Ezequiel A. Camerini and Rafael A. Ginebra, assisted by Santiago Saenz Valiente, foreign law associate of the firm, advised HC Corporation Argentina, leader in the logistics industry in Argentina, in a transaction to acquire 100% of the equity of Staples Argentina S.A., Argentine subsidiary of the U.S. office supply chain Staples™.
The article focuses on the recently passed Argentine law implementing a criminal liability regime applicable to companies. The new regime is based on recommendations issued by the Organisation for Economic Co-operation and Development (OECD), and on concepts employed by other jurisdictions with similar legislations. However, the Argentine law does not incorporate certain requirements that are mandatory under other foreign laws. The article describes some of these requirements and stresses the opportunity that local companies in Argentina now have to create compliance programs that eventually may be effective in several jurisdictions. (http://cedeflaw.org/pdfs/201811512147-144.pdf)
Rafael A. Ginebra and Melissa M. Rodriguez advised Mercon Coffee Group, a global leader in the coffee industry, in the negotiation of a secured syndicated loan facility with several European banks led by Rabobank COÖPERATIEVE RABOBANK U.A., NEW YORK BRANCH, as Administrative Agent, and Lender, as well as in the negotiation of secured credit facilities with NEDERLANDSE FINANCIERINGS-MAATSCHAPPIJ VOOR ONTWIKKELINGSLANDEN N.V., the Dutch government development bank, for financing the development of coffee mills and providing microfinance loans to small, family owned coffee growers in Central America.
Ezequiel A. Camerini, Rafael A. Ginebra, Tomás M. Casalins and Melissa M. Rodriguez advised Mr. Demir Sabanci Sedes Holdings A.Ş. in the negotiation of the sale of 55% of the capital stock of Gratis İç ve Dış Ticaret A.Ş., a prominent retail chain established in Turkey in 2009 which operates under the name of “Gratis”. Gratis İç ve Dış Ticaret A.Ş. focuses on personal care products and cosmetics, and has a nationwide network of 490+ stores in Turkey. The transaction was closed in December 2017, after more than nine months of negotiations. Under the coordination of Fox Horan & Camerini LLP, Mr. Demir Sabanci and Sedes Holdings A.Ş. were also represented by Umut Kolcuoglu (Partner), Bihter Bozbay (Associate) and Gizem Zeynep Bolukbasi (Associate) from Kolcuoğlu Demirkan Koçaklı, and Mr. Paul Sheridan (Solicitor).
Rafael A. Ginebra and Melissa M. Rodriguez advised Laboratorios Elea in the negotiation of the acquisition of 100% of the capital stock of Laboratorios Phoenix, a pharmaceutical company located in Argentina, from Glaxo SmithKline. The transaction will close by the end of the year.