Fewer Latin American law firm associates feel positive about their salaries than they did a few years ago – and for good reason, as many pay packages are not rising above inflation. But despite meagre economic growth putting paid to increases, more associates rate their wages positively than negatively.
A tribunal has declined jurisdiction over a US$370 million investment treaty claim against Venezuela after finding that the state had not consented to The United Nations Commission on International Trade Law (UNCITRAL) arbitration – also saying it would have rejected the case in any event because of the investors’ dual nationality.
Argentina’s high-profile Cuadernos graft scandal might change its course under a new government, heard delegates at Latin Lawyer - GIR Live 7th Annual Anti-Corruption & Investigations, held earlier this month in São Paulo.
Political instability and an overarching shift to the left in parts of Latin America are bringing uncertainty for employers in the region, but there are signs of economic strength in some areas, heard delegates at the sixth annual Latin Lawyer Labour & Employment conference held on Wednesday in Miami.
A Venezuelan financial services group says it has launched an investment treaty claim against the Netherlands after its banking subsidiary on the Dutch Caribbean island of Curaçao had its assets frozen.
An International Centre for Settlement of Investment Disputes (ICSID) annulment committee has dismissed a petition by an Aruba mining company and its affiliate to annul an award rejecting their US$633 million claim against Venezuela.
The opposition, led by Venezuelan National Assembly president Juan Guaidó, announced on 3 September that it had brought in James Bromley and Sergio Galvis to help restructure its external debt and other obligations.
Ahead of the publication of the 2020 edition of LACCA Approved, we take a look at the results to find out who Latin America’s leading law firm partners are, as voted for by in-house counsel.
An ICSID committee has discontinued proceedings brought by Venezuela to annul a US$42 million award in favour of a French investor after the state failed to make an advance payment of costs – while enforcement battles continue in the US courts.
Venezuela’s state-owned oil group PDVSA has defeated a US$1.5 billion International Chamber of Commerce (ICC) claim brought by US energy company ConocoPhillips over the expropriation of an offshore oil project – just months after an International Centre for Settlement of Investment Disputes (ICSID) tribunal ordered the state to pay a record award for seizing that and other assets.