Chile’s La Polar finally released from bankruptcy protection

Chile’s La Polar finally released from bankruptcy protection

23 June 2017

Nelson Contador & Cía and Larrain y Asociados Abogados have helped retail chain La Polar become the largest publicly traded company in Chile to be freed from bankruptcy protection, nearly six years after revelations of accounting fraud devastated the company’s finances.

Guerrero Olivos continues CGE re-jig

23 June 2017

Chilean utilities company Compañía General de Electricidad (CGE) has hired regular counsel Guerrero Olivos to merge two of its subsidiaries, in the latest step of a corporate reorganisation designed to simplify the company’s structure following its purchase by Spain’s Gas Natural Fenosa almost three years ago.

Leading by example

Leading by example

22 June 2017

Lulu Rumsey talks to Nicole Nehme, co-founder of Chilean firm FerradaNehme and winner of Latin Lawyer’s Specialist Law Firm Leader of the Year Award, about building a successful firm from scratch and why it is important for law firms to institutionalise

Peru’s GyM divests in bulk after Odebrecht pipeline deal collapse

Peru’s GyM divests in bulk after Odebrecht pipeline deal collapse

20 June 2017

At least 10 firms have landed a role in asset sales and debt restructurings made by Peruvian commercial conglomerate Graña y Montero, after the Peruvian government cancelled a lucrative pipeline contract following its developers’ failure to obtain sufficient funding.

Southern Cross targets Chilean utilities with acquisition

19 June 2017

Chilean firm Arteaga Gorziglia & Cía Abogados has helped Latin American private equity fund Southern Cross Group purchase two waste management companies.

Clifford Chance and Claro help Actis launch LatAm solar platform

16 June 2017

The New York, Washington, DC, Barcelona and Madrid offices of Clifford Chance LLP and Chile’s Claro & Cía have helped private equity company Actis launch a Latin American solar generation platform following its purchase of solar assets from US renewables company SunEdison.

Urenda Rencoret and Baraona Fisher ink hotel project finance

15 June 2017

Urenda, Rencoret, Orrego y Dörr Abogados has helped hotel developer Punta Piqueros agree US$37 million in project finance for the construction of a luxury hotel in Concón, a coastal city in Valparaíso province, Chile.

Competition courts helped open Mexican economy, says judge

14 June 2017

Specialised courts with a better understanding of competition law have helped to bring competition to industries historically dominated by a few companies, head delegates at the American Bar Association’s antitrust in the Americas conference, which was held last week in Mexico City.

Pacific Hydro gets US$500 million syndicated financing

13 June 2017

Australian firm Allens and Chile's Bofill Mir & Alvarez Jana Abogados have helped renewables company Pacific Hydro obtain financing of US$500 million from a syndicate of international banks.

Social security fund hires Barros & Errázuriz for debt restructure

12 June 2017

Barros & Errázuriz Abogados has helped Chilean social security fund Caja 18 restructure debts amounting to US$129 million.