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Partners quit Motta Fernandes Rocha amid restructuring

Friday, 23 September 2016 by Lulu Rumsey

Following a number of high-profile partner departures, including one of its founders, Brazilian firm Motta, Fernandes Rocha - Advogados’ ongoing internal restructuring will enable the firm to become truly full-service and more institutionalised, says partner Horacio Bernardes Neto.

Brazilian privatisations could face financing difficulties

Eduardo Soares, Massami Uyeda Junior and João Mendes de Oliveira Castro

Friday, 23 September 2016 by Thomas Muskett-Ford

Lawyers are split over whether the Temer administration’s recently announced privatisation scheme can obtain adequate financing as the country’s massive budget deficit leads to cutbacks in public spending.

Lobo & de Rizzo hires from Tauil & Chequer

Friday, 23 September 2016 by Lulu Rumsey

Brazilian firm Lobo & de Rizzo Advogados has hired banking and capital markets partner Milton Pinatti from Tauil & Chequer Advogados in association with Mayer Brown.

Brookfield completes acquisition of Isagen

Friday, 23 September 2016 by Thomas Muskett-Ford

Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) has helped Canadian private equity group Brookfield Asset Management complete its 11.2 billion pesos (US$3.7 billion) acquisition of Colombian power company Isagen.

Mercosur looks to EU amid Venezuelan controversy

Eduardo Gaban, Tomas Gurmendez, Carlos Vasconsellos and Eduardo Mallea

Thursday, 22 September 2016 by Lulu Rumsey

A dispute over Venezuela’s presidency of Mercosur has underscored deep divisions between members of the trade bloc, threatening to overshadow negotiations with the European Union (EU) and exacerbating existing flaws in the structure of the inward-looking group, which lawyers complain has prevented individual countries from benefiting from bilateral trade arrangements for too long.

Mexico fines airport for blocking taxi competition

Thursday, 22 September 2016 by Lulu Rumsey

Mexico’s competition authority has fined Mexico City’s international airport more than 63 million pesos (US$3.2 million) for allegedly using discriminatory contracts with taxi companies to shut out new market entrants.

KLA and Peixoto & Cury ink Japanese advertiser’s expansion

Thursday, 22 September 2016 by Lulu Rumsey

Japanese media company Dentsu Aegis Network has hired KLA-Koury Lopes Advogados to expand its operations in Brazil.

McDonalds acquires Ovomaltine brand

Thursday, 22 September 2016 by Thomas Muskett-Ford

Pereira Neto | Macedo Advogados has helped McDonalds’ Brazilian master franchisee Arcos Dourados acquire exclusive right to use milkshake flavouring brand Ovomaltine, after fast food chain Bob's chose not to renew its exclusivity rights to the product last year.

Galicia behind Grupo Bimbo debt tap

Thursday, 22 September 2016 by Thomas Muskett-Ford

Galicia Abogados has acted as deal counsel for Mexican baked goods company Grupo Bimbo’s 8 billion pesos (US$421 million) notes issuance.

IFC hires Carey for Consorcio credit line

Thursday, 22 September 2016 by Lulu Rumsey

Carey has helped the International Finance Corporation obtain a US$30 million loan from Chilean financial institution Banco Consorcio.

Shearman’s LatAm practice hires from Credit Suisse

Wednesday, 21 September 2016 by Thomas Muskett-Ford

Shearman & Sterling LLP has hired an in-house lawyer from Credit Suisse as counsel for its Latin American capital markets team, as the firm expands its presence in the region in spite of the economic slowdown.

Mexico inching closer to first criminal cartel case

Wednesday, 21 September 2016 by Ron Knox

Mexico is getting closer to delivering its first criminal cartel case to the country’s prosecutors after a stark increase in local whistleblowers delivered a glut of cases to the door of the country’s competition authority.

Souza Cescon and Machado Meyer in 2.8 billion reais motorway finance

Wednesday, 21 September 2016 by Thomas Muskett-Ford

Souza, Cescon, Barrieu & Flesch Advogados has helped a subsidiary of Brazilian infrastructure company CCR obtain a three-tranche credit line worth 2.8 billion reais (US$847 million) to fund an 845-kilometre motorway project in the western state of Mato Grosso do Sul.

Consortium to build nine billion peso desalination plant in Baja California

Wednesday, 21 September 2016 by Thomas Muskett-Ford

Santamarina y Steta and Nader, Hayaux & Goebel are advising members of a consortium behind the construction of the Americas’ largest desalination plant, in the northwestern Mexican state of Baja California.

Cargill hires Marval for Argentine wheat sale

Wednesday, 21 September 2016 by Lulu Rumsey

Marval, O'Farrell & Mairal has helped the Argentine subsidiary of US agribusiness Cargill sell its wheat flour division to Argentine food producer Molino Cañuelas.

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