News

UPM confirms largest-ever foreign investment in Uruguay

UPM confirms largest-ever foreign investment in Uruguay

13 August 2019

Two White & Case LLP offices and Hughes & Hughes in Montevideo have helped Finnish forestry company UPM sign a definitive agreement to build a US$3 billion pulp mill in Uruguay.

Latin Lawyer-GIR Live Anti-corruption & Investigations: combating persistent compliance risk

Latin Lawyer-GIR Live Anti-corruption & Investigations: combating persistent compliance risk

13 August 2019

A transcript from Latin Lawyer-GIR Live Anti-corruption & Investigations, which took place in Mexico City in June, is now available to view.

Uruguay’s Conaprole expands dairy plant

08 August 2019

Posadas, Posadas & Vecino has helped Uruguay’s largest dairy producer Conaprole sign an agreement with German farming technology company GEA to expand a production plant.

Women’s arbitration association begins LatAm roll-out

Women’s arbitration association begins LatAm roll-out

25 July 2019

Women Way in Arbitration (WWA Latam), an association that promotes the role of women in Latin American arbitration, is preparing to launch in Colombia after a successful opening in Argentina earlier this year.

Glencore brings second ICSID claim against Colombia

12 July 2019

Swiss commodities trader Glencore has filed a second International Centre for Settlement of Investment Disputes (ICSID) claim against Colombia, this time over the construction and maintenance of a port facility – while a US investor has applied to annul an ICSID award dismissing its claim against Uruguay on jurisdictional grounds.

Uruguayan PPP project gets financing

05 July 2019

Jiménez de Aréchaga, Viana & Brause has helped a motorway project in south-western Uruguay obtain a credit facility.  

Multiple firms steer rare Ecuadorian investment in Canadian miner

Multiple firms steer rare Ecuadorian investment in Canadian miner

05 June 2019

Pérez Bustamante & Ponce in Quito, Carcelén, Desmadryl, Guzmán & Tapia in Santiago and Fasken Martineau DuMoulin LLP in Toronto have helped Ecuadorian conglomerate Grupo Nobis acquire a minority stake in Canadian listed mining company Adventus.  

Uruguayan wind farms get new credit facility

05 June 2019

Uruguayan firm Jiménez de Aréchaga, Viana & Brause has helped Spanish renewables company Saeta Yield refinance two wind farms.

Airline arbitration claim against Uruguay takes off

28 May 2019

A Panamanian entity backed by New York private equity firm Tenor Capital Management has made good on a threatened International Centre for Settlement of Investment Disputes (ICSID) claim against Uruguay over the collapse of the country’s former national airline.

DLF moves into Uruguayan grain business with acquisition

24 May 2019

Simpson Grierson in New Zealand and Guyer & Regules has helped Danish company DLF Seeds in its acquisition of New Zealander counterpart PGG Wrightson for 421 million New Zealand dollars (US$275 million).