Luxembourg steelmaker Ternium has hired Elvinger Hoss Prussen in Luxembourg, Mitrani Caballero & Ruiz Moreno in Buenos Aires and Veirano Advogados in São Paulo to obtain a US$500 million loan for its Brazilian subsidiary.
As Argentina’s centre-right president Mauricio Macri suffers a shock defeat in a primary vote, a prosecutor in the country has opened a criminal investigation into the settlement of an ICSID case that is alleged to have financially benefited the president’s family.
Argentine, Chilean, Mexican and Peruvian firms have landed roles in the closing of Spanish investment manager Asterion’s global data centre deal with Telefónica and the associated acquisition loan.
Argentina’s Marval, O'Farrell & Mairal has promoted two associates to partner in its corporate and labour departments as former president Cristina Kirchner returns to centre stage.
Argentina and Uruguay are the only countries in Latin America to meet the EU’s data protection adequacy criteria – but others are looking to follow suit soon, lawyers have said.
Argentine footballer and Juventus striker Paulo Dybala is facing a potential International Chamber of Commerce (ICC) claim worth almost €40 million (US$45 million) from his former agent over image rights – amid reports that the dispute hindered his potential transfer to a new club.
Argentine law firms Estudio O’Farrell Abogados and Tanoira Cassagne Abogados have acted as local counsel in notes issuances worth a combined US$900 million by energy company YPF and its power subsidiary YPF Luz.
Tanoira Cassagne Abogados has helped Argentine financial services company Allaria Ledesma launch a fund that will issue equity worth up to US$100 million.
Clifford Chance LLP in Madrid and Washington, DC, and Pérez Alati, Grondona, Benites & Arntsen in Buenos Aires have helped Argentine power company Genneia and its subsidiary obtain financing worth US$131.6 million for wind farm projects in the Patagonian province of Chubut.
Women Way in Arbitration (WWA Latam), an association that promotes the role of women in Latin American arbitration, is preparing to launch in Colombia after a successful opening in Argentina earlier this year.