Guzmán Ariza advises Sunwing Travel Group in one of the single largest non-syndicated financings awarded by Banco del Reservas in the Dominican Republic.

Guzmán Ariza, Attorneys at Law, advised the Sunwing Travel Group in one of the single largest non-syndicated financings granted by the Banco del Reservas in the Dominican Republic.

The facility will be used by Sunwing Travel Group to complete the construction of the Royalton Bávaro Resort & Spa, at an estimated total investment of $200 million which is expected to generate thousands of jobs.

This new Blue Diamond Resorts complex (a subsidiary of Sunwing Travel Group), will be the third Royalton resort in the country and first under the Royalton Luxury Resort flag. The 730- room Resort will be built in Arena Gorda beach, Bávaro and will operate under its signature All-in Luxury® concept.

Guzmán Ariza has assisted Sunwing Travel Group since 2013 in arbitration, project finance, and investments matters, as well as in commercial contract and litigation.

[May 2017]

Alberto Reyes is appointed member of the legal committee of the French-Dominican Chamber of Commerce

Alberto Reyes Báez, partner of Guzmán Ariza, was appointed permanent member of the Legal and Security Commission of the French-Dominican Chamber of Commerce and Industry (CCIFD).

The CCIFD legal committee, created in May 2017, is a permanent consultative body for the support of its members, the French and Dominican legal culture, as well as spokespersons for issues related to legal aspects of local, international, immigration and institutional trade.

Alberto Reyes has more than 13 years of experience and a postgraduate degree at the University of Paris, Panthéon – Assas.

[May 2017]

Partner Alfredo Guzmán contributes to Thomson Reuters’ Corporate Real Estate Global Guide 2017

Alfredo Guzmán, partner at the Guzmán Ariza law firm, recently authored the Dominican Republic chapter of Thomson Reuters Practical Law’s Corporate Real Estate Global Guide 2017.

The Q&A guide gives a high level overview of the corporate real estate market; real estate investment structures, including REITs; title; tenure; sale of real estate; seller’s liability; due diligence; warranties; real estate tax and mitigation, including VAT and stamp duty/transfer tax; climate change targets; restrictions on foreign ownership; real estate finance; leases; planning law; and proposals for reform.

The Dominican chapter may be seen at https://uk.practicallaw.thomsonreuters.com/w-007-5258

[April 2017]

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Former Judge Aura Celeste Fernández attends congress on bioethics and human rights in Panamá

Former Judge Aura Celeste Fernández, president of the National Council of Health Bioethics of the Dominican Republic (CONABIOS, by its Spanish acronym) will attend the symposium Bioethics, Courts and Human Rights to be held on April 10, 11 and 12 at the University of Panamá.

The symposium is being held on the 20th anniversary of the European Convention on Biomedicine and Human Rights to promote a comparative law analysis of the relationship between bioethics and human rights in the development of the jurisprudence of Latin American and European courts.

Aura Celeste Fernández, partner at the Guzmán Ariza Law Firm, is a specialist in public law with more than three decades of professional practice.

[April 2017]

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Partner Alberto Reyes participates as keynote speaker at conference on contract law

Alberto Reyes Báez, partner at Guzmán Ariza Law Firm, will participate as keynote speaker at the conference The French Reform of Contract Law: A Source of Inspiration for Dominicans?, which will be held on April 7 and 8 at the Dominican Supreme Court of Justice.

Alberto Reyes, professor of Contracts at the Pontificia Universidad Madre y Maestra in Santo Domingo, will make his presentation on The Current State of Dominican Contract Law.

The activity corresponds to the first Dominican-French interactive colloquy about the present and future of contract law in France and the Dominican Republic.

[April 2017]

Brooklyn Law School students visit Guzman Ariza Law Firm

Guzman Ariza Law Firm received four students from the Brooklyn Law School as part of a collaboration agreement between the two institutions.

The Firm was proud to support the initiative of the students to complete 50 hours of legal work in Non-Profits Organizations in the region of Las Terrenas and Samana, as part of the requirements of the New York State Bar.

Valery Cury Sepúlveda, Jasiel Morales, Erica Molina and Kristina Todorovic spent a week at the firm’s offices in Santo Domingo, Las Terrenas and Samaná learning about the legal profession and working with the Non-Profits Organizations in the Dominican Republic.

Guzman Ariza is a strong supporter of internships for college undergraduates and students from different Law Schools around the world, as part of their diversity programs.

[March 2017]

Partner Julio Brea Guzmán attends conference of the International Bar Association in Argentina

Julio Brea Guzmán, partner at Guzmán Ariza Law Firm, attended the conference Mergers and Acquisitions in Latin America presented by the International Bar Association (IBA) Corporate and Mergers and Acquisitions (M&A) Law Committee and the IBA Latin American Regional Forum.

The conference, held in Buenos Aires, Argentina, on March 15,16 and 17, identified trends and opportunities in the Latin American M&A market and commented on the continued and increased growthe of multilatin companies.

Julio Brea Guzmán is a member of the IBA Corporate and M&A Law Committee, as well as the Litigation and Real Estate Committee.

[March 2017]

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Partner Aura Celeste Fernández elected as member of the Electoral Committee of the Santo Domingo Chamber of Commerce

The Santo Domingo Chamber of Commerce elected Aura Celeste Fernández as a member of the Electoral Commission in charge of organizing the General Assembly in which the 2017-2019 Board of Directors will be elected.
Aura Celeste Fernández is a partner at Guzmán Ariza Law Firm and member of the board of directors of the Center of Alternative Dispute Resolution of the Santo Domingo Chamber of Commerce.

[March 2017]

Dominican Republic Law Firm Guzmán Ariza is Celebrating its 90th Anniversary

The Dominican Republic law firm of Guzmán Ariza – the first and only national law firm in the Dominican Republic – is celebrating its 90th anniversary this year. Since 1927, Guzmán Ariza has focused on serving national and international businesses and individuals.

Fabio Guzmán Ariza, the firm’s managing partner, explained that the firm was started by his father, Antonio Guzmán, working solo in his home town of Salcedo, after graduating from the University of Santo Domingo Law School.

Now, Mr. Guzmán Ariza continued, the firm has seven fully-staffed offices strategically located in every major business and tourism center in the Dominican Republic and is “the only law firm in the Dominican Republic with a national reach.”

Mr. Guzmán Ariza added that the firm’s “commitment to the law and business principles, our responsiveness to clients, and our cost-effective practices have earned us the reputation within the international business community as a trusted and respected law firm that delivers results.” He stated, “We are honored to be celebrating our 90th anniversary with our clients, employees, partners, and friends.”

The law firm of Guzmán Ariza has more than 30 multilingual and multinational lawyers equipped to assist international investors across a wide variety of practice areas, including corporate and business law, mergers and acquisitions, project finance, banking, insurance and securities, taxation, intellectual property, litigation, real estate and condominium law, immigration, and family law.

After 90 years in the forefront, Mr. Guzmán Ariza said, the firm remains committed to assisting clients in an effective way in the time and at the place they need.

About Guzmán Ariza

Guzmán Ariza is the first and only national law firm in the Dominican Republic, with seven fully-staffed offices strategically located in Santo Domingo, Sosúa-Puerto Plata, Cabrera, Las Terrenas, Samaná, La Romana and Bávaro-Punta Cana.

The firm has been recognized as an outstanding Dominican law firm by Legal 500, Chambers and the International Financial Law Review, the premier guides to the world’s leading law firms.

Developing countries allowed to import generic drugs

An amendment to the agreement on intellectual property entered into force securing for developing countries a legal pathway to access affordable medicines under World Trade Organization (WTO) rules.

The amendment to the Trade Related Aspects of Intellectual Property (TRIPS) agreement provides a secure and sustained legal basis for both potential exporters and importers to adopt legislation and establish the means needed to allow countries with limited or no production capacity to import affordable generics from countries where pharmaceuticals are patented.

The TRIPS amendment gives the world’s most vulnerable people access to drugs for diseases such as HIV/AIDS, tuberculosis and malaria.

[February 2017]