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.
Skadden, Arps, Slate, Meagher & Flom LLP in São Paulo and New York and Brazil’s BMA - Barbosa, Müssnich, Aragão have helped Banco BTG Pactual offer shares worth some 2.7 billion reais (US$500 million) in a follow-on transaction.
A Von Wobeser y Sierra SC arbitration partner has been elected chair of the Americas Initiative at the Institute for Transnational Arbitration (ITA).
Three lawyers including a former partner at Tauil & Chequer Advogados in association with Mayer Brown have opened a new Brazil-focused disputes boutique in London.
Linklaters in New York, Machado Meyer Advogados in São Paulo and Binder Grösswang Rechtsanwälte in Vienna have helped Austrian fibre producer Lenzing and Brazilian wood panel supplier Duratex obtain US$1.1 billion in financing for their Brazilian wood pulp plant JV.
Jones Day offices in New York and São Paulo and Stocche Forbes Advogados in Rio de Janeiro have assisted two subsidiaries of French energy conglomerate Engie, while Tauil & Chequer Advogados in association with Mayer Brown and Stocche Forbes too have helped Canadian fund Caisse de dépôt et placement du Québec (CDPQ) in their shared 1 billion Brazilian reais (US$194 million) acquisition of Petrobras’ remaining 10% stake in Brazilian gas pipeline company TAG.
Simpson Thacher Bartlett LLP in São Paulo, Harneys in the British Virgin Islands, Blake, Cassels & Graydon LLP in Toronto, Pinheiro Guimarães Advogados in São Paulo and Aguilar Castillo Love (Honduras) have helped Canadian mining conglomerate Aura Minerals and its shareholders complete an IPO and follow-on offering on Brazil’s B3 stock exchange, raising a total of 790 million Brazilian reais (US$150 million) in capital.
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.
The London office of US private equity heavyweight Kirkland & Ellis – the world's highest-grossing law firm – has recruited a Brazilian former Paul Hastings LLP lawyer as partner in its investment funds practice.
Davis Polk & Wardell LLP and Pinheiro Neto Advogados in São Paulo have helped Brazilian cosmetics company Natura issue shares, raising more than US$366 million.