Brazil’s business community held its breath for a long time. But after delays, political deadlock and several alterations, a comprehensive constitutional reform changing the requirements for retirement in Brazil was approved last month and will come into force by the end of the year.
Souza, Mello e Torres has recruited a partner from Veirano Advogados to lead its dispute resolution practice.
Some 45 Latin American and international law firms have helped the region’s companies raise more than US$13.4 billion through 41 equity capital markets transactions during the first six months of 2019, according to Latin Lawyer’s latest research.
Latin Lawyer recorded 22 equity transactions in Brazil and Spanish-speaking Latin America between May and June with a combined value of more than US$8.1 billion.
Some 107 Latin American and international law firms have helped companies in the region raise nearly US$90 billion through 367 debt capital markets deals between January and June of this year, according to Latin Lawyer's data.
Latin Lawyer recorded 109 debt transactions in Brazil between May and June, worth a combined US$19.9 billion
Brazilian businessman Michael Klein has hired Spinelli Advogados to buy a stake in retailer Via Varejo through a public auction, which drew investments worth a combined 2.3 billion reais (US$590 million).
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in Rio de Janeiro and Souza, Mello e Torres in São Paulo have helped power generation company UTE GNA negotiate project financing worth US$670 million for a thermal power plant in Rio de Janeiro.
Pinheiro Neto Advogados worked on more debt capital markets deals than any other Brazilian firm between July and September, while Pinheiro Guimarães’ transactions had the highest combined deal value, according to Latin Lawyer’s latest research.
Trench Rossi Watanabe has announced it is promoting seven lawyers, in preparation for an uptick in economic growth in Brazil after the impending elections.