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An irregular climate

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Ensuring companies remain compliant can be challenging for Latin American GCs, particularly when regulations vary so much between countries and industries. Lawyers shared their experiences and top tips for overcoming these issues during LACCA’s Miami conference last month, and discussed how the regulatory environment is evolving in the region.

Small markets, big challenges

In-house lawyers in Central America are operating as regional counsel, managing a complex multi-geographical cluster as one

The ongoing process of integration in Central America has provided significant opportunities for both local and multinational companies operating in the region, but it has also created a number of challenges for local legal teams with limited resources. GCs at LACCA’s Central America meeting in Guatemala discussed how applying technology and taking a multijurisdictional approach can help legal teams manage the workload. 

On the front foot

Dealmaker of the Year, Flávio Franco

The dynamic rate of developments in technology and the online and e-commerce sectors demands continually innovative thinking from GCs in the sector. Flávio Franco, executive legal director at online retailer Netshoes, shares his strategies for inking the types of unprecedented deals that saw him crowned Dealmaker of the Year during this year’s LACCA Awards.

Itaú-Unibanco lawyer returns to private practice

Roberta Cherman is admitted by the New York bar association and the Brazilian bar association

Shearman & Sterling LLP has hired Roberta Cherman as counsel in the São Paulo, after a nine year stint in-house at Itaú-Unibanco.  

CADE bags new leniency agreement from Operation Lava Jato

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Brazil’s competition enforcer has launched another investigation into the construction sector off the back of Operation Lava Jato, this time examining alleged bid-rigging for major road work in Rio de Janeiro.

Compliance in Central America: A new reality

Central American countries have been combatting corruption, but GCs can play an important role in driving change

The evolving anti-corruption landscape in Central America is leading more and more local companies to implement strong compliance frameworks, but GCs at LACCA’s meeting in Guatemala say third parties still pose a high risk and stress the need for in-house teams to drive a culture of ethics within their organisations.

Essilor snaps up Coca-Cola’s in-house in Colombia

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French ophthalmic lenses manufacturer Essilor has hired former Andean legal counsel at Coca-Cola to take over its North Cone of South América, Central America, Caribbean (NOCCA) & Mexican operations.

LACCA news in brief

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This edition of news in brief rounds up one company’s e-commerce expansion in Latin America, allegations of corruption in the Ecuadorean parliament and insolvency proceedings for a fishery in Peru.

Movers & shakers - 6 October

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This edition of movers and shakers features new jobs and promotions for lawyers in the advertising, food and drink, energy and manufacturing sectors.

CADE says Bayer/Monsanto merger could be anticompetitive

The enforcer is concerned about Bayer's potential control of the production chain in Brazil.

The General Superintendence of Brazil’s Administrative Council for Economic Defence, CADE, has recommended that the competition authority challenge Bayer’s US$66 billion agrochemical merger with Monsanto, after concluding the deal could stifle competition and innovation. By Charles McConnell

Level 3 and MercadoLibre among LACCA Awards winners

Lawyer's from across Latin America came together to celebrate the region's leading lights.

Senior in-house counsel from Level 3 Communications, Hewlett Packard Enterprise and Netshoes, alongside regional legal departments from MercadoLibre and Viettel, were all winners at the 4th LACCA Awards Ceremony, held on Wednesday evening in Miami.

GCs convene for annual Miami meeting

Over 100 GCs joined LACCA in Miami

LACCA’s annual regional meeting was held on Wednesday in Miami, bringing together leading GCs from across Latin America to discuss topics such as using data to add value, dealing with local regulators, managing internal investigations, the impact of NAFTA renegotiations and developing in-house teams.

In-house counsel prefer law firms with an international presence

International presence is a bonus feature for law firms, say Latin American GCs

According to a recent LACCA survey, almost 90% of in-house counsel take geographic reach into account when choosing between law firms, saying their overseas presence facilitates cross-border deals and limits invoicing administration tasks. 

Medical device company settles accounting violation charges in Colombia

Alere manufacturers diagnostic devices for use in hospitals.

Alere has agreed to pay US$13 million to resolve accounting fraud and books and records charges brought by the US Securities and Exchange Commission (SEC).

Mining investors prepare for Bolivia claim

Cityscape of La Paz, Bolivia

A Bolivian-registered company is preparing to file an investment treaty claim against the country.

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