In The News

Luis Perez, co-chair of Akerman's Latin America & the Caribbean Practice, and Michael Rattagan, founding partner of Argentinian law firm Rattagan Macchiavello & Arocena, were featured in a Focus Latin America Q&A titled, "A New Day Ahead for Argentina." The article covered on the size and scope of opportunities in Argentina under its new president Mauricio Macri, who has put in place a number of measures to rebuild the country as a global business destination and a reliable player in the world's capital markets. Perez and Rattagan discussed the various factors that can serve as a powerful lure for international investors. For example, they described which sectors are ripe for economic activity, including agriculture, energy, infrastructure, mining, tourism, health and entertainment. The lawyers also examined Argentina's regulatory framework, and highlighted trade and anti-corruption laws among the areas that are in most need of reform.

"The new administration is putting a lot of emphasis on making Argentine a reliable partner in the international community. A country where not only the rule of law, but a handshake or a contract is honored. Enacting new anti-corruption lawyers and enforcement mechanisms is an important part in advancing that agenda," said Perez.

"The Macri Administration has made it a priority to 'return to the world' after so many years of isolation and heterodox policies that have failed in the past, both in Argentina and elsewhere. This has been evidenced through the reestablishment of relations with traditional, historical partners, such as the United States and Europe," said Rattagan.

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