Decree No. 531/2016 implements the Federal Promotional Scheme of Power Generation with Renewable Energy Sources, with CAMMESA in an essential role.
The bill submitted by the Executive Branch to allow the payment of the sovereign debt in default held by bondholders who did not accept the exchange offers made in the debt restructurings of 2005 and 2010 has been approved by the Federal Congress and published on the Official Gazette on April 1st, 2016.
The Central Bank of the Republic of Argentina relaxed certain rules related to the inflow and outflow of foreign currency, including the possibility of receiving foreign currency funds in a bank account in Argentina with no need to convert such foreign currency into Argentine Pesos in the Foreign Exchange Market, among other relevant changes.
Who’s Who Legal has once again picked out Marval, O'Farrell & Mairal as the leading firm in Argentina in its annual awards. The firm was named “Argentina Law Firm of the Year” for the eleventh consecutive time. Who’s Who Legal is published by the prestigious independent publishing group Law Business Research. The awards ceremony was held in New York on April 11, 2016. This award reflects the quality of Marval, O’Farrell & Mairal’s practice. For more information please visit: http://whoswholegal.com/awards/