León López

Cuatrecasas counsels on Purple Line train guarantee issuance

Cuatrecasas has assisted a group of insurers led by Liberty Mutual Insurance Company in the issuance of surety bonds, counter-guarantees and indemnity agreements in connection with the construction of the Purple Line light electric train.

The Purple Line is a $2300 million, 16-mile rail line located in Maryland, United States. The route runs from Bethesda (Montgomery County) to New Carrollton (Prince George’s County) and will establish a direct connection between MARC Train, Amtrak and local bus services.

Cuatrecasas’ team was led by Mexico City office partner León López Iglesias (pictured), with support from Madrid office lawyers Jaime Juan Rodríguez Lozano, Jerónimo Poza Anguís, María Granero de la Asunción and Ramiro Guisasola Abal.

L Giselle Estrada