Bylined article by Duane Layton, Edward Borovikov, Paulette Vander Schueren and Matthew McConkey discusses a World Trade Organization arbitration decision clarifying how and to what extent the industries of a WTO-member government may be targeted for countermeasures when the government has provided WTO-illegal subsidies.
9 October 2009 – The 2010 edition of IFLR1000, a guide to the world’s leading financial law firms, ranked Mayer Brown in 15 practice categories. Four practices were given top-tier rankings: Hong Kong Restructuring & Insolvency; Thailand Restructuring & Insolvency; United States Capital Markets – Structured Finance & Securitization; and Vietnam Banking & Finance. In addition, 26 partners were ranked as leading lawyers. IFLR1000 rankings are based on extensive independent research, and provides analysis of the best financial law firms operating in more than 100 markets worldwide.
In an arbitration panel decision handed down on 31 August 2009, the World Trade Organization (WTO) clarified how and to what extent the industries of a WTO Member government may be targeted for countermeasures when the government has provided WTO-illegal subsidies. Brazil had been seeking $2.68 billion in countermeasures, threatening to “cross-retaliate” by targeting US intellectual property rights and service businesses. However, the panel awarded only $294.7 million for fiscal year 2006.
Mabey & Johnson Ltd, a British company which manufactures bridge equipment, pleaded guilty at Southwark Crown Court to a series of corruption offences committed overseas and is to pay a total of £6.55m in connection with these offences. On Friday 25 September 2009 the company was ordered by the court to pay £4.6m in fines and disgorgement of profits. In addition, the company has undertaken to pay reparations to the affected countries.
22 September 2009 – Mayer Brown, a leading global law firm, announced today that the 2010 edition of Chambers Latin America ranks the firm in four Latin America-wide practice categories: Banking & Finance, Capital Markets, Corporate/M&A and Projects. Mayer Brown also is ranked in Brazil in the Banking & Finance: Locally Based International Counsel category.
25 August 2009 – Mayer Brown, a leading global law firm, announced today that Los Angeles partner Ricardo Gonzalez has relocated to the firm’s São Paulo office, which opened in December 2007 and is the firm’s first office in Latin America.
June 4, 2009 – Mayer Brown, a leading global law firm, announced today that Christopher Erckert has joined its Washington, D.C. office as a partner in the Global Projects group. Previously, he was a well-known and experienced partner in the Washington, D.C. office of Vinson & Elkins. He is the second hire for Mayer Brown’s Global Projects group in the last month.
Lack of liquidity, devalued currencies, historically high interest rates and declining revenues amidst the global credit crisis have made it extremely difficult for companies to service their debt. We review several restructuring alternatives for companies in Latin America and the Caribbean with US Dollar-denominated bond debt.
Mayer Brown, a leading global law firm, advised on three deals that received awards from International Financial Law Review (IFLR) in the IFLR 2009 Americas Awards competition. The awards recognized Mayer Brown’s work on the winning Securitization Deal of the Year, Private Equity Deal of the Year and Project Finance Deal of the Year.
March 12, 2009 – Two Latin American transactions for which Mayer Brown attorneys provided legal counsel were selected as the best in their respective categories in Project Finance magazine’s Project Finance Deals of the Year 2008 Americas. The awards ceremony was held at Cipriani Wall Street in New York before a crowd of nearly 250 people on March 5.
17 October 2008 - Mayer Brown LLP, a leading global law firm, advised The Bank of Nova Scotia in connection with the establishment of a $350 million syndicated credit facility for an affiliate of Advent International. Proceeds of the credit facility provided a portion of the financing used by the affiliate to acquire the operator of six airports in the Dominican Republic.
15 October 2008 - Mayer Brown LLP, a leading global law firm, announced today that six of its attorneys are ranked in the 2009 edition of Chambers Latin America. The new Chambers edition also ranks Mayer Brown practices in 3 Latin America-wide categories: Capital Markets, Corporate/M&A and Projects.
15 July 2008 - Leading international law firm Mayer Brown has advised Kappa Energy Holdings Ltd in connection with its sale to Pacific Rubiales Energy Corp (a TSX listed company) for $168 million.
June 2008 - There have been some exciting developments at Mayer Brown recently with particular significance for our emerging markets clients. We have also continued our track record of acting on some of the most innovative deals in the market. In this update, we highlight those developments and some of the more notable deals of the last 12 months.
8 May 2008 - On April 23, 2008, the US Department of the Treasury published its long-awaited proposed rules implementing the 2007 amendments to the US laws restricting foreign investments that may threaten US national security.
9 April 2008 - Mayer Brown LLP, a leading international firm, is pleased to announce that the firm has received two 2008 Americas Awards from International Financial Law Review (IFLR) for Project Finance Deal of the Year and Project Finance Team of the Year.
20 February 2008 - Three major projects for which attorneys of Mayer Brown's Infrastructure, Latin America and Projects Groups provided legal counsel are recognized as 2007 "Deals of the Year" for their innovation and ingenuity by Project Finance Magazine in its February issue.
14 December 2007 - Mayer Brown, a leading international law firm, has announced that Gianluca Bacchiocchi, Ricardo Gonzalez and Luke Richbourg have been promoted to the firm's partnership, effective January 1, 2008. Bacchiocchi, Gonzalez and Richbourg are members of the firm's Latin American practice group.
13 December 2007 - Mayer Brown, a leading international law firm, today announced the official opening of its new office in São Paulo, Brazil, following registration with the Brazilian Bar Association (OAB). Stephen Hood, a lawyer with extensive international experience, particularly in the Brazilian legal community, is the partner-in-charge of the office. Mayer Brown also announced that James Vickers, an experienced projects and infrastructure lawyer in the São Paulo office, will be promoted to partner on January 1.
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