Category Archives: FAQ

Preview of Caribbean Business Article: “Don’t mess with the Mouse: Protecting your Intellectual Property”

“Don’t mess with the Mouse: Protecting your Intellectual Property” By Sebastián Torres, Esq. He is one of the world’s most famous characters.  Market researchers estimate a 97% recognition rate in the United States that surpasses even Santa Claus.  Brand experts estimate its value to exceed $3 billion.  I am talking about the ultimate symbol of

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Mergers & Acquisitions: A Buyer’s Guide (by Pedro Barcelo, Esq.)

Caribbean Business: “Mergers & Acquisitions: A Buyer’s Guide” There are essentially three kinds of sellers in merger and acquisition (M&A) transactions: (i) the private seller, which is usually has small group of owners (entrepreneurs or family); (ii) the public company seller; and (iii) a big company selling a portion of itself. Regardless of the deal

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New Bill Entails Debt Reorganization Process for Puerto Rico Public Corporations

Senate Bill No. 1164, also known as the “Puerto Rico Public Corporation Debt Enforcement and Recovery Act” (hereinafter, the “Act”), was recently signed by the Governor of Puerto Rico.  The Act establishes a debt enforcement, recovery and restructuring system for eligible local public corporations that are experiencing financial insolvency.  It creates two debt relief solutions;

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I plan to open a franchise location in Puerto Rico. What do I need to know about the Island’s real estate laws?

Puerto Rico’s real estate law is based on Spanish civil law tradition and differs from many other jurisdictions. Strict conditions need to be followed before a transaction can be recorded in the public registries. Deeds for both residential and commercial real estate must be prepared by a public notary. In Puerto Rico, only licensed attorneys

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What sort of business associations are available in Puerto Rico?

Puerto Rico has a mix of both common law and civil law business associations. The General Corporations Act of 2009, which also includes all local provisions related to Limited Liability Companies (Compañías de Responsabilidad Limitada) was modeled from both the Delaware General Corporations Act and the Delaware Limited Liability Company Act. Although essentially the same

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