Project Finance 2008
Collateral 1 What types of collateral are available? Real estate, operating and other licence rights or concessions, leaseholds, buildings, moveable property, contractual rights, receivables, shares, securities, onshore and offshore bank accounts, entire enterprises, after-acquired property, proceeds from investments and the sale of collateral are all available. Subject to limited restrictions, security may be
Mining – Getting the Deal Through 2008
Mining industry 1.What is the nature and importance of the mining industry? Mining is an important activity in the Dominican Republic. The main minerals found in the country are gold, silver, nickel, marble, limestone and granite. The significance of the mineral resources of the country makes this one of the most attractive
Mergers & Acquisitions 2008
1. Form How many businesses combine? The most common forms of business combination in the Dominican Republic are mergers, share purchases, asset purchases and joint venture agreements. Mergers usually occur when two or more companies form a new company or when an existing company absorbs one or more companies. This type of combination is
Main aspects ruling the Labor Legislation in the Dominican Republic
Main aspects ruling the Labor Legislation in the Dominican Republic
Pellerano & Herrera has been nominated for the award “Central American Law Firm of the Year”
Pellerano & Herrera has been nominated for the award “Central American Law Firm of the Year” sponsored by Chambers & Partners, first time a Dominican law firm has been considered for such an important recognition. Chambers & Partners, an institution headquartered in London, identifies the most important law firms in
Pauline Caamano´s Death
With our deepest sorrow, we regret to inform that our dear friend and lawyer, Pauline Caamano has deceased. Pauline suffered a terrible accident and was recovering from it. Last minute complications caused her death on August 23rd, 2007. The Pellerano & Herrera family lost one of its most valuable members.
United States Embassy honors entrepreneurs and journalists in the Dominican Republic
Santo Domingo. The United States Embassy in this country granted the prize “Socios Estrellas” (Star Members) to entrepreneurs and Dominican journalists who have contributed to strengthen the friendly ties existing between the Dominican Republic and the United States of America. This award conferred by the Department of Commerce of the
Experts Recommend Fiscal Strategic Plan for DR
Santo Domingo. Fiscal experts defended the application of a fiscal strategic plan in the Dominican Republic which, they stated, will lead to the successful financial management of national enterprises. Specialists Pedro Urrutia and Ovadis Marmolejos, expressed during a seminar of “Fiscal Planning: an obligatory tool facing reforms and the NCF
Shell sells its shares in DR Refinery
The sale of Refinería Dominicana de Petróleo (Refidomsa) Shares was confirmed today following a meeting effected between a commission of said company and another commission integrated by high government officials in the office of the Minister of Finance. The first proposal made for the sale was to the Dominican Government,
“A solution to non responsibility clauses in private parking lots through the Civil Law theory: Dominican case”
Pellerano & Herrera launched the circulation of a book named “Una solución a las cláusulas de no responsabilidad en los parqueos privados a través de la teoría civilista: el caso dominicano” (“A solution to non responsibility clauses in private parking lots through the Civil Law theory: Dominican case”) by Rafael