News

Lawyers join multidisciplinary firm in Chile

01 June 2006

A group of young professionals in Chile has decided to create a multidisciplinary partnership. The new entity is Ossa Guzmán Jiménez & Cia.

Fake goods blocked on route to Colombia

01 June 2006

A legal team from the Netherlands Antilles has stopped 17,000 pairs of counterfeit Adidas shoes intended for sale in Colombia. The shoes originated in China.

Colombia opens up

01 June 2006

Colombia is signing trade agreements worldwide. The most important one, with the US, has stumbled, but is nevertheless being welcomed by the Colombian bar.

Peruvian mine offers bonds

01 June 2006

Peru's fourth biggest copper miner, Cerro Verde, has sold bonds worth US$90 million in the local market as part of a US$250 million offer.

Grupo Security funds acquisition

01 June 2006

Grupo Security, a Chilean financial group, has placed two bond series and 154 million shares, in deals with a combined value of US$103 million.

Antitrust commissioner quits in Argentina

01 June 2006

One of Argentina's top antitrust officials has resigned. Horacio Salerno is leaving half way through a four-year term as a competition commissioner. His resignation was accepted by Argentina's economy minister, Felisa Miceli, on 18 May.

Brazilian sugar proves enticing again

01 June 2006

Sugar producers Colgua Investments and Unialco Álcool e Açúcar have merged their operations in an equal joint venture to take over rival Vale do Paraná. The deal closed on 3 April.

Developer signs Costa Rican deal

01 June 2006

MSJ Partners, a Californian real estate development group, has agreed with Costa Rican investors to develop luxury condominiums at the Papagayo Resort in Guanacaste, Costa Rica.

Varig creditors agree rescue package

25 May 2006

The creditors of bankrupt Brazilian airline Viação Aérea Rio-Grandense (Varig) have agreed a restructuring plan, ending months of doubt over the airline's future.

CVRD absorbs iron ore subsidiary

25 May 2006

Brazil's Companhia Vale do Rio Doce (CVRD) has completed a stock merger with iron ore company Caemi, increasing its share capital by B$5.4 billion (US$2.2 billion).