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The Related Group hires first legal director in Mexico

Sanchez

Global real estate developer The Related Group has appointed Luis Felipe Sanchez Ramos as the first legal director for the company’s Mexican branch. He tells LACCA what it’s like having no predecessor and what Mexico’s recent anti-corruption law means for real estate. 

Movers & Shakers - 10 November

Movers&Shakers

This edition of movers & shakers features laterals in the healthcare, airport and innovation sectors, as well as promotions at a telecoms company and the Peruvian government. 

Oi management and creditors face new restructuring impasse

An Oi public telephone in Brazil

Confidential settlement negations between the management of Brazilian telecoms company Oi and major creditor groups have come to an end without a deal, as bondholders rejected a plan support agreement approved by the company’s board that must now be presented to Brazil’s telecoms regulator. By Kyriaki Karadelis

Coffee investor wins damages from Venezuela

Venezuela's counsel believes the tribunal saw the claim as "over-inflated."

A tribunal has upheld claims against Venezuela over the expropriation of a 120 year-old coffee producer during the presidency of Hugo Chávez and awarded the investor a fraction of the US$500 million damages originally claimed. By Lacey Yong

Developing a dream team

Valeria Plastino and Barrett Avigdor close the day in Miami.

The right legal strategies can revolutionise a company's output and efficiency, but they will never reach their full potential without an engaged team of lawyers on hand to implement them. GCs and HR consultants shared their top tips for motivating and retaining top legal talent during LACCA’s annual Miami conference.

Chilean retail giant SMU hires former Bupa GC

Zarhi

Chilean retail operator SMU has appointed Oscar Zarhi as general counsel. He tells LACCA why intra-company dialogue across departments is a prerequisite for business expansion. 

Mixing drinks: AB InBev's merger with SABMiller

AB InBev's portfolio now includes over 500 brands of beer.

Belgian brewery AB InBev wrapped up its US$107 billion purchase of multinational rival SABMiller in October 2016. Each company had a large market share in multiple jurisdictions, so ever since the merger AB InBev’s in-house counsel have faced a prolonged challenge to implement remedies mandated by competition authorities. In a Q&A with LACCA, AB InBev’s compliance director for the Andean region, Jaime Muñoz, reveals the pivotal support his team has offered.

Venezuela pays damages for expropriation

Phosphate fertiliser, as produced by Koch

An tribunal at the International Centre for Settlement of Investment Disputes (ICSID) has ordered Venezuela to pay damages to Swiss subsidiaries of Kansas-based Koch Industries for the expropriation of a fertiliser plant seven years ago.

Lava Jato branded "world’s most important antitrust case"

Brazilians marching in support of Operation Lava Jato

Former US Federal Trade Commission chair William Kovacic said the sprawling Operation Lava Jato investigation is the most important active antitrust case in the world during a conference in Brazil last week. By Charles McConnell.

A real game changer

Matthew Todd and Maria Pia Logiovane speaking at LACCA's Miami meeting

Most corporate legal departments measure performance in some capacity or another, but proper tracking and management of metrics can be a game changer. GCs at LACCA’S annual Miami meeting discussed some of the best practices when it comes to using data and metrics to quantify, analyse, and improve operations while also providing clear evidence of how the legal team adds value to the company.

Dividing and conquering

HI

Singlehandedly managing a company’s litigation across a region as complex as Latin America is no easy feat, especially when that company is undergoing one of the biggest corporate splits in history. This year’s Litigation Management Award winner, Eduardo Palinkas, tells LACCA how he has managed to reduce Hewlett Packard Enterprise’s litigation portfolio over the past three years and dramatically reduce costs. 

Corruption is on the rise in Latin America, according to survey

Mexicans have one of the highest levels of corruption perception in the region

Most Latin Americans believe governments are failing to meet demands to tackle corruption, according to a new Transparency International poll, but GCs say the private sector and civil society are playing important roles in driving change. 

Hospital Sírio-Libanês hires former LATAM Airlines legal and tax manager

Rafael

São Paulo philanthropic institution, Hospital Sírio-Libanês, has appointed Rafael Goto Foja as its new legal and tax manager. Foja tells LACCA how he thinks his multi-industry experience gives him an edge on reacting to legislative changes. 

Brazilian energy company takes dispute to London courts

An oil platform anchored in Rio de Janeiro

Dommo Energia has launched an arbitration in the London Court of International Arbitration (LCIA) against two partners in an oil exploration project off the coast of Rio de Janeiro. By Cosmo Sanderson

Batista merger blocked in Brazil

JBS is already the world's largest meatpacker.

Brazil’s Administrative Council for Economic Defence (CADE) has blocked a bid from billionaire José Batista Júnior’s JBJ Agropecuária to buy out rival slaughterhouse and cattle farming business Mataboi Participações after the deal sparked concerns over the market power of the Batista family’s business group. By Hettie O'Brien

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