In addition to representing Latin American companies in arbitration matters, we also regularly advise major Latin American companies on their US securities law reporting requirements and obligations under Sarbanes-Oxley.
- Commercial litigation. We represented Grupo Carso and Grupo Sanborns in reversing a $454 million jury verdict arising out of a claim relating to the opening of CompUSA stores in Mexico. We continue to represent Grupo Carso, Telefonos de Mexico, Condumex, América Móvil, Grupo Sanborns, Banco Inbursa and their affiliates in various litigation matters throughout the United States.
- Construction arbitration. We represented a major global steel company in its negotiation for a settlement in an arbitration case related to an EPC contract.
- International arbitration. We represented a Brazilian steel manufacturer in an international arbitration brought before the International Center for Dispute by a US coal company. The dispute arose over whether contractual provisions gave our client relief from the supply of coal during the global economic crisis. It recently settled on terms favorable to our client.
- M&A arbitration. We are representing the buyers in an international arbitration before the AAA/IDCR in New York in connection with a dispute arising from the acquisition of oil and gas assets in Peru.
- Failed development project. We are representing a minority limited partner against the managing partner and the developer in two ICC arbitrations arising out of the failure of a project to develop a luxury hotel, golf course and residences in Mexico.
- Mexican civil responsibility litigation. We represented a Mexican company in their defense before the courts for an alleged extra contractual civil responsibility regarding Internet content.
- NAFTA violations. We successfully represented an international manufacturer in an investor-state arbitration against Mexico relating to tax and import measures which our client claimed violated several provi¬sions of NAFTA by favoring domestic suppliers. We achieved the largest monetary award to date in a NAFTA arbitration.
- Peru/UNCITRAL arbitration. We represented a multinational telecommunications company in connection with UNCITRAL arbitration arising out of acquisition of a telecommunications business in Peru. The case involved indemnity claims and complex issues of Peruvian taxation.
RICO. We defended several clients in a civil RICO action brought in US federal court by a now defunct Mexican bank relating to loans the bank made to a Mexican manufacturer that was in bankruptcy in Mexico. We obtained judgment for our client, which was affirmed by the U.S. Court of Appeals for the Seventh Circuit.
- Telecommunications satellite arbitration. We are representing Star One, the largest telecommunications satellite operator in Brazil, in an ICC arbitration brought by Andesat S.A. for alleged breach of contract for the use of satellite capacity.
- Telecommunication litigation. We successfully represented the subsidiary of a Latin American telecommunications company in a case before the United States courts brought by various nations for a total of $40 million.
- TV Azteca. We successfully defended TV Azteca in an enforcement action brought by the Securities and Exchange Commission alleging federal securities fraud and violations of Sarbanes Oxley. The case was settled, and TV Azteca was not required to pay any damages to the SEC. We also represented TV Azteca in the related internal investigation. Finally, we successfully defended TV Azteca in the parallel securities shareholder class action in the Southern District of New York.