- Latin America
- United Kingdom - Solicitors
- United Kingdom - The Bar
- United States
- What is the GC Powerlist?
- How to nominate in-house counsel
- Africa Teams
- Australia/New Zealand
- Asia Pacific
- Central America
- Ireland Teams
- Latin America
- Middle East
- Middle East Teams
- Nordics Teams
- Russia Teams
- Switzerland Teams
- Client Intelligence Report
- Leadership insight
- Human rights insight
- MINT: the legal challenges of working and investing in emerging economies
- Response to Brexit
- An investigation of the GCC and Middle East legal market
- Litigation and regulatory challenges in financial services
- AI and the law tools of tomorrow:
A special report
- Scottish GCs
- North West clients
- Arbitration backing Africa's investment boom
- Business thinking
- In-house management
- Career path
- Legal perspective
- Big picture
- In discussion
- Interrogating value
- GC interviews
- A tangled web - innovation, IP and patent trolls
- Only connect: Herminia Ibarra on leadership, collaboration and the future organisation
- Pioneering not preservation>
- In-house life: John Harrison, Airbus
GC Diversity & Inclusion Report 2016
- Shaping the future of the Bar Roundtable
- Chief Marketing Officer Roundtable
- Dispute resolution in Africa roundtable
- GC Diversity and Inclusion Report
- Investing in Indonesia: the role of the in-house lawyer in growing markets
- The Legal Business 100 Debate
- GC Powerlist UK summer reception
- The Brexit debate
- AI and the law
- GC Powerlist: Middle East roundtable
- Alternative disputes: the role of arbitration in Turkey
- The risk debate
- Two visions of nearshoring
- Dissenting perspectives
- Developments in Panama
- The international arbitration summit
- The Global 100 debate - Chasing Alpha
- Bosnia and Herzegovina
- British Virgin Islands
- Burkina Faso
- Cape Verde
- Cayman Islands
- Costa Rica
- Czech Republic
- Dominican Republic
- El Salvador
- Equatorial Guinea
- Hong Kong
- Isle of Man
- Ivory Coast
- Latin America: International firms
- New Zealand
- Puerto Rico
- Saudi Arabia
- South Africa
- South Korea
- Sri Lanka
- St Barts
- St Vincent
- United Kingdom
- United Arab Emirates
- United States
Although Nicaragua is still the second poorest country in Latin America and the Caribbean, in economic terms the country has been on an upward trend since 2008, maintaining growth levels above the average for the Americas as a region. While the GDP has visibly benefited from macroeconomic stability, direct foreign investments and the continuous expansion of exports, (particularly agricultural goods and textiles), the mining, renewable energy and real estate sectors have also become solid contributors to the nation’s growing economy. However, poverty, public-sector corruption and the de facto limits on the effective protection of private property rights all remain major challenges for the country and continue to create uncertainties for foreign investors. Daniel Ortega’s government is now – rhetorically at least – moving to focus upon the improvement of living conditions after a period characterised as crisis control; however, the recent withdrawal of the National Democratic Coalition from the November 2016 national elections (a move that followed the Supreme Court’s exclusion of opposition candidate Luis Callejas from the ballot), and Ortega’s decision to ban foreign electoral observers, bely the solidity and independence of the country’s institutions. Indeed, the Secretary General of the Organization of American State (OAS), Luis Almagro, recently expressed his preoccupation with the political situation in Nicaragua, calling for ‘transparency and the participation of all’ in the elections, while Nicaragua’s Episcopal Conference deplored what it considered an attempt to promote conditions for ‘the implanting of a one-party regime’ in the country.
These preoccupations notwithstanding, Nicaragua’s increasing economic prosperity is not only attracting a flow of foreign investment, but is also having positive effects on the (private practice) legal landscape. First-rate domestic firm Alvarado y Asociados continues to ensure strong competition in the growing corporate and finance sector, which is mainly dominated by regional heavyweights such as Arias & Muñoz, Central Law Nicaragua and Consortium Legal, which have been present in the country for years. The latter recently entered a strategic partnership with Bendaña & Bendaña and Salazar & Bendaña to open a joint office in San Juan del Sur, just like BLP, which, after entering the market only two years prior, expanded its presence in the country by opening its second office in the city in the Rivas region. On the domestic level, real estate boutique Argüello Pereyra & Asociados and E.Castillo & Asociados merged to create E. Castillo & Argüello Advisors, a full-service offering that operates from Managua and San Juan del Sur, with a third office planned to open in Rivas in 2017.
GC Powerlist -
The Legal 500 Latin America - Events
GC Powerlist -
Search News and Articles
Ministers block Lochinver Station purchase – what it means for overseas investors
Every day, we become more aware of the importance of protect- ing our environment, climate changes occurring on an almost daily basis have made that need clear. It is for this reason, that even though it is of upmost importance that we protect all of our natural resources, water as a finite life source is one of the most important and one of the resources requiring the most protection and preservation.
Having our legislation reserved a space for forty-five years for a proper regulation of Investment Companies, since the adoption of the Special Law on Financial Companies, Investment and others, known as Decree 15-L of April 9, 1970, and various attempts along these years; today Nicaragua has a legal body that regulates such companies satisfactorily.
Over the years, trademark registration processes have increased in Nicaragua, as a result of different international conventions and treaties which collaborate to properly understand trademark registration process and use matter; besides, Law N° 380 “Law on Trademark and Other Distinctive Signs”, its regulation and the Intellectual Property Registry, consolidates the bases for a better legal protection for businessmen and consumers IP´ s related matters, providing them not only with legal protection, but also with the confidence to compete and offer their goods and services on the market.
In humanity ́s never-ending quest for improvement, technology plays a significant role as to the development of tools, production of devices and equipment, the upgrading of techniques, skills and processes which, in general, lead to the accomplishment of higher and higher goals that impact or influence our lives in different ways.
Belinda Green , Senior Associate | Monday 31 August 2015
…to the top of business, Nicaragua has witnessed the growth, development and progress of the mining industry in the recent years. According to information available on the Nicaraguan Mining Authority´s official website, there are more than 50 important mining-related projects representing more than 60 million dollars in investments, with worldwide investors including companies from China, Canada, United States, Peru, Mexico, Australia, Brazil, Japan, United Kingdom and others.
As a lawyer at Alvarado y Asociados in Nicaragua, I have had the opportunity to assist many investors that want to incorporate a company in this country.
Among the alternative means of dispute resolution, arbitration in commercial relations is a figure that over the years has been gaining territory over conflict resolution in the courts. Arbitration is a procedure by which the appointed arbitrators issue a binding decision on the parties in a dispute named award, which allows any differences raised in trade relations to be solved in a friendly, quick and impartial manner.
Among the alternative means of dispute resolution, arbitration in commercial relations is a figure that over the years has been gaining territory over conflict resolution in the courts. Arbitration is a procedure by which the appointed arbitrators issue a binding decision on the parties in a dispute named award, which allows any differences raised in trade relations to be solved in a friendly, quick and impartial manner. Arbitration in Nicaragua
KHASK is a Ukrainian major producer and exporter of self-adhesive tapes and packaging materials. The loan facility is used to finance the purchase and installation of a solvent recuperation system, related general construction and energy efficiency capital investments.
In light of the European Commission’s ruling, those that have suffered as a result of the truck cartel are now able to claim damages. That being said, it is important for them to not lose sight of the statute of limitations.
SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) is pleased to announce the admission of Aaron Roi B. Riturban and Franco Aristotle G. Larcina to the partnership.
The Limay, Bataan power project was recognized by IJGlobal as the “Best Power Deal in the Asia Pacific Region”. SyCipLaw acted as local counsel to DBS Bank Ltd., Mizuho Bank, Ltd. and Standard Chartered Bank, the structuring banks in the US$400 million Project Financing of a new 300MW coal-fired power plant in Limay, Bataan of SMC Consolidated Power Corp. Read more information on this transaction .
SyCip Salazar Hernandez & Gatmaitan hosted the Pacific Rim Advisory Council (PRAC) 60th International Conference last September 24-27, 2016. The Conference gathered 43 delegates from PRAC member firms in Australia, Brazil, Canada, China, Hong Kong, India, Indonesia, Malaysia, Mexico, New Zealand, Panama, Philippines, Singapore, South Korea, Spain, Taiwan, The Netherlands, and the United States of America. The conference program provided delegates with various learning and networking opportunities.
Bogus applicants who do not actually intend to take up a post cannot subsequently invoke anti-discrimination legislation. This comes from a ruling of the Court of Justice of the European Union (CJEU).
If the works council no longer indicates a willingness to continue negotiations to prevent collective redundancies, the employer can consider the consultation process pursuant to sec 17(2) of the Kündigungsschutzgesetz (KSchG) [German Employment Protection Act] to have come to an end.
The Singapore International Arbitration Centre (SIAC) held “The User’s Guide to the SIAC Rules 2016” last November 24, 2016 and the Young SIAC (YSIAC) Advocacy Workshop last November 25, 2016.
The Serious Fraud Office (SFO) has decided not to prosecute Soma Oil and Gas regarding corruption in Somalia, due to insufficient evidence. Aziz Rahman looks at what insufficient evidence means and how to challenge prosecution allegations.
JP Morgan is paying $264M to settle allegations of bribery over its hiring of children of key Chinese decision makers to try and secure business. Aziz Rahman explains what constitutes bribery and how to prevent it.