Colombia

Garrigues

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  • Garrigues, the firm of choice for financial institutions in Chile, Colombia, Mexico and Peru

    The firm tops the LACCA/Latin Lawyer ranking of law firms advising the 50 biggest banks in Latin America.
  • Latin American Viewpoints - April 2023

    Infrastructure projects in the energy sector do not stop growing in Latin America and, with it, the possibility of disputes arising. We analyze the dispute resolution clauses and the key points to take into account when agreeing to them.
  • Dispute resolution clauses in energy projects in Latin America

    In recent years, the number of infrastructure projects in the energy sector in Latin American countries has increased, and therefore, the possibility of disputes arising relating to them. In this article we discuss primarily dispute resolution clauses and the key points to be taken into account when agreeing on them.
  • Challenges and new legislation in the labor field: How to tackle the trend towards reducing working hours and low productivity levels in Latin America

    In this article we look at the current working hours and those under discussion in Chile, Colombia, Peru and Mexico, and their implications on productivity levels.
  • Company redomiciliation and alternatives for changing the jurisdiction of companies in Colombia, Chile, Mexico and Peru

    During the development and operation of multinational enterprises, in some cases and for a number of reasons (strategic, market, risk, among others), they are faced with the need to explore alternatives for changing or transferring their registered office to a different jurisdiction. This process, commonly known as “cross-border redomiciliation”, consists precisely of the act whereby a company decides to transfer its domicile abroad without first undergoing a liquidation process or a business reorganization such as an international spin-off or merger.
  • Latin America kicks off 2023 with new tax reforms on the horizon

    During 2022, the shock of the pandemic began to recede. Following a period in which Latin American governments focused on the delicate balance required to address the sectors hit the hardest by the health crisis without sacrificing fiscal discipline, some Latin American countries experienced political changes, including some turbulence, that dictated the pace and the agenda of reforms in the fiscal sphere as well. In this document, our tax experts analyze the tax changes announced and enacted in 2022 in Chile, Mexico, Peru, Colombia, Argentina and Uruguay.
  • Colombia: Constitutional Court declares articles 66, 67 and 68 of Law No 2195/2022 unconstitutional

    On March 27th Colombia’s Constitutional Court issued a press release, in connection with the D-14851 process, declaring the unconstitutionality of articles 66 (incentives relating to leniency programs) and 67 and 68 (new sanctioning regime) of Law No 2195/2022, due to vices during the legislative process of said law.
  • Key differences between traditional M&As and venture capital

    Contracts for mergers and acquisitions mainly look to spread the risk between the buyer and seller and to regulate shareholder relations within the company. The same occurs with venture capital, but the differences between traditional and venture capital investment bring a number of specific circumstances into play, as explained below, with specific examples from Latin America.
  • Labor law and outsourcing: increased restrictions on this means of hiring personnel

    Regulations governing outsourcing in several countries in Latin America are hindering the use of this strategic option for companies in certain areas of business. 
  • Freight rail projects in Colombia: Here are the risk allocation principles

    In recent years rail projects in Colombia have received a boost, in an attempt to reduce costs and times in logistics chains, among other benefits brought by a reactivation of the sector. This led to new legislation on a range of topics. In this article we describe the characteristics of the contractual risk policy for freight rail projects and their distribution. We also provide an overview of the rail projects currently in progress.