Judicially enforcing a contract takes 1402 days in Guatemala, 920 in Honduras, 852 in Costa Rica, 786 in El Salvador, 686 in Panama, and 409 in Nicaragua.
The data comes from the 2014 Doing Business report by the World Bank.
The extreme difficulty of enforcing contracts by means of the administration of justice systems is endemic in Latin America, which, as stated an article in Miamiherald.com by Andres Oppenheimer, contributes "to slow economic growth."
VGSC Investment & Legal Services is legal services, whom have vast experience in different legal fields. We are focuses primarily on asset protection, financial, economic, corporate,& foundations
Operates in Panama
Phone: (507) 360 5556