Four partners from Clyde & Co’s global marine group in London left last month to launch their own boutique – including the former co-head of the Latin American strategy committee, Elizabeth Turnbull.
White & Case SC has promoted two local partners in its Mexico City office to global partners, a month after the firm strengthened its Latin American project finance practice with hires from Baker Botts and OPIC.
Spanish firm Ecija has continued its expansion in Latin America by absorbing Chilean firm Estudio Jurídico Otero.
Carey has helped UK media company IMD Group obtain a US$70 million loan for the acquisition of a Chilean telecoms provider.
Baker McKenzie LLP’s Chicago and Miami offices and Muñiz, Olaya, Meléndez, Castro, Ono & Herrera in Lima have helped China Yangtze Power (CYP) buy US Sempra Energy’s Peruvian business for US$3.6 billion, in the largest overseas M&A transaction by a Chinese company in 2019.
Cleary Gottlieb Steen & Hamilton LLP in New York and Carey of Chile have helped the world’s largest copper producer Codelco issue bonds worth US$2 billion, as it prepares to upgrade several mining projects despite falling copper prices.
Hogan Lovells LLP in New York and Guatemala’s Sfera Legal have helped Banco G&T Continental obtain a US$250 million loan.
Paul Hastings LLP has helped Minera México, one of the world’s largest copper producers, raise US$1 billion in its first debt offering in over 20 years.
Felsberg Advogados is representing a Brazilian state-owned bank that has asked for scandal-ridden construction group Odebrecht to be liquidated, arguing that a restructuring plan tabled by the company is unlawful.
Davis Polk & Wardwell LLP in New York, Uría Menéndez in Madrid and Mexico’s Creel, García-Cuéllar, Aiza y Enriquez SC have helped Santander Spain increase its share capital in its Mexican subsidiary through an exchange offer.