PHR acted as Colombian local counsel to Talanx Group in the acquisition of Liberty Mutual’s businesses in Brazil, Colombia, Chile and Ecuador. With this acquisition, Talanx becomes the third-largest insurer in Latin America through its subsidiary HDI International. The acquisition has been approved by the SFC and has been closed on March 1st, 2024.
COUNSEL TO TALANX GROUP
Posse Herrera Ruiz
Leading Partner(s) | Jaime Cubillos, Óscar Tutasaura y Natalia Escobar |
Other Lawyers | Catalina Noreña, Camila Pérez, Juan Camilo Zuluaga y Juliana Pérez |
Hogan Lovells
Leading Partner(s) | Peter Cohen-Millstein, Birgit Reese |
Other Lawyers | Aafke Pronk, Zachary Suggs, Felipe Lacerda, and Ana Laura Pongeluppi |
Brigard Urrutia – Liberty Mutual’s Colombian Counsel
Leading Partner(s) | Darío Laguado Giraldo and Lucas Fajardo Gutiérrez, |
Other Lawyers | Laura Ricardo Ayerbe, and Maria Celas Celis |
Skadden, Arps, Slate, Meagher & Flom – Liberty Mutual’s U.S.A. Counsel
Leading Partner(s) | Elena M. Coyle |
Other Lawyers | Cecelia A. MacDonald, Matthew R. Roberts y Caroline M. Frizzo. |