Baker McKenzie LLP has bolstered its Mexico City office by hiring a former White & Case SC partner, while a former associate returns as counsel to reinforce the firm’s Latin America practice in Miami after a year at Hughes Hubbard & Reed LLP.
Cement maker Elementia has hired Greenberg Traurig LLP in Miami, New York and Washington, DC to sell certain US assets to building materials supplier Lehigh Hanson, in a deal worth US$151 million.
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.
Political instability and an overarching shift to the left in parts of Latin America are bringing uncertainty for employers in the region, but there are signs of economic strength in some areas, heard delegates at the sixth annual Latin Lawyer Labour & Employment conference held on Wednesday in Miami.
Mexico’s antitrust enforcer has responded to impartiality and procedural concerns raised by practitioners regarding its new attorney-client privilege rules.
The growth of technology-led investments is profoundly changing the way private equity operates in Latin America, allowing investors to be more aggressive and potentially less sensitive to cyclicality, heard delegates at Latin Lawyer Live 10th Annual Private Equity, which took place yesterday in New York.
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.
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.
Mijares, Angoitia, Cortés y Fuentes SC has helped Mexican industrial real estate developer Advance obtain a US$314 million loan.
Several law firms have advised on the latest debt offerings by Brazilian and Mexican state-owned oil companies Petrobras and Pemex, collectively worth some US$21 billion.