July 16, 2007 (New York, NY) - Proskauer Rose LLP, an international law firm with over 700 lawyers worldwide, is pleased to announce it has opened an office in São Paulo, Brazil. The new office, the firm's ninth, will provide a platform for Proskauer's continued and growing representation of global companies and financial institutions in a wide variety of transactions and other matters in the region, which have recently included debt and equity offerings, mergers and acquisitions, and bank finance.

Proskauer's São Paulo office will be headed by Antonio Piccirillo, partner in the firm's Corporate Department, with Carlos Martinez, corporate partner and head of the firm's Latin America Practice, playing a significant leadership role.

"Our work in Latin America has continued to increase, making a physical presence in the region of clear strategic significance for the firm and our clients," said Allen I. Fagin, chairman of Proskauer. "This represents a remarkable opportunity for us to bring our resources and capabilities to bear in an area that is ripe with potential."

The firm has long had strong ties with Latin America, having represented major corporate and banking clients in the region in a series of securities offerings, mergers and acquisitions, private equity transactions, corporate and regulatory matters, bankruptcies and restructurings, litigations and dispute resolutions, and labor and employment issues.