News

Venezuela arbitration award confirmed as court sides with Guaidó

23 May 2019

A US court has enforced an International Centre for Settlement of Investment Disputes (ICSID) award worth over US$400 million against Venezuela after finding it was bound to recognise lawyers acting for Juan Guaidó as the country’s legitimate representatives.

Azevedo Sette makes three partners after major hire

Azevedo Sette makes three partners after major hire

22 May 2019

In the same month that it announced the arrival of prominent compliance partner Isabel Franco, Azevedo Sette Advogados has promoted three of its lawyers to partner, boosting its labour, litigation and private wealth departments.

Notebook scandal gives Argentina “unprecedented opportunity” to tackle corruption, official says

Notebook scandal gives Argentina “unprecedented opportunity” to tackle corruption, official says

22 May 2019

The president of Argentina’s financial information unit has said that a high-profile case that hit the headlines last year presents an opportunity for significant anti-corruption reforms in the country. By Latin Lawyer's sister publication Global Investigations Review's Waithera Junghae in Buenos Aires

Warburg Pincus acquires stake in Brazilian telecoms

22 May 2019

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has helped US private equity company Warburg Pincus acquire an indirect stake in São Paulo telecoms company Americanet.

García & Bodán opens in Costa Rica

21 May 2019

Central American law firm García & Bodán has opened an office in Costa Rica’s capital San José, giving it a presence in every Central American country.

Survey highlights scant change to women partner numbers

Survey highlights scant change to women partner numbers

21 May 2019

The average percentage of partner positions at Latin Lawyer 250 firms held by women is now 23%, barely more than the number we reported when we began tracking partner diversity back in 2013.

Two firms behind Heineken’s Ecuador entry

Two firms behind Heineken’s Ecuador entry

21 May 2019

Noboa, Peña & Torres Abogados has helped Dutch beer giant Heineken buy a majority stake in local counterpart Biela y Bebidas, marking its entry to the Ecuadorean market.

Bradesco acquires BAC Florida in landmark international acquisition

21 May 2019

Shearman & Sterling LLP’s offices in New York, São Paulo and Menlo Park have helped Brazilian bank Bradesco acquire US private wealth bank BAC Florida for US$500 million in what is reportedly Bradesco’s first international purchase.

Telefónica Brasil settles FCPA charges after “compliance breakdown”

21 May 2019

Telefónica Brasil has agreed to pay a US$4.1 million penalty to settle charges brought by the US Securities and Exchange Commission (SEC) that the company gave soccer tickets to government officials. The officials it gave gifts to had the power to help steer business to Telefónica, the SEC said.

M&A report Brazil: January-February 2019

20 May 2019

Eighteen international law firms and 39 Brazilian outfits have helped steer 56 M&A deals that were announced, signed or closed in January and February, according to Latin Lawyer’s latest research.