(Credit: freshidea/AdobeStock) LatAm Hires: DLA Piper, Demarest Hire in Brazil; Clyde & Co Adds Tax Muscle in Chile
Demand for tax and M&A advice remain brisk in key Latin American markets.
June 26, 2024 at 11:17 AM
3 minute read
Demand for advice on tax matters and M&A continue to drive hires in Latin America, as firms prepare for more deals. Demarest Advogados has recruited yet another tax partner to assist with a burgeoning workload after the reform of Brazil's notoriously complex tax system, while Clyde & Co also added tax muscle in Chile. DLA Piper, meanwhile, hired an M&A counsel from Jones Day to assist in its recently inaugurated São Paulo office.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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