PHR acted as legal counsel to Junto Holding Latam and Cardinal Seguros in the sale of JMalucelli Travelers Seguros S.A. to Liberty Mutual Insurance. The transaction is the outcome of the joint efforts of (i) PHR (Óscar Tutasaura, Partner; Nicolás Gómez Ospina, Associate, and Camila Pérez, Associate and (ii) PPU (Felipe Cuberos, Partner; David Antonio Beltran, Associate; and Cristian Camilo Aranzazu, Associate).