Work Area: Compliance & Investigations

PDVSA arbitration award reinstated despite corruption allegations

The Dutch Supreme Court has reinstated an International Chamber of Commerce (ICC) award against a subsidiary of Venezuela’s national oil and gas company PDVSA that was set aside two years ago on grounds of corruption.

21 July 2021

Court rejects challenge over alleged cyber-attack against J&F

As a Brazilian court lifts a stay on an award in a multibillion-dollar M&A dispute, the International Chamber of Commerce (ICC) Court of Arbitration has rejected a bid to disqualify the entire tribunal based on an alleged cyber-attack.

20 July 2021

Revisit Latin Lawyer and GIR’s Anti-Corruption & Investigations Mexico conference

The Anti-Corruption Investigations Mexico conference hosted by Latin Lawyer and its sister publication Global Investigations Review is now available to view in full online. The event was co-chaired by Andrew Levine of Debevoise & Plimpton LLP and Diego Sierra of Von Wobeser y Sierra SC.

16 July 2021

BMA adds white-collar crime partner

Brazil’s BMA – Barbosa, Müssnich, Aragão has strengthened its white-collar crime and investigations practice by hiring a former in-house compliance manager as partner.

14 July 2021

Peru liable in metro dispute at ICSID

An International Centre for Settlement of Investment Disputes (ICSID) tribunal has held Peru liable in a contractual claim over a project to build Lima’s second metro line, ruling that the state was responsible for delays in the works and must pay damages – also dismissing a US$700 million counterclaim.

12 July 2021

Court upholds fine against Alcatel for corruption in Costa Rica

France’s highest court has rejected an appeal by telecoms company Alcatel-Lucent against a €150,000 (US$182,000) fine it received for paying bribes in Costa Rica in the early 2000s.

29 June 2021

Dutch court overturns ruling in Petrobras fraud suit

A Dutch court has reversed its decision to exclude certain claimants from a class action brought on behalf of investors in Petrobras who suffered losses due to the Lava Jato corruption scandal - after it emerged the Brazilian company had taken conflicting positions on the applicability of an arbitration clause.

22 June 2021

Pellerano & Herrera partner joins DMK in the Dominican Republic

Dominican law firm DMK Abogados has appointed two disputes partners by rehiring a former senior associate and adding a partner from Latin Lawyer 250 firm Pellerano & Herrera.

15 June 2021

Don’t overlook the G in ESG, warn panellists

In light of the widescale social impact of the pandemic, Latin American companies are increasingly looking at how to incorporate environment, social and governance (ESG) goals in their organisations, but businesses must ensure not to ignore the governance aspect of their ESG targets, or they may face additional compliance and corruption risks, say panellists at Latin Lawyer and GIR Connect: Anti-Corruption & Investigations Mexico.

14 June 2021

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