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LACCA Approved – don't forget to nominate your favourite lawyers!

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The time has come to update our list of the region’s favourite private practice lawyers. 

Data protection: adapt to tighter regulations, say panellists

Thais Ramos and Marcel Leonardi talked about the upcoming data protection legislation

As Brazil’s Congress discuss bills that would create the country’s first general law on data protection, panellists at LACCA’s São Paulo meeting urged GCs and their legal departments not to wait for the changes to be implemented and instead start preparing their companies for the new reality.

News in brief – 24 May

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May’s edition of news in brief takes a look at the US economic sanctions placed on Venezuela following Maduro’s election victory last Sunday, the second round of Mexico’s presidential candidate debates as well as a joint venture between Jaguar and Mexico’s Vista Oil & Gas. In addition, Brazil’s energy ministry has called for a new transmission line; while Peru faces motorway and energy arbitration claims.

GC sets up construction focused firm in Brazil

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After almost 20 years in-house, Marcelo Marchetti has returned to private practice to start up his own firm Toledo, Marchetti, Oliveira e Vatari Advogados. He tells LACCA about how his long experience in the construction industry helps him better understand his client’s needs. 

Chilean mining company gets award upheld against Bolivia

Salar de Uyuni at sunset

Twelve years after the dispute first came to the International Centre for Settlement of Investment Disputes (ICSID), an ad hoc committee has upheld a US$48 million award in favour of Chilean mining company Quiborax against Bolivia – finding that the tribunal’s decision to order the suspension of domestic criminal proceedings was not a basis for annulment.

Labour reform failing to provide legal security, according to speakers at LACCA’s regional meeting

Renato Canizares, Cristiana Lapa and Delaíde Arantes discussed the challenges around Brazil's new labour legislation

While lawyers in Brazil are divided on whether or not the country’s labour reform will succeed in achieving its goals of reducing litigation while promoting the country’s economy, delegates at LACCA’s SP meeting all agreed that the reform failed to increase legal security for both employers and workers. 

CAF hires private practice lawyer as principal attorney

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The Development Bank of Latin America (CAF) has hired a project finance lawyer from Peruvian firm Rebaza, Alcázar & De Las Casas as its new principal attorney in Peru. Gonzalo Soriano tells LACCA how his previous experience in complex transactions and project finance will be helpful at CAF.

Argentina transforms competition regime

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Argentina’s government has signed off on a new competition law, firing the starting gun on a new era of antitrust enforcement and merger control. By Tom Madge-Wyld

Compliance: Good is not good enough

Adriana Cardinali and Isabel Franco speaking at the LACCA meeting

It has become abundantly clear that when it comes to creating an ethics and compliance programme, companies can no longer afford to settle and “good” is simply no longer good enough. Isabel Franco of KLA - Koury Lopes Advogados and Adriana Cardinali of Votorantim Cimentos led a session at this year’s LACCA São Paulo meeting to identify exactly what separates a “good” programme from a “great” one. 

PwC Brasil’s tax manager returns to private practice

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Former tax manager at PwC Brasil Bruno Sartori Barbosa returns to private practice as a founding partner at rebranded firm Souza, Mello e Torres. He tells LACCA how his time as in-house counsel was eye-opening and strengthened his skills as a tax lawyer.

Movers & shakers – 10 May

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LACCA’s latest round-up of movers and shakers sees several new hires and promotions in the fintech, real estate, pharmaceutical, intellectual property and safety services industries. 

Mexican competition authority probes paper products

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The Mexican competition authority is investigating price-fixing allegations in the market for diapers, toilet paper and other hygiene products made from cellulose, joining other Latin American antitrust enforcers that have brought cases in those markets recently. By Kathryn Haake

Mexico faces claim over fraud investigation

Oil and gas services vessels outside Singapore

A Singaporean marine services provider has filed an investment treaty claim against Mexico after vessels belonging to its subsidiary were seized as part of a fraud investigation targeting one of Latin America’s largest oil services companies.

Mexico’s data protection law in the spotlight following Cambridge Analytica scandal

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As the wide-reaching Cambridge Analytica scandal threatens to ensnare a number of local companies in Mexico, lawyers expect a tightening of local laws and urge companies to review their data protection policies.

Lawyers call on Paraguay’s new President to improve the country’s judiciary

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Local lawyers in Paraguay are optimistic that the newly elected president will continue to incentivise foreign investment, but argue that a complete reform of the country’s judiciary is crucial for tackling corruption and improving confidence in the country’s institutions.

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