News

Ruffinelli & Asociados founder member appointed foreign minister

06 April 2001

José Antonio Moreno Ruffinelli, the founder of Moreno Ruffinelli & Asociados, has temporarily vacated his office at the firm to take up the post of Paraguay’s Minister of Foreign Affairs.

Claro y Cía advises Bermudian company on local bond issue

06 April 2001

Claro y Cia has advised the Bermuda-based insurance company XL Insurance Ltd in an issue of local denominated bonds worth US$215 million through a Chilean subsidiary.

New partner for Linklaters

06 April 2001

Linklaters announces the appointment of Conrado Tenaglia as a partner in its global capital markets practice in New York.

Ecuadorian Congress balks at fiscal reform

06 April 2001

International Monetary Fund efforts to persuade Ecuador’s Congress to approve tax reform have failed.

Chile seminar hosted by Cariola Díez Pérez-Cotapos & Cía

06 April 2001

Cariola Díez Pérez-Cotapos & Cía recently hosted a seminar on ‘Business Opportunities in Latin America’ with Interlaw, the law firm network that brings together 59 law firms worldwide, with the participation of experts in the region.

Brigard & Urrutia called into Colombian telecoms dispute

06 April 2001

Comcel is seeking legal advice on a possible breach by Colombia of its obligations under the WTO.

Argentine competition president resigns

06 April 2001

The newly-appointed president of Argentina’s competition authority, the National Commission for Defense of Competition, has resigned - after less than a week in office. Santiago Urbiztondo, who was appointed by the former Minister of the Economy, Ricardo Lopez-Murphy, quit on March 16. His decision is said to be linked to Lopez-Murphy’s departure from the ministry, where he was replaced by Domingo Cavallo.

Brazilian firms engineer baking company buy-out

30 March 2001

Two of Brazil’s largest law firms, Tozzini, Freire, Teixeira e Silva Advogados and Mattos Filho, Veiga Filho, Marrey Jr, Moherdaui e Quiroga Advogados have helped a large Mexican food group, Grupo Bimbo, to buy a Brazilian baking company. The deal is for US$63.5 million in cash.

Tax break for large electricity consumers

30 March 2001

Brazil’s biggest power consumers have just been given a reason to cheer: the judges of the Brazilian Superior Court of Justice have ruled that a tax being added to electricity bills is unlawful.

Baker & McKenzie hires four partners

30 March 2001

Trench, Rossi e Watanabe Advogados, which is associated with Baker & McKenzie, has added four new local partners to its offices in Brazil.