A United Nations Commission on International Trade Law (UNCITRAL) tribunal has declined to hear an investment treaty case brought by Spain’s Iberdrola against Guatemala over electricity tariffs on the basis that the company had raised identical claims in an unsuccessful International Centre for the Settlement of Investment Disputes (ICSID) arbitration.
Hogan Lovells LLP in New York and Mayora & Mayora SC in Guatemala City have helped Guatemala’s Banco Industrial raise US$200 million by issuing notes to support women-operated SMEs in Guatemala.
Local lawyers have questioned Guatemala’s divisive new electricity law, which impedes power distribution companies from suspending their services to customers unable to pay their bills because of the covid-19 pandemic, arguing it threatens the functionality of the country’s power sector.
Law firms that stand out for the pro bono work done by their lawyers and for their efforts to build a lasting pro bono infrastructure, both internally and in their legal market.
Mayora & Mayora SC (Guatemala) has strengthened its banking and finance practice by promoting a senior associate to partner.
Mayora & Mayora SC (Guatemala) has launched its second Honduras office by opening in San Pedro Sula, while Dentons completes its tie-up with Honduran outfit Gustavo Zacapa y Asociados.
Ahead of the publication of the 2020 edition of LACCA Approved, we take a look at the results to find out who Latin America’s leading law firm partners are, as voted for by in-house counsel.
The Vance Center has held its latest “Keep Families Together” workshop, attracting both US and Latin American pro bono lawyers who want to help migrant families separated at the Mexican-US border.
Borden Ladner Gervais LLP in Vancouver and Toronto, Mayora & Mayora SC (Guatemala) and Hernández & Cía Abogados in Lima have helped Canadian miner Pan American Silver buy national counterpart Tahoe Resources, including the troublesome Escobal silver mine in Guatemala for some US$1.1 billion.
After failing to reverse a loss against Guatemala at the International Centre for Settlement of Investment Disputes (ICSID) over electricity tariffs, Spanish company Iberdrola has brought a new treaty claim against the Central American state before the Permanent Court of Arbitration, it has emerged.