The Commission for the Defence of Competition in Argentina has a new president, Gabriel Bouzat - the third in as many months.
First Trust of New York, NA, through its Buenos Aires office, acting solely as financial trustee of 'Argentine Collateral Trust - Trust Notes Due 2006 Financial Trust', has issued US$250 million-worth of secured floating rate trust notes, due 2006.
Buenos Aires firm Beretta Kahale Godoy has advised PSEG in the purchase of 90 per cent of the shares of Edeersa, a transaction worth approximately US$200 million. The closing date for the sale of the electricity distribution company, situated in the Argentine province of Entre Ríos, was June 28.
Buenos Aires firm Negri, Teijeiro & Incera has been selected by Banco de Inversión y Comercio Exterior (BICE) to act as legal counsel in the writing of a global programme of financial trusts worth up to US$10 million.
Local law firm Marval, O´Farrell & Mairal has advised Moody's Investor Services in the acquisition of Argentine rating agencies Magister and Humphreys.
Antonio Millé and Hernán Gonzalo Gerola of Estudio Millé obtained a groundbreaking ruling in their representation of a leading international electronics client.
Santiago Mollard and Luis Rodolfo Bullrich, former partners at Borlengui, Mollard & Bullrich Abogados, have joined Nicholson & Cano's litigation department.
Resolution 220/01 of the Ministry of Economy establishes that exports for consumption purposes and allotted to Mercosur member countries shall be subject to the provisions of Decree 1011/91 and complementary rules and/or amendments.
Negri, Teijeiro & Incera advised DirecTV Latin America in its purchase of the majority interest in Galaxy Entertainment Argentina SA, the Argentine DirecTV operator owned by Plataforma Digital SA.
Cabanellas, Etchebarne & Kelly has advised Harris Canada Inc in a master loan agreement of up to US$30 million granted to Impsat SA of Argentina. The deal forms part of an international transaction in which four other Impsat subsidiaries acted as co-borrowers. These included Impsat Brazil, Impsat Colombia, Impsatel Del Ecuador, and Impsat Venezuela. The deal was closed on June 15th.