TozziniFreire Advogados in São Paulo has helped the Brazilian subsidiary of Japanese conglomerate Mitsui & Co and car manufacturer Toyota enter a joint venture to develop mobility services in Brazil, as the companies plan further expansion in Latin America.
Clifford Chance LLP in Beijing and Beccar Varela in Buenos Aires have helped the Industrial and Commercial Bank of China (ICBC) acquire 20% stakes in three Argentine banking organisations from its own affiliate Standard Bank London for approximately US$181 million.
A US-owned renewables producer has launched a claim at the Permanent Court of Arbitration (PCA) against Argentina’s electricity market manager after a contract it had to build a solar park was rescinded.
Argentina’s Nicholson y Cano Abogados has helped the International Finance Corporation (IFC) grant a US$10 million loan to Paraguayan fertiliser company Agrofértil, as part of the bank’s wider US$8 billion financing package aimed at helping businesses in the region affected by the crisis.
Partner hires at law firms operating in Latin America fell by almost a third in the second quarter of 2020 compared to the same period in the previous year, as firms rein in expansion amid the covid-19 pandemic.
Madrid-based boutique Abencys has launched a new office in Argentina, in association with local firm De la Vega Caldani Linares Luque & Eviner.
Tanoira Cassagne Abogados has advised all parties involved in the launch of a 10 billion Argentine pesos (US$144 million) investment fund and helped on the fund’s first equity issuance.
Bomchil has helped local airport operator Aeropuertos Argentina (AA2000) obtain a loan to cover foreign repayment obligations on existing debt.
Cuatrecasas in Vigo and Barcelona, Marval O'Farrell Mairal in Buenos Aires, Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo and Grama Schwaighofer Vondrak Rechtsanwälte in Vienna have helped Brazilian cement company InterCement make two issuances worth a total of US$955 million.
Argentine Latin Lawyer Elite firm Mitrani Caballero & Ruiz Moreno has boosted its tax practice by hiring a partner from Latin Lawyer 250 firm Teijeiro & Ballone.