Chile’s Supreme Court has rescinded an environmental permit granted by the country’s regulatory authorities for the planned Campiche thermal power plant. 

Mexican telecoms company Telmex could find itself on a shorter leash following an investigation by the country's antitrust authority that concludes the company has too much market power. 

AIG has found a buyer for its assets in Colombia, adding to the divestments of its consumer finance units in Argentina and Mexico in the last month. 

Chilean energy company CGE has settled its long-running ICSID arbitration with Argentina over legislation introduced following the financial crisis, after renegotiating electricity tariffs with three provinces.  

George Harper of Miami-based law firm Harper Meyer is about to begin his term as the new president of the Inter-American Bar Association - the first US lawyer to take the post in over ten years. 

José Maria Alonso, the co-managing partner of Spain's Garrigues and the public face for the firm of its Latin American alliance Affinitas, is to step down from his role in September. 

Spain's Iberdrola is to sell the last of its Chilean holdings to a local electricity group for US$300 million as part of its asset divestment programme. 

Brazilian food processing group Perdigão yesterday received competition approval from the EU Commission for its takeover of rival Sadia. 

Brazil's largest sugar and ethanol group, Cosan, has completed its merger with local rival Nova América. 

Esteban Buljevich, of Argentina’s Pastoriza Eviner Cangueiro Ruiz Buljevich Abogados, has been appointed to the US Supreme Court bar, the first Argentine lawyer to become a member. 

Jones Day and Galicia y Robles SC have together advised the Grameen Trust, an organisation which uses microcredit as a tool for fighting poverty, in establishing a joint venture with Fundación Carlos Slim in Mexico. 

Mexican telecoms company América Móvil has secured a US$1 billion loan for the acquisition of telecom equipment and services, its second billion-dollar financing this year. 

Argentina's Bruchou, Fernández Madero & Lombardi and Nicholson y Cano Abogados have helped a trust managed by Banco de la Nación to issue bonds worth US$395 million on the domestic market. 

A booming UK insurance market is helping a crop of London firms with strong practices in the field invest more in their Brazil practices – with another international firm rumoured to be opening in the country soon.