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DLA Piper sets sights on Brazil

03 March 2010

DLA Piper has signed a cooperation agreement with Brazil’s Campos Mello Advogados, promising “more to come” in Latin America.

Read more: [DLA Piper] [law firm Brazil] [Campos Mello] [Advogados]

DLA Piper will be working in cooperation with Brazilian firm Campos Mello Advogados to serve clients in Brazil. The arrangement is a major step in DLA Piper’s strategic plan for Latin America.

Campos Mello Advogados will remain an independent firm, but will work closely with DLA Piper to advise international companies doing business in Brazil, as well as domestic companies looking to expand or do business abroad. The agreement gives DLA Piper a key ally in one of...


Poll

Will Russia’s recent ban on grain exports result in a significant rise in private risk insurance claims from grain traders unable to fulfil their contracts?

Yes – there will be more claims. The government’s actions allow traders, with PRI cover, to make claims through contract frustration.
8%
No - the majority of Russia’s wheat production, some 70%-80%, is used for domestic consumption so the contracts represent only a small portion of the total wheat market, limiting the amount of potential claims.
23%
No - traders had a week’s notice before the ban allowing them to secure alternative supplies to fulfil contracts stated as optional origin.
23%
Maybe - but claims are likely to be limited to traders dealing in soft wheat whose contracts demand they source wheat only from Russia.
46%

Quote

A collateral manager may manage collateral well but it won’t tell you if someone’s about to go belly up.

Steven Pout, Agriservice - Brazil: Agri-sector bounces back - Trade Finance, July/August 2010