Market: International

Baker McKenzie promotes in Mexico and New York

Baker McKenzie LLP has promoted nine lawyers to partner across its five Mexican offices and elevated a Latin America-focused practitioner to its senior rank in New York.

21 December 2022

Germany’s Oppenhoff bolsters LatAm desk with Chilean partner

German law firm Oppenhoff & Partner has promoted a Chilean M&A lawyer, who also co-heads the firm's Latin America desk, to its senior rank.

21 December 2022

JCHX partners with Canada’s Cordoba for mining JV in Colombia

Clifford Chance LLP in Beijing and Colombia’s Gómez-Pinzón have helped Chinese engineering company JCHX Mining Management enter a landmark US$100 million agreement to develop one of Colombia’s largest copper mines with Canada’s Cordoba Minerals.

21 December 2022

Crescera completes investment in Brazilian education group Vitru

Two Davis Polk & Wardwell LLP offices and Brazilian firm Lefosse in São Paulo have helped Brazilian education group Vitru make two private shares offerings worth a combined 300 million reais (US$59 million), handing local investor Crescera Capital new equity in the company.

21 December 2022

US court dismisses last challenge to LATAM Chapter 11 plan

Dismissing the last remaining dispute over LATAM Airlines’ Chapter 11 plan, the US’s Second Circuit Court of Appeals has addressed for the first time whether a debtor has to pay post-petition interest (PPI) to unsecured creditors to be able to treat them as unimpaired.

20 December 2022

Constellation finalises second restructuring

Global oil group Constellation has completed the last step of its global reorganisation after its Caribbean subsidiary secured US recognition of a British Virgin Islands provisional liquidation for the second time in two years.

19 December 2022

Familiar firms return for El Salvador tender offer

The Republic of El Salvador has instructed Arnold & Porter in Washington, DC to make a US$74 million tender offer to buy back existing bonds, amid speculation the country could default on its sovereign debt.

19 December 2022

Mexican tiles company lays down loan

Mexican tiles manufacturer Interceramic has hired Galicia Abogados in Mexico City to obtain a US$190 million credit line.

16 December 2022

Grupo Energía Bogotá gets US$509 million loan

Holland & Knight LLP in New York and Colombian firm Mosquera Abogados have helped Grupo Energía Bogotá (GEB) obtain a US$509 million loan.

15 December 2022

Peru ordered to pay in land bonds dispute

A divided International Centre for Settlement of Investment Disputes (ICSID) tribunal has ordered Peru to pay US$100 million to a US hedge fund in a dispute over land bonds issued half a century ago by its former left-wing military dictatorship in exchange for expropriated farmland.

15 December 2022

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