An Odebrecht-led consortium has launched an International Chamber of Commerce (ICC) claim against Colombia’s National Infrastructure Agency over a highway concession – months after a domestic arbitration panel concluded the project had been procured through corruption.
Iberian law firm Cuatrecasas and Colombian Latin Lawyer Elite firm Posse Herrera Ruiz have terminated their three-year strategic alliance, with Cuatrecasas continuing to operate in the country independently as it prepares to build its own local law presence.
Holland & Knight LLP has elevated four lawyers in its Latin America practice to partner, across its Miami, Bogotá and Mexico City offices.
Philippi Prietocarrizosa Ferrero DU & Uría has boosted its partnership by adding two partners in Peru and one in Colombia.
Colombia’s competition authority has banned Uber from operating its ride-hailing service in the country.
Baker McKenzie (Colombia) has helped local fintech company Finaktiva get its first ever international loan.
Baker McKenzie (Colombia) has helped Banco Itaú refinance a dual currency loan to PCH Los Molinos, the owner of two hydroelectric plants in the Antioquia region.
Skadden, Arps, Slate, Meagher & Flom LLP’s offices in New York, Houston and São Paulo and Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) have helped Colombia’s Ecopetrol subsidiary Hocol buy a 43% interest in two Colombian offshore gas fields from Chevron.
Colombia’s CMS Rodríguez-Azuero has absorbed labour boutique Escobar García Abogados, in a move that gives the firm another partner.
Colombia’s DLA Piper Martínez Beltrán has fortified its project finance department by hiring a senior associate from Posse Herrera Ruiz as partner, the third senior rank appointment at the firm in recent months.