News

Demarest e Almeida assists in highway project finance deal

12 July 2001

Demarest e Almeida Advogados has advised Mediocredito Centrale SpA, part of the Banca di Roma Group, in connection with a project finance loan facility of US$25 million.

Small Enterprise Growth Fund retains Negri Teijeiro & Incera

12 July 2001

Negri Teijeiro & Incera has advised the Argentine Small Enterprise Growth Fund on its investment in Productos Mainumbí SA.

Morales, Noguera advises Biwater in private bidding

12 July 2001

Santiago firm Morales, Noguera, Valdivieso & Besa has advised Biwater SA, an affiliate of British corporation Biwater and Dutch company Nuon, in the private bidding for 100 per cent of Empresa de Servicios Sanitarios SA. The latter holds the sanitation concession north of Santiago with its affiliate Ecogener SA (both affiliates, in turn, of AES Gener, a multinational electric power corporation).

New co-head of Latin America practice at Allen & Overy

12 July 2001

Marun Jazbik has been appointed as co-head partner of Allen & Overy’s Latin America department at the firm’s New York office.

White & Case in tax practice hiring coup

12 July 2001

White & Case SC is expanding its tax practice with the appointment of two new specialists to its Mexico City office. New partner and tax department head Manuel E Tron is joined by Alfredo Gutiérrez Ortiz-Mena as senior associate.

Changes in Hughes Hubbard's Latin American practice

12 July 2001

Hughes Hubbard & Reed LLP has promoted Amy Dulin and Bonnie Teller to corporate counsel in the Latin America Practice Group, based in the Miami Office. Timothy McCarthy, head of the Miami Office and Chair of the Latin America Practice Group and Beatty Barfield Page, Chair of the Financial Services Practice, announced the promotions.

Baker & McKenzie associate firm partners leave to set up practice

12 July 2001

Antonio Farroco Jr and Dilson Lobo, partners of the Rio de Janeiro office of Brazilian firm Trench Rossi e Watanabe (associated with Baker & McKenzie), have quit after 13 years to start their own practice, Farroco & Lobo Advogados.

Trademark lawyer joins Baker & McKenzie's Bogota office

12 July 2001

The trademark practice of Raisbeck, Lara, Rodriguez & Rueda (Baker & McKenzie, Bogota) has recruited Colombian trademark specialist Ricardo Metke, who joins the firm as a partner.

Argentina introduces new rules for importation of capital goods

12 July 2001

The newly created regulations on the convergence regime for foreign trade operations were introduced by the Resolution No.258/2001 issued by the Ministry of Finance (Resolution 258) and published in the Official Gazette on July 2, 2001.

New rules from the Central Bank of Brazil on investment in foreign companies

12 July 2001

Circular 3037, issued by the Central Bank of Brazil on May 31, 2001 introduces new rules applicable to the investment abroad of non-financial Brazilian companies through "international contribution of stock and other assets".