Market: Uruguay

Post-coronavirus wealth taxes could be a case of when, not if

The financial strain of the covid-19 pandemic has forced governments in Latin America to dig deep to cover costs. As a growing debt pile looms ever larger, some countries in the region are floating a tax on the wealthy to help foot the bill, one of several ways private wealth counsel in the region is evolving. Emily Darby reports on a practice area experiencing big changes.

29 June 2021

Codere becomes LatAm’s first listed gambling group

Davis Polk & Wardwell LLP in Madrid, New York and London has helped Spanish gambling company Codere Online combine with a Mexican special purpose acquisition company (SPAC) in a US$350 million deal that creates Latin America’s first listed gaming operator.

24 June 2021

Dentons launches free trade zone office in Uruguay

Uruguayan Latin Lawyer 250 firm Dentons Jiménez de Aréchaga has opened an office in Aguada Park in Montevideo’s free-trade zone, its second outpost in Uruguay since it launched there just over a year ago.

22 June 2021

Guyer & Regules guides Grupo Vial Oriental to PPP project

Uruguayan law firm Guyer & Regules has helped local construction company Grupo Vial Oriental sign a public-private partnership (PPP) motorway project with the Uruguayan Ministry of Transportation and Public Works.

15 June 2021

Uruguay’s first unicorn soars above target in Nasdaq IPO

Four Davis Polk & Wardwell LLP offices have helped tech company dLocal – Uruguay’s first unicorn – raise some US$710 million in an initial public offering.

11 June 2021

Two firms seal Prosegur-RedPagos deal in Uruguay

Spanish security group Prosegur has called on Ferrere (Uruguay) to acquire collection and payments company RedPagos and electronic cash issuer Midinero in Uruguay.

09 June 2021

Familiar firms return for Uruguayan sovereign bond issuance

Shearman & Sterling LLP in New York and Guyer & Regules in Montevideo have helped a group of banks underwrite the Republic of Uruguay's US$1.2 billion sovereign bond issuance.

02 June 2021

Latin Lawyer announces Elite 2021

Featured in Latin Lawyer Elite 2021

Latin Lawyer Elite firms have each carved out their own paths towards excellence and demonstrate unique areas of strength. Here, we reveal this year’s Elite.

12 May 2021

Dutch investor snaps up Uruguay’s largest wind farm

Gómez-Acebo Pombo in Madrid and Hughes & Hughes in Montevideo have helped Dutch investment group DIF Capital Partners acquire a Uruguayan subsidiary of German wind turbine manufacturer Enercon in a deal that also involved a debt refinancing.

07 May 2021

Dominican car group buys BMW distribution rights in Uruguay

Uruguayan law firm Guyer & Regules has helped Dominican car trader Magna Motors acquire Uruguay’s sole distributor of BMW vehicles, Automotores Motor Haus, for US$20 million.

28 April 2021

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