Lima
The pandemic, the global economic climate, and the political situation in Latin America have changed the course of real estate investment in the region. The new scenario has seen a rise in alternative mechanisms for the industry's assets. In…
NPLs and REOs in Spain, Portugal and LatAm: more securitizations and transactions in Southern Europe
NPL transactions continued in the first quarter of 2022. Spain and Portugal were the most active jurisdictions with our Madrid, Barcelona and Lisbon offices playing a leading role.
The new term for suppliers to answer consumer claims (reclamos) is 15 business days, time which cannot be extended, replacing the previous term of 30 calendar days, which could be extended for an additional 30 days. Additionally, the amendment…
The recent amendment to the law governing the financial system in Peru includes key measures that promote the participation of new entities in the sector. In this way, it promotes the diversification of the supply of local financial services,…
After 2020 when Latin American governments, like the rest of the world, focused on tackling the health crisis and economically shoring up the sectors that were hardest hit by the necessary business restrictions, 2021 presented an opportunity to…
The COVID-19 pandemic has adversely impacted on processing times for cases before the civil courts in Latin America. It has also had the effect, however, of accelerating a modernization of the proceedings conducted before these courts. Before the…
The COVID-19 health crisis has brought various challenges in every country, and vaccination is one of them. In this article we will review how vaccination is affecting workplace in Chile, Colombia, Mexico and Peru.
In current M&A practice, when talking about transactions of a certain size, it is important to take economic competition factors into account, and a preliminary and important element that especially needs to be considered is what the merger…
NPL transactions continued to take off in the third quarter of 2021. A growing interest in NPL securitizations has been perceived, especially in Spain. In Europe, meanwhile, talks continue on two key topics: the draft directive on credit purchasers…