Judicial support in the arbitral process. Overview and specificities in the Dominican Republic
Abstract: The aim of the 1985 UNCITRAL Model Law, as evidenced by recent modifications to arbitration laws in Ibero-America, is to limit judicial intervention in international commercial arbitration. This trend appears to be justified by the fact that parties in an arbitration agreement deliberately choose to exclude judicial jurisdiction, with
Reform No. 15, 2024, Commercial Companies Act Register of Beneficial Owners – British Virgin Islands (BVI)
Starting from January 2, 2025, in order to ensure transparency, all commercial companies incorporated in the British Virgin Islands (BVI) will be required to submit information regarding their beneficial owners to the Corporate Affairs Registry of the BVI Financial Services Commission. Deadlines: Existing companies: Must fulfill the obligation between January 2,
Agreement to Accelerate Patents in the Dominican Republic
In April of this year, the United States Patent and Trademark Office (USPTO) and the National Office of Industrial Property (ONAPI) signed an agreement that will reduce the time it takes to obtain patents in the Dominican Republic through the Accelerated Patent Grant (APG) program. With the new Accelerated Patent Grant
The Open Skies Agreement with the United States: A New Horizon for Dominican Aviation
Among the most impactful recent developments, the new “Open Skies Agreement” (hereinafter referred to as "the Agreement") signed by the governments of the Dominican Republic and the United States on August 2, 2024, stands out. This innovative accord emphasizes the need to facilitate greater aviation services between the two signatory nations
Safe Real Estate Investments in the Dominican Republic
The Dominican Republic has established itself as a prime destination for real estate investment, thanks to its economic stability and a thriving tourism sector. This dynamic growth has attracted the attention of foreign investors seeking to diversify their portfolios. However, as with any investment, it is essential to take certain
Pellerano & Herrera is the only law firm certified as environmental services provider (PSA)
Pellerano & Herrera renewed its registration (PSA F04-124) as Environmental services provider to the Ministry of Environment and Natural Resources of the Dominican Republic and is the only law firm certified as environmental services provider (PSA) in the country . Also the firm’s partner Gustavo Mena is certified by the Ministry
Getting The Deal Through – Dominican Republic: The Legal Landscape
Country overview 1. Give an overview of the country’s economy, its structure and main characteristics, and prevailing government economic policy, particularly as regards foreign investment. The Dominican Republic offers multiple business and investment opportunities as a result of its unique geographical location, current legal framework, economic stability and infrastructure. Its location, in
Pellerano & Herrera advised Grupo Poma in development of Real Intercontinental Hotel
Pellerano & Herrera advised renowned Grupo Poma in the development of the Real Intercontinental Hotel Santo Domingo, an investment of over US$80 million in the Dominican Republic. The legal team led by Luis Rafael Pellerano and Mariangela Pellerano, partners of Pellerano & Herrera, assisted in all the aspects of development