Dentons makes it five mergers in a month with Argentina and Uruguay tie-ups

Dentons makes it five mergers in a month with Argentina and Uruguay tie-ups

Dentons has capped off an expansive summer, even by its own standards, announcing it is to enter Argentina and Uruguay through its fourth and fifth combinations respectively in just over a month.

The 10,000-lawyer firm announced today (4 September) it will add another 80 to its ranks by absorbing Rattagan Macchiavello Arocena in Buenos Aires and Jiménez de Aréchaga, Viana & Brause in Montevideo. Continue reading “Dentons makes it five mergers in a month with Argentina and Uruguay tie-ups”

Welcome to the hurricane – Latam GCs struggle with corruption clampdown

Welcome to the hurricane – Latam GCs struggle with corruption clampdown

It has been a turbulent few years for many of those in the upper echelons of Brazilian politics and business. Around the world, headlines have been filled with salacious tales of corruption, perhaps most notably the bribery and kickback scandal emanating from state-backed oil giant Petrobras, embroiling many high-profile individuals and entities across the region.

Anti-corruption legislation and regulation enacted in the past five years – the so-called 2014 Clean Company Act, fully implemented in 2015 amid public unrest by the soon-to-be-impeached President Rousseff – has enabled Brazil to usher in a new era of compliance, the efficacy of which has left many in the business community reeling. The judge-led ‘Lava Jato’ (‘Carwash’) investigation, started in 2014, is perhaps the most recognisable herald of this new era. Continue reading “Welcome to the hurricane – Latam GCs struggle with corruption clampdown”

‘Opportunity-filled economies’: Dentons to launch in Latin America with proposed local tie-up

‘Opportunity-filled economies’: Dentons to launch in Latin America with proposed local tie-up

Days after announcing its fifth merger of 2015 with Luxembourg outfit OPF Partners, Dentons has today (30 November) announced it will launch a presence in Latin America and the Caribbean, and is considering combining with Colombia’s Cárdenas & Cárdenas, and Mexico’s López Velarde, Heftye y Soria (LVHS).

Continue reading “‘Opportunity-filled economies’: Dentons to launch in Latin America with proposed local tie-up”

‘The final piece of the jigsaw’: DAC Beachcroft launches Miami office targeting Latin America

‘The final piece of the jigsaw’: DAC Beachcroft launches Miami office targeting Latin America

DAC Beachcroft has opened an office in Miami, led by a former AIG lawyer, as it looks to strengthen its Latin American offering by connecting local insurance clients to the rest of its network.

Continue reading “‘The final piece of the jigsaw’: DAC Beachcroft launches Miami office targeting Latin America”

Dentons hires Inter-American Development Bank GC as Latin American chief executive aiming for mergers

Dentons hires Inter-American Development Bank GC as Latin American chief executive aiming for mergers

Global 100 firm Dentons has made a key strategic hire to enhance its offering in Latin America and the Caribbean, appointing the Inter-American Development Bank (IADB) general counsel (GC), Jorge Alers, to be chief executive officer for the region.

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Global office launches for Norton Rose, Quinn Emanuel, Bakers and Jones Day

Global 100 firms embraced foreign expansion again in February. Norton Rose Fulbright (NRF) announced a significant addition to its Latin America footprint with the launch of an office in Rio de Janeiro, hiring BP’s global corporate assistant general counsel (GC) Andrew Haynes as office co-head, while US litigation leader Quinn Emanuel Urquhart & Sullivan set up shop in Brussels, Baker & McKenzie in Myanmar and Jones Day in Perth.

NRF’s new office in Brazil, which will also be run by current head of Colombia, Glenn Faass, will be the firm’s third in the region after Venezuela (Caracas) and Colombia (Bogotá), and its 55th office worldwide.

Haynes joined NRF at the start of February from BP, where as assistant GC global corporate he oversaw all M&A legal work for BP.

Continue reading “Global office launches for Norton Rose, Quinn Emanuel, Bakers and Jones Day”

Latin America: DAC merges with Colombian alliance partner De la Torre & Monroy

Latin America: DAC merges with Colombian alliance partner De la Torre & Monroy

DAC Beachcroft has expanded its Latin American presence via a merger with Colombian alliance partner De la Torre & Monroy Abogados Asociados, which began trading as DAC Beachcroft Colombia yesterday (1 December).

The 1000-lawyer top 25 UK firm, which formally allied with the six-lawyer Bogata insurance firm in March this year ahead of the liberalisation of the Colombian insurance market, agreed the tie-up after partners voted in favour on 22 November. Continue reading “Latin America: DAC merges with Colombian alliance partner De la Torre & Monroy”

Laterally Latin – a sideways year for a hot market

Laterally Latin – a sideways year for a hot market

After so much talk of the rise of Latin America since the 2008 banking crisis gripped Western economies, there is no doubt that 2012 felt like something of a disappointment.

The region’s powerhouse economy, Brazil, saw growth slow considerably, cooling the market that has by far the greatest regional pulling power for multinationals and international law firms. The result, in relative terms against a 2010 and 2011 dominated by record levels of inward investment and a string of big-ticket deals, was a low-key year for advisers.

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