LatAm

  • Peru: The Indecopi published the Environmental Advertising Guide for the dissemination of ‘green advertising’ and to avoid ‘greenwashing’

    If ‘greenwashing’ is identified, the authority will impose a sanction ranging from a reprimand to a fine.

  • Peru: Indecopi approved 27 mergers in an average of 44 business days in the first two years of its merger control regime

    A study by Garrigues and the Spanish Chamber of Commerce in Peru reports an update of the merger control regime, looking at legal and economic approaches to the law

  • Colombia: The chambers of commerce and foreign non-profit organizations will be required to adhere to self-regulation systems, transparency standards and principles of business ethics

    A recent directive, released by the Superintendency of Companies, includes such organizations with a permanent presence in Colombia as obligated entities. Therefore, they are required to initiate the “SAGRILAFT” and “PTEE” programs by no later than August 31, 2024.

  • ‘LatinFinance’ recognizes Garrigues for its advice on the projects that will shape infrastructure development in Latin America

    The Garrigues teams in Chile, Colombia, Mexico and Peru garnered a total of five awards for their work on large-scale projects for the region

  • Energy Market Newsletter for Chile and Peru – September 2023

    We are pleased to showcase the main legal and market developments for the energy sector in Chile and Peru. Garrigues teams focused on Energy in Chile and Peru address topics of interest to sponsors, developers, financiers and other stakeholders in the sector, such as draft bills, summaries of new laws, relevant case law and trends in the project financing market. 

  • Garrigues Mexico obtains the “Socially Responsible Enterprise” distinction for the eighth consecutive year

    The Garrigues Mexico office has been recognized, for the eighth year in a row, as a Socially Responsible Enterprise (ESR® 2023), a distinction awarded by Centro Mexicano para la Filantropía (Cemefi) with a view to encouraging companies to initiate corporate social responsibility and sustainability practices that have a positive impact on society.

  • Chile: Publication of Law No. 21.592, which establishes a whistleblower protection statute

    The law conceives access to protection as a right of any whistleblower who reports irregularities within organisations and guarantees their personal integrity and that of their property, as well as the preservation of their living and working conditions, which could be threatened as a result of their whistleblowing or their participation in the respective investigations.

  • Antitrust damages actions in Latin America: on the path to the European model?

    We look at the progress made in relation to damages actions for infringements of competition law in Colombia, Peru, Mexico and Chile.

  • Garrigues obtains four ‘Latin Lawyer’ awards for advising the best transactions in Latam

    Garrigues has received four awards at the Latin Lawyers Awards for its role as legal advisor on four major projects in Latin America, all led by the banking and finance practice. The Garrigues team in Chile won two awards: the best financial restructuring of the year and the best funding under ESG criteria; Peru won another award for the best project finance in the infrastructure sector; and the fourth award was for the best energy project finance, advised by the Garrigues team in Portugal.

  • The Mexican Senate has approved an initiative to reform the Securities Market Law and the Investment Funds Law

    The initiative, which envisages some important changes aimed at making the Mexican stock market more flexible, must continue its legislative passage and may undergo amendments before being definitively approved.