News

Brazil's competition watchdog denies JBS director allegations in corruption scandal

Brazil's competition watchdog denies JBS director allegations in corruption scandal

23 May 2017

Brazil’s competition enforcer has denied allegations that it handed a company a favourable decision while investigating Petrobras' anticompetitive practices, and reiterated that its decision-making processes have never been influenced by third parties.

France dives into Brazilian submarine investigation

France dives into Brazilian submarine investigation

23 May 2017

France’s financial prosecutors are working with Brazilian authorities to investigate a €6.7 billion (US$7.5 billion) contract signed in 2008 by French naval defence company DCNS and the Brazilian government.  

Newmont gets slice of Buriticá gold mine

23 May 2017

Dentons Cardenas & Cardenas has helped US gold producer Newmont Mining Corporation purchase a 20% stake in a gold mining project owned by Canada’s Continental Gold for 325 million pesos (US$110 million).

Machado Meyer and Trench Rossi close wind farm deal

23 May 2017

Machado Meyer Advogados has helped a subsidiary of UK private equity investor Actis acquire two wind farms from Brazil’s largest wind power developer Casa dos Ventos.

Éxito gets multi-currency financing

23 May 2017

Colombian firm Gómez-Pinzón Zuleta Abogados has helped South America’s largest retailer Almacenes Éxito obtain US$83 million in financing.

Silgan snaps up WestRock assets for US$1 billion

23 May 2017

Baker McKenzie (Mexico) and Brazil’s Madrona Advogados are the Latin American firms advising US manufacturer Silgan on its estimated US$1 billion acquisition of real estate investor WestRock’s dispensing systems business.

Batista mining arm administrator files Chapter 15 case amid fraud allegations

Batista mining arm administrator files Chapter 15 case amid fraud allegations

22 May 2017

The Brazilian administrator of a bankrupt EBX Group mining company has filed a Chapter 15 petition in Florida, telling the court he needs to “investigate the business, affairs, and worldwide dealings” of the miner’s owners who, he alleges, may have defrauded creditors.

CADE raided

CADE raided

22 May 2017

Brazilian prosecutors raided the country’s antitrust enforcer last Thursday as part of a corruption probe.

Murray hires new tax practice head

Murray hires new tax practice head

22 May 2017

Brazil’s Murray Advogados has added to its partnership with the hire of an experienced in-house tax practitioner.

Grupo Monge closes cross-border syndicated financing

22 May 2017

Simpson Thacher & Bartlett LLP in New York, Vector Legal in Costa Rica, Guatemalan firm Bufete López Cordero, García & Bodán (Honduras), Lexincorp in San Salvador and Peruvian firm García Sayán Abogados have helped retailer Grupo Monge obtain a syndicated multijurisdictional loan worth US$120 million.