Market: Peru

New partner for Estudio Luis Echecopar Garcia

Cecilia Blume, specialising in energy, oil and gas; concessions and privatisations became a partner of the firm as of August 7, 2000.

07 August 2000

Patenting of biotechnology in July draft of the new industrial property decision

The Andean Community countries (Colombia, Venezuela, Ecuador, Peru and Bolivia) are about to replace their common regime on industrial property with a new, purportedly TRIPS-compliant decision.

01 July 2000

Telefónica SA launches intenational share exchange offer - June 1, 2000

The share swap plan, announced in January, involves an offering of a quarter of the companies' value and will consolidate Telefónica's presence in Latin America.

01 June 2000

New Digital Signatures and Digital Certificates Law

Law No. 27269, published on May 28, 2000 in the official gazette came into force the following day.

28 May 2000

Near monopoly in beer production as the largest producer acquires Cervesur

The public offering by Unión de Cervecerías Peruanas Backus & Johnston SAA (Backus) of Cervecería del Sur del Perú SAA (Cervesur) closed on May 26, 2000.

26 May 2000

Civil Air Law No. 27261 published

The aim of the law, published on 10 May, 2000, is to develop air traffic to Peru and to encourage tourism.

10 May 2000

Privatisation of the PCS Mobile Systems concession goes ahead

The privatisation of the PCS Systems was sucessfully concluded on May 8 with the awarding of the concession to Telecom Italia Mobile (STET) for US$180 million.

08 May 2000

New banking and finance partner for Rodrigo, Elías & Medrano Abogados SCRL

Gino Sangalli, general counsel for Banco Wiese Sudameris for eight years, joined the Banking and Finance Law Group at Rodrigo, Elías & Medrano Abogados as of May 2, 2000. Prior to working with Banco Wiese Sudameris he acted as general counsel for Banco Exterior de los Andes y de España - Extebandes (today Banco Standard Chartered) as well as secretary general and board secretary for Banco de la Nación.

02 May 2000

Backus purchases majority stake in Cervesur

The Beer Group Backus (Unión de Cervecerías Backus & Johnston SA) purchased a majority stake in Compañía Cervecera del Sur del Perú SA, the second largest beer manufacturer in Peru and the only remaining independent one.

21 April 2000

Government approves final version of concession contract for airport privatisation

On 7 March 2000 the Government informed each of the 8 pre-qualified bidders for the privatisation of Lima's Jorge Chávez International Airport that the final version of the concession contract has been approved and that the concession will be awarded.

07 March 2000

Get unlimited access to all Latin Lawyer content