News
Pinheiro Neto opens office in Tokyo
In a pioneering move among top Brazilian firms, Pinheiro Neto Advogados is deepening its long-term relationship with Japanese clients by opening an office in Japan, one of the main sources of foreign direct investment in Brazil.
PUC-Rio establishes first university endowment in Brazil
On the back of a new law regulating endowments in Brazil, Cescon, Barrieu, Flesch & Barreto Advogados has helped a group of former students from Brazilian catholic university PUC-Rio establish a fund backed by alumni donations to finance scholarships.
LatAm shareholder activism faces economic and cultural obstacles, say panellists
Shareholder activism is on the rise in Latin America, but activists still face challenges, including family-controlled companies and low levels of equity transactions, limiting their opportunities to impact companies’ corporate governance structures, heard delegates at Latin Lawyer Live 9th Annual M&A conference in São Paulo.
Peruvian arbitrators released on appeal
A Peruvian court has overturned pre-trial detention orders against eight arbitrators accused of taking bribes from Brazilian construction company Odebrecht, including one whose arrest prompted outcries from the international arbitration community.
Multiple firms agree Chilean car importer's second restructuring
Chilean car importer Automotores Gildemeister has struck a deal to restructure over US$500 million of its senior notes, with counsel from Cleary Gottlieb Steen & Hamilton LLP and a host of law firms throughout South America. By Jordan Fermanis.
Lefosse poaches from Demarest, hiring seventh partner in 2019
Giving continuity to its hiring spree, Lefosse Advogados has recruited a projects and infrastructure partner from Demarest Advogados – the second time it has recruited from the same firm in just over a month.
Pemex and Petrobras moving aside for private spend in natural gas, say panellists
Latin American jurisdictions are seeing an influx of private investors in the natural gas sector, heard delegates at Latin Lawyer Live 7th Annual Regional Project Finance last Thursday – but Mexico’s regulatory framework makes it better positioned than Brazil to handle this new reality, at least for now.
Petrobras sells oil field to PetroRio
Machado Meyer Advogados in Rio de Janeiro has helped Petrobras sell a 30% stake in an offshore oil field to PetroRio for US$100 million.
Deep water rig leaves Brazil for Mexico following Dutch acquisition
Norton Rose Fulbright across six offices; Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in Rio de Janeiro and São Paulo; and Patton, Moreno & Asvat in Panama City have helped Dutch vessels service provider OOS acquire a semi-submersible deepwater rig from Delba Drilling.
CMS in Colombian labour boutique tie-up
Colombia’s CMS Rodríguez-Azuero has absorbed labour boutique Escobar García Abogados, in a move that gives the firm another partner.
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