Market: International

Samarco dam victims to have their day in English court

The English Court of Appeal has ruled in favour of the victims of the Samarco Mineração dam collapse, which killed 19 people and resulted in Brazil’s worst environmental disaster, meaning the previously launched US$6.6 billion lawsuit against multinational BHP can be heard in English courts.

18 July 2022

Marval and Aranguren seal potato business buy

US food processing company Lamb Weston has enlisted Argentina’s Marval O'Farrell Mairal to increase its stake in local frozen potato products company Lamb Weston Alimentos Modernos through a US$42 million acquisition from Sociedad Comercial del Plata (SCP).

18 July 2022

Peru sees off bulk of arbitration claim over motorway project

Peru says it has knocked out most of a US$150 million International Centre for Settlement of Investment Disputes (ICSID) claim by a construction contractor over a delayed project to improve a stretch of the Pan-American Highway.

18 July 2022

Winston & Strawn adds more LatAm experience in Miami

Winston & Strawn LLP has nabbed a Greenberg Traurig LLP partner with Latin American experience, boosting its transactional capabilities in its newly-opened Miami office.

15 July 2022

Ecuadorean tram disputes reach end of the line

Spanish and French consortiums have won damages – though far less than they sought – in two International Chamber of Commerce (ICC) disputes worth a combined US$75 million with an Ecuadorean municipality over the troubled construction of a tram line through a UNESCO-listed city centre.

15 July 2022

LatAm firms in US-Spain wealth manager buy

US private equity group Teleo Capital has enlisted Pérez-Llorca in Barcelona and Madrid, Carey in Chile and Peruvian firm Rodrigo, Elías & Medrano Abogados to acquire Spanish wealth manager TechRules.

15 July 2022

Womble Bond Dickinson bolsters LatAm practice

Womble Bond Dickinson has hired the head of legal for Latin America at Canadian miner Barrick Gold as partner, boosting its corporate and securities offering in the region.

14 July 2022

King & Spalding hires Jones Day LatAm partner

Prominent project finance and banking partner Fradyn Suárez has left Jones Day for King & Spalding LLP’s newly-inaugurated Miami office, bringing firepower to its Latin American offering.

13 July 2022

US telecoms group buys Chilean towers for US$930 million

Two Simpson Thacher & Bartlett LLP offices, US firm Choate Hall & Stewart LLP, Chilean outfit Barros Silva Varela & Vigil and Greenberg Traurig SC in Mexico City have helped Phoenix Tower International buy 3,800 telecommunications towers in Chile from WOM for US$930 million.

13 July 2022

Eneva raises funds to pay for power plant acquisition

Brazilian energy company Eneva has hired Stocche Forbes in São Paulo to make a follow-on share offering worth 4.2 billion reais (US$818 million).

13 July 2022

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