The Inter-American Investment Corporation (IIC) has agreed a series of loans to small and medium-sized enterprises (SMEs) in Guatemala, El Salvador, Costa Rica and Brazil to finance leasing operations.
Former US Attorney for the Southern District of New York Mary Jo White has joined Debevoise & Plimpton, effective June 1.
Paul Yde and M J Moltenbrey have become partners of Freshfields Bruckhaus Deringer LLP and will launch a US antitrust practice in Washington DC. Joining them will be Alan Ryan, a competition partner who is relocating from the firm’s Brussels office.
Thomas Vega-Byrnes has left Winston & Strawn and has set up his own solo practice, Thomas Vega-Byrnes LLC. He will continue to work in international power projects and will build upon established relationships with commercial, government and multilateral lenders, equipment suppliers and contractors.
The Presidents of Panama, Costa Rica, Nicaragua, Guatemala, and El Salvador, along with the Vice-President of Honduras, have signed the text for a future Free Trade Agreement to cover all six countries. With the signing of the text, which took place on March 6 in Panama City with the President of Brazil as witness, the Central American countries intend to form a trade bloc of 30 million consumers.
The program, a re-do of one done last year, was signed between CABEI and Barclays Bank PLC. It is designed to finance foreign trade operations in Central America and was effective as of November 21, 2000.