15 June 2018
A Luxembourg steelmaker has asked a US court to enforce two awards at the International Centre for Settlement of Investment Disputes (ICSID) worth a combined US$447 million against Venezuela arising from the nationalisation of the country’s steel industry.
06 June 2018
The Venezuelan government’s lack of political will to restructure its debts is stopping the country from addressing its economic crisis, according to restructuring advisors.
06 June 2018
Swiss insurance company Zurich has made a series of investments in Latin America, buying assets in Argentina, Brazil, Chile, Colombia, Mexico, Panama, Uruguay and Venezuela.
24 May 2018
In a fast-changing world, the Latin Lawyer Elite firms of 2018 have shown themselves willing to take innovative steps to defend their leading positions.
23 May 2018
A court serving the Dutch Caribbean islands of Bonaire and Curacao has ordered the partial lifting of orders allowing ConocoPhillips to seize assets of Venezuela’s national oil and gas company PDVSA to satisfy a US$2 billion arbitral award, ensuring that both islands have enough fuel and electricity.
18 May 2018
Hogan Lovells says the “practical realities” of running an office in Venezuela forced its closure after 13 years in the country.
18 May 2018
ConocoPhillips has seized oil products belonging to Venezuela’s national oil and gas company PDVSA on the Dutch island of Curacao and elsewhere in the Caribbean, as part of a campaign to satisfy a US$2 billion award at the International Chamber of Commerce (ICC).
17 May 2018
The General Secretariat of the Andean Community should close its investigation into an alleged soft paper cartel and not fine companies that already have been granted leniency in its member countries, Colombia’s antitrust authority has said.
16 May 2018
Senior figures from turnaround specialists Alvarez & Marsal, financial advisors GCG and Millstein & Co, commercial bank JP Morgan and private equity group G5 are set to speak at the Latin Lawyer – GRR Live 3rd Annual Restructuring Summit, which will be held at Paul Hastings’ New York office on Monday 4 June.
15 May 2018
Two months after its US$1.37 billion award at the International Centre for Settlement of Investment Disputes (ICSID) against Venezuela was confirmed in the US, Canadian mining company Rusoro has asked a Texas court to help enforce against the country’s national oil and gas company PDVSA and other “alter egos” of the state which it accuses of fraudulently transferring assets abroad to escape the reach of arbitral creditors.