Financial Inclusion for Children and Youth Survey
Country-level Regulatory and Policy overview Child & Youth Finance International 1. Does your country have a specific policy or law regulating the access to financial products for children and youth? No.There is no specific policy or law, as pursuant to the provisions of Article 389 of the Civil Code the father is responsible
Mergers, acquisitions and investment flourish in a welcoming environment
Introduction Foreign investment in the Dominican Republic is continuing to expand and the number of corporate transactions, including mergers and acquisitions, is steadily increasing. Business combinations in which one entity gains control of, or a controlling interest in, another occur frequently. The preferred option for managing a business combination is through a merger or
Pellerano & Herrera appoints Vitelio Mejia Ortiz as Of Counsel of the Litigation and Dispute Resolution practice
Pellerano & Herrera is pleased to announce the appointment of Vitelio Mejía Ortiz as Of Counsel in its Litigation and Dispute Resolution practice, effective March 10, 2014. Mr. Mejía Ortiz has over 30 years of experience as a litigation attorney. He has practiced in both civil and corporate litigation as well as
Securitizations Simplified In The Dominican Republic
Over the past decade or so, the Dominican Republic, a member of the International Organization of Securities Commissions (“IOSCO”) and one of the countries that subscribes to the Organization for Economic Cooperation and Development (“OECD”) Principles of Corporate Governance, has taken numerous steps to modernize its banking and financial systems, from updating
The Pellerano & Herrera Foundation publishes the book Recopilación Normativa del Sistema Dominicano de Seguridad Social: Ley 87-01 y sus Normas Complementarias
Santo Domingo.In the month of January, the Pellerano & Herrera Foundation published the third edition of the book Recopilación Normativa del Sistema Dominicano de Seguridad Social: Ley 87-01 y sus Normas Complementarias, a comprehensive study of the social security law and regulations in the Dominican Republic. “This text is a valuable contribution
Pellerano & Herrera selected as “Most Admired Company” for four consecutive years
Pellerano & Herrera has been selected as a “Most Admired Company” in the Dominican Republic for the fourth consecutive year, through a ranking published by prestigious business magazine Revista Mercado on January 2013. Pellerano & Herrera was awarded first place in both applicable categories: Law Firms and Consulting Firms. The
Pellerano & Herrera participates in a seminar for the first Canadian Trade Mission to the Dominican Republic
During the first Canadian Trade Mission to the Dominican Republic and Haiti, led by the Honorable Canadian Minister of National Defense and Minister of State of Atlantic Canada Opportunities Agency, and La Francophonie, Mr. Bernard Valcourt, the Canadian Embassy in the Dominican Republic celebrated on September 3rd several seminars and
Pellerano & Herrera is selected as a leading Latin American law firm by Newsweek
Pellerano & Herrera was selected by the prestigious international magazine Newsweek to participate in a special edition about the profiles of the leading law firms in the region. The article, titled "Latin America Leaders in Law 2012," was published in the September issue of Newsweek Latin America and Newsweek en
New law facilitates development of mortgage market
Introduction The Dominican Republic recently enacted a law that is helping the country's mortgage market to develop while providing significant opportunities for investors, as well as a boost for the country's efforts to expand its housing stock. The new law defines a number of key terms, including 'trust', 'settlor', 'trustee' and 'beneficiary'.
Pellerano & Herrera counsels AmBev in becoming the leading brewer in the Caribbean
Pellerano & Herrera is advising Companhia de Bebidas das Américas (AmBev), the largest brewer in Brazil and in South America, in the acquisition of Cerveceria Nacional Dominicana (CND), the best rated brewery company in the Dominican Republic owned by E. Leon Jimenes (ELJ), in order to create the leading beverage