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  • September 28, 2010 |

    Norton Rose and leading indys act on China/Brazil financing

    Norton Rose has advised on a $.1.2bn (£758m) trade loan from the Export-Import Bank of China and the Bank of China in a deal that underlines the growing trade links between Asia and Brazil.

    1 minute read

  • September 24, 2010 |

    Brazil Bar rules against associations with foreign law firms

    International law firms with Brazilian alliances look set to come under renewed regulatory pressure after the Sao Paulo Bar Association this month concluded that formal tie-ups breach local practice rules. The recent opinion from the Sao Paulo Bar (Ordem dos Advogados do Brasil - Secao de Sao Paulo) illustrates the mounting tension over the recent influx of foreign law firms into Brazil's fast-growing market. Though the decision by the ethical and disciplinary tribunal of the Sao Paulo Bar is only advisory, it is regarded as giving an indication as to which way a ruling would go if a case were to be pursued against one of the foreign firms operating in Brazil in alliance with a local firm.

    1 minute read

  • September 24, 2010 |

    Shearman signs exclusive Kaplan deal to train up London associates

    Shearman & Sterling has signed an exclusive deal with Kaplan Law School to provide the Legal Practice Course (LPC) and Graduate Diploma of Law (GDL) for its London trainees. As a part of the agreement, which will start in Autumn 2011, trainees at the US firm's London office will participate in Kaplan's 'Bridge to Practice' programme, which is designed to ease the transition from the LPC into a commercial law firm. The programme comprises practical modules and work experience, including workshops on topics such as working with partners, negotiation, legal ethics and internal law firm politics.

    1 minute read

  • September 24, 2010 |

    In depth: Latin America

    Bakers, Shearman and Sullivan on how the Latin American market has put a turbulent past behind it to secure a bold new future...

    1 minute read

  • September 22, 2010 |

    Number of US lawyers applying to practice HK law quadruples in two years

    The number of US lawyers applying to practice local law in Hong Kong has quadrupled over the past two years as the region becomes a hot spot for companies listing on its stock exchange. Figures from the Hong Kong Law Society show that 64 US lawyers took the Hong Kong overseas lawyers qualification examination (QLQE) exam last year compared to 14 in 2008, and the trend looks set to continue with an estimated 65 having taken the exam so far in 2010.

    1 minute read

  • September 22, 2010 |

    Latin America: The boys from Brazil

    Brazil has long been an M&A magnet for foreign buyers, often looking to pick up assets in the country's booming agribusiness, commodities and energy sectors. But data for the first half of 2010 recently released by ANBIMA, the Brazilian association of financial and capital markets firms, reveals that for the first time acquisitions abroad by Brazilian companies outweighed purchases of Brazilian businesses by foreign investors, in terms of both aggregate deal value and number of transactions. Brazilian businesses spent $22bn (£14bn) on purchases of foreign businesses in the six months to 30 June, compared with inbound acquisitions totalling $9.3bn (£5.9bn).

    1 minute read

  • September 22, 2010 |

    Latin America: Tomorrow's country today

    From the dark days of the 1980s, a newly-confident Brazil has emerged. Alex Aldridge reports on one of the most hotly-tipped emerging economies and the lawyers scrambling to keep up

    1 minute read

  • September 8, 2010 |

    Pinsents seals hire of Shearman partner for Singapore operation

    Pinsent Masons' Singapore joint venture is set to grow its projects practice with the hire of a partner from Shearman & Sterling. Project finance partner David Platt will join Pinsents in November and will first spend a period of time in the firm's City office, before transferring to Pinsent Masons MPillay in Singapore next year.

    1 minute read

  • September 6, 2010 |

    Cleary takes top role for Brazilian oil firm on record $75bn share offering

    Cleary Gottlieb Steen & Hamilton is advising Brazilian oil and gas giant Petrobras on its plan to raise nearly $75bn (£49bn) in the world's largest-ever share sale, reports The Am Law Daily. The US firm is acting as issuer's counsel on the sale, which will finance investments in developing offshore oil fields.

    1 minute read

  • August 31, 2010 |

    Kirkland makes up nine lawyers to partnership in London office

    Kirkland & Ellis has made up nine lawyers to partner in the US firm's London office. The promotions, which are effective as of 1 October, are spread across several practice areas, including corporate, tax, funds, restructuring and arbitration. Kirkland London office head Jim Learner (pictured) commented: "This reflects the fact that we continue to grow in London, and a number of people who have worked up the ranks here have now had the opportunity to be admitted. The nine lawyers who were promoted are all terrific candidates."

    1 minute read