Guzmán Ariza recognized as a “Top-Tier Firm” in the Dominican Republic by the Legal 500

The Legal 500 Latin America 2018 survey ranked Guzmán Ariza as a Top Tier Firm in real estate and tourism in the Dominican Republic, and our founding partner Fabio Guzmán- Ariza and partner Christoph Sieger have been selected as a “Leading Lawyer” in the field. The firm also received recommendations in Corporate and Finance, Dispute Resolution and Intellectual property.

For the second time, partner Fabio Guzmán Saladín has been recognized as a “Next generation lawyers” in Corporate and Finance.

Several Guzmán Ariza lawyers have also been recommended and mentioned in The Legal 500 Latin America editorial: in real estate and tourism, Fabio Guzmán Ariza, Alfredo Guzmán Saladín, Julio Brea Guzmán, Rubén García, Christoph Sieger and César Calderón. In corporate and finance practice, Fabio Guzmán Saladín, Fabio Guzmán Ariza and Leandro Corral. In dispute resolution, Fabio Guzmán Ariza, Fabio Guzmán Saladín, Rhadaisis Espinal, Alberto Reyes, Melissa Sosa and Michel Camacho. In intellectual property, Fabio Guzmán Saladín, Leandro Corral and Pamela Benzán.

[September 2018]

Fabio J. Guzmán Ariza exposes on arbitration clause in the Chamber of Commerce of Puerto Plata

Fabio J. Guzmán Ariza, President and Managing Partner of Guzmán Ariza, delivered a keynote address on Wednesday, August 15, invited by the Alternative Dispute Resolution Center (CRC, in its Spanish acronym) of the Chamber of Commerce of Puerto Plata.

In his dissertation Guzmán Ariza discussed the arbitration clause, given his experience in arbitration proceedings and as an arbitrator in the Chambers of Commerce of Santo Domingo and Santiago.

Fabio J. Guzmán Ariza is one of the most experienced lawyers in advising foreign investors in the Dominican Republic, with more than 37 years of experience in the area.

Mr. Guzmán Ariza is president of the editorial board of Gaceta Judicial, the leading legal journal in the Dominican Republic, and one of the most influential authors in the Dominican Republic in legal and linguistic matters.

[August 2018]

Guzmán Ariza recognized as one of the Best Companies to Work in 2018

Guzmán Ariza was included in the ranking of 80 Mejores Empresas para Trabajar 2018 (80 Best Places to Work for in 2018) by Mercado magazine, which recognizes the organizations of the Dominican Republic whose human management practices are a benchmark at the business level.

In its June edition, the publication highlights that the positive and friendly working environment of the law firm, as well as the processes and methods “that emphasizes organization, proactivity, communication, honesty and transparency” guarantee the positioning of Guzmán Ariza among the eighty leading workplaces in the country.

The magazine indicates that the main value found at Guzmán Ariza are the professional development opportunities from the first moment they start working in the firm, which reaches a 93% job satisfaction level.

The corporate culture of the firm, which last year celebrated its ninetieth anniversary, is based on the legacy from its founding partner, Mr. Antonio Guzmán López: “a legacy of principles leading the professionals to practice the profession with excellence”.

This is the second occasion in which Guzmán Ariza appears in the prestigious annual study conducted by Mercado.

This recognition is in addition to others granted to Guzmán Ariza at the international level by the main world legal directories, Legal 500, Chambers and Partners and IFLR – International Financial Law Review.

[August 2018]

Fabio Guzmán Ariza recognized as Senior Statesperson by Chambers and Partners Latin America 2019

Fabio Guzmán Ariza, President and Managing Partner of Guzmán Ariza, has been designated as Senior Statesperson in the 2019 edition of Chambers Latin America for advising international clients in the Dominican Republic in real estate and tourism matters for more than 35 years. Mr. Guzmán Ariza is also one of the most important authors and lecturers on the Dominican legal system. Chambers and Partners have only granted this recognition to three other Dominican attorneys since it started publishing its rankings of the Dominican legal practice.

In addition to the firm’s ranking in the Latin America-wide categories of Real Estate & Tourism, Dispute Resolution, and Environment, Partner Christoph Sieger and Senior Counsel Giselle Pérez Reyes are included in the annual publication. Sieger is recognized for Real Estate & Tourism and Pérez for Environment.

The firm’s practice has been qualified as outstanding by clients, who highlighted that “their work is excellent; when they send you an answer to a legal query, it’s always well thought through.”

We at Guzman Ariza are very grateful to Chambers and Partners and our clients for allowing us to be selected as a leading law firm in the Dominican Republic.

[August 2018]

Fundéu Guzmán Ariza presented a Legal Writing Workshop to the Legal Consultancy of the Executive Branch in the Dominican Republic

Fundéu Guzmán Ariza gave a writing course to the staff of the Legal Consultancy of the Executive Branch with the topic “The most frequent errors of the Dominican legal language”, dictated by its president, Fabio J. Guzmán Ariza, and its coordinator, Ruth J. Ruiz.

During three days, from June 26 to 28, Fabio J. Guzmán Ariza explained to the participants the close relationship that exists between the law and the language in which its rules are expressed, as well as the characteristics of the ideal legal language. He illustrated, with examples taken from the Dominican Constitution and recent regulations and decrees of the Executive Power, the main spelling, lexical and grammatical failures of the legislative and administrative language of the Dominican Republic. Likewise, Ruth Ruiz presented a review of the linguistic codes and legal Spanish tools available for online consultation, as well as the services that offer answers to specific doubts about the use of Spanish.

Guzmán Ariza said that a first step towards writing coherent and correct understandable legal texts is to learn to use the linguistic codes in the same way that legal codes are used (civil, commercial, criminal, civil procedure, criminal procedure, etc.), as well as the rest of the current legislation. A second step would be the development of a style manual for public administration.

These activities are part of the work of Fundéu Guzmán Ariza, an initiative of the Guzmán Ariza Foundation of the Dominican Academy of Language, whose objectives include promoting the good use of Spanish in the Dominican Republic. It has the advice of the Dominican Academy of Language and the Foundation of Urgent Spanish (Fundéu BBVA), as well as the economic sponsorship of the Guzmán Ariza law firm.

[June 2018]

Guzmán Ariza signs an internship agreement with UAPA Law School

The Guzmán Ariza law firm signed an internship agreement with UAPA Law School with the presence of Fabio J. Guzmán Ariza, Managing Partner of the Firm, and Pedro Pablo Hernández Ramos, Director of the School.

This agreement will allow participants of the School to carry out their professional practices in this prestigious law firm and thus develop the professional skills required by the Dominican legal market.

The ceremony was held in the office of Guzmán Ariza in Las Terrenas with the presence of Rubén García and César Calderón, partners of the firm, and Anulfa Reynoso, director of the Social Communication Program at UAPA.

[June 2018]

Partners Christoph Sieger y Fabio Guzmán Saladín reelected President and Vice President of the Dominican German Chamber of Commerce

Christoph Sieger and Fabio Guzmán Saladín, partners of Guzmán Ariza, were reappointed as President and Vice President of the Board of Directors of the Dominican German Chamber of Commerce for the period 2018 – 2020. The new appointment took place on March 15 at the general assembly of the Chamber.

At the end of the meeting, Dr. Sieger urged members to continue working hard to encourage trade between Germany and the Dominican Republic, as well as promote business opportunities in the DR.

[March 2018]

Guzmán Ariza represents PAWA in first major bankruptcy proceeding in the Dominican Republic

PAWA Dominicana (Pan Am World Airways Dominicana) is the international flag carrier of the Dominican Republic, with scheduled flights to multiple destinations in the Caribbean and the United States.

Guzmán Ariza is representing PAWA in the first major bankruptcy/restructuring proceeding in the Dominican Republic under the new Mercantile Restructuring Law 141-15, a process which will involve hundreds of national and international creditors. The Restructuring Court in Santo Domingo accepted the firm’s bankruptcy filing request and has authorized preliminary proceedings to begin.

Partners Fabio Guzmán Saladín, Alberto Reyes and Rhadaisis Espinal lead the legal team assisting PAWA.

In January 2018, without prior notice, the Civil Aviation Authority of the Dominican Republic suspended PAWA’s operations for a period of 90 days, alleging nonpayment of airline and airport fees, leaving thousands of passengers stranded all over the Caribbean. Within a few days the airline was left with no choice but to file for bankruptcy.

[March 2018]

Three days for the incorporation of a Dominican Company

President Danilo Medina has ordered that the incorporation of companies in the country will take three days since the process starts; construction permits will not exceed 60 days, and; sanitary registrations will be completed in 45 days. The announcements are part of the new business strategy unfolded by the National Competitiveness Council.

In order to carry out these measures, the corresponding entities must present a work plan for the reduction of these deadlines and the standardization of the requirements, to ensure a greater number of jobs, facilitation and formalization of trade, as well as the promotion of imports and exports.

[ December 2017]

New regulatory framework for the Dominican Stock Market

President Danilo Medina signed into law the bill that modifies Law 19-00 on the Stock Market in the Dominican Republic, which seeks to promote efficiency and transparency in the stock market and the rights and interests of investors and to minimize systemic risk while promoting healthy competition in the sector.

The modification of Law 19-00 comes in a context in which the Dominican Republic will be evaluated in mid-January 2018 in aspects related to transparency and compliance.

The new legislation includes the preparation of 17 regulations related to the operation of the Superintendence of Securities; the tariff framework, intermediaries of the stock market, registry of over-the-counter operations, public offering of securities, relevant events and the Centralized Securities Depository. In addition, a regulation will be developed so that medium and small companies have the necessary facilities to access the stock market.

[December 2017]