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Victor Farro

Partner

Contact
CMS Grau
Av. Santa María 130
Miraflores, L18
Lima
Peru
Languages Spanish, English

Víctor Farro co-heads the Corporate Restructuring and Insolvency area of CMS Grau and specializes in restructuring, insolvency and liquidation of companies, as well as prevention and management of economic and financial crisis situations. He has more than 20 years of experience in legal management of public and private entities.  

He advises local and international companies in bankruptcy and corporate reorganization matters, including complex cases with social, political and regulatory components.  

He has served as former General Counsel of INDECOPI and member of different Commissions of such Institution with competence in Bankruptcy, Elimination of Bureaucratic Barriers and Consumer Protection.  

In the private sector, he provided advice to the Insolvency Administrations in charge of the ongoing liquidation process of Doe Run Peru (a mining company with liabilities exceeding USD 600 MM), contributing to reduce the number of legal contingencies of the company and collaborated with its legal and environmental reorganization. He was also a member of the Dispute Resolution Tribunal of Osinergmin.  

Víctor is a speaker in several academic symposiums related to Bankruptcy Law and Consumer Protection, as well as a professor at the National School for the Defense of Competition and Intellectual Property Protection. He also has a specialization in Legal Management from the Yale School of Management. 

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Relevant experience

  • Grupo Enagás | Advising on bankruptcy filing and litigation against a concessionaire company that was awarded one of its most important investments (oil and gas) in Peru (the investment value of the project was US$7.4 billion).
  • Ocean Partners | Design and execution of a credit recovery strategy against its debtor, Planta Procesadora María Mercedes S.A.C.
  • Telefónica Del Perú | Advising clients undergoing bankruptcy proceedings in Peru.
  • Hotchief Solutions | Advise on the liquidation procedure, seeking the most viable and beneficial legal alternatives. Continuous advice on all aspects of the insolvency proceedings. 
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Memberships & Roles

  • Lima Bar Association (CAL).
  • Member of the Dispute Settlement Tribunal of OSINERGMIN.
  • Former General Representative of INDECOPI.
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Awards & Rankings

  • Band 3 en Chambers Latin America 2024 - Bankruptcy/ Restructuring.
  • Next Generation Partner en The Legal 500 2024 -  Restructuring and Bankruptcy.
  • Categoria de ‘Leading’ en Leaders League 2025 - Bankruptcy/ Restructuring.
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Education

  • 2013 - Diploma in Mining Law, Management and Accountability, Yale School of Management.
  • 2001 - Master's degree in Intellectual Property and Competition Law, Pontificia Universidad Católica del Perú.
  • 2000 - Specialization in Antitrust Law and Distinctive Signs, University of Salamanca.
  • 1997 - Law Degree, Universidad Privada San Martín de Porres.
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Feed

13/10/2023
Towards the incorporation of Pre-Packs in Peruvian legislation
Peruvian legislation does not formally encompass the possibility of entering into pre-pack agreements with creditors. Nevertheless, it does include other mechanisms that allow companies to reach agreements...
23/08/2022
Restructuring and insolvency law in Peru
1. What is the primary legislation governing insolvency and restructuring proceedings in your jurisdiction? Peruvian bankruptcy proceedings are governed mainly by Peruvian Bankruptcy Law No. 27809 and...
Comparable
09/06/2020
Insolvency law and rules in Peru
1. What type of restructuring schemes exist in Peru? In Peru, corporate restructuring is carried out through insolvency proceedings. These proceedings are handled by a national administrative agency (INDECOPI)...
16/03/2020
Coronavirus (Covid 19) and Business Preventive Measures
What to do today to prevent a crisis? Very few companies anticipate a crisis. Even more exceptional, is finding companies which have a prevention plan ready in time. Here are some re­com­mend­a­tions:Identi­fy...