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Brasília becomes the latest state to approve anti-corruption law in Brazil

The legislative chamber of the federal district of Brasília

Brasilia’s legislative chamber has approved a new law which mandates that companies working on government contracts implement internal control and integrity programmes aimed at tackling bribery and ensuring greater transparency in public private partnerships (PPPs). 

Mexico’s decision to sign ICSID Convention will bolster investments

Mexico's signing ceremony with the ICSID

Lawyers in Mexico say the country’s decision to sign the ICSID Convention is long overdue and believe the move is important for promoting and securing foreign investment ahead of the NAFTA renegotiations.

Camargo Corrêa prioritises integrity with new hire

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Camargo Corrêa Construction and Commerce (CCCC) has appointed the former GC for Siemens to develop its legal and compliance function and help the company obtain Brazil’s prestigious “pro-ethics” accreditation.

Mexican GCs expect data privacy enforcement to rise following accession to EU convention

Ensuring secure data transfers is a growing priority for companies

Lawyers in Mexico predict that the country’s Data Protection Agency (DPA) will step up its regulatory enforcement efforts to cement its place as a party to the European Union (EU) convention on the transfer and protection of personal data.

Odebrecht files claim over Peruvian pipeline project

Odebrecht is seeking to recover its investments

Brazilian construction group Odebrecht has launched an arbitration against its partners in a US$7.3 billion Peruvian gas pipeline project that collapsed in the wake of a high-profile corruption scandal – as Peru faces a second threat of a treaty claim over the same concession. By Cosmo Sanderson and Sebastian Perry

Brazilian competition authority recommends blocking glassware deal

The enforcer is concerned about market concentration.

A three-to-two merger between Brazil’s largest domestic glassware company and an international glass container manufacturer should be blocked due to the highly concentrated nature of the market and lack of rivals in Brazil, the investigative branch of the country's Administrative Council for Economic Defence (CADE) has said. By Janith Aranze

NAFTA: GCs must prepare for worst

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International business and trade experts say GCs should prepare for “a worst case scenario” as Mexico’s national elections and growing uncertainty surrounding the potential economic and social consequences of a NAFTA renegotiation are expected to delay any decision further into the year.

Chile’s proposed four-year mining plan will boost investment, say lawyers

Lawyers expect the sector to pick up over the coming years

Lawyers in Chile have welcomed newly elected President Miguel Juan Sebastián Piñera’s plans to boost the mining industry, which include measures to attract and promote foreign investment and the creation of a new mining project management office to expedite processes for companies and improve efficiency. 

LACCA Awards supplement now online

The awards celebrate the finest in-house talent in the region

A special supplement celebrating LACCA's fourth annual awards ceremony is now available to members and subscribers online.

Navistar promotes new legal director for global affairs

Jose Lechuga

Heavy vehicle manufacturer Navistar has promoted Jose Lechuga to the position of legal, compliance and government relations director for global affairs. Lechuga tells LACCA about the challenges of his new role and compliance issues in Latin America.  

Movers & shakers – 12 January

M&S

It’s a case of new year, new jobs, as LACCA’s first movers & shakers of 2018 sees promotions in the risk management, tobacco, electronics and banking sectors, and BNP Paribas shakes things up with a review of its global legal panel. 

Brazilian court approves Oi restructuring plan

A Rio de Janeiro court approved the plan

The Rio de Janeiro court supervising the high-profile restructuring of Brazilian telecoms group Oi has approved a US$20 billion restructuring plan that was agreed by creditors last month. By Ben Clarke

Latin American GCs foresee uncertain times in 2018

2018

With the buzzwords “corruption”, “scandal” and “Trump” still dominating Latin America's media headlines, GCs predict an uncertain political panorama as many countries prepare for elections in 2018, and the region’s ongoing anti-corruption efforts are expected to keep compliance and reporting obligations high up on legal department priorities. 

Dentons Launches consultancy service for in-house legal departments

Global private practice firm Dentons has launched a strategic consulting service, Nextlaw In-House Solutions, which seeks to advise in-house counsel on how to best manage their departments, in response to the increasing demand for legal teams to act as “proactive and strategic business partners” within their companies.   

Accenture Brasil hires legal manager to oversee natural resources division

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Accenture’s newest legal recruit in São Paulo, Ricardo Olim, reflects on his first full month in the new role.

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