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3 weeks ago | 
financialpost.com | Andrea Jaramillo |Jonathan Gilbert
Article content(Bloomberg) — Latin American oil and gas producer GeoPark looks to be making moves to defend itself form a hostile takeover after a rival energy firm took a large stake in the company. Sign In or Create an AccountArticle contentIn a shareholder rights plan announced on Tuesday, Bogotá-based GeoPark adopted a mechanism for rights to become exercisable if an entity or person acquires ownership of 12% or more in the company.
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3 weeks ago | 
news.bloomberglaw.com | Andrea Jaramillo |Jonathan Gilbert
Latin American oil and gas producer GeoPark looks to be making moves to defend itself form a hostile takeover after a rival energy firm took a large stake in the company. In a shareholder rights plan announced on Tuesday, Bogotá-based GeoPark adopted a mechanism for rights to become exercisable if an entity or person acquires ownership of 12% or more in the company. The move follows a recent SEC filing by Pampa Energy Inc., which reported a 10.17% holding in GeoPark.
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2 months ago | 
news.bloomberglaw.com | Kevin Simauchi |Jonathan Gilbert
A consortium of oil drillers developing a key pipeline in Argentina is tapping five major banks to finance a $1.7 billion loan for the project, according to people familiar with the matter. Led by Argentina’s state-run driller YPF SA, the group is in talks with Citigroup Inc., Deutsche Bank AG, Itau Unibanco Holding SA, JP Morgan Chase & Co and Banco Santander SA to finance part of the pipeline’s development, according to people familiar with the matter.
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Mar 28, 2025 | 
news.bloomberglaw.com | Jonathan Gilbert |Manuela Tobias |Kevin Simauchi
On paper, it was one of the most lucrative victories ever in the field of litigation financing. Burford Capital Ltd., a niche firm, hit the jackpot along with other creditors when a judge delivered a $16.1 billion award on claims it acquired against the Argentine government for less than $17 million. Then Javier Milei, a pro-business candidate, won Argentina’s presidential election, offering hope that Burford could reach a quick settlement with a government motivated to put the past behind it.
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Mar 21, 2025 | 
financialpost.com | Jonathan Gilbert |Manuela Tobias |Kevin Simauchi
But any optimism for a settlement has long dissipated, more than a year after Milei took office. In his first public comments, the person Burford hired to facilitate talks with the government said he hasn’t had a single meeting with Argentine officials. “There have been no talks for now with the government,” Gerardo Mato said in an interview Thursday at Bloomberg’s offices in Buenos Aires, declining to speculate as to why.
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Mar 21, 2025 | 
news.bloomberglaw.com | Jonathan Gilbert |Manuela Tobias |Kevin Simauchi
On paper, it was one of the most lucrative victories ever in the field of litigation financing. Burford Capital Ltd., a niche firm, hit the jackpot along with other creditors when a judge delivered a $16.1 billion award on claims it acquired against the Argentine government for less than $17 million. Then Javier Milei, a pro-business candidate, won Argentina’s presidential election, offering hope that Burford could reach a quick settlement with a government motivated to put the past behind it.
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Feb 17, 2025 | 
news.bloomberglaw.com | Jonathan Gilbert |Patrick Gillespie
Late Friday night, prolific social media user Javier Milei directed followers to a site that purported to raise money for small businesses in Argentina using crypto. Half a world away, digital currency entrepreneur Hayden Davis saw the value of the Libra token, a so-called memecoin he helped launch, begin to surge. Its market value flew past $1 billion, $2 billion, all the way over $4 billion. When it collapsed, as such tokens often do, Milei’s presidency in Argentina was in crisis mode.
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Feb 17, 2025 | 
news.bloomberglaw.com | Jonathan Gilbert |Patrick Gillespie
Late Friday night, prolific social media user Javier Milei directed followers to a site that purported to raise money for small businesses in Argentina using crypto. Half a world away, digital currency entrepreneur Hayden Davis saw the value of the Libra token, a so-called memecoin he helped launch, begin to surge. Its market value flew past $1 billion, $2 billion, all the way over $4 billion. When it collapsed, as such tokens often do, Milei’s presidency in Argentina was in crisis mode.
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Jan 24, 2025 | 
news.bloomberglaw.com | Jonathan Gilbert |Manuela Tobias
Argentina slashed taxes on its major crops that provide billions of dollars in export revenue as it seeks to throw a lifeline to farmers wrestling a drought and low global prices. The government of President Javier Milei cut tariffs on exports of soy meal and oil to 24.5% from 31%. The levy on unprocessed beans was chopped to 26% from 33%. The tax on corn was lowered to 9.5% from 12%. There were reductions for other major crops, including wheat, barley and sunflowers.
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Jan 16, 2025 | 
news.bloombergtax.com | Jonathan Gilbert
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