The Nicaraguan Government is seeking to resolve in the short term all cases or property disputes that exist with U.S. and in through this dispel the usual objections for it not being granted a Waiver of Property by the U.S. government.

"In a meeting with José Adán Aguerri, President of the Superior Council of Private Enterprise, Cosep," Hernán Estrada, Attorney General "invited all American claimants to the Attorney General's Office or to present themselves to the Centre for Mediation or Arbitration in order to present their cases and for the processes to be carried out quickly. "

"The prosecutor indicated that only 3% of claims remain to be resolved, which they hope will be resolved this year."

Source: elnuevodiario.com.ni

More on this topic

Property Waiver for Nicaragua

August 2014

Although there are cases still pending, the resolution of 52 claims made by 28 Americans is the reason that the country has been granted with a Property waiver until July 2015.

The United States Embassy in Nicaragua reported that "... from July 2013 to July 2014, 52 cases related to 28 American citizens were resolved, and that despite the progress achieved, there are still 154 property claims by American citizens pending. "

U.S. 'Waiver" Makes Businesses Uneasy

March 2012

Nicaragua's government is trying to calm fears among businesses after the release of a report covering the pending property claims of U.S. citizens, without which bilateral and multilateral U.S aid may be jeopardized.

From June 2011 to date, the government has been attending to about 64 claims by U.S.

Oscar Arias will mediate in Honduran Crisis

July 2009

State Secretary Hillary Clinton announced that the President of Costa Rica, Oscar Arias, will serve as international mediator in the Honduran political crisis.

The announcement was made after a private meeting with Manuel Zelaya, Honduras ousted president, exiled from the country on June 28.

"Investment Arbitration: the Panamanian Phenomenon" held in Panama

November 2008

The event will be held at the Hrmodio Arias Madris Campus in Domo Curundu, Panama City on November 12, 13 and 14.

The "I Forum on Investment Arbitration: the Panama Phenomenon, Latin American perspectives" and the "III International Congress on Alternative Methods" have the objective to promote Panama as the investment destination, and at the same time to help to consolidate the country as the international epicenter for managing conflict solution using negotiation, mediation and arbitration.