LatAm

  • Mexico: SENER and CRE publish new rules for the resumption of legal deadlines and terms after the health crisis

    On March 1st, 2023, the Agreement resuming legal terms and deadlines at the Ministry of Energy (SENER) and the Energy Regulatory Commission (CRE) Agreement A/004/2023 containing the new rules applicable to certain formalities, procedures and activities after the suspension of deadlines due to the COVID-19 health emergency, came into force.

  • The new arbitration rules issued by the Mexican Arbitration Center cover an important need in the local arbitration market

    On December 1, 2022, the Mexican Arbitration Center (CAM) issued its new Arbitration Rules, which will be applicable to certain procedures.

  • 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.

  • Nearshoring: Key issues for companies looking to relocate or expand business in Mexico

    Due to its unique geographic location with respect to the North American, European and Asian markets, as well as its simultaneous integration to global value chains due to international trade and investment treaties such as the USMCA and the CPTPP, Mexico has positioned itself as one of the main destinations for the relocation of companies known as “nearshoring”. In this article, we share key information about this trend in international business.

  • Garrigues brings in attorney Diego Perales to strengthen the Energy practice in Chile

    Garrigues has hired the attorney Diego Perales as Of counsel with the Administrative Law Department’s Energy practice at the Santiago de Chile office. Diego Perales brings more than 20 years’ experience as an advisor to energy sector companies. He is an expert in legislation and regulations governing the electricity market and in corporate law.

  • Chilean Congress approves the Fintech Bill

    On October 12, 2022, the Chilean Congress approved the Fintech Bill (Fintech Law), which now only needs to be enacted by the president of the Republic to become a law. In this information alert we detail the highlights of this new regulation.

  • 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.

  • 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.