Market: Argentina

Uruguay's Hughes & Hughes helps Argentine bank set up brokerage

Argentina’s Grupo Financiero Galicia has relied on Hughes & Hughes in Montevideo to obtain a license to operate as a securities broker in Uruguay.

17 August 2021

Argentine laboratory raises funds to develop Sputnik vaccine

Pharmaceutical company Laboratorios Richmond has raised US$85 million to develop Russia’s Sputnik V covid-19 vaccine in Argentina, launching a public offering that called on local counsel from Nicholson y Cano Abogados and Tavarone, Rovelli, Salim & Miani.

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

GEMSA gets power financing in Argentina

Argentina’s Generación Mediterránea (GEMSA) has enlisted Simpson Thacher & Bartlett LLP in New York and Salaverri, Burgio & Wetzler Malbrán in Buenos Aires to raise US$130 million in a bond issuance to fund the expansion of a power plant.

05 August 2021

Bruchou and Tanoira Cassagne in YPF bond issuance

Argentine state-controlled oil company YPF has enlisted Bruchou, Fernández Madero & Lombardi to raise US$384 million in a bond issuance.

05 August 2021

Deloitte Legal poaches EY Law partner in Guatemala

Deloitte Legal in Guatemala City has strengthened its corporate and M&A offering by hiring Ruby Asturias from Latin Lawyer 250 firm EY Law (Guatemala), in the same month that the firm also added a labour partner in Argentina.

29 July 2021

Estudio O’Farrell promotes in Argentina

Estudio O’Farrell Abogados has bolstered its labour practice by promoting a lawyer to partner.

29 July 2021

AT&T sells LatAm assets to Argentina’s Grupo Werthein

Argentina’s Grupo Werthein has enlisted four Skadden, Arps, Slate, Meagher & Flom LLP offices and Bruchou, Fernández Madero & Lombardi in Buenos Aires as lead Latin American counsel to acquire regional entertainment company Vrio from US telecommunications group AT&T.

27 July 2021

Poor political will plagues anti-corruption efforts in Latin America

A study by the Vance Center’s Lawyers Council for Civil and Economic Rights has revealed that several anti-corruption agencies in Latin America lack sufficient independence from government powers to operate effectively, while the absence of political will to fight white-collar crime is dragging the region behind in its anti-corruption efforts.

22 July 2021

Argentine fertiliser maker issues inaugural bonds

Argentine fertiliser manufacturer Profertil has enlisted local law firm Severgnini, Robiola, Grinberg & Tombeur to make an inaugural bond issuance worth US$25 million.

22 July 2021

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