The practice of Victor Manuel Frías is focused on commercial law, including competition, mergers and acquisitions and arbitration.
On the competition side, Mr. Frías has represented clients in numerous cartel investigations before the Competition Commission in different industries for over 20 years. He frequently represents clients in pre-merger filings. Mr. Frías has been ranked by different publications as one of Mexico’s premier competition attorneys. He often appears before Mexico’s Federal Specialized Courts in Competition and Telecommunications matters.
On the M&A front, Mr. Frías has also been ranked as one of Mexico’s leading attorneys. In 2017, he closed the largest acquisition in Mexico for over $2.3 billion. He has represented acquirors (both Mexican and foreign), targets, and investment funds in a large number of acquisitions, takeovers, and joint ventures. He also counsels clients on a broad range of corporate and business-related matters, including corporate governance, corporate compliance matters and internal investigations. Mr. Frías has had substantial transactional involvement in numerous industries, including health care, information technology, retail, and the food industry. He has been ranked by Who’s Who as one of Mexico’s premier attorneys in IT matters.
Mr. Frías’s experience in commercial arbitration includes disputes involving contracts, construction, and corporate law. In a matter that is frequently reviewed by specialized literature in Mexico, he obtained an award in excess of $350 million on behalf of an international EPC contractor in an ICC arbitration against Mexico’s national oil company involving claims of delay and additional costs incurred in the design and construction of an offshore oil and gas production platform.