Uruguay’s Guyer & Regules has helped Farm & Forestry Management Services (FMS) and investment manager Winterbotham Fiduciaria set up a trust to raise US$52 million for investment in agrarian land, in expectation of global demand picking up for crops and livestock produced in Latin America.
Leading arbitrators Yves Derains and Luiz Olavo Baptista sat down for a chat at a conference hosted by Latin Lawyer's sister publication Global Arbitration Review in São Paulo, sharing their views on disclosure, cross-examination and how to deal with "terrorist" arbitrators who try to disrupt a case.
Brazil's judiciary is increasingly at ease with international arbitration but is still likely to adopt a "conservative" approach on some enforcement issues, delegates at a conference hosted by Latin Lawyer's sister publication Global Arbitration Review heard in São Paulo on Friday.
Fifteen years ago a Brazilian company looking to raise capital from an IPO went to New York, but things are different today as José Eduardo Carneiro Queiroz of Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados notes: “we have a very well established equity capital market that is liquid and adopts very good standards, especially for those listing in the Novo Mercado sector.”
Panic in the Eurozone was temporarily calmed once again after Cyprus's recent deal to restructure its collapsing financial system, but the situation is a painful reminder of how bank insolvency is at the core of the crises being experienced around world.
As David Fenwick of Proskauer Rose LLP notes, throughout the world there is unprecedented demand for new capital formation for infrastructure projects, which are now recognised as key economic drivers. Indeed, the World Bank estimates that 20 per cent of the global company is directly project related, with the figure reaching 35 per cent in emerging economies.
Don’t panic. It’s easier said than done, but for Fernando Merino, general counsel of CSN, the most important thing to remember if a crisis erupts in a company is to stay calm. Panicking will be your instant reaction, guarantees Merino, but a GC will quickly start to receive plenty of panicky calls from people across the company, including the CEO, so a clear head is essential.
Latin Lawyer’s 2nd Annual Corporate Finance Conference took place in São Paulo yesterday at the Hotel Unique.
Representatives of Spanish oil company Repsol have called for EU member states to adopt tougher measures to force states such as Argentina to comply with arbitral awards.
Internationally renowned Peruvian chef Gastón Acurio says he plans to use recent private equity investment in his chain of award-winning restaurants as a “weapon” to help take Peru’s cuisine worldwide, while also revealing that he could expand his franchise into top-end bespoke hotels or speciality Peruvian foods.