PPU announced new co-chair in Chile. Holland & Knight added a team from Jones Day in Mexico

The legal market in Latin America started the new year with laterals and promotions. Pellerano in the Dominican Republic and Prieto in Chile grew their respective partnerships while Garrigues in Peru and Holland & Knight in Mexico welcomed high profile hires.

Elsewhere, PPU in Chile announced that partner Marcelo Armas is taking over as co-chair of the 550-strong Iberian American law firm.

In Colombia, PPU advised the banks in a private toll road financing under the 4G government-led infrastructure programme. In Chile, the firm advised Walmart on the local sale of its financial arm, and, on a separate deal, advised the sellers of a 68% stake in BBVA.

Meanwhile, in Sao Paulo, Simpson Thacher brokered the IPO of Burger King Brazil while in Peru, Echecopar was instructed on the sale of the operator of Marriott hotels in the country.

The Latin American Lawyer will be in Madrid on January 30th hosting a breakfast debate with general counsel with business interests in Latin America. This event is exclusive for in-house counsel.

Ignacio Abella
Editor – The Latin American Lawyer
Iberian Lawyer
Twitter: @LatAmEditor



PPU instructed on pioneering private roll road financing in Colombia
Philippi Prietocarrizosa Ferrero DU & Uría advised Goldman Sachs, Bancolombia, Financiera de Desarrollo Nacional and Ashmore CAF on the financing of the Antioquia-Bolivar road project.

Holland & Knight adds Luis Rubio from Jones Day in Mexico
Holland & Knight announced that Luis Rubio Barnetche and a team of four have joined the firm from Jones Day.

Prieto Abogados promotes tax partner
Chilean law firm Prieto Abogados announced that Cristián Bay-Schmith is now a partner in their tax practice group.

Garrigues hires litigation and arbitration group in Peru
Garrigues announced the addition of a team of five lawyers from Benites, Forno & Ugaz in Peru.

Carey, PPU instructed on BBVA Chile sale
Carey acted for Scotiabank on its $2.2 billion acquisition of a 68.19% stake in BBVA Chile. PPU advised the sellers.

Pellerano & Herrera bulks up the partnership
Dominican Republic law firm Pellerano & Herrera announced that Joanna Bonnelly has become a partner.

Davis Polk led Cosan to $212 million equity offer in NY
Davis Polk acted for Cosan, the world’s largest sugar and ethanol producer, on its modified “Dutch Auction” tender offer in New York.

Simpson Thacher advised Burger King Brazil on Sao Paulo IPO
Simpson Thacher acted for Burger King Brazil on its debut offer on the on the São Paulo Stock Exchange, which raised 886 million reais (approximately $268 million).

Baker McKenzie instructed on Marriott sale in Peru
Estudio Echecopar, the Peruvian member firm of Baker McKenzie International, advised Intursa on the acquisition of Inversiones La Rioja, owners of the Marriott hotels in Peru.

PPU and Carey guide sale of Walmart Chile financial arm
Philippi Prietocarrizosa Ferrero DU & Uría advised Walmart Chile on the sale of its financial services and credit card business to BCI. The buyers instructed Carey.

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Iberian Lawyer TV

More training needed to understand global trends in taxation
Ruby Asturias, a partner at Pacheco Coto, speaking at a recent event in Guatemala, noted that more education is needed for authorities to understand global trends in taxation and professionals need to work in bringing substance in the negotiations and agreements and in the legal advise they give clients.

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Myths and milestones of foreign investment in Latin America: Successfully investing in a challenging yet rewarding environment

30 January, 2018, Madrid

Deciding the best way of solving conflicts in major projects becomes difficult because of potential political impact or economic and reputational risks. Join leading in-house counsel, private practitioners and experts in dispute resolution in Madrid to debate challenges in investing in Latin America Read more

2018 Biennial IBA Latin American Regional Forum Conference

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Are we ready? Disruptive innovation in Latin America: the role of lawyers. A conference presented by the IBA Latin American Regional Forum Read more