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Rio de Janeiro passes new law aimed at combatting bribery in public-private partnerships

Prosecutors in Brazil are investigating allegations of bribery in projects relating to the 2014 World Cup and 2016 Olympics

A new law which requires companies who do business with the state government of Rio de Janeiro to implement a compliance programme has been welcomed by the Brazil's legal community as a step forward in tackling corruption, but some say the law is unlikely to be successful without the commitment of the local private sector.

Argentina’s TGLT recruits former Pérez Alati partner

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Federico Wilensky, a former corporate finance partner at Pérez Alati, Grondona, Benites, Arntsen & Martínez de Hoz (h), has been named chief legal officer at Argentine real estate development company TGLT. 

Movers & shakers - 15 December

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LACCA’s final movers & shakers of 2017 rounds up intercontinental moves for lawyers in the oil, chemicals and household goods sectors, as well as new jobs for counsel in major investment companies.

Chilean Supreme Court greenlights cartel class action

SCA engaged with competitors to fix prices.

Chile’s Supreme Court has overturned a lower court decision that had blocked a consumer collective action against paper product maker SCA, which has been fined for its role in the tissue products cartel.

Three Brazilian car parts makers undergo price-fixing probe

The companies allegedly conspired to fix prices on multiple types of car parts

Brazil’s Administrative Council for Economic Defence (CADE), has opened its 14th investigation in the auto parts sector, targeting three Brazilian car parts makers for allegedly fixing prices on several parts sold to both automakers and in the aftermarket.

Transparency International targets state-owned companies with anti-corruption guidelines

Transparency International

Transparency International has published a set of 10 guidelines to help state-owned enterprises (SOEs) combat corruption and enhance transparency, but private practice and corporate counsel lawyers are doubtful over the guidelines’ effectiveness without further governmental enforcement.   

Leadership without borders

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The true measure of a leader is the ability to find the right balance between business foresight, performance, and strong leadership. Valeria Plastino, VP and GC for Latin America at Level 3 Communications (now CenturyLink) and winner of LACCA’s General Counsel of the Year award, speaks to Alison O’Connell about supporting the company through a decade of regional growth, building a cross-functional team from scratch and why connectivity is key for any successful multijurisdictional team.  

Chilean retail lawyers prepare for bill to increase consumer rights

Chile cracks down on marketing compliance enforcement.

As Chile’s Upper Chamber discusses a bill that would boost consumer power, lawyers consider how procedural changes and fine increases stand to affect their companies. 

LACCA news in brief - 8 December

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This year’s last edition of news in brief reveals a controversial raid relating to the Odebrecht scandal in Peru and major financial settlements for companies in Brazil.

Beer distribution battle brews in Rio de Janeiro

Both Heineken and its former distributor have filed arbitration claims.

Heineken and its distributors in Brazil are to go to arbitration in Rio de Janeiro after the Dutch beer producer sought to terminate their long-term distribution agreement. By Cosmo Sanderson

Peru liable in mining case but only for sunk costs

Peru is the world's third largest silver producer

An tribunal a the International Centre for Settlement of Investment Disputes (ICSID) has found Peru liable for the expropriation of a silver mining concession but only awarded the Canadian claimant the amount it invested in the project, out of the US$522 million it had demanded.

The future under dispute

The new labour code affects all Brazilian workers

Brazil’s legal community has welcomed the enactment of a controversial labour reform, but many fear the changes leave major gaps that may hinder some of the reform’s intended objectives, such as providing more flexibility in hiring practices and reducing litigation.

Cementing a culture of compliance

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Whatever sector or industry, it may often seem like a herculean task for those responsible for compliance to keep abreast of the variety of regulations that exist, never mind ensuring all staff adhere to them. Adriana Cardinali, special projects legal manager at Brazil’s largest cement company Votorantim Cimentos, talks LACCA through the proactive steps she took to implement a robust compliance framework and create a culture of ethics at the company worldwide, leading her to win this year’s Compliance Counsel of the Year Award.

Movers & Shakers - 1 December

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This edition of Movers & Shakers features a number of departures from the in-house world to private practice, as well as hires in the consultancy, gaming technology and cloud computing sectors. 

Former Mexico Walmart VP joins firm in DC

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International firm Hogan Lovells LLP has hired Mexico’s former Walmart vice president to boost its governmental relations practice in Washington, DC.

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