News

Shipbuilder fails to enforce arbitration award against Venezuela

21 June 2019

A US court has refused to enforce a US shipbuilder’s US$129 million award against Venezuela’s ministry of defence in a 17-year dispute over a contract to upgrade two missile-armed navy frigates.

D’Empaire makes rare lateral hire in Venezuela

D’Empaire makes rare lateral hire in Venezuela

06 June 2019

D’Empaire in Venezuela has strengthened its finance and corporate practices with a lateral hire.

Strategic advisor for Venezuelan opposition to keynote LL-GRR restructuring summit

Strategic advisor for Venezuelan opposition to keynote LL-GRR restructuring summit

05 June 2019

Lee Buchheit, former Cleary Gottlieb Steen & Hamilton LLP partner and newly appointed strategic advisor to the Venezuelan opposition, will deliver the keynote at Latin Lawyer - GRR 4th Annual Restructuring Summit, which will be held on 11 July at Paul Hasting LLP’s office in New York.

Peru leads the charge against Odebrecht bribery

04 June 2019

Research recently published shows which Latin American countries have been proactive and which others have lagged behind in tackling corruption tied to Odebrecht since 2016.

Clean win for Venezuela in arbitration treaty claim

24 May 2019

An UNCITRAL (United Nations Commission On International Trade Law) tribunal has declined jurisdiction over a US$185 million investment treaty claim against Venezuela brought by a Spanish subsidiary of US cleaning products group Clorox – after rejecting the claimant’s attempt to remove a tribunal-appointed expert.

Exposing the gap

Exposing the gap

23 May 2019

For the past two years, many UK law firms have been compelled to publicly disclose the difference between what they pay male and female lawyers. Gender pay gap reporting can be a blunt instrument, but acknowledging a problem is the first step to solving it. We consider the implications for Latin America’s legal market.

Why fewer women than men become partners

Why fewer women than men become partners

23 May 2019

Partners sit at the top of the law firm pyramid structure and they have the biggest pay packets. The fact that women are in the minority in most law firm partnerships in Latin America – and indeed the world – is the main reason behind the gender wage gap in the legal profession. Here, we list four common explanations put forward to explain why more women don’t rise through the ranks to become partners.

Venezuela arbitration award confirmed as court sides with Guaidó

23 May 2019

A US court has enforced an International Centre for Settlement of Investment Disputes (ICSID) award worth over US$400 million against Venezuela after finding it was bound to recognise lawyers acting for Juan Guaidó as the country’s legitimate representatives.

Survey highlights scant change to women partner numbers

Survey highlights scant change to women partner numbers

21 May 2019

The average percentage of partner positions at Latin Lawyer 250 firms held by women is now 23%, barely more than the number we reported when we began tracking partner diversity back in 2013.

ICSID arbitration committee rebuffs Guaidó

13 May 2019

An International Centre for Settlement of Investment Disputes (ICSID) committee has rejected arguments by the special attorney general appointed by Venezuela’s opposition leader Juan Guaidó that lawyers instructed by the government of President Nicolás Maduro no longer have authority to represent the state in an annulment proceeding.