News

Cuatrecasas, Carey and Morales & Besa in Saba debt restructuring

18 January 2018

Cuatrecasas in Barcelona and Carey in Santiago have helped the Chilean arm of Spanish car park operator Saba restructure debt worth 20 billion pesos (US$33 million).

Guatemalan arbitrator faces trio of challenges from Venezuela

17 January 2018

Venezuela has challenged Guatemalan arbitrator Álvaro Castellanos Howell in three active annulment proceedings the state faces at the International Centre for Settlement of Investment Disputes (ICSID) because of his alleged criticism of the state’s judicial system.

Honduran solar plant gets credit line

17 January 2018

Crowell & Moring in Los Angeles, New York and Washington, DC, has helped Honduran renewables company Pacific Solar Energy obtain a US$93 million loan.

Andrews Kurth and Nicholson y Cano behind IDB Invest loan

17 January 2018

Andrews Kurth Kenyon LLP in Washington, DC, and Nicholson y Cano Abogados in Buenos Aires have helped the investment arm of the Inter-American Development Bank grant a US$30 million loan to Argentine port and cargo terminal operator Zarate.

Milbank promotes in LatAm practice

Milbank promotes in LatAm practice

16 January 2018

Milbank, Tweed, Hadley & McCloy LLP’s New York office predicts increased transactional work in Latin America as it promotes a project finance lawyer to the partnership.

PDVSA company wins appeal over transfer of US assets

16 January 2018

A Delaware appeal court has ruled that a US subsidiary of Venezuela’s national oil and gas company PDVSA did not commit a “fraudulent transfer” when it moved US$2.8 billion of assets out of the United States in an alleged bid to evade from the country’s creditors at the International Centre for Settlement of Investment Disputes (ICSID).

Votorantim and CPPIB form JV to buy Brazilian wind farms

16 January 2018

Stikeman Elliot LLP in Toronto and Brazil's Stocche Forbes Advogados; and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados and TozziniFreire Advogados have helped Brazilian energy company Votorantim Energia and Canada Pension Plan Investment Board (CPPIB) buy two wind farm complexes from local renewables developer Casa dos Ventos.

Mexico’s IEnova’s issues first international debt

16 January 2018

Latham & Watkins LLP in Chicago and San Diego and Mijares, Angoitia, Cortés y Fuentes SC in Mexico City have helped Mexican energy infrastructure developer IEnova in its first international debt offering worth US$840 million.

Mexico signs ICSID Convention

Mexico signs ICSID Convention

15 January 2018

With the future of the North American Free Trade Agreement (NAFTA) and its investor-state dispute settlement provisions looking uncertain, Mexico has opted for what one practitioner describes as "plan B": signing the International Centre for Settlement of Investment Disputes (ICSID) Convention.

Actis acquires InterGen’s Mexican assets for US$1.25 billion

15 January 2018

Milbank, Tweed, Hadley & McCloy LLP in New York and Galicia Abogados in Mexico have helped private equity fund Actis acquire US power generator InterGen’s entire Mexican asset portfolio for US$1.25 billion.