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Demarest advises on Brazil's first solar energy PPP auction
Demarest Advogados has helped energy company HCC Projectos Elétricos present two successful bids in the first solar power public-private partnership (PPP) auctions in Brazil, with both offers worth 970 million reais (US$179 million) in total.
04 October 2022
Goulart Penteado appoints labour head with hire
A Demarest Advogados lawyer has moved to Goulart Penteado Advogados, strengthening the Brazilian disputes firm's labour department as partner and practice head.
22 September 2022
New York court blocks PJT restructuring fee in LATAM Chapter 11
Despite claiming the duration and complexities of its Chapter 11 case were unforeseen, South American airline LATAM has failed to convince a New York court to let it pay its investment banker PJT Partners an additional US$12 million restructuring fee if its plan becomes effective.
22 September 2022
Demarest helps EcoRodovias win motorway bid
In the latest of a string of public auction deals it has recently worked on, Demarest has helped local transport company EcoRodovias win a 1.24 billion reais (US$239 million) bid for a motorway in the state of São Paulo.
20 September 2022
Demarest steers consortiums to success in infrastructure bids
Demarest Advogados has helped two different consortiums place winning bids for public infrastructure assets in the Brazilian cities of Campinas and Salvador.
16 September 2022
Biotech acquisition calls on Demarest and KLA
Demarest Advogados has advised Brazilian private equity group Aqua Capital in its acquisition of a minority stake in bio-input producer SoluBio.
12 September 2022
Demarest and Lefosse land airport privatisations
Demarest Advogados and Lefosse have helped two different bidders win concessions to operate Brazilian airports.
01 September 2022
3R acquires gas fields from Petrobras
Demarest Advogados has helped Brazil’s 3R Petroleum acquire an offshore gas cluster from Petrobras for US$55 million.
24 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
ArcelorMittal spends US$2.2 billion on Brazilian steel assets
The world’s largest steel group ArcelorMittal has hired Mayer Brown LLP in Chicago and Brazilian firms Tauil & Chequer Advogados and Lefosse to buy local counterpart Companhia Siderúrgica do Pecém (CSP) for US$2.2 billion.
02 August 2022