Market: Peru

Baker Botts LLP forms Latin American environmental lawyer network

On December 7, Baker Botts announced the formation of what James DeMent called, "a selective network of independent law firms for the exchange of information about environmental law in the region".

07 December 2000

Mining: Billiton agrees to acquire northern Peru copper property for US$35 million

A wholly-owned subsidiary of UK's Billiton Plc, one of the world's major resource groups, signed an agreement on December 1, 2000 to purchase La Granja copper property from Cambior Inc of Canada.

01 December 2000

Estudio Luis Echecopar expands electricity, energy and telecoms practices

December 2000 - As part of the globalising trend seen throughout Latin American practices, the Peruvian firm announced the incorporation of Tovar, Silva Santisteban, Abogados.

01 December 2000

Frankfurt-led consortium wins Peru airport bid

With an offer of US$1.2billion, the Flughafen Frankfurt/Main, Bechtel Enterprises and Cosapi SA consortium was awarded the bid for the privatisation of Lima's Jorge Chávez airport on November 15.

15 November 2000

Grasty Quintana and Morales, Noguera in water utility transaction

UK's Thames Water was officially awarded the bid for 42 per cent of Essbio the Chilean state water company in the eighth region before the October 6 2000 deadline.

06 October 2000

New electricity regulations approved

On September 18, Supreme Decree No. 017-2000-EM was published in 'El Peruano' approving the regulations applicable to the 'Commercialisation of Electricity within a Non Regulated Rate System'.

18 September 2000

New international public bid in the mining sector

On September 15, as part of Peru's ongoing privatisation process, the government called an international public bid (which was publicly released on September 18) for the transfer of the mining concession of La Granja to a new investor.

15 September 2000

New common system of industrial property in the Andean countries

Decision 486 was approved and published in the Official Gazette in Lima, Perú on September 14, 2000. This new intellectual property system will replace the regulations contained in Decision 344 of the Cartagena Agreement Commission.

14 September 2000

Regulation of Legal Stability Agreements

Law 27,343 published on September 6, 2000 establishes that contracts executed under the Organic Law on Oil, (No. 26,621), as well as contracts providing guarantees and rules for the promotion of mining investments, may only include tax stability benefits in respect of current taxes (excluding fees and contributions).

06 September 2000

All change for Indecopi

August 30 saw the resignation of Ms Beatriz Boza from her post as the president of the Peruvian National Institute for the Defence of Competition and the Protection of Intellectual Property (Indecopi).

30 August 2000

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