Sandra Reed-Serrano in our news

LATAM Airlines gets additional US$750 million DIP financing

LATAM Airlines has hired several international and Latin American law firms to obtain an additional US$750 million debtor-in-possession (DIP) financing, part of the aviation group’s Chapter 11 bankruptcy proceedings.

24 November 2021

Ecuador issues largest-ever gun-jumping fine

Ecuador’s competition authority has fined the conglomerate Sia Products over €2 million (US$2.6 million) for failing to notify the establishment of a new trust that gave it majority control over a paper products maker, marking the largest sanction the enforcer has ever imposed for gun-jumping.

12 November 2021

Ecuadorean firms hatch poultry acquisition

Ecuador’s Procesadora Nacional de Alimentos (Pronaca) has enlisted Pérez Bustamante & Ponce (PBP) to acquire Avesca, a local egg producer.

11 October 2021

Several firms help Canada’s Atico buy Ecuadorean miner

Canadian mining company Atico has relied on Spingarn & Marks in Quito to acquire the remaining stake it did not already own in Ecuadorean counterpart Compañia Minera La Plata (CMLP) for US$10 million.

30 September 2021

Halliburton brings arbitration claim against Petroecuador

A subsidiary of US oil services giant Halliburton has brought an United Nations Commission on International Trade Law (UNCITRAL) claim against Ecuador’s national oil company.

10 September 2021

Arca buys Ecuadorean snacks producer Carlisnacks

Mexico’s Arca Continental has relied on Pérez Bustamante & Ponce (PBP) in Quito and Salaverri, Burgio & Wetzler Malbrán in Buenos Aires to purchase Ecuadorean snacks producer Carlisnacks.

08 September 2021

Plastics maker issues Peru’s first global sustainability-linked bond

Peruvian plastic packaging company San Miguel Industrias (SMI) has hired Skadden, Arps, Slate, Meagher & Flom LLP in New York and BBGS Abogados (Peru) to issue sustainability-linked bonds and launch a tender offer, with both transactions worth a total of US$585 million.

16 August 2021

Multiple firms steer Lumen’s US$2.7 billion LatAm business sale

US private equity company Stonepeak has enlisted Simpson Thacher & Bartlett LLP in New York and Palo Alto as lead international counsel to buy Lumen Technologies’ Latin American business for US$2.7 billion.

05 August 2021

Ecuador to rejoin ICSID

In a major policy reversal, a new government in Ecuador has signed the International Centre for Settlement of Investment Disputes (ICSID) Convention more than a decade after the state withdrew from the treaty.

23 June 2021

Pro Bono Law Firm of the Year: Pérez Bustamante & Ponce

Through Fundación Fabián Ponce Ordóñez – an organisation dedicated to providing free legal help to those in need – Ecuador’s Pérez Bustamante & Ponce has handled over 30,000 pro bono cases (and counting), impacting the lives of more than 150,000 people to date. For championing a resolute commitment to pro bono work in Latin America’s legal community, it is Latin Lawyer’s Pro Bono Law Firm of the Year.

03 June 2021

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