Market: Peru

Muñiz, Forsyth counsel in first project bond issue in Peru

Muñiz, Forsyth, Ramírez, Pérez-Taiman & Luna-Victoria have acted as special legal counsel to Citibank, NA in the structuring of a concession project. A spokesperson for the firm says it is the first financing

20 September 2001

Barrios Fuentes Urquiaga Abogados advises on the Bristol-Myers Squibb divestiture of Clairol

Cravath, Swaine & Moore and Morgan Lewis & Bockius LLP have selected Barrios Fuentes Urquiaga Abogados as Peruvian counsel in the divestiture of the personal care products company Clairol from BMS.

14 September 2001

Estudio Rubio, Leguía Normand renegotiates Daewoo loan

Peruvian firm Estudio Rubio, Leguía, Normand & Asociados has represented the Export-Import Bank of Korea in the renegotiation of a US$5 million loan granted to Financiera Daewoo SA, which closed on July 10.

14 September 2001

Rodrigo Elías & Medrano Abogados and Uría Abogados assist in large electricity venture

Rodrigo Elías & Medrano Abogados together with Estudio Uría, Abogados have assisted Norwegian company Statkraft SF and Inversiones Hidroeléctricas del Perú SA, respectively, in obtaining an electricity generation concession for the 525 MW Cheves Project.

07 September 2001

Estudio Echecopar represents PSEG in Electroandes privatisation bid

On July 20, PSEG won the bidding in the privatisation of Electroandes SA with an offer of US$227.1 million. Other offers were presented by AES Corporation, Duke Energy International and Tractebel.

10 August 2001

Hernández & Rosselló Abogados in first merger between infrastructure concessionaires

The Ministry of Transport, Communications, Housing and Construction has authorised the merger of Concesiones de Carreteras SA, concessionaire of the Arequipa-Matarani highway, and Corporación El Ovalo SA, concessionaire of an underground parking area located in the districts of Miraflores and San Isidro.

10 August 2001

Consorcio Andino appoints Benedetti & Benedetti as local counsel

Benedetti & Benedetti has been appointed local counsel of Consorcio Andino, a joint venture formed by COSAPI of Peru; OTEPI of Venezuela and Schrader Camargo of Colombia. Consorcio has been successful in its tender for the new power line across Panama at a cost of US$49million.

10 August 2001

Barrios, Fuentes acts on behalf of OPIC on airport loan guarantee

Peruvian firm Barrios, Fuentes, Urquiaga Abogados has been appointed local counsel for OPIC in a US$106-million loan to Lima Airport Partners for the expansion and modernisation of Jorge Chavez International Airport in Lima.

03 August 2001

Peru picks Wilmer, Cutler & Pickering Partner Roberto Dañino for Prime Minister

Roberto Dañino, head of Wilmer, Cutler & Pickering’s Latin American Practice Group has been appointed Prime Minister of the Republic of Peru. Dañino, who resigned from the firm effective July 27, was nominated to the position by Peru’s incoming President Alejandro Toledo.

27 July 2001

Estudio Rosselló and Luis Hernández Berenguel, Abogados merge

Rafael Rosselló and Luis Hernández, senior partners of Estudio Rosselló and Luis Hernández Berenguel, Abogados (recommended by Latin Lawyer 250 for tax law) are to merge their two firms - effective from August 1, 2001.

27 July 2001

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