Cuatrecasas, Gonçalves Pereira and Posse Herrera Ruiz announced an strategic alliance to offer legal services to clients with interests in the Colombian market, the Iberian peninsula and elsewhere. Both law firms will maintain independence and alliance policies, and ruled out a merger.
Central American law firm BLP announced the opening of an office in Guatemala adding a trio of partners from a local law firm.
Simpson Thacher acted for Compañía de Petróleos de Chile (COPEC) on its acquisition of MAPCO Express, a US convenience store chain, from owners Delek Holdings.
US based law firm Andrews Kurth advised IDB as international counsel while Dias Carneiro, Arystóbulo, Flores, Sanches e Thomaz Bastos Advogados provided Brazilian legal advice.
Hughes Hubbard & Reed announced that Ruben Diaz has rejoined the firm as partner in Miami. Diaz joins from Grupo Pellas, a Central American financial and commercial group, where he was general counsel.
Marval, O’Farrell & Mairal acted for Itaú Argentina, HSBC Argentina, Citibank and Industrial and Commercial Bank of China (Argentina) in a syndicated loan granted to Medanito for approximately $20 million.
Two separate teams at Carey simultaneously advised the lenders and the borrower in a $100 million loan to Masisa.
Mayer Brown announced the expansion of its Mexico City office, adding new lawyers with energy, infrastructure and projects expertise.
Funds in South America tend to move more quickly and decisively than their international competitors, and many are now looking to monetize their investments in Colombia and Chile
Carey advised Codelco on the issuance of 10-year bonds for $400 million in local markets in Chile.