Latin America: International firms
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Compliance and investigations

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Cleary Gottlieb Steen & Hamilton

More information
Cleary Gottlieb Steen & Hamilton's background with sovereign governments and state-owned enterprises, makes it especially well positioned to handle cases before the DOJ, SEC and Commodities Futures Trading Commission (CFTC), and other enforcement agencies. The Latin America-focused team has a strong emphasis on anti-bribery and corruption, including FCPA investigations. It is working more intensively in connection with financial statements and disclosures on ESG and cyber controls; the firm represented Vale in an SEC investigation into securities disclosures relating to the company’s dam safety, resulting from the 2019 Brumadinho dam collapse in Brazil. The Latin America team benefits from the presence of a number of former SEC officials within the firm’s ranks, including Matthew Solomon in Washington DC. Furthermore, the hire of Washington DC-based David Last, the former chief of the FCPA unit at the DOJ, has deepened the firm’s expertise in government and internal investigations. Lisa Vicens ('vast experience and deep knowledge in white-collar matters') is a prominent name in FCPA and cross-border investigations, having represented big-name clients in a series of major engagements. Jonathan Kolodner is another important figure in white-collar criminal enforcement and regulatory matters. Named individuals are based in New York unless stated otherwise.  
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Testimonials

Collated independently by Legal 500 research team.

  • ‘This firm's compliance practice is distinguished by its personalised and proactive approach to assisting clients. Its ability to adapt innovative solutions to the individual needs of each client makes it stand out in the market. Team strengths and skills: in-house attorneys should know that this firm's team combines solid legal experience with exceptional interpersonal skills. Comparison with other firms: compared to other firms, this one stands out for the solidity of its professionals, its holistic and client-oriented approach. Recently, this firm has implemented initiatives to improve the client experience, such as investments in technology and continuous training programs. Additionally, they are committed to diversity and inclusion, reflecting their commitment to excellence and customer service.'

  • ‘The firm is distinguished by having outstanding references in the field of compliance and investigations, such as Lisa Vicens and David Last. Lisa Vicens is recognised for her vast experience and deep knowledge in white-collar matters, especially in the area of ​​compliance and investigations. Her meticulous approach and ability to address complex challenges have made her a highly respected figure in the industry. In addition, her Latin origin and perfect command of Spanish make her an ideal lawyer for the Latin American market. On the other hand, the incorporation of David Last was a masterstroke for the office. With a distinguished career at the Department of Justice (DoJ), David brings invaluable perspective and unparalleled experience to the legal field.'

  • ‘Cleary is an international tier 1 firm with extensive experience in LatAm and Brazil particularly. They have just incorporated David Last as a partner, he was head of the DOJ's FCPA unit and they maintain long-standing expert partners such as Lisa Vicens.'

  • ‘They have the pulse of the main current issues by working on the main issues of the moment. They are extraordinary technically and in personal relationships in the region. Lisa Vicens and Jonathan Kolodner are definitely a first choice.'

  • ‘The team has extensive experience in investigations and compliance procedures at an international level. They offer a comprehensive approach that ranges from risk prevention to defence in investigations and litigation. Their attorneys are specialised in a wide range of compliance and investigation areas. They are one of the largest and most experienced teams in the world.’

  • ‘I am constantly impressed by the Cleary team, including how collaborative and collegial they are. The team brings regional expertise to bear, as well as deep corporate relationships in the region. I’m always delighted to work with the Cleary lawyers.’

  • ‘Jon Kolodner and Lisa Vicens are standouts and work regularly throughout the region. They are excellent lawyers, understanding regulators’ expectations as well as practicalities. ’

  • ‘David Last - one of the great practitioners. Lisa Vicens - very skilled and available.'

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Key clients

  • Vale
  • Odebrecht

Work highlights

  • Represented Vale in an SEC investigation into securities disclosures related to the company’s dam safety in the wake of the 2019 Brumadinho dam collapse in Brazil and investigations of allegations that the company failed to conduct appropriate diligence in advance of a strategic transaction with an entity (BSGR) that was subsequently discovered to have engaged in corrupt payments in Africa.
  • Acted for Odebrecht (now known as Novonor) and related entities in two private securities actions in the Southern District of New York.

Lawyers

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Practice head

Lisa Vicens