News

Three firms star in Colombia oil block acquisitions

Three firms star in Colombia oil block acquisitions

21 March 2019

Dentons Cardenas & Cardenas in Bogotá has helped Canadian oil company Gran Tierra Energy acquire stakes in three oil blocks in southern and eastern Colombia for US$104 million from counterpart Vetra.

Enel brings arbitration claim against Panama

21 March 2019

A subsidiary of Italian renewable energy company Enel has lodged an International Centre for Settlement of Investment Disputes (ICSID) claim against Panama over the state’s failure to compensate it for commercial damage caused by a delay in the construction of an electricity transmission line.

LATAM Airlines completes massive debt tap

21 March 2019

Clifford Chance in New York and Chilean firm Claro & Cía have helped LATAM Airlines issue US$600 million in bonds.

Payet Rey lands Bullard Falla arbitration partner

Payet Rey lands Bullard Falla arbitration partner

20 March 2019

Payet, Rey, Cauvi, Pérez Abogados in Peru has hired a partner to lead its arbitration practice.

Linklaters promotes in São Paulo

Linklaters promotes in São Paulo

20 March 2019

International firm Linklaters has promoted an associate to partner, bolstering its corporate practice in São Paulo.

Brazil’s largest chemist snaps up US competitor

Brazil’s largest chemist snaps up US competitor

20 March 2019

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo has helped Brazil’s largest pharmaceutical retailer Raia Drogasil acquire its counterpart Drogaria Onofre from the US’ CVS Health.

Zurich and Havan sign insurance deal in Brazil

20 March 2019

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has helped the Brazilian branch of insurance company Zurich sign a 200 million reais (US$53 million) deal with Brazilian retail company Havan.

Guaidó seeks to intervene in appeal over Citgo

20 March 2019

Venezuela’s self-declared acting president Juan Guaidó has asked a US court for leave to intervene in an appeal concerning the fate of the country’s most valuable US asset, oil refining business Citgo Petroleum.

Hydro company purchases electricity distributor in Colombia

20 March 2019

Philippi Prietocarrizosa Ferrero DU & Uría in Bogota has helped a hydroelectric subsidiary of Colombian energy company Celsia acquire local electricity provider Enertolima for US$534 million.

TermoCandelaria cross-border issuance attracts global investors

20 March 2019

White & Case LLP in São Paulo, Miami and Mexico City, Colombia’s Gómez-Pinzón and Cayman firm Maples Group have helped energy distributor TermoCandelaria Power issue debt worth US$410 million