Aguilar Castillo Love is a leading international law firm with offices in Central America and Ecuador.
Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Central America
Phone: (505) 2225 8748
Competing with multinationals under DR-CAFTA requires companies to comply with all the necessary processes to protect their brands, processes and products.
The arrival of multinational companies in Central America competing in legal equality with local or regional firms as a result of DR-CAFTA, highlights gaps in legal implementation and best practices for business on issues such as the protection of trademarks and intellectual property.
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. "
Rulers should be aware that a very large percentage of their people do not satisfy their hunger eating sovereignty but by eating rice and beans.
It seems that the current interest of the elected president of Costa Rica is to maintain the highest possible tension with Nicaragua.
Editorial
Undoubtedly, any gesture of rapprochement with the government of President Ortega will entail political costs for Luis Guillermo Solís, the next president of Costa Rica. But it is clear that this - the beginning of his term - was the best time to make that gesture, promoting a release of tension over the border dispute in the Caribbean area.
The Attorney General has invited U.S. citizens with outstanding property claims, to present their cases to a process that it advertises as fast.
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.
The Superior Council of Private Enterprise opposes the proposed "patriotic tax" of 35% on Costa Rican products and services.
The proposal by the Nicaraguan former Foreign Minister Francisco Aguirre, to charge a 35% tariff on products entering from Costa Rica has been rejected by the Superior Council of Private Enterprise (Cosep). The destination of the proposed tax revenue would have been used to cover expenses with the International Court of Justice where both countries maintain a border dispute.
The National Electricity Transmission Company (Empresa Nacional de Transmisión Eléctrica) requires small hydro stations to sign a collaboration agreement and grant a general power to the State.
The Electricity Transmission Company (Enatrel) requires Small Hydro Power stations (SHPs) to sign a cooperation agreement and grant a general power of business to the state.
The Costa Rican government will ask the International Court of Justice to determine the border between the two countries in the Caribbean and Pacific.
Both countries have not reached an agreement over the delimitation of their maritime boundaries, and the recent decision by Nicaragua to tender exploration and exploitation of oil in Caribbean waters has alarmed the government of Costa Rica which has denounced Nicaragua for offering such licenses in areas that Costa Ricans consider belongs to them.
The money that the State of Costa Rica will lose in the dispute over the failed concession of the Crucitas mine will come from taxpayer's pockets.
Editorial
During the 20 year period of the soap opera that is Crucitas gold mine, none of the individuals who are involved in one way or another have suffered any financial loss and many, on the contrary, have seen an increase in their income and their bank accounts.
The accusation of blackmail hanging over the Spanish construction company Sacyr in its proceedings related to the Canal expansion, casts a shadow over all firms of the same nationality.
An article printed in Spanish media outlet Invertia.com says "concerns of Spanish employers established in Panama have increased after the Canal Administrator Jorge Luis Quijano, censored the behavior of the construction firm Sacyr."
The construction consortium has rejected the proposed solutions one by one, as they know that being replaced would be more expensive for the ACP than to acquiesce to its demands.
EDITORIAL
The alleged light at the end of the tunnel that led to an agreement in principle to resolve the alleged illiquidity of Grupo Unidos por el Canal (GUPC), was dimmed when the consortium led by Sacyr and Impregilo returned to its extremist position: Pay the overruns of $1.6 billion, or the works will be halted.
The construction consortium has not carried out its threat to stop construction work at the end of the prescribed period, while Canal Administration prepares to take on the project.
And on Monday there were revelations of another proposal by consortium Grupo Unidos por el Canal (GUPC) for the continuation of the work, which was that the parties in conflict co-finance the so-called contingency costs, while they wait for a decision from the arbitration proceedings established in the contract, over who should pay.
When companies from different countries come together to develop large-scale projects, the work will inevitably be affected by conflicts generated by cultural differences.
In today's world it is not strange that the punctuality of the English or the precision of the Swiss is a surprise to a Latin American.
These cultural differences are also reflected in the working methods of companies who join up in order to develop projects where often a lack of agreement or communication problems delay the progress of projects .
Having glossed over the Bechtel report on technical deficiencies in the very cheap proposal made by Grupo Unidos por el Canal for the Canal expansion, the project could now turn out to be very expensive for the ACP.
At the time of the award of the construction works on the Panama Canal expansion to the consortium Grupo Unidos por el Canal (GUPC), the efforts made by the U.S.
As a precaution against the conflict not being resolved with the construction consortium, the Panama Canal Authority is already planning for the expansion works to carry on under its management.
The administrator of the ACP, Jorqe Quijano, announced that on Monday January 13 there will be a meeting with Zurich, the project's insurer, noting that the Canal Authority has $548 million available for the financing of the work in letters of credit and $442 million in reserve.