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UK firm creates Chilean alliance

Thursday, 2nd December 2010 by Joe Rowley

Davies Arnold Cooper LLP has entered into a formal alliance with Chilean firm Seguros Lex, in a move expected to further increase the UK law firm's presence in the Latin American insurance market.

Bankruptcy victory for Muñiz and textile company

Thursday, 2nd December 2010 by Marieke Breijer

Muñiz, Ramírez, Pérez-Taiman & Olaya has helped Peruvian clothing manufacturer Textil San Cristobal obtain a favourable ruling in its bankruptcy procedure after one creditor rejected repayment terms of 30 years.

Government financing "key to ensuring London 2012 is on target", says Freshfields

London's Olympic stadium, two years to go

Wednesday, 1st December 2010 by Clare Bolton

Tim Jones, the managing partner of Freshfields Bruckhaus Deringer LLP's London office and a speaker at next week's Latin Lawyer Project Finance and Infrastructure Conference, says that the decision to use wholly public financing for the London 2012 Olympic Games "has ensured the preparation has survived the market crash unscathed".

Swiss company applies to be occasional insurer in Brazil

Wednesday, 1st December 2010 by Joe Rowley

Trench, Rossi e Watanabe Advogados, the Brazilian arm of Baker & McKenzie LLP, has advised Swiss reinsurer Infrassure in its application as an occasional insurer in Brazil.

Yale to return Machu Picchu artefacts to Peru

Wednesday, 1st December 2010 by Marieke Breijer

Yale University has ended its legal battle with the Republic of Peru by agreeing to return historical artefacts removed almost 100 years ago from the area of Machu Picchu. Key artefacts are expected home in time for the centenary of the scientific discovery of the Incan city.

Upland to look for non-conventional hydrocarbons

Wednesday, 1st December 2010 by Joe Rowley

Hydrocarbons exploration company Upland Oil & Gas has signed a regional studies agreement with Peru's state-owned oil company, Perupetro, to determine the presence of non-conventional hydrocarbon resources that can be commercially exploited in the country. The study could lead to the first ever licence contract being awarded for the exploration of such hydrocarbons in Peru.

Nicaraguan wind energy project secures financing

Wednesday, 1st December 2010 by Marieke Breijer

Clifford Chance LLP and Molina & Asociados have helped an AEI-owned wind power generating plant in Nicaragua access US$50 million in funding.

Lexincorp settles US$10 million arbitration case in Honduras

Wednesday, 1st December 2010 by Marieke Breijer

Lexincorp has helped Desarrollos Terrestres de Honduras settle a dispute with Norcontrol Guatemala over the interpretation of a contract for the construction of transmission towers.

BP turns to Sullivan and Mitrani for Argentine sale

BP has sold off its Argentine assets to Bridas Corporation

Tuesday, 30th November 2010 by Marieke Breijer

Sullivan & Cromwell LLP and Argentina's Mitrani, Caballero, Rosso Alba, Francia, Ojam & Ruiz Moreno are assisting BP in raising US$7.1 billion from the sale of Pan American Energy, as part of the oil company's efforts to meet the costs of the oil spill in the Gulf of Mexico earlier this year.

Argentina to launch ethics committee

Tuesday, 30th November 2010 by Joe Rowley

A committee that seeks to promote best practices in ethics and compliance will be launched in Argentina tomorrow, with the aim of encouraging businesses and law firms within the country to apply ethical, as well as legal, principles to corporate governance, control and transparency practices.

Mattos Filho assists in ethanol pipeline venture

Tuesday, 30th November 2010 by Marieke Breijer

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has assisted the in-house counsel of Copersucar, Cosan and Uniduto in the companies' role in constructing a US$3.3 billion pipeline to link Brazil's sugar cane fields to the country's industrial centres in São Paulo state.

Cavelier sets out plans for Posse

Tuesday, 30th November 2010 by Rosie Cresswell

Ernesto Cavelier says he has big ambitions for his new IP team at Posse, Herrera & Ruiz Abogados, adding that he expects his former firm, which he left after more than 20 years, to continue as usual.

Shell and Vale enter partnership

Tuesday, 30th November 2010 by Marieke Breijer

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados and Vale's in-house counsel are helping the Brazilian company enter into a partnership with Shell to explore five onshore oil concessions in the São Francisco basin in the state of Minas Gerais.

Promotions at Latham & Watkins

Tuesday, 30th November 2010 by Joe Rowley

Project finance lawyer Luis Torres, who specialises in energy and infrastructure projects work in Latin America and the Caribbean, is among 20 associates elected to counsel at Latham & Watkins LLP. In the same round of promotions, drawn from just under half of the firm's 30 offices around the world, 20 lawyers were made partner, with Chicago boasting the greatest number at seven.

Antitrust agencies have "a great responsibility" for Brazil's future

CADE's acting president Fernando Furlan described the settlement reached with beer company AmBev as "a great leap, gaining important global recognition of our work."

Monday, 29th November 2010 by Clare Bolton

The heads of Brazil's antitrust agencies told the IBRAC Conference in São Paulo on Friday that they have an important role to play as the Brazilian economy booms.

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