Argentina and Luxembourg have signed a social security totalisation agreement, eliminating double taxation by allowing applicable employees to fall under only one country’s social security law.
Clifford Chance has promoted Guido Liniado as partner in its New York office, and who is a member of the law firm’s Latin America Group and World Wide Projects Group.
Chilean law firm Morales & Besa has advised private equity fund manager VolcomCapital on the sale of all of its shares in retail real estate developer VivoCorp Holding to Inversiones Terra.
Baker McKenzie has announced a new parental leave and flexible work policy for its more than 450 employees in Mexico, extending paternal and maternal leave and introducing flexible and remote working arrangements.
Jones Day has advised Banco Santander in Spain and Mexico and Banco Inbursa on a loan to Abent 3T to refinance a power station in Mexico.
Law firm Posse Herrera Ruiz has acted as legal adviser to a group of Colombian institutional investors in the purchase of a minority stake in Banco Davivienda, part of the World Bank’s
Cleary Gottlieb represented Credit Suisse in its role as administrative agent, joint bookrunner and joint lead arranger for a $350 million senior secured guaranteed term loan facility to Mexican paper manufacturer Bio Pappel.
Anglo-Australian law firm Herbert Smith Freehills has promoted lawyer Florencia Villaggi to Of Counsel, specialising in international arbitration, as part of the firm’s Latin America Group.
Brazilian law firm De Paula Dias has recruited Carolina Machado as Of Counsel in its international arbitration practice, an area in which she has ample experience in the energy and construction sectors.
Chilean law firm Carey has advised Falabella Inversiones Financieras on its sale of Viajes Falabella, its travel services business, to Despegar.com in Chile, Colombia, Peru and Argentina.
