US Supreme Court rules in favor of Costa Rican firm

A US Supreme court decision has set an important precedent in disputes between Costa Rican firms and the foreign companies they represent.

Tuesday, July 1, 2008

The court rejected a certiorari, or revision, plea brought by Japan's Canon, which its being sued by its former representative in Costa Rica, Lantech.



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Cement Company Wins Courtcase Against State

May 2015

After four years of litigation against the State of Costa Rica for having invalidated all operating permits, Cementos David has obtained a ruling from the Constitutional Court which allows it to resume operations.

In October 2010, the company Cementos David, after more than a year and a half of fighting administrative obstacles and judgments, managed to start operations, achieving "in the next 18 months sales of 4 million bags of cement and, most importantly, a significant drop in cement prices in the market."

$24 million Ruling Against Banco Nacional

September 2013

Costa Rica's Banco Nacional has been sentenced to pay compensation to 66 notaries for alleged breaches in finalizing their contracts.

The ruling by the Administrative Court, which is not yet firm, represents 30% of the bank's expected profits for 2013, and restricts the entity's ability to increase its loan portfolio.

¿17,000 million dollars?

July 2011

Here is the story of the US’s alleged debt to Nicaragua of $17,000 million, generated by a ruling of the International Court of Justice in The Hague.

"The story of 17,000 million dollars

One of the few interesting things that Daniel Ortega said in his speech on July 19, the 32nd anniversary of the Sandinista revolution, was that he would revisit the claim that the United States allegedly has debt of more than $17 000 million, arising from a ruling in favour of Nicaragua made by the International Court of Justice in The Hague on June 27, 1986.

Costa Rican courts rule in favor of consumers in internet security cases

October 2008

Two lawsuits against the Bank of Costa Rica, based on fraudulent transactions on the Web, ended with sentences against the bank.

The message sent by the courts to the business sector is clear: fulfill your duty to provide security or you will be responsible for any damages suffered by your clients, even though you are not directly responsible.

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