Greenberg Traurig Mexico bolsters its Corporate, Environmental, Energy, and Financial Practices with the promotion of four lawyers
Mexico, Greenberg Traurig
Global law firm Greenberg Traurig announced the elevation of Víctor Felipe Callarisa Rivera and Rocío Olea Salgado to shareholder and Luis Jorge Akle Arronte and Rodrigo Vázquez del Mercado-Rivera to of counsel. With these elevations, the office now has 27 shareholders, three of counsels, and more t...
Davis Polk advises Banco de Crédito del Perú on issuance of subordinated bonds worth $750 million
Peru, Davis Polk
Davis Polk has advised Banco de Crédito del Perú (BCP) in connection with an offering of $750 million aggregate principal amount of 6.450% subordinated fixed-to-fixed-rate notes due 2035 (callable 2030) under its existing medium-term notes program. The notes were issued pursuant to Rule 144A and Reg...
U.S.-Chile Tax Treaty: Tax Benefits for Chilean Residents
Chile, Diaz Reus
The U.S.-Chile Tax Treaty (the "Treaty"), which is currently in force, introduces significant tax benefits for Chilean residents conducting business in the United States. Among its most advantageous provisions are Articles 7 and 14, which establish clear rules for the taxation of business profits an...
Increase in Minimum Wage for the Free Zone Sector
Dominican Republic
Ulises Cabrera - On April 29, 2025, the Comité Nacional de Salarios (CNS) of the Dominican Republic announced the approval of a 25% increase in the minimum wage applicable to workers in the free zone sector (zonas francas). This adjustment will be implemented in two phases, as follows:
Phase O...
Skadden Bolsters Latin America Team with promotion of José Manuel Vivanco to Partner
Latin America-wide, Skadden, Arps, Slate, Meagher & Flom LLP
Skadden, Arps, Slate, Meagher & Flom LLP has expanded its Latin America team in New York by promoting counsel José Manuel Vivanco to partner.
Mr. Vivanco focuses his practice on cross-border mergers, acquisitions, dispositions and other corporate matters, with a particular emphasis on Latin Ameri...
The importance of MYPES in Peru
Peru
OMC abogados - For Peru, Micro and Small Enterprises (MYPES) play an important role in the country’s economic activity, since they currently represent a large percentage of the Peruvian Gross Domestic Product (GDP). As an economic unit it can be constituted by a natural or legal person (company), w...
TCA Tanoira Cassagne appoints new partners
Argentina
TCA Tanoira Cassagne has appointed three new partners: Juan Martín de la Vega to its "Dispute Resolution" practice area, Dolores Nazar Marzari to its "New Business, Innovation and Digital Transformation" practice area and Magdalena Carbó to its "Administrative Law" practice area.
The appointment ...
Greenberg Traurig advises Procaps on $130 million equity investment and $209 million debt restructuring in Latin America
International, Greenberg Traurig
Greenberg Traurig, LLP, a global law firm, advised Procaps Group, a leading integrated pharmaceutical and healthcare company in Latin America, on its $130 million equity investment, comprehensive debt restructuring of approximately $209 million and strategic leadership transition.
Procaps raised...
Guatemala launches mega-projects and boosts its energy future
Guatemala, BLP Legal
BLP Legal - On 23 April 2025, the Guatemalan Ministry of Energy and Mines (MEM) and the National Electricity Commission (CNEE), officially announced the launch of tenders for (1) PEG-5 of EEGSA, DEOCSA, and DEORSA and PET-3 of the MEM, representing an important step in developing the country’s energ...
SEMARNAT simplifies procedures and issues new forms to be used for submitting applications in Mexico
Mexico, Galicia Abogados
Galicia - El 24 de abril de 2025 se publica el «Acuerdo por el que se hacen públicas las medidas de simplificación administrativa aplicadas y se emiten y modifican los formatos de los procedimientos a cargo de la Secretaría de Medio Ambiente y Recursos Naturales (el "Acuerdo"). Secretaría de Medio A...
New regime for regularizing obligations and credits with CAMMESA
Argentina, Bomchil
Bomchil - On April 23, 2025, Provision No. 1/25 (the "Provision") of the Undersecretariat of Electric Energy was published in the Official Gazette, by which a new regime for the regularization of obligations of the Wholesale Electricity Market (MEM) was approved for debts held with the Wholesale Ele...
Bukele proposes Minimum Wage Increase in El Salvador
El Salvador, Arias Law
Arias Law - President Nayib Bukele has published on social media that a proposal has been submitted to the National Minimum Wage Council to increase the minimum wage by TWELVE PERCENT (12%) for the Maquila, Industry, Agro and Commerce and Services sectors, effective June 2025.
The National Minimu...
