Baker McKenzie LLP’s offices in New York, Bogotá, Buenos Aires, São Paulo, Lima and Zurich; and Richards Kibbe & Orbe LLP in New York, have helped Farallon Capital Management lend US$40 million to Austrian pharmaceutical company Pint Pharma.
Asset manager Argentum Investments has hired Sullivan & Cromwell LLP in New York and local firm Pérez Alati, Grondona, Benites, Arntsen & Martinez De Hoz (h) to purchase two hotels in Buenos Aires for US$105 million.
Baker McKenzie in Buenos Aires and New York has helped Argentine oil company Medanito obtain a syndicated loan of US$80 million.
The incoming head of Baker McKenzie’s Latin America regional council, Jaime Trujillo, says he aims to consolidate the firm’s extensive network and experience in Latin America, but does not envisage further expansion.
Jaime Trujillo has stepped down as managing partner of Baker McKenzie’s Colombia office to become the firm’s Latin America chair.
Baker McKenzie LLP has added 10 new partners across Argentina, Brazil, Colombia, Chile, Mexico and Peru in the last seven months, strengthening multiple practice areas and restocking its ranks after several departures.
As Argentina inches closer to introducing corporate criminal liability for bribery offences, lawyers say prosecutors will need to apply some creative thinking if they want to settle one of the country's most high-profile corruption scandals.
Marval, O'Farrell & Mairal in Buenos Aires and Stroock & Stroock & Lavan LLP in New York have helped US hedge fund Fir Tree Partners (FTP) acquire two million shares of outstanding common stock in US oilfield services company Eco-Stim Energy Solutions, as part of the latter’s recapitalisation programme.
Holland & Knight LLP’s New York, Miami, Tampa and Bogotá offices have helped Canadian investor Stoneway Capital Corporation make a US$500 million bond offering to finance a thermal power project in Buenos Aires province – the first use of project bonds in Argentina for a quarter of a century.
Cleary Gottlieb Steen & Hamilton LLP, Brazil’s Souza, Cescon, Barrieu & Flesch Advogados and Baker McKenzie (Argentina) have helped Brazilian mining giant Vale sell the bulk of its fertiliser business to US phosphates company Mosaic for US$2.5 billion.