Domingo Vega's lawyers, and Sony Music that represents the artist in Argentina, will initiate legal action to collect information to ensure a civil suit against the Argentinean singer impersonation. Moreover, it is claimed that the Mark ‘Americo’ was already registered in Chile since 2010 and accepted by the Institute of Industrial Property earlier this year. In addition, registration was recently sought in neighbouring countries like Argentina, Peru and Bolivia - not yet approved.
On the other hand, José Luis Gonzalo, in charge of Viking Productions, who created the [fake I would say] character noted in that everything was in order, because he patented the name "Americo of Argentina."
The animator of the show also has his saying in this matter: Hernan Caire sees no need to apologize to Americo for having presented in the TV show this character. Mr Caire explained that the musician who played last Saturday the Chilean songs "was not a copy" of Americo, but only a musician doing a cover. "I do not think that is a copy. It's very similar, that I'm not going to deny it, but there are many groups and soloists who play others’ songs. He's not copying, it is a tribute".

Sources: here, here and here.
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