Based on article inLatin American Law & Business Reportby Alejandro López-Velarde (López Velarde, Wilson, Abogados, S.C.) and Regina Kuchle (AstraZeneca)
Over the past decade, many large MNCs have been moving their European and Asian operations from a decentralized group of stand alone full-fledged M&D subsidiaries toward a “hub-and-spoke” system. MNCs that seek to implement a hub-and-spoke arrangement in Latin America must deal with the regional issues described in this article.
