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Peru

Creditors object to LATAM debtor-in-possession loan

LATAM Airlines has run into judicial hurdles during its voluntary Chapter 11 proceeding, after creditors filed an objection to its US$2.45 billion debtor-in-possession (DIP) loan from Oaktree Capital Management and the airlines’ shareholders.

Several firms in US-Swiss US$1.4 billion plastics maker buy
Pollution claim against Peru clears hurdle

Estudio Echecopar cements loan to US-Peruvian consortium

Peru’s Estudio Echecopar member firm of Baker McKenzie International has helped Credicorp Capital structure a US$34 million loan to a consortium made up of Peru’s largest cement producer, Unión Andina de Cementos (UNACEM), and US investor Skanon.

Firms snub recruitment as lateral partner hires fall by a third
Estudio Olaechea promotes two to partner in Peru

Latin Lawyer Elite firms take on the covid-19 crisis

The fallout of covid-19 is indelibly altering how law firms operate and deliver their services. Managing partners of Elite firms reveal the profound changes the crisis has spelled for their firms and the adaptations they are undergoing to remain at the peak of their markets.

Peru gets tough on workplace sexual harassment

Updates to Peru’s regulatory framework passed last year have redefined what constitutes sexual harassment in the workplace and imposed new responsibilities on employers to crack down on unwanted sexual advances at work. Rodrigo, Elías & Medrano Abogados partner José Balta considers how companies are adapting to the new rules.

Surveys

Moving the goalposts: a covid-19 vaccine poses risk to patent-holders

Covid-19 has put the world on hold; most experts say the prospect of lifting lockdown measures relies heavily on finding an effective vaccine to stop the virus spreading. Several governments look set to introduce controversial compulsory licensing laws for any breakthrough vaccine to become publicly available, but lawyers in Latin America have voiced concerns about how this will impact IP rights in the region.

Latin Lawyer Elite 2020
Leading Lights

Latin Lawyer Elite firms take on the covid-19 crisis

The fallout of covid-19 is indelibly altering how law firms operate and deliver their services. Managing partners of Elite firms reveal the profound changes the crisis has spelled for their firms and the adaptations they are undergoing to remain at the peak of their markets.

Banking barricades: central banks brace for the impact of covid-19
A balancing act