Market: Peru

Payet Rey promotes four to partnership

Peruvian Elite firm Payet, Rey, Cauvi, Pérez Abogados has added firepower to its dispute resolution, environmental and competition practices by promoting four practitioners to its senior rank.

22 December 2022

LatAm firms help UPS seal Bomi acquisition

Seven Freshfields Bruckhaus Deringer LLP offices, Brigard Urrutia in Bogotá, Brazil’s Mattos Filho and Rodrigo, Elías & Medrano Abogados in Lima have helped US delivery company UPS finalise its acquisition of Italian healthcare logistics group Bomi.

22 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

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

Cuatrecasas elects new managing partner in Peru

Cuatrecasas (Peru) has appointed Oscar Trelles as the new managing partner of its Lima office.

14 December 2022

Mexico’s Axo grows LatAm presence with retail acquisition

Mexican retailer Grupo Axo has enlisted Carey in Santiago, Mexican firms Creel, García-Cuéllar, Aiza y Enríquez SC and SMPS Legal, Peru's Rebaza, Alcázar & De Las Casas in Lima and Guyer & Regules in Montevideo to acquire Chilean clothing company Komax.

08 December 2022

Latin Lawyer Diversity Survey: a look at the results

Featured in Diversity Survey 2022

Latin Lawyer’s latest research shows that while the majority of lawyers are largely satisfied with the level of diversity at their law firms, the glass ceiling remains an undeniable truth for female practitioners when it comes to reaching the senior ranks, and black and indigenous lawyers continue to be heavily underrepresented across Latin America.

05 December 2022

KKR reduces stake in LatAm education group Laureate

Debevoise & Plimpton LLP in New York has helped US private equity group KKR divest shares in Latin American-focused university operator Laureate Education through a US$309 million secondary share offering.

02 December 2022

Peru’s evidence in Odebrecht cases leads to rift with Brazil

Brazilian prosecutors have reportedly suspended cooperation with Peru on high-profile corruption investigations because of concerns about the state’s use of evidence in arbitrations relating to Odebrecht projects.

02 December 2022

Acquisition Finance in Latin America

Featured in The Guide to Mergers & Acquisitions - Third Edition

Although the financing is obtained by the buyer, the seller is also interested in ensuring that the buyer has locked in the financing to be able to pay the purchase price at closing.

02 December 2022

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