News

Latin America becoming more attractive as arbitration seat

Latin America becoming more attractive as arbitration seat

28 April 2017

Local arbitration centres are developing stronger institutional rules and are increasingly viewed as an attractive destination for an arbitration seat, contributing to a Latinisation of arbitration, heard delegates at the debut Latin Lawyer - GAR Live Arbitration Summit held in Miami on Thursday.

Pacific Hydro takes control of Chacayes plant

28 April 2017

Bofill Mir & Álvarez Jana Abogados has helped renewables company Pacific Hydro purchase a hydroelectric plant in the centre of Chile for US$43 million.

Milbank, Claro and PPU behind Chile gas tie-up

25 April 2017

Milbank, Tweed, Hadley & McCloy LLP in New York and Claro & Cía in Santiago have helped the infrastructure arm of Canadian pension fund Ontario Municipal Employees Retirement System (OMERS), Borealis Infrastructure, acquire a minority stake in local LNG regasification company GNL Quintero for US$341 million.

Sacyr sells stake in Chilean highway concession

24 April 2017

Claro & Cía has helped Chilean asset manager Toesca Infraestructura Fondo de Inversión purchase a 49% stake in a highway operator controlled by Spanish construction group Sacyr.

Guerrero Olivos absorbs boutique and teases transfer pricing company launch

Guerrero Olivos absorbs boutique and teases transfer pricing company launch

21 April 2017

Chile’s Guerrero Olivos has absorbed labour boutique Estudio García de la Pastora and revealed plans to launch a transfer pricing spin off as new tax and labour reforms come into force.

Creditors seek liquidation over US receivership in Chilean suspected fraud case

18 April 2017

Creditors of a Miami-based affiliate of Chilean investment management firm Onix Capital have applied to a Florida district court for permission to file an involuntary liquidation petition against the US company, just days after the court appointed a receiver over its assets.

Chilean-Chinese JV bears fruit

18 April 2017

Claro & Cía has helped Chilean berry grower Hortifrut enter a joint venture with China’s leading fruit distributor Joy Wing Mau (JWM).

Past haunts Chile in latest Pey Casado challenge?

13 April 2017

In the latest challenge in the Pey Casado case at ICSID, the 102 year-old newspaper publisher argues that because one of Chile’s past appointees as arbitrator breached the confidentiality of the tribunal in a fundamental way, the state should have lost the right to appoint in the latest phase of the two decade-long dispute. 

Vance Center Lawyers Council launches anti-corruption module

Vance Center Lawyers Council launches anti-corruption module

04 April 2017

A civil and economic rights group established by The Cyrus R. Vance Center for International Justice has launched an anti-corruption initiative that will organise private practice lawyers across the Americas to support government efforts to crack down on corruption.

Latin American competition enforcers announce new strategic alliance

Latin American competition enforcers announce new strategic alliance

04 April 2017

The chief prosecutor at Mexico’s Federal Economic Competition Commission (COFECE) announced a new strategic alliance among the antitrust enforcers in his country, Argentina, Brazil and Chile at the American Bar Association Antitrust Law Spring meeting last Thursday.