Work Area: Shipping & Maritime

US court scuppers US$17 billion Colombian treasure hunt

A US maritime salvage company has lost its claim to US$17 billion worth of treasure on the seabed off the coast of Colombia after its right to appeal a previous Washington, DC federal court verdict on its dispute with the Colombian government expired on Monday.

26 March 2015

Rio becomes first beneficiary of government dredging scheme

Rio de Janiero has become the first city to benefit from the government’s US$1.6 billion dredging programme after Loeser e Portela Advogados helped a consortium of Dutch dredging companies led by Van Oord agree a contract to deepen the navigation channels serving the city’s port.

18 March 2015

2014: a year in review

With political and economic change on the horizon for many Latin American countries, 2014 was marked by a slew of strategic hires in the region’s legal markets. Whether it be Mexico’s energy reforms, Argentina’s upcoming presidential elections or Brazil’s newly elected parliament, law firms spent 2014 gearing up for what is expected to be a busy year ahead. Vincent Manancourt takes a look at some of the most memorable developments in Latin America’s legal markets over the last 12 months

08 January 2015

Latin Lawyer’s conference schedule for 2015

Read on to find out the confirmed dates for Latin Lawyer’s conference schedule next year, plus other events in the region from our sister publications LACCA and Global Arbitration Review.

12 December 2014

Six firms in Peruvian port finance deal

White & Case LLP’s Miami, New York, London and Mexico City offices and Hernández & Cía Abogados in Lima have helped subsidiaries of Peruvian industrial conglomerate Grupo Romero obtain project finance worth US$280 million to convert Peru’s second-largest port into the country’s main terminal for mineral shipments.

10 December 2014

Veirano and Machado Meyer in Prumo share issuance

Veirano Advogados has helped Brazilian port management company Prumo Logística issue new shares worth up to US$257 million.

27 November 2014

DLA merges with Mexican firm as former partners head for Baker

As its former Mexico City team heads to Baker & McKenzie, DLA Piper has announced it has merged with Mexican firm Gallastegui y Lozano, giving it a new partnership of seven.

29 October 2014

Von Wobeser helps extend port contract, settles dispute

Mexico’s Von Wobeser y Sierra SC has helped marine terminal operator Comercializadora La Junta extend its concession to operate in a Pacific Ocean port after settling a two-year-long arbitration with Manzanillo port authority.

20 October 2014

Sete secures loan for pre-salt drill rigs

Souza, Cescon, Barrieu e Flesch - Advogados has helped oil rig contractor Sete Brasil secure a US$250 million loan for the construction of pre-salt drill rigs.

06 October 2014

Norwegian Cruise Line buys Panama-flagged Prestige for US$3 billion

Norwegian Cruise Line has received counsel from Weil, Gotshal & Manges LLP in New York, Washington, DC and Dallas and Cravath, Swaine & Moore LLP in New York for its US$3 billion acquisition of the Panamanian-flagged Prestige Cruises International.

06 October 2014

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