Colombia’s New Copyright Law

Colombia’s Congress recently approved Law 201 of 2012, popularly known as “Lleras Law 2.0,” which deals with copyrights and intellectual property. Passage of this law was fast-tracked in an effort to coincide with Barack Obama’s visit to Colombia for the Summit of the Americas. Lleras Law 2.0 purports to take a hard line on piracy…

Understanding Risks of Investing in Iraq Key to Success

Commentary by Michael Diaz, Jr., Halim Gebeili, and Arti Sangar Daily Business Review August 1, 2012 As Iraq recovers from decades of war, U.S. businesses are taking a close look at potential investment opportunities. Project financing is par­ticularly important, as Iraq needs new power plants, housing developments, roads, bridges, ports and telecommu­nications systems. Because security…

The NAFTA of the Pacific

On November 12, 2011, leaders of the nine Trans-Pacific Partnership countries – Australia, New Zealand, Malaysia, Vietnam, Singapore, Brunei, Peru, Chile and the United States – announced that they haD reached initial consensus on drafting an ambitious, 21st-century Trans-Pacific Partnership (TPP) agreement that will enhance trade and investment among the TPP partner countries. The TPP…

Investor-State Arbitration Provisions under Colombian-US Free Trade Agreement

Chapter 11 of the North America Free Trade Agreement (NAFTA) was the first international trade agreement provision to give foreign investors a direct cause of action for investment disputes against the host government in a binding international tribunal, commonly known as “investor-state arbitration.”  However, NAFTA investor-state arbitration continues to be a source of debate.  Critics…