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TozziniFreire Advogados

R. BORGES LAGOA 1328, SAO PAULO, SP, CEP 04038-904, BRAZIL
Tel:
Work +55 11 5086 5000
Web:
www.tozzinifreire.com.br

Brazil

Banking and finance
Banking and finance - ranked: tier 3

TozziniFreire Advogados

TozziniFreire Advogados regularly advises financial institutions on the negotiation and execution of loan agreements. Among its recent acquisition finance work, it advised JP Morgan Chase, Banco Santander and BBVA Bancomer on granting a $1.3bn bridge loan to Mexican dairy company Grupo Lala, which acquired Vigor Alimentos. Other clients include Banco do Brasil, Bank of America, development finance institution DEG, and the IFC. Antonio Felix de Araujo Cintra and the ‘skilledAlexei Bonamin are recommended.

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Bankruptcy and restructuring
Bankruptcy and restructuring - ranked: tier 4

TozziniFreire Advogados

TozziniFreire Advogados’ clients include Banco Santander, Banco Bradesco and Brookfield Infrastructure Group. Flávia Cristina Moreira de Campos Andrade heads the department. Luciana Faria Nogueira left for Manassero Campello Advogados in December 2017.

[back to top]

Capital markets
Capital markets - ranked: tier 2

TozziniFreire Advogados

TozziniFreire Advogados regularly acts on the structuring of public offerings of agribusiness, infrastructure and real estate securities. Other work included advising online travel company Despegar on its IPO; assisting RN Comércio Varejista with an issuance of debentures worth R$1.42bn; and acting for the initial purchasers, including Merrill Lynch and Santander Investment Securities, on an issuance of green bonds. Alexei Bonamin and Kenneth Ferreira are the names to note. The practice group was further strengthened in August 2018 with the hire of Gustavo Rabello who has over 10 years' capital markets experience, as well as on syndicated loans and project finance.

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 1

TozziniFreire Advogados

The team at TozziniFreire Advogados covers the gamut of antitrust and competition, and cooperates closely with the firm’s compliance and white-collar specialists. The practice is particularly renowned for its expertise in leniency agreements, having worked on many of the first international leniency agreements negotiated with CADE. Marcelo Calliari is currently representing a multinational company before CADE in three ongoing cartel investigations. Vivian Anne Fraga do Nascimento Arruda, who was promoted to partner in 2017, benefits from previous experience in antitrust enforcement with the Brazilian government. 2018 saw Marcio de Carvalho Silveira Bueno and Daniel Oliveira Andreoli leave to establish Caminati Bueno Advogados and join Demarest Advogados respectively, however, the firm has hired Guilherme Ribas – formerly head of competition matters at Mundie Advogados.

Leading lawyers

Marcelo Calliari - TozziniFreire Advogados

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Corporate and M&A (including ‘compliance’)
Corporate and M&A (including ‘compliance’) - ranked: tier 1

TozziniFreire Advogados

Clearly in the top tier of full-service law firms in Brazil’, TozziniFreire Advogados fields a ‘very professional and pragmatic’ corporate team. The department benefits from the firm’s ‘broad scope of services’, ensuring the input of tax and compliance experts in complex M&A transactions. Clients also highlight the team’s ‘great service culture’. It has notable experience acting for buyers and sellers as well as investment banks acting as financial advisers. In 2017, Darcy Teixeira Junior advised Vallée on its sale to Merck Animal Health, and Elysangela de Oliveira Rabelo Maurer advised Hospital Vera Cruz and over 90 selling shareholders on the sale of a 64.15% interest to Caledônia Saúde. Shin Jae Kim and Renata Muzzi Gomes de Almeida are highly regarded for their compliance and anti-corruption work; the firm was among the first major law firms in the market to establish such a practice, and it continues to go from strength to strength. In 2016, the firm established a dedicated start-ups and innovation practice. The ‘very clever’ João Alfredo Busin Fernandes and ‘smart, practical and responsiveMarcela Waksman Ejnisman are recommended along with Maria Elisa Gualandi Verri, Martin Miralles Pose and associate Carla do Couto Hellu Battilana. In addition, the team was further strengthened in August 2018 with the hire of André Camargo, who has over 18 years’ experience in corporate and transactional matters.

Leading lawyers

Martin Miralles Pose - TozziniFreire Advogados

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Dispute resolution
Dispute resolution: Arbitration - ranked: tier 2

TozziniFreire Advogados

Dispute resolution: Litigation - ranked: tier 2

TozziniFreire Advogados

TozziniFreire Advogados handles arbitration cases for clients such as Cadillac Fairview, Kirin Holdings and Renova Energia. On the litigation side, the group filed a writ of mandamus for Sumitomo in order to challenge the Ministry of Development, Industry and Foreign Trade’s calculation methodology concerning the import and resale price of tyres. In another case, the firm is representing Coteminas in seven civil actions relating to farming property which was transferred to the client in payment of a debt. Flávia Cristina de Campos Andrade, Fernando Eduardo Serec and Antonio Marzagão Barbuto Neto are recommended.

[back to top]

Environment
Environment - ranked: tier 2

TozziniFreire Advogados

With over 15 years of experience behind it, the environmental group at TozziniFreire Advogados is well versed in the areas of environmental licensing, contaminated sites and pre-acquisition due diligence, as well as assisting developers and investors with climate change and carbon market issues. Bianca Signorini Antacli, who has ‘excellent regulatory knowledge’, is acting for União Química on the potential acquisition of a manufacturing plant owned by Zoetis, including advising on the negotiation of a long-term manufacturing agreement. ‘Practical, objective’ practice head Adriana Mathias Baptista is ‘outstanding’.

Leading lawyers

Adriana Mathias Baptista - TozziniFreire Advogados

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Insurance
Insurance - ranked: tier 4

TozziniFreire Advogados

TozziniFreire Advogados’ insurance practice spans transactional, regulatory, consulting and litigation. In the latter area, its recent work includes representing a global insurance group in a lawsuit filed against it concerning a group life insurance policy; Antonio Marzagão Barbuto Neto led the team. Marcio Mello Silva Baptista is recommended.

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Intellectual property
Intellectual property - ranked: tier 3

TozziniFreire Advogados

Full-service law firm TozziniFreire Advogados advises large companies – domestic and international – on IP matters, in areas such as trade mark and patent prosecution, and licensing, franchise and technology transfer agreements. It also has niche expertise in fashion law; in recent work, Andreia de Andrade Gomes assisted a Brazilian fashion company on the expansion of its brand worldwide. Marcela Waksman Ejnisman’s practice takes in IP, technology and cybersecurity.

[back to top]

International trade and customs
International trade and customs - ranked: tier 3

TozziniFreire Advogados

TozziniFreire Advogados’ experienced team acts for leading Brazilian and international clients in anti-dumping investigations and a range of customs matters. It also stands out for the strength of its trade and customs compliance training. Clients include Veolia, Celanese and Jaguar Land Rover. Vera Kanas is the name to note.

[back to top]

Labour and employment
Labour and employment - ranked: tier 1

TozziniFreire Advogados

With expertise in employment claims, mass terminations, strikes and negotiations with unions, and corporate governance structures, TozziniFreire Advogados’ nine-partner group acts for clients such as Colgate-Palmolive, BMW, Mastercard, Ford and Siemens. It successfully represented Ford in a dispute against the steelworkers’ union concerning the recognition of a work schedule requiring work on Saturdays; the labour court’s ruling in Ford’s favour was a significant decision in terms of the company’s production capacity. Marcelo Pereira Gômara, Mihoko Sirley Kimura, Roberto Pierri Bersch and Alexandre de Almeida Cardoso are the names to note.

Leading lawyers

Marcelo Pereira Gômara - TozziniFreire Advogados

Mihoko Sirley Kimura - TozziniFreire Advogados

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Projects and infrastructure
Projects and infrastructure - ranked: tier 2

TozziniFreire Advogados

TozziniFreire Advogados’ project and finance team is highlighted for its ‘very good overall level of service’. While it has particular expertise in the oil and gas sector, it also covers infrastructure projects in other areas. It recently assisted Consbem, as part of a consortium, in undertaking feasibility studies for the concession of the operation and maintenance of lines 8 and 9 of the metro network in São Paulo’s metropolitan region. Antonio Felix de Araujo Cintra and Pedro Seraphim co-head the team.

[back to top]

Public law
Public law - ranked: tier 2

TozziniFreire Advogados

The ‘professional and pragmatic’ team at TozziniFreire Advogados covers the gamut of mandates involving administrative law and government contracts. Recent work includes advising Oracle on several matters concerning the management of public contracts and administrative proceedings with governmental agencies. Other clients include ADP Management – Paris Aéroport, Terminal de Contêineres de Paranaguá, and Ford. Practice head Claudia Elena Bonelli is ‘a very experienced lawyer with deep knowledge of the public sector’, and Ana Cândida de Mello Carvalho is also highly recommended. Shin Jae Kim is the main contact in the firm’s well-established compliance and crisis management department.

[back to top]

Real estate
Real estate - ranked: tier 2

TozziniFreire Advogados

TozziniFreire Advogados provides ‘an excellent service’ and is particularly recommended for ‘complex deals, due to its experience and knowledge in the real estate market’. The firm complements its real estate expertise – in areas including hotels, shopping malls, and office, factory and distribution centre developments – with ancillary capabilities in M&A, tax, government contracts and administrative law. Among its work highlights, Pablo Meira Queiroz advised SBA Torres Brasil on the acquisition of Highline do Brasil Infraestrutura de Telecomunicações and a real estate subsidiary. Other names to note include ‘excellent attorneyVladimir Miranda Abreu, Paulo Augusto Furtado Mendonça and senior associate Ben-Hur Belmonte Neto.

Next generation lawyers

Ben Hur Belmonte Neto - TozziniFreire Advogados

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TMT
TMT - ranked: tier 5

TozziniFreire Advogados

TozziniFreire Advogados handles cutting-edge matters in areas such as artificial intelligence and connected cars, and recently advised Facebook on advertising matters. Marcela Waksman Ejnisman leads the team.

[back to top]

Tax
Tax - ranked: tier 4

TozziniFreire Advogados

TozziniFreire Advogados’ tax team advises on high-value M&A, international trade, and international tax matters, and handles tax litigation in venues across the country. It also has impressive industry-specific tax knowledge spanning the telecoms, IT and energy industries, among others. The team’s diverse client base includes major international companies, high-net-worth individuals and start-ups. Vinicius Jucá Alves acted for the Brazilian Association of Agribusiness (ABAG) as amicus curiae in two cases before the Supreme Court concerning the constitutionality of certain tax penalties. Jerry Levers de Abreu is recommended. Ana Cláudia Akie Utumi and Camila Abrunhosa Tapias left for Utumi Advogados, though Utumi continues to act as a consultant to the firm.

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Brazil: Energy and natural resources

Electricity
Energy and natural resources: electricity - ranked: tier 1

TozziniFreire Advogados

Noted for its ‘excellent client service’, TozziniFreire Advogados has very strong credentials in renewable energy, and also covers a broad range of power matters. A recent highlight was assisting Proparco with due diligence and the development of tax and regulatory structures relating to a €90m loan to Enel Green Power to further finance the Ituverava photovoltaic plant, which will make it the biggest plant in Brazil. The firm also advised Renova Energia on the R$650m sale of its Alto Sertão II wind farms to AES Tietê Energia; and China Three Gorges on its $1.2bn acquisition of Duke Energy’s Brazilian business. Heloísa Scaramucci ‘finds the best solutions for her clients’.

[back to top]

Latin America: International firms

Local practitioners of note (by country)

Renato Stephan Grion at Pinheiro Neto Advogadosknows the ICC procedure very well, as well as the particularities of the Brazilian market’, and is noted alongside practice head Gilberto Giusti, who recently handled a series of multimillion-dollar ICC arbitrations. Marcelo Roberto Ferro at Ferro, Castro Neves, Daltro & Gomide Advogados is ‘an excellent arbitrator’ and is particularly experienced in handling disputes with Brazilian interests. Ferro recently handled a number of high-stakes construction and commercial disputes. Lilla, Huck, Otranto, Camargo Advogados’s 24-lawyer team regularly represents clients in arbitrations in the energy and construction sectors: Hermes Marcelo Huck, Fábio Peixinho Gomes Corrêa and Rogério Carmona Bianco are highly regarded. At Machado Meyer Sendacz e Opice Advogados, Eliane Cristina Carvalho and Gláucia Mara Coelho regularly handle contractual disputes and count Michelin, Concessionária do Centro Administrativo Do Distrito Federal and Air Products Brasil as active clients, among others. Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga AdvogadosEduardo Damião Gonçalves acts as counsel and arbitrator in a broad range of commercial and construction disputes. TozziniFreire Advogados’ practice head Fernando Eduardo Serec represents clients from a wide range of sectors and has experience acting as both party counsel and arbitrator. L.O. Baptista Advogados handles a steady stream of commercial and construction disputes; Mauricio Almeida Prado, Adriana Braghetta and Fernando Marcondes are the key names to note. At Stocche Forbes Advogados, Rafael Passaro is recommended for contractual disputes as well as disputes involving administrative proceedings. José Antonio Fichtner at Andrade & Fichtner Advogados has notable experience of handing international arbitration in the energy and infrastructure sectors. André Cavalcanti Abbud at BMA - Barbosa, Müssnich, Aragão is ‘a master of Brazilian corporate and civil law’. Gabriel Seijo Leal de Figueiredo and Carlos Braga at Cescon, Barrieu, Flesch & Barreto Advogados are noted. Eduardo Damião Gonçalves at Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados and Pedro Soares Maciel at Lefosse Advogados are also key figures in the arbitration sphere. Lobo de Rizzo Advogados’s Luis Fernando Guerrero, and Luiz Olavo Baptista at Atelier Jurídico are noted arbitrators.

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Brazil

Banking and finance
Banking and finance - ranked: tier 3

TozziniFreire Advogados

TozziniFreire Advogados regularly advises financial institutions on the negotiation and execution of loan agreements. Among its recent acquisition finance work, it advised JP Morgan Chase, Banco Santander and BBVA Bancomer on granting a $1.3bn bridge loan to Mexican dairy company Grupo Lala, which acquired Vigor Alimentos. Other clients include Banco do Brasil, Bank of America, development finance institution DEG, and the IFC. Antonio Felix de Araujo Cintra and the ‘skilledAlexei Bonamin are recommended.

[back to top]

Bankruptcy and restructuring
Bankruptcy and restructuring - ranked: tier 4

TozziniFreire Advogados

TozziniFreire Advogados’ clients include Banco Santander, Banco Bradesco and Brookfield Infrastructure Group. Flávia Cristina Moreira de Campos Andrade heads the department. Luciana Faria Nogueira left for Manassero Campello Advogados in December 2017.

[back to top]

Capital markets
Capital markets - ranked: tier 2

TozziniFreire Advogados

TozziniFreire Advogados regularly acts on the structuring of public offerings of agribusiness, infrastructure and real estate securities. Other work included advising online travel company Despegar on its IPO; assisting RN Comércio Varejista with an issuance of debentures worth R$1.42bn; and acting for the initial purchasers, including Merrill Lynch and Santander Investment Securities, on an issuance of green bonds. Alexei Bonamin and Kenneth Ferreira are the names to note. The practice group was further strengthened in August 2018 with the hire of Gustavo Rabello who has over 10 years' capital markets experience, as well as on syndicated loans and project finance.

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 1

TozziniFreire Advogados

The team at TozziniFreire Advogados covers the gamut of antitrust and competition, and cooperates closely with the firm’s compliance and white-collar specialists. The practice is particularly renowned for its expertise in leniency agreements, having worked on many of the first international leniency agreements negotiated with CADE. Marcelo Calliari is currently representing a multinational company before CADE in three ongoing cartel investigations. Vivian Anne Fraga do Nascimento Arruda, who was promoted to partner in 2017, benefits from previous experience in antitrust enforcement with the Brazilian government. 2018 saw Marcio de Carvalho Silveira Bueno and Daniel Oliveira Andreoli leave to establish Caminati Bueno Advogados and join Demarest Advogados respectively, however, the firm has hired Guilherme Ribas – formerly head of competition matters at Mundie Advogados.

Leading lawyers

Marcelo Calliari - TozziniFreire Advogados

[back to top]

Corporate and M&A (including ‘compliance’)
Corporate and M&A (including ‘compliance’) - ranked: tier 1

TozziniFreire Advogados

Clearly in the top tier of full-service law firms in Brazil’, TozziniFreire Advogados fields a ‘very professional and pragmatic’ corporate team. The department benefits from the firm’s ‘broad scope of services’, ensuring the input of tax and compliance experts in complex M&A transactions. Clients also highlight the team’s ‘great service culture’. It has notable experience acting for buyers and sellers as well as investment banks acting as financial advisers. In 2017, Darcy Teixeira Junior advised Vallée on its sale to Merck Animal Health, and Elysangela de Oliveira Rabelo Maurer advised Hospital Vera Cruz and over 90 selling shareholders on the sale of a 64.15% interest to Caledônia Saúde. Shin Jae Kim and Renata Muzzi Gomes de Almeida are highly regarded for their compliance and anti-corruption work; the firm was among the first major law firms in the market to establish such a practice, and it continues to go from strength to strength. In 2016, the firm established a dedicated start-ups and innovation practice. The ‘very clever’ João Alfredo Busin Fernandes and ‘smart, practical and responsiveMarcela Waksman Ejnisman are recommended along with Maria Elisa Gualandi Verri, Martin Miralles Pose and associate Carla do Couto Hellu Battilana. In addition, the team was further strengthened in August 2018 with the hire of André Camargo, who has over 18 years’ experience in corporate and transactional matters.

Leading lawyers

Martin Miralles Pose - TozziniFreire Advogados

[back to top]

Dispute resolution
Dispute resolution: Arbitration - ranked: tier 2

TozziniFreire Advogados

Dispute resolution: Litigation - ranked: tier 2

TozziniFreire Advogados

TozziniFreire Advogados handles arbitration cases for clients such as Cadillac Fairview, Kirin Holdings and Renova Energia. On the litigation side, the group filed a writ of mandamus for Sumitomo in order to challenge the Ministry of Development, Industry and Foreign Trade’s calculation methodology concerning the import and resale price of tyres. In another case, the firm is representing Coteminas in seven civil actions relating to farming property which was transferred to the client in payment of a debt. Flávia Cristina de Campos Andrade, Fernando Eduardo Serec and Antonio Marzagão Barbuto Neto are recommended.

[back to top]

Environment
Environment - ranked: tier 2

TozziniFreire Advogados

With over 15 years of experience behind it, the environmental group at TozziniFreire Advogados is well versed in the areas of environmental licensing, contaminated sites and pre-acquisition due diligence, as well as assisting developers and investors with climate change and carbon market issues. Bianca Signorini Antacli, who has ‘excellent regulatory knowledge’, is acting for União Química on the potential acquisition of a manufacturing plant owned by Zoetis, including advising on the negotiation of a long-term manufacturing agreement. ‘Practical, objective’ practice head Adriana Mathias Baptista is ‘outstanding’.

Leading lawyers

Adriana Mathias Baptista - TozziniFreire Advogados

[back to top]

Insurance
Insurance - ranked: tier 4

TozziniFreire Advogados

TozziniFreire Advogados’ insurance practice spans transactional, regulatory, consulting and litigation. In the latter area, its recent work includes representing a global insurance group in a lawsuit filed against it concerning a group life insurance policy; Antonio Marzagão Barbuto Neto led the team. Marcio Mello Silva Baptista is recommended.

[back to top]

Intellectual property
Intellectual property - ranked: tier 3

TozziniFreire Advogados

Full-service law firm TozziniFreire Advogados advises large companies – domestic and international – on IP matters, in areas such as trade mark and patent prosecution, and licensing, franchise and technology transfer agreements. It also has niche expertise in fashion law; in recent work, Andreia de Andrade Gomes assisted a Brazilian fashion company on the expansion of its brand worldwide. Marcela Waksman Ejnisman’s practice takes in IP, technology and cybersecurity.

[back to top]

International trade and customs
International trade and customs - ranked: tier 3

TozziniFreire Advogados

TozziniFreire Advogados’ experienced team acts for leading Brazilian and international clients in anti-dumping investigations and a range of customs matters. It also stands out for the strength of its trade and customs compliance training. Clients include Veolia, Celanese and Jaguar Land Rover. Vera Kanas is the name to note.

[back to top]

Labour and employment
Labour and employment - ranked: tier 1

TozziniFreire Advogados

With expertise in employment claims, mass terminations, strikes and negotiations with unions, and corporate governance structures, TozziniFreire Advogados’ nine-partner group acts for clients such as Colgate-Palmolive, BMW, Mastercard, Ford and Siemens. It successfully represented Ford in a dispute against the steelworkers’ union concerning the recognition of a work schedule requiring work on Saturdays; the labour court’s ruling in Ford’s favour was a significant decision in terms of the company’s production capacity. Marcelo Pereira Gômara, Mihoko Sirley Kimura, Roberto Pierri Bersch and Alexandre de Almeida Cardoso are the names to note.

Leading lawyers

Marcelo Pereira Gômara - TozziniFreire Advogados

Mihoko Sirley Kimura - TozziniFreire Advogados

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 2

TozziniFreire Advogados

TozziniFreire Advogados’ project and finance team is highlighted for its ‘very good overall level of service’. While it has particular expertise in the oil and gas sector, it also covers infrastructure projects in other areas. It recently assisted Consbem, as part of a consortium, in undertaking feasibility studies for the concession of the operation and maintenance of lines 8 and 9 of the metro network in São Paulo’s metropolitan region. Antonio Felix de Araujo Cintra and Pedro Seraphim co-head the team.

[back to top]

Public law
Public law - ranked: tier 2

TozziniFreire Advogados

The ‘professional and pragmatic’ team at TozziniFreire Advogados covers the gamut of mandates involving administrative law and government contracts. Recent work includes advising Oracle on several matters concerning the management of public contracts and administrative proceedings with governmental agencies. Other clients include ADP Management – Paris Aéroport, Terminal de Contêineres de Paranaguá, and Ford. Practice head Claudia Elena Bonelli is ‘a very experienced lawyer with deep knowledge of the public sector’, and Ana Cândida de Mello Carvalho is also highly recommended. Shin Jae Kim is the main contact in the firm’s well-established compliance and crisis management department.

[back to top]

Real estate
Real estate - ranked: tier 2

TozziniFreire Advogados

TozziniFreire Advogados provides ‘an excellent service’ and is particularly recommended for ‘complex deals, due to its experience and knowledge in the real estate market’. The firm complements its real estate expertise – in areas including hotels, shopping malls, and office, factory and distribution centre developments – with ancillary capabilities in M&A, tax, government contracts and administrative law. Among its work highlights, Pablo Meira Queiroz advised SBA Torres Brasil on the acquisition of Highline do Brasil Infraestrutura de Telecomunicações and a real estate subsidiary. Other names to note include ‘excellent attorneyVladimir Miranda Abreu, Paulo Augusto Furtado Mendonça and senior associate Ben-Hur Belmonte Neto.

Next generation lawyers

Ben Hur Belmonte Neto - TozziniFreire Advogados

[back to top]

TMT
TMT - ranked: tier 5

TozziniFreire Advogados

TozziniFreire Advogados handles cutting-edge matters in areas such as artificial intelligence and connected cars, and recently advised Facebook on advertising matters. Marcela Waksman Ejnisman leads the team.

[back to top]

Tax
Tax - ranked: tier 4

TozziniFreire Advogados

TozziniFreire Advogados’ tax team advises on high-value M&A, international trade, and international tax matters, and handles tax litigation in venues across the country. It also has impressive industry-specific tax knowledge spanning the telecoms, IT and energy industries, among others. The team’s diverse client base includes major international companies, high-net-worth individuals and start-ups. Vinicius Jucá Alves acted for the Brazilian Association of Agribusiness (ABAG) as amicus curiae in two cases before the Supreme Court concerning the constitutionality of certain tax penalties. Jerry Levers de Abreu is recommended. Ana Cláudia Akie Utumi and Camila Abrunhosa Tapias left for Utumi Advogados, though Utumi continues to act as a consultant to the firm.

[back to top]

Brazil: Energy and natural resources

Electricity
Energy and natural resources: electricity - ranked: tier 1

TozziniFreire Advogados

Noted for its ‘excellent client service’, TozziniFreire Advogados has very strong credentials in renewable energy, and also covers a broad range of power matters. A recent highlight was assisting Proparco with due diligence and the development of tax and regulatory structures relating to a €90m loan to Enel Green Power to further finance the Ituverava photovoltaic plant, which will make it the biggest plant in Brazil. The firm also advised Renova Energia on the R$650m sale of its Alto Sertão II wind farms to AES Tietê Energia; and China Three Gorges on its $1.2bn acquisition of Duke Energy’s Brazilian business. Heloísa Scaramucci ‘finds the best solutions for her clients’.

[back to top]

Latin America: International firms

Local practitioners of note (by country)

Renato Stephan Grion at Pinheiro Neto Advogadosknows the ICC procedure very well, as well as the particularities of the Brazilian market’, and is noted alongside practice head Gilberto Giusti, who recently handled a series of multimillion-dollar ICC arbitrations. Marcelo Roberto Ferro at Ferro, Castro Neves, Daltro & Gomide Advogados is ‘an excellent arbitrator’ and is particularly experienced in handling disputes with Brazilian interests. Ferro recently handled a number of high-stakes construction and commercial disputes. Lilla, Huck, Otranto, Camargo Advogados’s 24-lawyer team regularly represents clients in arbitrations in the energy and construction sectors: Hermes Marcelo Huck, Fábio Peixinho Gomes Corrêa and Rogério Carmona Bianco are highly regarded. At Machado Meyer Sendacz e Opice Advogados, Eliane Cristina Carvalho and Gláucia Mara Coelho regularly handle contractual disputes and count Michelin, Concessionária do Centro Administrativo Do Distrito Federal and Air Products Brasil as active clients, among others. Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga AdvogadosEduardo Damião Gonçalves acts as counsel and arbitrator in a broad range of commercial and construction disputes. TozziniFreire Advogados’ practice head Fernando Eduardo Serec represents clients from a wide range of sectors and has experience acting as both party counsel and arbitrator. L.O. Baptista Advogados handles a steady stream of commercial and construction disputes; Mauricio Almeida Prado, Adriana Braghetta and Fernando Marcondes are the key names to note. At Stocche Forbes Advogados, Rafael Passaro is recommended for contractual disputes as well as disputes involving administrative proceedings. José Antonio Fichtner at Andrade & Fichtner Advogados has notable experience of handing international arbitration in the energy and infrastructure sectors. André Cavalcanti Abbud at BMA - Barbosa, Müssnich, Aragão is ‘a master of Brazilian corporate and civil law’. Gabriel Seijo Leal de Figueiredo and Carlos Braga at Cescon, Barrieu, Flesch & Barreto Advogados are noted. Eduardo Damião Gonçalves at Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados and Pedro Soares Maciel at Lefosse Advogados are also key figures in the arbitration sphere. Lobo de Rizzo Advogados’s Luis Fernando Guerrero, and Luiz Olavo Baptista at Atelier Jurídico are noted arbitrators.

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    The new anti-money laundering ( AML ) law of the UAE took effect at the end of October 2018. Containing features recommended by the Financial Action Task Force ( FATF ), the new law introduces subtle but important changes to the AML landscape in the UAE. 
  • Confidentiality Under Renewed Focus

    The UAE federal government has recently issued a raft of important legislation, addressing and in many ways updating areas of law that are key to businesses in the jurisdiction. Amongst this legislation is Federal Decree-Law 14 of 2018 concerning the central bank and the organisation of financial institutions and activities (the New Banking Law ) and Federal Decree-Law 20 of 2018 concerning anti-money laundering and anti-terrorism financing (the New AML Law ). Both the New Banking Law and the New AML Law repeal and replace the previous legislation on their respective subjects. Importantly, the New Banking Law and the New AML Law have together enhanced the protection afforded to confidential information under UAE law, in particular where financial and legal service providers and their customers and clients are concerned. 
  • Israel Chapter in The Virtual Currency Regulation Review

    Earlier this year, the Israel Tax Authority (ITA) issued two circulars, one on the taxation of digital tokens and the second addressing the taxation of utility tokens in initial coin offerings (ICOs). Additionally, in March, the Israel Securities Authority (ISA) released a detailed interim report by the Committee for the Regulation of Public Offerings of Decentralized Cryptocurrency Coins (Report) (with a follow-up report due to come out around October 2018). Moreover, it is expected that before the end of 2018, legislation will come into force that for the first time will see Israeli primary legislation define virtual currencies as financial assets and mandate licensing for related services, as is later discussed in detail.