Cecilia Blume, specialising in energy, oil and gas; concessions and privatisations became a partner of the firm as of August 7, 2000.
Tozzini, Freshfields, Machado Meyer and Clifford Chance are involved in a US$560 million syndicated transaction project with three major financial institutions. The main financing agreements were all executed by August 7, 2000.
The Venezuelan Ministry of Science and Technology is leading a working group reviewing the draft of the e-commerce law. The intention is to speed up the drafting of the law so as to have a viable version to put before the Executive for enactment.
The August merger of Brazilian law firm Branco Advogados Associados with Thiollier e Pinheiro Advogados has created a practice with more than 50 lawyers with offices in São Paulo and Rio de Janeiro.
The two firms acted in the forging of a strategic alliance between Portugal Telecom, Unibanco and Banco Galicia announced on August 1, 2000.
On July 20 the Antitrust Commission approved the sale of Aguas Cordillera, the waterworks subsidiary of Enersis, itself a subsidiary of Spain's Endesa, to Emos for US$185 million.
The transaction, completed on July 17, gives Celumovil, recently acquired by US-based BellSouth, the first nationwide cellular footprint in Colombia.
This was published three years after the Paraguayan Congress first enacted the Maquila law. No maquiladora companies were established then due to the lack of appropriate regulations. These regulations were necessary to implement the law.
Act No 17.243 approved by the Executive on June 29, 2000 covers a wide range of topics including investment promotions, tax, antitrust, labour, company, administrative, public, criminal, mutual funds.
The international journal of competition policy and regulation, Global Competition Review reports that Brazil's antitrust authority, the Economic Defence Administration Council (CADE), reconvened on July 5 with a new president, three new counsellors and a new address.