Market: Latin America & Caribbean

Mitrani Caballero boosts labour practice with promotion

Argentine Elite firm Mitrani Caballero & Ruiz Moreno has strengthened its labour and social security law practice by promoting a lawyer to its senior rank.

21 July 2022

Araújo e Policastro strengthens energy offering

Brazilian Highly Recommended firm Araújo e Policastro Advogados has bolstered its energy offering by adding an independent practitioner as partner.

21 July 2022

Register now for Latin Lawyer Live: Private Equity 2022

The programme for our upcoming Latin Lawyer Live: Private Equity 2022 conference in New York is now available online.

21 July 2022

Shell invests in Brazilian carbon credit trader

Trench Rossi Watanabe has helped the Brazilian subsidiary of energy giant Shell acquire a minority stake in local carbon credits company Carbonext for US$40 million.

21 July 2022

Crédito Real seeks Chapter 15 recognition of Mexican liquidation

Shadow bank Crédito Real is seeking Chapter 15 recognition of its recently-ordered Mexican liquidation in Delaware to protect its US assets, as it looks to dismiss an involuntary Chapter 11 proceeding launched by creditors in New York last month.

21 July 2022

Ceramics group raises funds to refinance debt in Mexico

Several firms have helped Mexico’s Grupo Lamosa obtain US$197 million through two separate loan and securities transactions, the proceeds of which it will use to repay existing debt.

21 July 2022

Argentina’s IRSA completes US$239 million exchange offer

Argentine real estate developer IRSA has hired Simpson Thacher & Bartlett LLP in New York and Zang, Bergel & Viñes Abogados in Buenos Aires to carry out an exchange offer of nearly US$239 million.

20 July 2022

Bogotá buses drive home financing 

Two offices of Clifford Chance LLP and Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) have helped French and Colombian development banks lend US$130 million to the Bogotá bus system TransMilenio for the acquisition of an electric bus fleet.

20 July 2022

DOJ charges two asset managers in Venezuelan bribery scheme

The US Department of Justice (DOJ) has charged two financial asset managers for their alleged role in a scheme to launder an estimated US$1.2 billion in funds corruptly obtained from Venezuela’s state oil company, Petróleos de Venezuela (PDVSA).

20 July 2022

US and Danish investors snap up Peruvian payment business

US investment fund Nuveen Global Impact Strategy and Denmark’s Maj Invest have enlisted Rodrigo, Elías & Medrano Abogados in Lima to buy a controlling stake in Maryland-based payment network GTV Globokasnet (GKN), a deal that hands them the Peruvian subsidiary Globokas.

20 July 2022

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