News

Perez Alati advises the Republic of Argentina in the privatisation of Caja de Ahorro y Seguro

12 July 2001

Perez Alati, Grondona, Benites, Arntsen & Martínez de Hoz has advised the Argentine government’s Ministry of Economy in the sale of 30 per cent of Caja de Ahorro y Seguro SA.

Venezuelan regulator rules in favour of BMW

12 July 2001

On June 18 Procompetencia, Venezuela’s competition agency, ruled in favour of BMW in the dispute between the German car maker and Corporación Eurocars. The case centred on BMW’s refusal to renew a distribution agreement.

Guerrero, Olivos, Novoa y Errázuriz advises on insurance companies acquisition

12 July 2001

Guerrero, Olivos, Novoa y Errázuriz has represented Inverlink Capital Budgeting SA, in the acquisition of the Chilean insurance companies Le Mans Desarrollo Compañía de Seguros de Vida SA and Le Mans ISE Compañía de Seguros Generales SA.

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.

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).

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.

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.

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.

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.

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.