International

Venezuela’s challenge to ICSID arbitration award dries up

An ICSID committee has discontinued proceedings brought by Venezuela to annul a US$42 million award in favour of a French investor after the state failed to make an advance payment of costs – while enforcement battles continue in the US courts.

Petrobras tenders notes worth US$2.6 billion

Cleary Gottlieb Steen & Hamilton LLP in New York and São Paulo has helped Petrobras buy back previously issued notes worth US$2.6 billion through two tender offers.

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Features

Lawyers welcome Venezuelan opposition’s early debt restructuring plans

Lawyers have welcomed a policy paper issued by the restructuring team for Venezuela’s opposition, which suggests treating diverse creditors equally to prevent Argentina-style holdout disputes.

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Surveys

Tell us about your pro bono work!

Latin Lawyer and the Cyrus R Vance Center for International Justice have launched their joint annual pro bono survey. Read on to find out how to participate.

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Strategy & management

To each their own

It has become a must for major Spanish firms to make a play for Latin America, yet not all agree on the best approach. Vincent Manancourt profiles the strategies of the country's main players

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