Herbert Smith Freehills in our news

UK car dealer Inchcape buys Chilean counterpart Derco

British automotive company Inchcape has enlisted Herbert Smith Freehills in London, Claro & Cía in Santiago, Brigard Urrutia in Bogotá, Bolivian firm PPO Abogados and Rodrigo, Elías & Medrano Abogados in Lima to acquire Chilean counterpart Derco for £1.3 billion (US$1.5 billion).

11 August 2022

Leading practitioners meet for Latin Lawyer arbitration conference

Lawyers from major law firms in Latin America and the US met on 25 May in Miami for the 5th edition of Latin Lawyer and Global Arbitration Review’s Arbitration Summit to discuss the legal and strategic implications of climate change, the covid-19 pandemic and human rights on arbitration in the region.

26 May 2022

Mercuria funds Seacrest’s Brazilian oil asset acquisitions

Multinational energy group Mercuria has turned to Herbert Smith Freehills in London, two offices of Brazilian firm Lefosse and Ferrere (Uruguay) to make debt and minority equity investments in Bermudan private equity manager Seacrest.

25 May 2022

Colombian port completes US$524 million financing

The New York and Paris offices of Herbert Smith Freehills and Posse Herrera Ruiz in Bogotá have helped a group of project sponsors obtain a US$524 million financing to develop a port in northern Colombia.

04 May 2022

Rio Tinto bets on Argentine lithium with US$825 million deal

Baker McKenzie LLP in London and Buenos Aires has helped Anglo-Australian mining company Rio Tinto acquire a lithium project in northern Argentina from the local subsidiary of Australian counterpart Rincon Resources for US$825 million.

31 January 2022

Court upholds Occidental fine over Ecuadorean oil field

A US court has confirmed an award requiring Occidental Petroleum to pay more than US$500 million to its Chinese-owned former partner in an oil block in Ecuador, rejecting arguments that an arbitrator’s failure to disclose a professional relationship with a member of the award creditor’s counsel team amounted to a “fraud”.

22 November 2021

Australian miner enters Chile with Sierra Gorda buy

Cariola Díez Pérez-Cotapos in Santiago and UK-Australian firm Herbert Smith Freehills have helped Australian miner South32 buy a stake in Chilean copper mine Sierra Gorda from Japanese conglomerate Sumitomo in a deal worth over US$2 billion.

19 October 2021

Brazilian sandal maker and investment fund enter US$100 million JV

Herbert Smith Freehills LLP in London and BMA - Barbosa, Müssnich, Aragão in São Paulo have helped Brazilian investment fund 3G Radar enter into a US$100 million joint venture with the world’s largest sandal manufacturer Grendene.

14 October 2021

Brazilian investment group Patria hires new global GC

Pedro Rufino Carvalho, former co-head of the Latin America practice at UK-Australian firm Herbert Smith Freehills, tells LACCA about what motivated him to return in-house, and why patience and strong communication channels are key to the success of an in-house team.

04 October 2021

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