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Movers & shakers - 28 July


This week’s edition of Movers & shakers features moves in the construction, mining and finance sectors as well as a promotion at a major technology multinational.

Colombia wins telecoms award as treaty claims loom


Colombia has been awarded US$1.4 billion in a claim against Telefónica and América Móvil that has given rise to two investment treaty disputes - including one that has gone previously unreported.

Ingredion hires new head of tax planning in Brazil


A US ingredient solutions company has appointed former legal and tax manager at LATAM Airlines to formulate and oversee the implementation of the company’s tax strategy in Brazil. 

LACCA news in brief - 21 July


This week’s edition of news in brief reveals conclusions in two major corruption cases in Brazil, and developments in Latin America’s oil sector.

Brazilian football club appeals to arbitration court in player transfer dispute

Neymar Jr rouses fans while representing Brazil internationally

As rumours circulate that São Paulo-born football star Neymar will move from Barcelona to Paris Saint Germain, his former club Santos has confirmed it will appeal a FIFA decision over his previous transfer to the Court of Arbitration for Sport (CAS).

An inside job

The Bolsa Mexicana de Valores in Mexico City

Mexican Bank BanBajío raised almost US$500 million through its IPO last month; its long-serving legal director, Veronica Casillas, explains why she feels the “in-house touch” was crucial to its successful execution.

Lear Corporation appoints new VP and associate GC for Latin America


US car-parts manufacturer Lear Corporation has promoted its only in-house lawyer in Latin America to the position of regional vice-president and associate general counsel. 

Brazilian company Oi taken to court in New York

Oi has been accused of ignoring Dutch law.

The trustee of the Dutch arm of Oi has filed for Chapter 15 protection in a New York Court to reject the restructuring plan that Oi is attempting to pass in Brazil.

Chilean hydroelectric plant at centre of dispute

Construction of the plant was halted due to worker safety concerns

A consortium led by German construction group Hochtief has launched two emergency arbitrations at the International Criminal Court against a subsidiary of US energy group AES in a dispute over a hydroelectric power plant in Chile.

Kicking the habit: PMI's break from tobacco

PMI turns its attention towards a smoke-free future

Latin American GC Till Olbrich at Swiss multinational Philip Morris (PMI) tells LACCA how his legal department helped pioneer his company’s transformation from a tobacco to tech focus.

Ecuador’s legal community welcomes ISO anti-bribery rules

ISO 37001 prescribes bribery avoidance mechanisms including risk assessments, training programmes and whistleblower hotlines.

Ecuador’s introduction of global standards for anti-bribery management systems in the public procurement process is a step in the right direction for eliminating corruption, say lawyers.

Brazilian hospital appoints legal director to build new compliance unit


Hospital Sírio-Libanês has poached the former GC from Brazilian airline TAM to take on the newly created position of legal and compliance director and oversee the development of its compliance team.

LACCA news in brief - 7 July


This week LACCA takes a look at the final chapter in an investor-state dispute in El Salvador, the start of a new case against tobacco companies in Peru, as well as a major divestment plan for one company in Brazil.

Brazil's new competition authority president worries lawyers

Brasilia, site of CADE headquarters

Lawyers have expressed concerns that the new president of Brazil’s competition authority lacks the experience necessary for the role, and that the appointment could jeopardise the agency's independence. By Janith Aranze

Setting up shop

MercadoLibre is Latin America's leader in ecommerce

More than 18 years after joining online market place MercadoLibre as its first ever legal counsel, Jacobo Cohen Imach tells LACCA how he built a 50-strong international in-house legal team capable of supporting the company’s rapid growth.

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