Market: Brazil

Dias Carneiro boosts labour practice with promotion

Brazilian law firm Dias Carneiro Advogados has appointed its fourth new partner in a month, promoting a labour and employment counsel to its senior rank.

15 July 2021

Brazilian bank BRB and local broker Wiz form insurance JV

Banco de Brasília (BRB) and local insurance broker Wiz Soluções have enlisted Pinheiro Neto Advogados and Trench Rossi Watanabe, respectively, for a joint venture to set up a new brokerage company, which includes an investment of US$114 million.

15 July 2021

BMA adds white-collar crime partner

Brazil’s BMA – Barbosa, Müssnich, Aragão has strengthened its white-collar crime and investigations practice by hiring a former in-house compliance manager as partner.

14 July 2021

Brazilian real estate platform Loft acquires fintech start-up

Brazilian real estate platform Loft has relied on local law firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to acquire a 40% stake in fintech company CredPago, making it the sole owner of the business.

14 July 2021

Several firms steer hospital purchase in Brazil

Brazilian healthcare provider Grupo Mater Dei has enlisted Spinelli Advogados and Azevedo Sette Advogados to purchase a majority stake in local hospital group Porto Dias for 800 million reias (US$154 million).

14 July 2021

Trench Rossi appoints two partners

Brazilian law firm Trench Rossi Watanabe has added two new members to its partnership by hiring a data protection and technology law partner from local firm Vinhas e Redenschi Advogados and promoting a senior labour associate.

13 July 2021

Petrobras sells remaining stake in BR Distribuidora

Linklaters in New York and São Paulo and Brazil's Lefosse Advogados have helped local fuel retailer BR Distribuidora in a secondary equity offering worth 11.4 billion reais (US$2.3 billion).

13 July 2021

Brazilian gold streaming deal calls on several firms

US miner Royal Gold has hired Pinheiro Neto Advogados in São Paulo to enter a US$110 million purchase agreement for gold produced at Ero Copper’s mine in Brazil.

13 July 2021

Machado Meyer hires from SiqueiraCastro

Brazilian Latin Lawyer Elite firm Machado Meyer Advogados has bolstered its consumer protection offering by hiring a partner from local firm SiqueiraCastro.

12 July 2021

Familiar firms return for Suzano sustainability-linked bond

Cleary Gottlieb Steen & Hamilton LLP in New York and São Paulo has helped Brazilian pulp and paper giant Suzano complete another issuance of sustainability-linked notes, this time worth US$1 billion.

12 July 2021

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