity participation and financing thereof.
Represented the US subsidiary of one of Mexico’s leading manufacturers of structural and mechanical steel tubing, metal building components, and shapes for doors and windows as borrower in securing a $15 million loan from Comerica Bank.
Acted as international counsel for Commerzbank in its €23.6 million loan to the US subsidiary of one of Mexico’s leading manufacturers of structural and mechanical steel tubing, metal building components, and shapes for doors and windows.
Represented a US private equity firm mainly funded by Mexican investors focused on the ownership and management of for-rent apartment complexes in the US, in the financing of its acquisition of properties in Texas and Florida.
Represented a Mexican private equity firm in its acquisition of a $30 million distressed loan from a diversified commercial finance company.
Represented a US public company and one of the world's largest wire and cable companies in the acquisition of a majority interest in a privately-owned Colombian manufacturer of cable and wire products, for total consideration of $45 million.
Represented one of the largest network data services companies in connection with its acquisition of a controlling stake in a listed company on the Colombia Stock Exchange and a leading Latin American credit services information provider, for an aggregate offer price of approximately $400 million.
Advised a leading real estate private equity fund in the structuring and operation of its investment of more than $1 billion in real estate joint ventures in Latin America (Brazil, Chile, Colombia, Costa Rica, Mexico, and Peru).
Assisted the Mexican government in connection with a Chapter 11 reorganization of Mexico's satellite company Satélites Mexicanos SA de C.V. (Satmex) (Reorganized for a 2011 Latin Lawyer Deal of the Year award).
Assisted one of the largest oil and gas companies with the structuring of a proposed transaction involving the provision of cross-border pipeline capacity and management of energy sales with respect to a mixed power plant to be constructed in northern Mexico.
Advised a leading health organization in connection with proposed financing and construction of a cancer treatment pediatric clinic in Mexico.
Participated in the structuring and implementation of several global public offerings (debt and capital markets) under Mexican securities laws, Rule 144A, and Regulation S for an aggregate amount of approximately $10.2 billion during the last five years, representing US, Mexican, and international underwriters.
Participated in the structuring and implementation of a $682 million financing for a 750 mw hydroelectric power project in Mexico, which included a Rule 144A placement of $230 million and a syndicated loan of $452 million.
Advised Mexican branches of three major US banks in connection with, among other things, regulatory compliance and secured and unsecured lending transactions of various degrees of complexity.
Assessed Mexican antitrust implications and obtained clearance from the Mexican antitrust authorities in connection with the acquisition of a major pharmaceutical company in Mexico by an European pharmaceutical holding company.
Represented several banks and investment entities in a series of project finance/short-term loans granted to Mexican contractors for Petróleos Mexicanos (Pemex) and the Comisión Federal de Electricidad (CFE) projects. Prepared the security packages in connection therewith.
Represented a number of US and European companies in connection with the incorporation of their Mexican subsidiaries. Rendered legal advice on corporate, commercial, and foreign investment law matters.
Participated in the acquisition of one of Central America's leading financial groups—with operations in El Salvador, Panama, Costa Rica, Guatemala, and Honduras—by a leading worldwide bank.
Universidad Panamericana, 2001, Law Degree
University of Texas School of Law, 2006, LL.M.
Awards and Affiliations
Member, Practice Group of the Year, Labor & Employment, Law360 (2017)
Recommended, The Legal 500 US, Private Practice Powerlist: The Leading US Attorneys with a Focus on Mexico (2017)
Recommended, Banking and Finance, Latin America: International Firms, The Legal 500 Latin America (2017)
Recommended, Corporate and M&A, Latin America: International Firms, The Legal 500 Latin America (2016, 2017)
Ranked, “Rising Star,” Texas Super Lawyers (2015–2017)
Ranked, Corporate/M&A, Latin America-wide, Chambers Latin America (2010–2016, 2018)
Ranked, Chambers Global: The World's Leading Lawyers for Business (2012–2016)
Ranked, ”Up and Coming,” Latin American Investment, Chambers USA (2017)
Recipient, Empire State Counsel award, New York State Bar Association (2009, 2011, 2014)
Recipient, Champion of Civil Rights award, American Civil Liberties Union of Texas