News

Barrios, Fuentes acts on behalf of OPIC on airport loan guarantee

03 August 2001

Peruvian firm Barrios, Fuentes, Urquiaga Abogados has been appointed local counsel for OPIC in a US$106-million loan to Lima Airport Partners for the expansion and modernisation of Jorge Chavez International Airport in Lima.

Tozzini, Freire advises in private placement of fixed rate notes

03 August 2001

Tozzini, Freire, Teixeira e Silva Advogados has advised Celestica do Brasil Ltd, as issuer, in the private placement of US$15 million of fixed rate notes.

Microsoft recruits Allende & Brea to manage project

03 August 2001

Microsoft Corporation has appointed Buenos Aires firm Allende & Brea as regional legal manager of its ‘bCentral’ project in Latin America and the Caribbean. Allende & Brea will be responsible for the project’s tax and corporate structures, preparation of licence, distribution and other operating agreements; protection and management of certain trademarks, domain names and intellectual property; and the legal review of strategic alliances.

Brazilian firm appoints CADE economist

03 August 2001

Vieira Rezende Barbosa e Guerreiro Advogados has appointed Lucía Helena Salgado e Silva as economic consultant on antitrust and regulatory matters.

Argentine firm Alfaro-Navarro Abogados splits

03 August 2001

The Buenos Aires law firm Alfaro-Navarro, which had been widely seen as a

Labour legislation revised

03 August 2001

Article 195 of the Labour Law limiting nightly working hours was ruled unconstitutional by the Constitutional Chamber of Venezuela's Supreme Court of Justice, presided by Magistrate Antonio J García García.

Argentina ratifies Kyoto agreement

03 August 2001

On July 13, 2001, Argentina passed Law No. 25,438, under which the Kyoto Protocol of the United Nations Framework Convention on Climate Change is approved.

Peru picks Wilmer, Cutler & Pickering Partner Roberto Dañino for Prime Minister

27 July 2001

Roberto Dañino, head of Wilmer, Cutler & Pickering’s Latin American Practice Group has been appointed Prime Minister of the Republic of Peru. Dañino, who resigned from the firm effective July 27, was nominated to the position by Peru’s incoming President Alejandro Toledo.

Colombian and US law firms advise in telecommunications refinancing deal

27 July 2001

BellSouth Colombia SA has closed a deal involving the execution of a waiver and amendment to a US$750-million financing concluded in December last year.

Bruchou advises ABN AMRO in the sale of retail banking business

27 July 2001

Bruchou, Fernández Madero, Lombardi & Mitrani has acted as legal counsel to ABN AMRO Bank NV in the sale of its retail banking business in Argentina to Banco de Galicia y Buenos Aires. The deal will see Banco de Galicia taking over all ABN AMRO branches in Argentina.