News

Public offering of Telecom Argentina shares completed May 3, 2000

03 May 2000

May 3, 2000 saw the completion of a secondary offering of approximately 50 million shares of Telecom Argentina Stet France Télécom SA, aggregating approximately US$270 million, the largest Argentine equity transaction of the year in the capital markets.

New banking and finance partner for Rodrigo, Elías & Medrano Abogados SCRL

02 May 2000

Gino Sangalli, general counsel for Banco Wiese Sudameris for eight years, joined the Banking and Finance Law Group at Rodrigo, Elías & Medrano Abogados as of May 2, 2000. Prior to working with Banco Wiese Sudameris he acted as general counsel for Banco Exterior de los Andes y de España - Extebandes (today Banco Standard Chartered) as well as secretary general and board secretary for Banco de la Nación.

Top partners leave Colombia Baker & Mckenzie to set up new firm

02 May 2000

The new firm, Zuleta, Garrido, Araque & Jaramillo was formed on May 2, 2000 with particular expertise in the areas of arbitration and dispute resolution.

Former Panama Canal Deputy Administrator joins Akin, Gump

01 May 2000

Joseph W Cornelison, the outgoing Deputy Administrator of the Panama Canal Commission, returns to the US in May to join Washington, DC firm Akin, Gump, Strauss, Hauer & Feld, LLP.

Terra Networks agrees to acquire Lycos Inc - May

01 May 2000

One of the world's largest Internet companies will be created by a US$12.5 billion deal that is expected to close during the third quarter of this year, subject to the receipt of domestic and foreign regulatory approval.

Ferrere Lamaison announces new litigation partner

01 May 2000

As of May 1, 2000 Dr Jorge Marabotto has joined the firm as co-director of the litigation department.

Two out of five for Competition Regulator

01 May 2000

'Rating the Regulators' survey conducted by Global Competition Review finds pattern of dissatisfaction with the Comisión Nacional de Defensa de la Competencia across the six key areas surveyed.

New partner at Lewin & Wills

30 April 2000

Bogotá's Lewin & Wills has announced the arrival of a new partner to head the firm's emerging commercial and corporate law department.

Competition Comission approves supermarket acquisition

28 April 2000

On April 28 2000 the Comisión Nacional de Defensa de la Competencia approved, with a very minor condition, the acquisition of control by Logidis SAS (Promodes) of Supermercados Norte SA.

Reciprocity of taxation treatment with USA

26 April 2000

Act 028 of April 26, 2000 of the Internal Revenue Department states US federal legislation permits the deduction of tax, verifiably paid in Brazil, on revenue and income earned and taxed in Brazil.