News
Brazilian boutique hires former AB InBev disputes and compliance head
Brazilian disputes boutique Marchini Botelho Caselta Advogados has hired a former chief compliance officer and litigation head of drinks giant Anheuser-Busch InBev to lead its arbitration and compliance groups.
The room where it happens
Law firm participation on behalf of corporates in the discussions that led to the United States–Mexico–Canada Agreement is evidence of the unique perspective lawyers bring to the table in interactions between companies and governments. More broadly, law firms advising corporates on government relations can help them promote important policy changes, effectively managing regulatory risk. But there are still obstacles in the way of Latin American law firms making a name for themselves in government advocacy in the same way their US counterparts have.
Deutsche Bank sells Mexican trust business after pressure from regulator
Three Skadden, Arps, Slate, Meagher & Flom LLP offices and Ritch, Mueller, Heather y Nicolau, SC in Mexico City are advising Deutsche Bank on the sale of its trust business in Mexico, which comes after a year of “continual pressure” from the country’s financial regulator to complete the deal.
Garrigues, Pérez Bustamente and Lazo & De Romaña in cybersecurity buy
Garrigues in Chile, Colombia and Peru and Ecuador’s Pérez Bustamante & Ponce have helped Chilean telecoms company Grupo Gtd’s Peruvian subsidiary acquire a majority stake in cybersecurity company SecureSoft.
Carey helps Chilean car sales start-up in international merger
Carey has helped the two founders of Chilean car sales start-up Frontier Car Group merge its business with Dutch e-commerce platform OLX Group to form a used-car platform with a market valuation of US$1 billion.
Giving up the ghost
In shining a spotlight on issues that have been bubbling under the surface for years, the covid-19 pandemic and the pressure it puts on client appetite for costly legal services is a chance for progressive law firms to rethink entirely how they value what they do. In doing so, they can remodel themselves into organisations of the future. Here, we present the second part of our 2020 law firm fees survey.
Bolsonaro appoints data authority directors, but lawyers voice concerns
Brazil’s government has finally appointed decision-makers at its Data Protection Authority (DPA) – but observers say the military-laden board, which has little experience with data privacy, might not properly enforce Brazil's new data privacy legislation (LGPD).
Skadden and Galicia in Intel’s US$9 billion global memory sale
Four Skadden, Arps, Slate, Meagher & Flom LLP offices have helped South Korean chip-making company SK Hynix buy US software group Intel’s memory storage unit for US$9 billion, including assets in Mexico.
Stocche Forbes, BMA and Pinheiro Guimarães steer retail acquisition
Stocche Forbes Advogados has helped Brazilian shoe retailer Arezzo buy investment manager Dynamo Gestão de Recursos’s entire interest in local fashion group Reserva for 715 million reais (US$125 million).
Global digital marketing group Jellyfish snaps up LatAm assets
Osborne Clarke in London, Brazil’s TozziniFreire Advogados and Basham, Ringe y Correa in Mexico City have helped London-headquartered digital marketing group Jellyfish enter Latin America by acquiring Brazilian marketing company Reamp and Mexican counterpart San Pancho.
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