M&A deal flow in Latin American jurisdictions has not been as prominent as in other jurisdictions, including the United States.

For example, for the first three quarters of 2020, according to KPMG,[2] approximately 8,391 M&A transactions were announced or consummated in the United States, while, according to Transaction Track Record,[3] 1,517 M&A transactions were announced or consummated in Latin America, and the aggregate value of those transactions was US$1,136.5 billion and US$46.8 billion, respectively.

It is not surprising, then, that there is also less deal-related litigation in Latin America than in the United States. However, even on a proportional basis, there also appears to be less deal-related litigation in Latin America than in the United States and other common law jurisdictions, where the system itself favours the development of corporate law through judicial precedent.

Source: Latin Lawyer - United Kingdom