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Enel Chile simplifies it corporate structure

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Two months after Enel Chile restructured its business as part of a wider plan to simplify its corporate structure in Latin America, Fredrik Karlsson speaks to local GC Ignacio Quiñones Sotomayor about the in-house team’s role in the reorganisation, as well as some of the challenges they faced.  

Peru edges closer to OECD membership with tax and anti-bribery conventions

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As Peru is set to join two major OECD conventions, lawyers say the move shows the country is taking important steps towards fighting corruption and fostering greater transparency.

Second sugar industry cartel probe launched in Mexico

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Mexico’s competition watchdog has begun an investigation into an alleged cartel in the country’s sugar market, based on concerns that several companies fixed prices, rigged bids, allocated markets and restricted supply. By Malina McLennan

Mercado Livre hires dispute resolution manager from Facebook

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The Brazilian branch of e-commerce giant Mercado Libre has hired Ricardo Dalmaso Marques, former lead litigation counsel for Latin America at Facebook, as its new dispute resolution manager. Marques tells LACCA about the top challenges and priorities facing him and his team. By Marina Albanese

Brazilian agencies demystify leniency agreement calculations

Offices of the AGU and MPF in Brasília

Companies under investigation by Brazil’s AGU and CGU should now be able to gauge the cost of resolving the probes, after the two agencies published guidelines for leniency agreement negotiations, but local corporate counsel say gaps remain. By Michael Griffiths and Marina Albanese

Movers & shakers – 8 June

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LACCA’s latest edition of Movers & Shakers features hires and promotions at various multinational companies in the consumer goods, automotive and energy sectors. By Marina Albanese

Award upheld in favour of Brazilian socialite’s entity Morzan

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A French court has upheld a US$120 million International Chamber of Commerce (ICC) award in favour of a company owned by Brazilian philanthropist and socialite Lily Safra in a shareholder dispute with the owners of Brazil’s largest supermarket chain.

Role of compliance teams is vital in navigating US sanctions, lawyers agree

US sanctions

Following recent US economic sanctions on Venezuela, lawyers tell LACCA why compliance teams at US companies doing business with Venezuelan government must step up and help steer business activity between the two nations while such high penalties are at stake. 

Nextel Brazil hires new legal director

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The Brazilian subsidiary of US multinational telecommunications company Nextel has hired Flávio Franco, former head of legal at online retail company Netshoes, as its new executive legal director. Franco tells LACCA about what he expects in his move from the e-commerce sector to the telecoms industry. By Marina Albanese

Andean authority fines Kimberly-Clark and Colombia's Productos Familia

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The Andean Community’s competition authority has fined paper and hygiene product companies Kimberly-Clark and Productos Familia a combined US$35.3 million for price-fixing – in a controversial decision described by one former official as “illegal”. By Charley Connor

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

Free to view

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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.

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