Conyers acted for BTG in connection with its acquisition of 39% of the shares of Eucatex SA.

The deal closed a long dispute involving Eucatex, its controlling shareholders, São Paulo City Hall and the Prosecutors Office, related to alleged actions of certain controlling shareholders of Eucatex. With Eucatex in liquidation, the BVI legal analysis required both corporate and litigation restructuring advice to ensure proper title to the shares was obtained by BTG.

Conyers BVI partners Robert Briant and Richard Evans worked alongside Brazilian law firm Pinheiro Neto.

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