Publicações
Law.com | Amy Guthrie | Amanda Pegoraro | 12/12/2024
Simões Pires aims to support Brazilian companies in the U.S. commodities hub as those businesses strengthen their international presence.
Brazilian law firm Simões Pires, which has a strong agribusiness practice in a country that leads production of essential commodities like soy, has opened an office in Chicago to better serve this vital sector.
The São Paulo-based firm appears to be the first Brazilian law firm to open an office in a city that’s the epicenter for commodity trading and pricing.
“Chicago is a strategic region for American agribusiness and industry, and we are here to intensify our support to Brazilian clients who already have, or wish to have, international operations, leading strategies and new technologies,” said Amanda Pegoraro, the Simões Pires partner in charge of the U.S. office.
Pegoraro expects that the presence in Chicago will improve Simões Pires’ offering related to import and export, logistics, M&A, corporate matters and international planning.
The new office brings Simões Pires closer to the Chicago Board of Trade, which trades over 50 commodities, including metals, and serves as a global pricing benchmark for the agricultural market.
The prices of soybeans and corn traded on the Chicago exchange are crucial for agribusiness in the center-west region of Brazil, where Simões Pires has an office in Mato Grosso state.
In addition to soy, Brazil is a leading producer of beef, chicken and iron ore.
Although Brazil’s $2.2 trillion economy is the second-largest in the Americas, only a handful of Brazilian law firms have established offices outside of their country.
A few large Brazilian firms including Mattos Filho have representative offices in New York, while Cescon Barrieu has an outpost in Toronto.
