Market: Argentina

Estudio O´Farrell, Tozzini, Freire and Hoet, Pelaez in website launch

On October 10, 2000 the the launch of Demarcas.com, a website specialising in trademarks and patents, was announced.

10 October 2000

Syndicated Term Facility executed locally by M&M Bomchil and Bruchou, Fernández Madero

The final US$25 million was lent to Central Termoeléctrica on September 21, with the yen equivalent of US$70 million having been lent to Central Costanera two months earlier.

17 September 2000

New legal framework for tender offers

In the last three months the National Securities Commission (Comisión Nacional de Valores - CNV), the body in charge of the supervision of the capital market in Argentina, issued two resolutions by means of which the regulatory regime for tender offers was modified.

07 September 2000

New rules for competition

On September 3 a decree was passed that will open up land line telephony services in Argentina to competition on November 9, 2000.

03 September 2000

Repsol YPF retains Severgnini, Robiola, Grinberg & Larrechea

The Spanish oil and gas company retained the Buenos Aires-based law firm in its global exchange offer with Argentine energy firm Astra Companía Argentina de Petroleo SA that concluded on August 30, 2000.

30 August 2000

White & Case LLP advises in share swap offer

The exchange of Banco de Galicia y Buenos Aires SA shares for those of Grupo Financiero Galicia SA (Grupo Galicia) closed on July 24, 2000.

24 August 2000

Decision on competition matters

On August 14, 2000 the Comisión de Defensa de la Competencia issued a decision that has finally clarified who must file the petition for approval of a merger or acquisition in Argentina.

14 August 2000

Beccar Varela and Vieira de Almeida retained in Mercosur venture

The two firms acted in the forging of a strategic alliance between Portugal Telecom, Unibanco and Banco Galicia announced on August 1, 2000.

01 August 2000

New Financial Lease Law enacted on June 8, 2000

The Law, approved by National Congress on May 10, 2000, (Law #25,248) replaces the former leasing system established by Chapter II of Law #24,441.

08 June 2000

Labour Reform Law, number 25,250

The new law, published in the Official Gazette on June 2, 2000 became effective on June 10 and according to analysts will generate more jobs.

02 June 2000

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