Thomas Heather, a former banking partner and head of restructuring for Latin America at White & Case, left the firm at the beginning of January to set up Heather & Heather
with his sons Andrew and Thomas.
The firm includes five more fee-earners, including former Cleary Gottlieb Steen & Hamilton lawyer Mariana Campos Clasing.
“I really wanted to set up my own boutique firm again. I wanted to avoid the conflicts of interest that often come with global practices and I thought it was now or never,” said Heather. “It’s thrilling to see my boys so enthused. The Mexican legal market allows people the chance to have a family firm, but I want to go beyond that.”
The new firm will focus on restructuring and insolvency, banking, M&A and arbitration.
“I’ve been involved in five restructurings now worth over $100m (£61.5m) and have developed a recognised expertise in the area,” said Heather. “I’ve also developed reasonably well in arbitration and conciliation.
White & Case set up its arbitration practice in Mexico 19 years ago under the leadership of partner Jonathan Hamilton. It now has six partners in its Mexico City office acting on arbitrations, led by partner Juan Pablo Rico.
While at White & Case Heather was appointed as conciliator in the $800m restructuring of Satélites Mexicanos (Satmex).
Before joining White & Case Heather was a partner at Mexican firm Ritch Heather & Mueller (now Ritch Mueller).