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Category: News 2

Bartolo Colón, winner of the Cy Young, wins lawsuit in case of stem cell treatment to which he was subjected before his return to the Major Leagues.

Guzman Ariza Law Firm - Bartolo Colón_Monclova

The Second Chamber of the Civil and Commercial Chamber of the Court of Appeal of Santiago annulled the sentence issued by the first-degree court that condemned the winning pitcher of the Cy Young Bartolo Colón to the payment of US $ 4.5 million, for alleged compensation on future earnings after his return to the Major Leagues, to the Dominican doctors who assisted him in the treatment of stem cells in the tissues of his right shoulder.

This decision dated September 20, 2021, also motivated that the doctors did not present elements that corroborate the existence of an alleged agreement between the parties involved in the legal conflict. In the words of one of Colón’s lawyers, Mr. John P. Seibel, “the Court judged on the basis of the facts and applied the law. Justice has been done for Bartolo and his family in the face of an unfounded lawsuit and an absurd first-instance sentence.”

Colón was represented by lawyers Alberto Reyes Báez, from law firm Guzmán Ariza; John P. Seibel and Patricio J. Silvestre, from law firm Seibel Dargam Henríquez y Herrera; Néstor Reinoso, from law firm Reinoso, Ottenwalder y Asociados and Gilberto Objío, from law firm Objío, Subero and Ledesma.

 

Guzmán Ariza Wins Caribbean Tax Firm of the Year and Caribbean Transfer Pricing Firm of the Year at ITR Americas Tax Awards 2021

London, United Kingdom, September 22, 2021 – We are extremely proud to announce that Guzmán Ariza has been awarded two very important recognitions at the International Tax Review’s Americas Tax Awards 2021, as Caribbean Tax Firm of the Year and Caribbean Transfer Pricing Firm of the Year.

Now in its 17th year, the ITR Americas Tax Awards 2021 recognizes remarkable achievements and developments by international tax professionals from the North, Central and South American regions, over a 12-month period, celebrating the leading tax and transfer pricing firms and practitioners.

Following months of research, interviews and peer review, winners were judged for their innovation, complexity and impact.

Congratulations to our tax practice lead partners Alfredo Guzmán Saladín, Fabio Guzmán Saladín, Alberto Reyes Báez and their team, as well as our in-house Tax Advisor and CPA, Mariano Corral, for their excellent work. We would also like to acknowledge the other top firms and practitioners shortlisted for these awards, as they kept us in good company.

Fabio Guzmán Saladín Meets With German Commerce Officials and Organizations

Fabio Guzmán-Saladín, partner at Guzmán Ariza, took part in a meeting between of the Central America and Caribbean Chamber of Commerce, the Federal Ministry of Economy and Energy of the Federal Republic of Germany and the Association of German Chambers of Commerce and Industry, held on Saturday, November 30, 2019 in Panama City.

This important meeting had as special guests Doctor Christian Storost, Head of Division for the Promotion of Foreign Trade an Investment, and Ms. Natascha Boussiga, Director of the German Chambers of Commerce Abroad in the Americas and Western Europe; and the Presidents of the Foreign German Chambers in Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, and Panamá.

The topics discussed during the event included cooperation between countries and trade relations with the region.

Mr. Guzmán-Saladín attended in his role as president of the Dominican-German Chamber of Commerce.

[December 2019]

New Bidding Rounds for the Exploration of Hydrocarbons in the Dominican Republic

After concluding the first auction round started on July 10th in Texas, which culminated in the concession of block 2 of the San Pedro de Macorís offshore basin on Wednesday, November 27, 2019, the Ministry of Energy and Mines of the Dominican Republic will make a new gas and oil round in the coming months to include blocks for exploration and exploitation of hydrocarbons in areas that were not included in the first round.

11 blocks in 4 basins remained from the First Round for which no bids were received, namely: Cibao: 6 interterritorial blocks; San Pedro de Macorís: 2 maritime blocks; Enriquillo: 2 interterritorial blocks; Azua: 1 inter-territorial block. For the new round, the Ministry will include blocks in areas that had not previously been offered, which have not been publicly disclosed yet.

[December 2019]

Guzmán Ariza Attends Conference for the “Arbitral Award”

Guzmán Ariza attended the conference for the “Arbitral Award” held by the Alternative Dispute Resolution Center of the Chamber of Commerce and Production of Puerto Plata.

German-Dominican Chamber of Commerce Celebrates its 25th Anniversary

The German Dominican Chamber of Commerce celebrated the 25th anniversary of its founding in a cocktail party with a large number of its members, allies of the private sector and public sector authorities.

The meeting was attended by Volker Pellet, Ambassador of the Federal Republic of Germany and honorary president of the Chamber; Fabio Guzmán Saladín, president of the CCDA and partner of Guzmán Ariza law firm; Edmund Duckwitz, former Ambassador of the Federal Republic of Germany in the Dominican Republic and founder of the German Dominican Chamber of Commerce; Johannes Hauser, President of the Regional German Chamber of Commerce for Central America and the Caribbean; Nelson Toca Simó, Minister of Industry, Commerce and SMEs; Fausto Fernández, Vice Minister of Tourism; among others.

During his speech, Guzmán Saladín said that “since its foundation in 1994, the Chamber has achieved important milestones that have enabled it to fulfill its main mission, which is to achieve a greater cooperation between Germany and the Dominican Republic, especially searching for business opportunities that are beneficial for both nations.”

The commemoration took place at the Ambassador’s residence.

[March 2019]

Fabio Guzmán Ariza Recognized as Senior Statesman by Chambers and Partners Global Guide 2019

Managing Partner Fabio Guzmán Ariza is recognized as a Senior Statesman, the highest possible rank in Dominican Republic in Corporate/Commercial: Real Estate according to the 2019 edition of the prestigious legal services directory, Chambers Global.

Mr. Guzmán Ariza is one of the foremost practitioners in the country in real estate law. He has practiced real estate law in the Dominican Republic for 37 years and has published numerous articles on the subject. Peers and clients recognize his standing in the sector, with one market commentator stating that “he is a very prestigious lawyer in this field.”

Also, partner Christoph Sieger has received market recognition as a Band 2 lawyer within the field Corporate/Commercial: Real Estate and as a “Foreign Expertise in Germany”. His expertise encompasses a range of real estate and tourism issues and he regularly advises a roster of prominent multinational clients. He is acknowledged by peers as a significant player in the sector, and they describe him as very skilled and knowledgeable, with particular expertise in condominiums.

[March 2019]

Fabio J. Guzmán Ariza Speaks 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]

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]