Covid-19 landed in Latin America on 26 February, bringing with it an onslaught of labour and employment issues for the region’s companies and workers. Latin America’s top labour lawyers are now advising their clients on how to handle their workforces in the wake of the crisis, as the evolving outbreak presents unique employment issues for businesses.
The covid-19 crisis is unprecedented, spreading across the globe with unforeseeable consequences for people’s lives and the global economy. As markets across the world adapt to operate under strain, Luís Bulcão Pinheiro talks to M&A partners to find out how deal-making is faring in the era of covid-19.
Cravath, Swaine & Moore LLP in New York has helped US Spanish-language media company Univision divest a majority stake in the company to US investor ForgeLight and private equity company SearchLight.
Cleary Gottlieb Steen Hamilton LLP in New York has helped Mexico’s state-owned electricity provider Comisión Federal de Electricidad (CFE) make a US$900 million debt offering.
After opening its doors earlier this year, Mexican labour and employment boutique Ferran Martínez Abogados has strengthened its team by hiring a practitioner licensed in both Mexico and Venezuela as of counsel.
Paul Hastings LLP in New York and DRB Abogados in Mexico City have helped Mexican car brakes and suspension manufacturer Rassini obtain a US$470 million loan.
Uría Menéndez’s offices in Barcelona and Madrid, Niederer Kraft Frey in Zurich, Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City and Pinheiro Neto Advogados in São Paulo have helped Spanish bank Santander enter a joint venture with France’s Credit Agricole to combine their custody and settlement and asset management businesses across 15 jurisdictions.
A transcript from Latin Lawyer Live Private Equity, which took place in 2019, is now available to read online.
Pani Abogados has helped Mexican venture capital business Angel Ventures invest in Mexican geolocation start-up Decifra.
Paul Hastings LLP in New York and Ritch, Mueller, Heather y Nicolau, SC have helped Mexican copper manufacturer Industrias Unidas make a US$250 million exchange offer.