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Dramatic double arrest marks turning point for Lava Jato

Friday, 27 November

The Petrobras probe is on course to envelop Brazil’s financial sector and the higher echelons of government following the surprise double arrest of a prominent ruling party senator and a respected banking CEO, say local lawyers.

Shearman and Milbank close US$1.1 billion US-Mexican pipelines financing

Friday, 27 November

Shearman & Sterling LLP’s New York and Washington, DC offices have helped a US-Mexican consortium building two natural gas pipelines from west Texas to the Mexican border obtain US$1.1 billion in funding from a syndicate of international banks.

Argentina codifies UN principles on sovereign debt into law

Friday, 27 November

Argentina has become the first country to pass a law adopting the UN’s recently approved Basic Principles on Sovereign Debt Restructuring Processes.

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