Littler, De la Vega y Conde, the Mexico offices of Littler Mendelson, P.C., the world’s largest employment and labor law firm representing management, has expanded its attorneys ranks in Monterrey with the addition of Amado Díaz Pérez, who joins the firm’s growing practice as a shareholder. Díaz Pérez brings 25 years of labor and employment experience to the firm. Prior to joining Littler, he served as a partner and head of the labor practice at Santos Elizondo.

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Chadbourne & Parke represented FOVISSSTE in the successful placement of its 13th mortgage loan portfolio securitization, known as TFOVIS, which amounted to US$404 million. The settlement of the Issuance on the Mexican Stock Exchange (BMV for its Spanish Acronym) took place on August 31.

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In a key deal supporting Mexico’s exploration of its offshore energy reserves, Milbank, Tweed, Hadley & McCloy has represented an international lender group in arranging a $547 million loan for the financing of a new-generation deepwater drilling rig to be used for oil exploration in the Gulf of Mexico.

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Chadbourne & Parke represented FOVISSSTE in the successful placement of its twelfth mortgage loan portfolio securitization, known as TFOVIS, which amounted to US$439 million.

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In its latest large-scale project finance transaction in Latin America, law firm Milbank, Tweed, Hadley & McCloy has represented a group of international lenders in financing a 237-mile, 36-inch natural gas transmission pipeline being laid in the Mexican state of Chihuahua, with an interconnection point at the US / Mexico border. The debt provided was a US$378 million facility, while total project costs for the pipeline – expected to bring US supplies of natural gas to several Mexican states – are estimated at US$472 million.

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