Market: Colombia

Deal of the Year Winner: Banking & Finance

Featured in 15th Annual Awards

When the covid-19 pandemic grounded the global travel industry, the subsequent financial strain caused Latin American aviation companies to drop off the radar one by one. Regional aviation group LATAM Airlines obtained a US$2.45 billion DIP financing from a group of international shareholders, creditors and lenders several months after the airline filed for Chapter 11 bankruptcy proceedings in New York in May 2020. This lifeline wins the banking & finance category of our Deal of the Year Awards.

24 May 2021

Deal of the Year Winner: Project Finance (Energy)

Featured in 15th Annual Awards

The combined project bond issuance and bank debt package was one of Latin America’s largest power project financings in 2020 and occurred over two concurrent cross-border transactions. The company’s multijurisdictional activities required the coordination of law firms in the US, Spain, Chile, Colombia and Panama. It is our energy project finance Deal of the Year.

24 May 2021

Colombia defeats arbitration claim by América Móvil

Colombia has prevailed in a billion-dollar International Centre for Settlement of Investment Disputes (ICSID) claim by Mexico's América Móvil over the alleged expropriation of a telecoms concession.

18 May 2021

ECIJA expands in Latin America with Colombia tie-up

ECIJA has combined with Colombian law firm Márquez Barrera Castañeda & Ramírez (MBCR), marking the Spanish firm’s entry to the Andean country.

14 May 2021

Latin Lawyer announces Elite 2021

Featured in Latin Lawyer Elite 2021

Latin Lawyer Elite firms have each carved out their own paths towards excellence and demonstrate unique areas of strength. Here, we reveal this year’s Elite.

12 May 2021

Colombian 4G project issues first social bonds

Paul Hastings LLP in New York, Washington, DC and London and Posse Herrera Ruiz in Bogotá have helped a Sacyr-owned Colombian concessionaire raise 760 million pesos (US$204 million) in a social bond issuance, the first-ever for a Latin American infrastructure project.

12 May 2021

Multiple firms in cross-border Andean Tower financing

Cleary Gottlieb Steen & Hamilton LLP in New York and São Paulo and Garrigues in Chile, Colombia and Peru have helped digital infrastructure provider Andean Telecom Partners (ATP) obtain a US$420 million financing through a capital market issuance and a loan.

11 May 2021

DLA Piper Martínez Beltrán hires ex-government energy lawyer

Colombian firm DLA Piper Martínez Beltrán has boosted its natural resources practice by recruiting the head of legal affairs at the government’s Ministry of Mines and Energy.

04 May 2021

Honorato Delaveau helps Andean fund get IDB and IFC backing

Honorato Delaveau has helped a fund controlled by Chilean investment management company HMC Administradora General de Fondos (HMC-AGF) receive a US$40 million cash injection from IDB Invest and the International Finance Corporation (IFC).

28 April 2021

Posse Herrera adds disputes firepower

Colombian law firm Posse Herrera Ruiz has strengthened its disputes and insolvency offering by promoting one of its directors to partner.

22 April 2021

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