Resolution No. 2997, issued by the Central Bank of Brazil on August 15 2000 introduces the rules of the Brazilian National Monetary Council (CMN) for the electronic registration of foreign direct investments in Brazil, through the Information System of the Central Bank of Brazil (SISBACEN).
The deal which closed on August 15, 2000 expands Makhteshim-Agan Industries Ltd's holdings in the Brazilian market with the purchase of the minority shares of its daughter company Milenia.
On August 14, 2000 the Comisión de Defensa de la Competencia issued a decision that has finally clarified who must file the petition for approval of a merger or acquisition in Argentina.
On August 14, 2000 ANATEL published the "Regulation on the Conditions for the Use of Radio Frequency in the 25.35 to 28.35 Ghz, 29.10 to 29.25 Ghz and 31.00 to 31.30 Ghz Bands" on fixed-service digital radio communication systems.
The transaction with Brazilian Bank, Banco Itaú, which closed on August 11, 2000 marks AOL-LA's largest strategic transaction to date.
The Provisional Measure which introduces important alterations to Law No. 8,884, of June 11, 1999 (Law 8,884/94 / the Antitrust Law).
On July 10, with the purpose of stimulating competition in the telecommunications market, the National Telecommunications Agency published the rules for the provision of PMS, the domestic name for PCS, through Public Consultation No. 241.
On August 9, 2000 the Brazilian Monetary Council altered the rules which govern the investments made by Brazilian residents in the foreign stock markets.
Placer Dome Inc, represented by the law firm, reached an agreement on August 8, 2000 with its partner Corporation Venezolana de Guayana (CVG) to retain the rights to develop Las Cristinas.
Cecilia Blume, specialising in energy, oil and gas; concessions and privatisations became a partner of the firm as of August 7, 2000.