Market: Brazil

Americanas secures Brazilian restructuring recognition in New York

Rio de Janeiro-headquartered retailer Americanas has secured recognition of its Brazilian restructuring in New York, as it dismissed reports that its shareholders had offered to boost a capital injection presented to creditors.

15 March 2023

Santander Brasil sells stake in car platform to Australian company

Australian company Carsales has enlisted Arnold Bloch Leibler in Sydney and Pinheiro Neto Advogados in São Paulo to acquire an additional stake in Brazilian counterpart platform Webmotors from Santander for 1.2 billion reais (US$239 million).

14 March 2023

Last chance to register to our renewables event in Cartagena

A prominent oil & gas partner from Brazil's Cescon, Barrieu, Flesch & Barreto Advogados and the lead renewable energy counsel for IDB Invest will speak at Latin Lawyer Live: Renewable Energy 2023 in Cartagena next month.

14 March 2023

Brazil’s Globo buys minority stake in advertising group Eletromidia

Brazilian media group Globo enlists BMA Advogados and Mattos Filho to acquire a minority stake in local advertising company Eletromidia.

14 March 2023

Bunge snaps ups agricultural real estate in Brazil

US agribusiness Bunge has enlisted Santos Neto Advogados to expand its Brazilian operations by buying a storage complex in the state of Mato Grosso.

13 March 2023

Brazilian data authority to start issuing LGPD fines

Brazil’s first fines under its new data protection law are expected soon after regulations for calculating and issuing penalties were approved.

10 March 2023

Tauil & Chequer and Lobo de Rizzo steer motorway projects

Tauil & Chequer Advogados in association with Mayer Brown has helped a Brazilian consortium raise 900 million reais (US$173 million) for two motorway projects in the southeastern state of Minas Gerais.

10 March 2023

Brazil’s Arezzo steps into global market with Italian footwear buy

Two Paul Hastings LLP offices and Brazil’s Stocche Forbes Advogados have helped Brazilian footwear retailer Arezzo acquire a majority stake in Italian luxury counterpart Paris Texas for 130 million reais (US$25 million).

09 March 2023

Brazilian data centre operator raises capital for refinancing

Themudo Lessa Advogados in São Paulo has helped Brazilian data centre group Ascenty issue 1 billion reais (US$194 million) worth of notes and obtain a loan to refinance existing debt.

09 March 2023

International Women’s Day Q&A series: Luciana Tornovsky

In celebration of International Women’s Day, Latin Lawyer speaks to Demarest Advogados partner Luciana Tornovsky about the prejudice she has faced as a mother in the legal industry, the areas of law where women particularly struggle to get ahead and how she is helping to generate opportunity for present and future generations of women lawyers.

08 March 2023

Unlock unlimited access to all Latin Lawyer content