News
More firms confirm role in Asterion-Telefónica deal
15 August 2019
Argentine, Chilean, Mexican and Peruvian firms have landed roles in the closing of Spanish investment manager Asterion’s global data centre deal with Telefónica and the associated acquisition loan.
Peruvian partners from Latin Lawyer 250 firms form boutique
08 August 2019
Three former partners from some of Peru’s market-leading firms have founded their own tax boutique.
Chinese-Peruvian JV gets financing to expand broadband in Peru
07 August 2019
Rodrigo, Elías & Medrano Abogados and Martinot Abogados have helped Chinese-Peruvian joint venture YOFC sign a US$411 million financing agreement with the Peruvian government as part of public-private partnership to expand broadband services.
Intercorp completes Peru’s first NYSE IPO for six years
02 August 2019
Shearman & Sterling LLP in New York and Menlo Park; Garrigues (Peru) and Arias, Aleman & Mora in Panama City have helped Peruvian group Intercorp Financial Services (IFS) raise US$414 million in a New York IPO and an additional US$54 million through an equity offering in Lima.
Spanish and LatAm firms launch Velae Legal Group
30 July 2019
Spanish law firm DJV-Estrada-Azcona has launched an international legal group together with four Latin American outfits from Colombia, the Dominican Republic, Mexico and Peru, including Latin Lawyer 250-listed IP boutique Becerril, Coca & Becerril SC.
Lazo & De Romaña and CMS Grau steer logistics centre loan in Peru
25 July 2019
Lazo & De Romaña Abogados in Peru has helped Chilean real estate group Red Megacentro obtain an US$84 million credit facility for a logistics centre south of Lima.
German company ups stake in busy Lima airport
19 July 2019
German transport company Fraport has hired Philippi Prietocarrizosa Ferrero DU & Uría (Peru) to increase its majority stake in the concessionaire operating Lima’s international airport for US$45 million.
Echecopar, PPU and Muñiz raided by Peruvian Car Wash investigators
18 July 2019
Estudio Echecopar member firm of Baker McKenzie International, Philippi Prietocarrizosa Ferrero DU & Uría (Peru) and Muñiz, Olaya, Meléndez, Castro, Ono & Herrera were raided last week by investigators probing alleged bribes paid by scandal-hit Brazilian construction company Odebrecht to government officials in Peru, in connection with the Gasoducto Sur Peruano and Gasoducto Andino del Sur pipeline projects.
Colombia’s Altra and Germany’s KfW invest in Chilean finance company
18 July 2019
Baker McKenzie LLP in Santiago, Bogotá and Lima has helped Colombian private equity company Altra Investments invest in Chilean finance group Avla, together with several other investors that include German development bank KfW.
Asset sales protect investigated companies’ creditors more than judicial restructuring, says panel
16 July 2019
The wave of anti-corruption probes following Operation Car Wash left many implicated companies on the verge of bankruptcy, but most have found selling assets before filing for judicial restructuring better preserves the value of those assets than bankruptcy proceedings do, heard delegates at Latin Lawyer – GRR Live 4th Annual Restructuring conference.