Florida firm Steel Hector & Davis LLP, has announced the appointment of Richard E Brodsky as Of Counsel. He joins the firm’s securities, broker-dealer and appellate litigation groups. He will also work in the corporate, securities and finance practice group.
Pan-American consulting company Axialent Inc has completed a stock issuance to international corporate and individual investors for an undisclosed amount. The deal closed on April 4.
ViaSat Inc has signed an agreement to supply a satellite communication networking system to Spanish utility Unión Fenosa SA’s telecommunications subsidiary Unión Fenosa Telecomunicaciones SA (UFINET), and to UFINET’s subsidiaries in Latin America. The value of the deal, which closed in May, has not been disclosed.
The Dominican Republic has restructured around US$1.03 billion of its external debt through an exchange offer open to eligible holders of the Republic’s 2006 and 2013 bonds.
The Government of Peru has awarded the first stage of the world’s largest road concession to Concesionaria Eje Vial Norte. The specially-formed tripartite consortium will operate and maintain the toll road for a period of 25 years. Initial construction and maintenance of the first leg of roadway will cost an estimated US$200 million. The decision was announced on May 5.
Chadbourne & Parke LLP has announced the formation of a US Hispanic practice group, an expansion of its corporate, private equity and Latin America practices. The group came into operation on April 13.
Freshfields Bruckhaus Deringer is restructuring its Latin American Dispute Resolution Group, headed by Nigel Blackaby, a partner in the firm’s Paris office. The move includes the relocation of senior associate Sylvia Noury from New York to London, and of senior associate Felipe Ossa from Paris to Madrid.
Grupo Televisa, SA, the largest media company in the Spanish speaking world, has issued a US$400 million note offering. The deal closed on April 5. Grupo Televisa, a major participant in the international entertainment industry, earns the vast majority of its revenue from Latin America.
Michael Grasty Cousiño, partner at law firm Grasty, Quintana, Majlis & Cía, was recently appointed president of the American Chilean Chamber of Commerce (AMCHAM) for a period of two years. The appointment was made on March 14.
Brazil’s Secretariat of Economic Law has ordered an investigation into the operators of Santos, the country’s largest port facility. The secretariat has ordered the port’s management to remove a fee imposed on bonded warehouses to cover what the management described as “the security requirements of the International Ship and Port Facility Security Code”.