The Brazilian Congress recently enacted a new statute governing public-private partnerships. José Emilio Nunes Pinto of José Emilio Nunes Pinto Advogados looks at the history of the local framework and examines the strengths and weaknesses of the new law.
Mexico's restructuring law has gained recognition by US courts in a recent case involving paper company Durango. Pedro A Jiménez and John L Murphy, of White & Case LLP in Miami, explain how the legal teams managed the navigate the complexity of cross-border debt negotiations.
The imminent creation of the Carbon Market raises several interesting opportunities for developing countries and investors alike. In order to reap the benefits, governments need to ensure that the local legal frameworks are viable. Vladimir Miranda Abreu, of Tozzini, Freire, Teixeira e Silva Advogados (LL250), argues that Brazil is well-placed to succeed in this area, but only if the government is willing to be pro-active.
Delphi Corporation is the world's largest maker of auto parts, and has operations in Brazil, Mexico and Argentina. We spoke to the company's regional general counsel to find out what he makes of the region's legal market.
Brazil’s bankruptcy framework has been the subject of much criticism for years. Outdated, clumsy and unfavourable to both creditors and debtors, seemingly only the tax collector was happy with it. But a new law has introduced profound changes and, hopefully, rectified many of the framework’s past problems, as Luis Fernando Paiva, of Pinheiro Neto Advogados, explains.
“Experience, reputation, quality and cost” - these are the things that Sempra Energy International counsel Santiago Albarracin looks for in a firm. We spoke to him about his experiences of the region's legal market.
Gastón Bilder, of Empresa Petrolera Chaco SA, examines the issues surrounding Bolivia's controversial ban on natural gas exports.
Beauty may be in the eye of the beholder, but good legal work should be more than skin deep. L’Oréal's associate general counsel Patrick Sabatier certainly thinks so.
In the midst of yet another round of sovereign debt restructurings, some commentaters have proposed that the world needs a more organised system. Sergio Galvis of Sullivan & Cromwell LLP in New York looks at the conflicting proposals and argues that one in particular would be highly detrimental to the health of the system.