News Archives - Page 16 of 31 - Guzmán Ariza | The Dominican Republic Law Firm

Guzmán Ariza Signs an Internship Agreement With UAPA Law School

The Guzmán Ariza law firm signed an internship agreement with UAPA Law School with the presence of Fabio J. Guzmán Ariza, Managing Partner of the Firm, and Pedro Pablo Hernández Ramos, Director of the School.

This agreement will allow participants of the School to carry out their professional practices in this prestigious law firm and thus develop the professional skills required by the Dominican legal market.

The ceremony was held in the office of Guzmán Ariza in Las Terrenas with the presence of Rubén García and César Calderón, partners of the firm, and Anulfa Reynoso, director of the Social Communication Program at UAPA.

[June 2018]

Partners Christoph Sieger y Fabio Guzmán Saladín Reelected President and Vice President of the Dominican German Chamber of Commerce

Christoph Sieger and Fabio Guzmán Saladín, partners of Guzmán Ariza, were reappointed as President and Vice President of the Board of Directors of the Dominican German Chamber of Commerce for the period 2018 – 2020. The new appointment took place on March 15 at the general assembly of the Chamber.

At the end of the meeting, Dr. Sieger urged members to continue working hard to encourage trade between Germany and the Dominican Republic, as well as promote business opportunities in the DR.

[March 2018]

Guzmán Ariza Represents PAWA in First Major Bankruptcy Proceeding in the Dominican Republic

PAWA Dominicana (Pan Am World Airways Dominicana) is the international flag carrier of the Dominican Republic, with scheduled flights to multiple destinations in the Caribbean and the United States.

Guzmán Ariza is representing PAWA in the first major bankruptcy/restructuring proceeding in the Dominican Republic under the new Mercantile Restructuring Law 141-15, a process which will involve hundreds of national and international creditors. The Restructuring Court in Santo Domingo accepted the firm’s bankruptcy filing request and has authorized preliminary proceedings to begin.

Partners Fabio Guzmán Saladín, Alberto Reyes and Rhadaisis Espinal lead the legal team assisting PAWA.

In January 2018, without prior notice, the Civil Aviation Authority of the Dominican Republic suspended PAWA’s operations for a period of 90 days, alleging nonpayment of airline and airport fees, leaving thousands of passengers stranded all over the Caribbean. Within a few days the airline was left with no choice but to file for bankruptcy.

[March 2018]

Three Days for the Incorporation of a Dominican Company

President Danilo Medina has ordered that the incorporation of companies in the country will take three days since the process starts; construction permits will not exceed 60 days, and; sanitary registrations will be completed in 45 days. The announcements are part of the new business strategy unfolded by the National Competitiveness Council.

In order to carry out these measures, the corresponding entities must present a work plan for the reduction of these deadlines and the standardization of the requirements, to ensure a greater number of jobs, facilitation and formalization of trade, as well as the promotion of imports and exports.

[ December 2017]

New Regulatory Framework for the Dominican Stock Market

President Danilo Medina signed into law the bill that modifies Law 19-00 on the Stock Market in the Dominican Republic, which seeks to promote efficiency and transparency in the stock market and the rights and interests of investors and to minimize systemic risk while promoting healthy competition in the sector.

The modification of Law 19-00 comes in a context in which the Dominican Republic will be evaluated in mid-January 2018 in aspects related to transparency and compliance.

The new legislation includes the preparation of 17 regulations related to the operation of the Superintendence of Securities; the tariff framework, intermediaries of the stock market, registry of over-the-counter operations, public offering of securities, relevant events and the Centralized Securities Depository. In addition, a regulation will be developed so that medium and small companies have the necessary facilities to access the stock market.

[December 2017]

Alfredo Guzmán Saladín Exposes on Real Estate Law in the Dominican Republic

Alfredo Guzmán Saladín, partner of the Guzmán Ariza Law Firm, participated as speaker in a private meeting organized by the International Women’s Club – Stayers at the Intercontinental Real Santo Domingo hotel.

Guzmán Saladín spoke about “Real Estate in the Dominican Republic: Purchase, Tax and Money Laundering. Overview”.

Guzmán Ariza is the No. 1 law firm in real estate in the Dominican Republic. The firm has a vast experience in all facets of the real estate business, from the representation of large investors in the financing and development of important real estate projects to advising individuals in the purchase or rental of vacation properties in the Dominican Republic.

[ November 2017]

Guzmán Ariza Supports German Investment in the Dominican Republic

Guzmán Ariza Law Firm participated in the conference “Decentralized energy supply with renewable energies”, where German businessmen shared their proposals for the power generation sector of the Dominican Republic.

The activity organized by the Dominican-German Chamber of Commerce together with the Federal Ministry of Economy and Energy of Germany provided a space to do business and that German companies could establish themselves in the Dominican market.

Guzmán Ariza participates actively in the activities of the Chamber. Our partner Christopher Sieger, he also collaborates with the Chamber, Fabio Guzmán Saladín, as vocal, and Giselle Pérez.

[ November 2017]

Guzmán Ariza Contributes to Getting the Deal Through: Restructuring & Insolvency, 2018

Fabio Guzmán Saladín, partner, and Pamela Benzán Arbaje, attorney at Guzmán Ariza law firm, recently coauthored the Dominican chapter of Getting the Deal Through: Restructuring & Insolvency 2018.

The publication provides comparative analysis of Restructuring & Insolvency regulations in different jurisdictions worldwide, with answers to crucial questions in key areas such as applicable legislation, excluded entities, secured lending and credit, competent courts, voluntary liquidations and reorganizations, involuntary liquidations and reorganizations, doing business during reorganizations, stays of proceedings and moratoria, set-off and netting, post-filing credit, expedited, successful and unsuccessful reorganizations, bankruptcy formalities, claims and appeals, voidable transactions, creditors’ enforcement, director and officer liability and international cases.

DOWNLOAD THE PDF OF THIS ARTICLE HERE:

Guzmán Ariza Contributes to Getting the Deal Through: Restructuring & Insolvency, 2018

Reproduced with permission from Law Business Research Ltd. Getting the Deal Through: Restructuring & Insolvency 2018, (published in November 2017; contributing editors: Catherine Balmond and Katharina Crinson, Freshfields Bruckhaus Deringer) For further information please visit gettingthedealthrough.com

[ November 2017]

Partner Fabio Guzmán Saladín Elected Member of SCG Legal Board of Directors

Fabio Guzmán Saladín, partner in the law firm Guzmán Ariza, was elected member of the board of directors of SCG Legal for the period 2018 – 2020.

Guzmán Ariza is the exclusive member in the Dominican Republic of SCG Legal, a global alliance of 148 top, independent law firms, with more than 11,000 attorneys in nearly 450 offices in 82 countries and six continents.

[September 2017]

Guzmán Ariza Among the Best Firms to Work for in Dominican Republic

Guzmán Ariza, Attorneys at Law, was ranked as one the best Dominican companies to work in 2017 by Mercado magazine’s annual survey of 80 leading Dominican businesses.

The firm placed in the top five businesses with less than 100 employees and in the top seven of all companies in employee satisfaction.

The magazine highlighted Guzmán Ariza’s culture of constant innovation, the many training programs offered to employees, and the emphasis on organization, proclivity, communication, honesty and transparency.

Mercado is one of the most prestigious and respected business publications in the Dominican Republic.

[June 2017]