Aviation

Brazil delays removal of foreign ownership caps

Brazil’s president has abandoned plans to issue an executive order allowing more foreign ownership in the aviation sector, potentially pushing back the proposed changes by two years. President Michel Temer was due to sign an executive order on 11 April removing the existing 20% cap on foreign-owned domestic airline shares, which would have allowed international investors to take full ownership of the country’s domestic carriers.

Avianca strikes back in shareholder dispute

Avianca has filed a counter lawsuit against its second-largest shareholder to thwart a potential injunction blocking its plans to form an alliance with United Airlines, marking the latest development in a rapidly escalating legal dispute among the carrier’s shareholders.


Insight

Reference

Sy83a16n1gvzfafpg07v

Construction 2016

Brazil

Massami Uyeda Junior and Rodrigo de Mello Motta

Arap, Nishi & Uyeda Advogados (São Paulo)

Peru

Claudia Lucena, Isabel Lira Miro Quesada, Daniel Corzo Simons and Luis Paz Maury

Miranda & Amado Abogados

Guides

Ogmha8wxmyjxj2opobts

The Guide to Infrastructure and Energy Investment

Foreword

Anthony S Harrington

Albright Stonebridge Group

Introduction

Claudette M Christian and Joshua B Press

Hogan Lovells LLP