Author: mcfarlanec4@hotmail.com

Chile Legal Update – Economic Crimes Law Overview

Chilean Congress approved a bill earlier this year to expand criminal liability for economic and environmental crimes which will have implications for foreign companies operating in Chile. The new legislation means that for the first-time, corporate executives and directors can be personally liable for a wide range of misconduct.

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Practical Guide to Contracts in Peru

Many technology and service companies are entering into Peru and winning new work. It is important for international companies to understand how contracts and specific clauses are dealt with in each country they are operating in. We have provided a brief guide of some of the most important clauses.

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Setting up a Company in Peru for Mining Suppliers

Mining technology and service companies are looking at Peru for good reason. The country has a significant number of operational mines that are investing in new equipment and technology. As suppliers develop new opportunities in Peru, they will need to decide how they will service the market. Understanding the incorporation process and timeframes is an important part of the process.

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Codelco Spotlight

Codelco’s title as the world’s largest copper producer is now in jeopardy with production dropping to the lowest level in 25 years. Codelco has several structural projects underway that are meant to boost copper production for the next 50 years but it has been plagued by delays. Check out our overview to understand the current state of Codelco.

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