News

International investors halve stake in Chile’s Consorcio Financiero

Carey has helped the International Finance Corporation (IFC) and US private equity investor Calverton each sell half of their stakes in Chilean finance group Consorcio Financiero for US$87 million.

09 August 2022

Colombian firms brace for first left-wing government

As the Andean nation inaugurates Gustavo Petro as its first-ever leftist president, Colombian law firms are preparing for radical changes in the energy sector, as well as tax reform and an increased focus on climate change and ESG.

08 August 2022

Rio Grande do Sul finalises energy privatisation in Brazil

Machado Meyer Advogados has helped the southern Brazilian state of Rio Grande do Sul divest its entire stake in government-run power generation company CEEE-G, which is the final entity to be auctioned off in that state’s energy privatisation process.

08 August 2022

Brazilian pulp arbitration award survives hacking allegations

A Brazilian court has upheld an International Chamber of Commerce (ICC) award in an acrimonious dispute over the multibillion-dollar sale of a pulp producer, dismissing allegations the procedure was tainted by a cyberattack and a conflict of interests and awarding US$114 million in legal fees to the winning side.

08 August 2022

Carey shines in Tianqi’s Hong Kong IPO

Latham & Watkins LLP in Hong Kong and Carey in Santiago have helped Chinese lithium company Tianqi – a shareholder in Sociedad Química y Minera de Chile (SQM) – raise US$2 billion in an initial public offering, the largest in Hong Kong so far this year.

08 August 2022

Peruvian firms steer agribusiness deal

Miranda & Amado has helped Peruvian agribusiness Complejo Agroindustrial Beta obtain a US$92 million credit line to refinance its existing debt and acquire a portfolio of land.

08 August 2022

Shearman restocks LatAm offering

Shearman & Sterling LLP has reinforced its Latin American offering by elevating two lawyers to its partnership and promoting one associate to counsel, which comes after a string of recent departures from the US firm’s regional practice group.

05 August 2022

Austrian company invests in Paraguayan paper producer

Austrian pulp and paper company Heinzel has called on Hughes Hubbard & Reed LLP in Miami and Ferrere (Paraguay) to acquire a minority stake in Paraguayan counterpart Paracel.

05 August 2022

ICSID counsel joins arbitration boutique Jana & Gil in Chile

Francisco Grob has left the International Centre for Settlement of Investment Disputes (ICSID) after seven years as legal counsel to join Jana & Gil Dispute Resolution, the Chilean boutique recently launched by former members of Bofill Mir & Álvarez Jana Abogados.

05 August 2022

Colombia's FDN gets US$238 million credit line

The Washington, DC office of Clifford Chance LLP has helped Colombian development bank Financiera de Desarrollo Nacional (FDN) obtain a 1 trillion pesos (US$238 million) loan from BBVA.

05 August 2022

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