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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.

GCs happy to pay for the best firms, survey finds

GCs are prepared to pay the price for five star service

Over three-quarters of Latin American GCs say expertise and reputation are the most important factors when selecting external counsel ahead of low costs and alternative fee arrangements, according to a recent LACCA survey. 

Legal teams require more training in cybersecurity

In-house counsel must be trained in cybersecurity to protect their companies

In-house counsel often lack basic awareness of common cybersecurity risks in the workplace as well as what measures are needed to prevent and deal with them, according to panellists at this year’s New York Bar Association (NYBA) seasonal meeting held last week in Antigua, Guatemala.

Despegar prepares for take-off with new in-house counsel in Chile

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Argentine online travel agency Despegar has recruited its first in-house counsel in Chile to help oversee its regional expansion plans.

Isagenix hires Latin America compliance counsel

Loanna Morales joined Isagenix to boost the company's Latin America compliance team

Three months into her appointment at health and nutrition products company Isagenix, LACCA catches up with its new Latin American compliance counsel, Loanna Morales Tovar.  

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