First Dominican LBO lands financing
The financing deal for US-based private equity firm Advent's acquisition of Aerodom, which operates airports in the Dominican Republic, has closed. Taking legal advice from Mayer Brown LLP in the US and Oficina Melo Guerrero in the Dominican Republic, the Bank of Nova Scotia led a syndicate providing US$350 million
The firm advises Infinity Bio-Energy
Pellerano & Herrera is currently assisting Infinity Bio-Energy, a major Brazilian ethanol producer, in the share and asset acquisition of Atlantic Ethanol Corp. for the technological restructuring of a sugar mill into a power and ethanol dehydration plant. The transaction involves a share purchase structure for acquiring the assets and
Purchase of Real Estate in the Dominican Republic
Purchase of Real Estate in the Dominican Republic
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