Market: Uruguay

Mercedes distributor continues LatAm expansion

Morrisons & Forrester LLP in New York, Pérez Bustamante & Ponce in Quito and Guyer & Regules in Montevideo have helped British car retailer and distributor Inchcape acquire Uruguay and Ecuador’s Mercedes-Benz trader, Autolider.

14 January 2020

Posadas, Posadas & Vecino promotes three to partner

Uruguay’s Posadas, Posadas & Vecino has strengthened its administrative, corporate and tax practices by promoting three senior associates to the partnership.

08 January 2020

Pepsi to stay another 20 years in Uruguayan free trade zone

Jiménez de Aréchaga, Viana & Brause has helped US soft drink retailer PepsiCo renew its authorisation rights for a beverage concentrate plant in a free-trade zone in the Uruguayan city of Colonia.

12 December 2019

Multiple firms agree Chilean car importer's second restructuring

Chilean car importer Automotores Gildemeister has struck a deal to restructure over US$500 million of its senior notes, with counsel from Cleary Gottlieb Steen & Hamilton LLP and a host of law firms throughout South America. By Jordan Fermanis.

10 December 2019

Sacyr-led railway project obtains largest ever PPP financing in Uruguay

Five Baker McKenzie LLP offices and Jiménez de Aréchaga, Viana & Brause in Montevideo have helped consortium Grupo Vía Central, led by Spanish constructor Sacyr, obtain the largest project financing ever in Uruguay – worth US$855 million – to fund a public-private partnership (PPP) railway project connecting Montevideo and Paso de los Toros.

05 December 2019

A balancing act

Featured in Talent management 2019

Lawyers don’t tend to leave a career in private practice to go in-house for the money, instead they’re often after better equilibrium between their professional and personal lives. Nowadays, law firms are competing better with companies on the work–life balance they offer their associates, but how successful are their efforts?

28 November 2019

Making it count

Featured in Talent management 2019

Generation Y is often thought of as a tough nut for employers to crack, so it’s positive news for law firm managing partners that a good number of today’s associates have long-term ambitions at the firms they are in. But with so many lawyers having their heart set on becoming partner and only a certain number of spots available, how can firms maintain satisfaction levels among lawyers, whether they’re on the partnership track or not?

27 November 2019

What are law firms paying associates?

Featured in Talent management 2019

Fewer Latin American law firm associates feel positive about their salaries than they did a few years ago – and for good reason, as many pay packages are not rising above inflation. But despite meagre economic growth putting paid to increases, more associates rate their wages positively than negatively.

26 November 2019

Do intensive due diligence to avoid successor liability, say speakers on M&A compliance

The ramifications of Operation Car Wash in Latin America have made successor liability one of the key aspects to consider when buying or selling in the region, making intensive due diligence top on the to-do list for M&A deals, heard delegates at Latin Lawyer’s ninth annual M&A conference in São Paulo last week.

13 November 2019

Cross-border pharma deal calls on multiple LatAm firms

Canadian publicly owned specialty pharmaceuticals company Knight Therapeutics has hired Davies Ward Phillips & Vineberg in Montréal, Pinheiro Neto Advogados in São Paulo, Ferrere (Uruguay), Brigard Urrutia in Bogotá and Beccar Varela in Buenos Aires to buy a majority stake in Uruguayan biopharmaceutical group Biotoscana, in a deal valued at 1.1 billion Brazilian reais (US$273 million).

12 November 2019

Unlock unlimited access to all Latin Lawyer content