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.
The merger control regime in Peru: State of play coming up to eighteen months in force
Roughly eighteen months ago, on June 14, 2021, Law 31112 came into force, which introduced merger control definitively in Peru, applicable across all the country's sectors of economic activity and markets; because until then it only existed for the electricity industry. Approximately a year and a half after its implementation, together with the Official Spanish Chamber of Commerce in Peru, we prepared a detailed report with the balance of this period of activity.
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.
Evolution of non-traditional project finance in Latin America
In recent years, project finance has gained in importance for funding private projects across a range of industries in Latin America. Due to presenting a number of advantages in its structure, this new mechanism has replaced typical corporate finance. In this article, we discuss the evolution of non-traditional project finance in Chile, Colombia, Mexico and Peru.
Latin America Viewpoints - October 2022
Peru: The Complaints Book Regulation is changed so that suppliers respond to claims and complaints within 15 business days
The goods or services supplier (proveedor) will have to respond to the claims and complaints registered in their Complaints Book (Libro de Reclamaciones) within a maximum period of 15 business days. Also, if requested by the consumer, the response must be provided in writing, by email or letter.
Latin American Viewpoints - July 2022
Sanctions for anti-competitive practices in comparative law: the experience of Latin America, the European Union, the United States and Australia
The entry into force in Colombia of Act 2195 of 2022 has given rise to the need to analyze how the changes made to the sanctions for violations of the antitrust rules compare to those that exist in other jurisdictions. This article will examine the cases of Colombia, Chile, Mexico, Peru, the European Union, the United States and Australia, with respect to the different methodologies used to calculate the basic amounts of fines for anti-competitive practices, as well as the multiple elements that are taken into account when determining the appropriate amount of the fine.
Investment arbitration in Latin America: figures and trends in Chile, Colombia, Mexico and Perú
The growth of investment arbitration in the region is explained by the political and economic climate. In this article we look at the case statistics in each country, along with the outlook for the near future.