Under threat

Observers say 2018 could be a transformative year for Latin America. The rise of outside candidates in presidential and legislative elections may create a new, riskier environment for investors, meaning they may no longer rely on the International Centre for Settlement of Investment Disputes (ICSID) to resolve claims. By Ricardo H Puente and Andrew J Turnier.

Under threat Ricardo H Puente and Andrew J Turnier

In November last year, S&P Global Ratings declared Venezuela in default after the country failed to make a US$200 million coupon payment on its sovereign bonds. Many saw this coming. Since 2014 the country has been mired in a recession that significantly worsened in 2017. With no sign of legitimate economic or policy change in the country, Venezuela will likely continue to default on its bonds in 2018, stoking disputes between the country and its investors.

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These firms have professional notices in the Latin Lawyer 250

Events

Events

Latin Lawyer Live 10th Annual Private Equity

Events

Latin Lawyer Live 6th Annual Labour & Employment

Insight

Reference

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Construction

Chile

Alfonso Reymond Larraín and Rodrigo Riquelme Yanez

Reymond & Cía

Brazil

Fernando Marcondes, Ricardo Medina Salla, Marlon Shigueru Ushiro Ieiri, Adriana Regina Sarra de Deus and Juliana Yumi Shiina Morato

LO Baptista

All Reference

Guides

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The Guide to Infrastructure and Energy Investment

How to Build Up a Region: Development Banks and Multilateral Financing

Thomas Hechl and Vanessa Pinto Villa

Hogan Lovells LLP

The Role of Project Finance in Developing a Region: Trends and Considerations

Andrés Arnaldos Montaner , Daniel D Bartfeld , Jaime E Ramirez and Roland Estevez

Milbank, Tweed, Hadley & McCloy LLP
All Guides