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Argentina faces the perfect storm, again
The covid-19 pandemic has paralysed the world economy. Companies are in survival mode, but also need to make plans for the day after. Marval O'Farrell Mairal M&A partner Ricardo Beller recalls the different paths companies followed to overcome Argentina’s prior crises and considers their value today.
GCs tell external counsel: find hard to spot issues amid covid-19
External counsel are a much-needed lifeboat many companies depend on even when a global crisis is not ensuing. A recent poll by LACCA highlights what legal teams are looking for when choosing their external counsel in a pandemic. The results indicate GCs are weighing up proactivity, different perspectives and whether a firm can read the room bef...
Is covid-19 a force for a more sustainable world?
The covid-19 pandemic has devastated economies and populations across the world, leaving many people and companies vulnerable. But there is an upside: carbon emissions are decreasing, air pollution levels are down and damaged ecosystems are recovering. With businesses returning to varying degrees of normality over the coming months, can companie...
Elisabeth Eljuri talks oil, covid-19, and the pursuit of happiness
The former head of Norton Rose Fulbright’s Latin American practice took a big risk when she became chief negotiator and head of legal at Mexican private equity-backed Sierra Oil. Having recently left the company to found her own arbitration law firm, Elisabeth Eljuri tells LACCA why her move in-house was far from traditional and why ...
What travel and labour law changes affect Peru and Mexico right now?
Some countries are easing the restrictions they previously put in place to combat covid-19 while others are still taking a firm stance. In the third article of a series on this topic, LACCA turns to member firms of Ius Laboris, the world’s largest HR and employment law firm alliance, provide guidance on the impact of covid-19 on mobi...
Recession and civil unrest are GCs’ biggest fears amid covid-19 threat
A survey conducted by LACCA reveals the majority of Latin American GCs polled are most concerned about the threat of economic instability and civil unrest to come as a result of the covid-19 pandemic. But with careful budget planning and certain changes to business and legal strategy, in-house teams can muster up the resilience that has historic...
Can Latin American companies benefit from US paycheck protection?
Small and medium-sized Latin American companies with US operations could be eligible for help from the US government’s paycheck protection programme, part of the CARES Act passed in response to the covid-19 pandemic. But while the programme has its benefits, the pool of Latin American SMEs eligible to take part is limited and, for those that do,...
LATAM follows Avianca example with New York Chapter 11
Hot on the heels of the Colombian airline Avianca, Latin America’s largest passenger airline LATAM has also become a US “bankruptcy tourist” - and has filed recognition proc...
Movers & shakers – 2 June
This month’s edition of movers and shakers in Latin America sees job changes in the consulting, manufacturing and banking sector – despite the strain on the employment market amid the covid-19 pandemic.
As the world “drowns in oil,” it’s fight or flight for Mexico’s oil sector
Mexican state-owned oil giant Pemex dominates its nation’s oil industry, but it’s also the world’s most indebted company. The global oil crisis, in part triggered by the covid-19 pandemic, spells disaster for the government’s controversial plans for the industry, but more private sector involvement could be the silver lining to come.
Could Central America benefit from a unified front against covid-19?
Governments in Central America – a region historically plagued by crime and social unrest – have produced varying responses to the covid-19 pandemic. But the region has banded together before to tackle natural disasters, immigration issues and violence – could it do the same against covid-19?
Moving the goalposts: a covid-19 vaccine poses risk to patent-holders
Covid-19 has put the world on hold; most experts say the prospect of lifting lockdown measures relies heavily on finding an effective vaccine to stop the virus spreading. Several governments look set to introduce controversial compulsory licensing laws for any breakthrough vaccine to become publicly available, but legal teams in Latin Amer...
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