Canadian mining company Gold Reserve has received US$40 million from Venezuela in partial satisfaction of an International Centre for Settlement of Investment Disputes (ICSID) award, after agreeing new settlement terms that will see the investor receive more than US$1 billion in the next two years.
As it prepares for a change of president, the Ecuadorean government has said it will cancel all 12 of its remaining bilateral investment treaties (BITs) – ostensibly as part of a plan to renegotiate the agreements on more favourable terms.
While 2016 marked the rise of populism in the US and Europe, in Latin America business-friendly administrations took the reins of several of the region’s countries. With this in mind, law firms stocked up departments in preparation for an expected uptick in transactional work. Latin Lawyer takes a look at the most significant of these developments.
Clearing houses across the region are putting high-impact projects at the top of their agenda because they can bring about systemic change. Rosie Cresswell asks how law firms can maximise the results of their pro bono projects
Efforts by countries to facilitate the global exchange of tax information are draining multinational companies’ in-house resources as the cost of non-compliance rises, heard delegates at Latin Lawyer’s inaugural Tax Summit, held last week in Miami.
These firms have professional notices in the Latin Lawyer 250