2016 closed with the news that DLA Piper launched in Chile and Dentons started the new year with a second office in Mexico as Latin America remains attractive to international clients and their mega law firms.
In other news, PPU advised in several landmark deals in Colombia, including the sale of Panettiere to Bimbo, the acquisition of 49% of Viva Malls by a Bancolombia-controlled fund and Grupo Argos´s takeover of ODINSA, the infrastructure company.
In Peru, Estudio Rodrigo appointed a new partner in their natural resources group and Miranda and Amado advised Great Panther on its acquisition of a mining complex.
Simpson Thacher acted for the buyers of Vale´s fertiliser assets in Brazil while Machado Meyer brokered a $2.2 billion strategic alliance between their client Petrobras and French energy company Total.
Elsewhere across the region, corruption and bribery remain major concerns for clients, as noted in our report.
Meanwhile, The Latin American Lawyer and Iberian Lawyer will return to San José, Costa Rica in February as media partners to the ICC VIII International Arbitration Congress and also as hosts to two events. Our first arbitration masterclass in Central America will take place on February 23rd and our second The Latin American Cafe (for in-house counsel only) will run on February 22nd.
The Latin American Lawyer and Iberian Lawyer are also proud to be media partners to the IBA Mergers and Acquisitions Conference in Buenos Aires, Argentina in March. If you are in San José or Buenos Aires please email me directly.
Editor – The Latin American Lawyer
|PPU guides Panettiere sale in Colombia
Philipi Prietocarrizosa Ferrero DU & Uría advised Frescongelados Panettiere on its sale to Bimbo de Colombia. The deal, of undisclosed value, gives Bimbo 100% ownership of Panettiere.
Dentons opens office in Monterrey
Global law firm Dentons announced it opened its second office in Mexico, this time in Monterrey.
Estudio Rodrigo appoints new partner in the natural resources practice group
Rodrigo Elias & Medrano announced the appointment of Claudio Ferrero as partner in the natural resources practice group.
Sacyr returns to Berkemeyer for second PPP in Paraguay
Paraguay law firm Berkemeyer Attorneys & Counsellors reprised its role for Sacyr in the country´s second PPP project.
Simpson Thacher instructed on Vale Fertilizantes sale
Simpson Thacher & Bartlett acted for The Mosaic Company on it acquisition of Vale Fertilizantes for $2.5 billion.
Former Trench Rossi compliance lawyers set out new boutique
Carlos Ayres, Bruno Maeda and Erica Sarubbi left their former firm to set out a boutique law firm focused on compliance, investigations and government enforcement.
Miranda & Amado instructed on Canadian miner acquisition in Peru
Miranda & Amado advised Great Panther Silver, a Canadian mining company, on its acquisition of the Coricancha mining complex in Peru from Nyrstar.
DLA launches in Chile with Bahamondez, Alvarez & Zegers
DLA Piper announced its arrival in Chile through a new cooperation agreement with Bahamondez, Alvarez & Zegers (BAZ). Together the firms will operate as BAZ/DLA Piper.
Guerrero Olivos instructed on $36 million property deal in Chile
Chilean law firm Guerrero Olivos acted for Aguas Cordillera on the sale of a residential site located in the borough of Vitacura, in Santiago de Chile.
Corruption and bribery remain major worries for clients in Latin America
Local regulations regarding corruption, bribery and money laundering in the region fall short of international standards, with more companies needing to implement compliance programmes.
Machado Meyer instructed on Petrobras – Total alliance
Machado Meyer advised Brazil-based energy giant Petrobras in the contracts related to a strategic alliance with Total, its French counterpart.
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