Javier Ybáñez, head of the Latin American practice, took part in the roundtable entitled ‘To Merge or Not to Merge’ to discuss mergers between law firms and the benefits and difficulties they can entail for firms and their clients. The discussion took place as part of the Latin American conference of the International Bar Association (IBA), held over the last few days in Mexico City. The Garrigues partner was joined by representatives from several international law firms involved in international expansion processes in Latin America: CMS Carey & Allende, Hogan Lovells, Uría Menéndez, Kerma Partners and Sette Advogados, in addition to Garrigues.
The Latin American team was recognized by the legal community for its participation in the bond issue capitalized by Celeo Redes in the local and international markets. The transaction was named Latin American Refinancing Deal of the Year at the New York ceremony of the Latin American awards held by IJ Global, a specialist in the infrastructure and project finance sector.
A new ruling by the DIAN, no. 010 dated February 6, 2018, requires major taxpayers - i.e. those classed as such pursuant to ruling no. 076 of 2016 - to issue electronic invoices in accordance with the provisions of decree 2242 of 2015. The tax authorities will be able to enforce compliance with this obligation as from September 1, 2018.
Daniel Dix has more than eighteen years’ tax experience, most recently as a partner of PricewaterhouseCoopers (PwC). Daniel is a renowned expert in the area of indirect taxation and has participated in major transactions and advised large companies in a wide range of sectors, particularly the energy sector.
Arbitration is a reality in Europe and if, we pay attention to the forecasts for 2018, the arbitration proceedings will grow in other regions, particularly in the Latin American market. Supporters of arbitration point out the legal certainty it offers, the flexibility and speed of arbitral proceedings, and its effectiveness in resolving conflicts. These three aspects are vital for promoting and ensuring foreign investment in the region. Moreover, local arbitration standards are a reflection of the business stability in a country.
Garrigues has bolstered its Lima office with the incorporation of a team of five highly-regarded lawyers to establish its litigation and arbitration practice in Peru. The team, joining from Benites, Forno & Ugaz, is led by Hugo Forno and Melissa Núñez.