Aninat Schwencke & Cia has helped Ideal, a Chilean subsidiary of Mexican baked goods company Grupo Bimbo, win 4.4 billion pesos (US$6.8 million) in damages from Chilean TV network Canal 13.
Aninat Schwencke & Cia has helped market-leading Chilean steel maker CAP amend the terms and conditions of two bond indentures, before conducting two new offerings worth a combined US$236 million.
Brazil’s economic crisis and corruption problem is leading to an increase in compliance governing capital investments, but the country is devising incentives to keep foreign backers, heard delegates at Latin Lawyer’s 7th annual private equity conference, held in September in New York.
Javier Velozo at Aninat Schwencke & Cia, who acted for Movistar, said it is important for authorities to keep up with rapid change in the telecoms sector.
“This ruling presents a very fresh view of the market by the tribunal,” he said. “This will probably influence the regulation and mission of the market by future regulators.”
The outcome of Chile’s largest ever energy auction will slash electricity bills for consumers and could encourage economic growth, but lawyers are questioning the bankability of some of the awarded projects.