While 2016 marked the rise of populism in the US and Europe, in Latin America business-friendly administrations took the reins of several of the region’s countries. With this in mind, law firms stocked up departments in preparation for an expected uptick in transactional work. Latin Lawyer takes a look at the most significant of these developments.
Mexico’s Müggenburg, Gorches y Peñalosa, SC has opened an office in Guadalajara, western Mexico, hiring the former general counsel of beverage maker Brown-Forman Mexico to lead the office.
Mexican brewery Grupo Modelo has won an ICC arbitration with Guatemalan partners who sold imitation Corona beers in the US and Australia – but failed to secure moral damages for alleged harm caused to the brand.
Müggenburg, Gorches y Peñalosa, SC has hired a former in-house counsel of US-based pharmaceuticals company Merck as a corporate partner.
Brazilian law firm alliance Aliança de Advocacia Empresarial (ALAE) has added two new member firms in Peru and Ecuador.
Müggenburg, Gorches, Peñalosa y Sepúlveda has become the first Mexican law firm to join the Aliança de Advocacia Empresarial (ALAE) – a corporate law firm alliance strongly established in Brazil and present in six other Latin American countries.
Differences in opinion over the most appropriate path to institutionalisation were at the heart of the disagreement at Creel, García-Cuéllar, Aiza y Enriquez SC which saw a third of the partnership set up Creel Abogados on Monday, once again highlighting the challenges of building an institution in Mexico’s legal market.
Mexican firm Muggenburg, Gorches, Penalosa y Sepulveda SC has promoted Jorge Aguilar de Alba from senior associate to partner on 1 January.
In Mexico, the crisis has cut right across an epochal shift in the legal market, in which clients, driving for efficiency, are increasingly pitting firms against each other - and happily swapping between them. This has created the ideal setting for ferocious competition, the senior partners of Mexico’s leading firms told us at a round table