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Latin America tops rankings for FCPA bribery prosecutions

Monday, 24th October 2011 by Joe Rowley

Bribes paid by US citizens during business deals in Latin America are most likely to result in prosecution under the US Foreign Corrupt Practices Act (FCPA), according to a report recently published by Chadbourne & Parke LLP.

Brazilian infrastructure lawyers call for increased privatisation

Friday, 21st October 2011 by Rachel Hall

We are better at talking than making things happen, said Marcal Justen Filho, referring to the Brazilian legal system at Thursday’s II Brazil Infrastructure Investments Forum. The founder and partner at Justen, Pereira, Oliveira & Talamini Advogados took to the stage to call for more US-style pragmatism in Brazilian infrastructure law.

Chile take steps towards future as Latin American entrepreneurship hub

Thursday, 20th October 2011 by Rachel Hall

The website looks like that of any clued-up internet entrepreneur – a regularly updated Twitter feed, personal testimonies from the programme’s beneficiaries in embedded video clips, and a blog charting the site’s progress. But Start-Up Chile is trying to do more than just sell a product; it’s trying to sell an entire country to the next generation of entrepreneurs.

Barrios & Fuentes closes double hydrocarbon contracts

Wednesday, 19th October 2011 by Joe Rowley

Peru’s Barrios & Fuentes, Abogados has closed two hydrocarbon block contracts within a week for the UK’s Pitkin Petroleum and Colombian state-owned oil company Ecopetrol.

Pinheiro Neto and Veirano close sale of first private airport concession

Tuesday, 18th October 2011

Pinheiro Neto Advogados and Veirano have landed roles on the first sale of an airport concession between private companies in Brazil, in a deal which it is hoped will afford them a competitive advantage as the sector is more broadly privatised.

US free trade agreements could go further, say lawyers

Lawyers say the US free trade agreements could be tightened up to avoid confusion.

Friday, 14th October 2011 by Joe Rowley

On Wednesday the US approved three free trade agreements (FTAs) with South Korea, Colombia and Panama worth an estimated US$13 billion, but lawyers say substantial barriers still remain in some industries and settlement mechanisms in the bills raise a number of questions over who would have jurisdiction should a dispute arise.

Brazil’s appeals court overturns Kirin injunction

Thursday, 13th October 2011 by Joe Rowley

TozziniFreire Advogados has helped Japanese drinks company Kirin win a decision from São Paulo's Superior Court of Justice overturning an injunction preventing its merger with Brazil's second-largest brewer.

Ecuador competition law passed

Thursday, 13th October 2011 by Matthew Pountney

Ecuador's President Rafael Correa has passed the countrys first competition law, two weeks after it was cleared by the legislature.

Brazil’s Congress approves antitrust bill

Thursday, 6th October 2011 by Rachel Bull and Joe Rowley

After a year of political wrangling, Brazil's Congress yesterday approved a new antitrust bill with President Dilma Rousseff expected to sign it into law within the next few days.

LAN and TAM challenge merger conditions

Thursday, 6th October 2011 by Joe Rowley

Chilean flag carrier LAN and Brazilian airline TAM are appealing against three of the 11 conditions imposed on their merger by Chile's antitrust tribunal, TDLC.

Kirin bids for minority stake in Brazilian brewer

Tuesday, 4th October 2011 by Joe Rowley

Japanese brewer Kirin Holding has made a 2 billion reais (US$1.08 billion) bid to buy out the minority shareholders in Brazilian brewer Schincariol Participações e Representações, after they opposed its planned acquisition of the majority stakeholder.

‘Ecocide’ crime needs greater definition for Brazil, say lawyers

The ecocide law would make companies criminally responsible for environmental disasters like oil spills.

Monday, 3rd October 2011 by Joe Rowley

On Friday the UK's Supreme Court played host to a mock trial testing the concept of environmental genocide as an international crime against peace, but lawyers in Brazil say the concept needs to be better defined before it can be applied in Latin America.

Consumers key to economic powerhouse, says Lula

Monday, 3rd October 2011 by Rosie Scammell

Creating consumers is the way to solve the global economic crisis Brazil's former president, Luiz Inácio Lula da Silva, told an audience in London on Friday.

Annulment proceeding continues after double challenge

Thursday, 29th September 2011 by Clemmie Spalton

Proceedings to overturn an ICSID award in favour of Panama have resumed after US applicants succeeded in dislodging one committee member but failed in their bid to disqualify another.

New Brazilian oil law needs clarification, say lawyers

Lawyers say Brazil's proposed oil law needs cleaning up to avoid legal challenges.

Wednesday, 28th September 2011 by Joe Rowley

As Brazil's government agrees to give away a greater share of future oil revenues to defeat a political standoff in Congress over proposed reforms to oil royalties, lawyers say the bill is 'dubious and silent' over how it will be applied to oil sharing contracts, as well as unconstitutional and unfair to oil producing states.

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