Border measures and the fight against counterfeiting in the Republic of Guatemala: some notes of reflection on its importance and actions that can be taken immediately.

By Juan Sebastián Soto L. founding partner, A.D. Sosa & Soto/ Innova IP, member of DRT International Law Firm & Alliance in Guatemala. The State of Guatemala, like many other States, in strict compliance with its constitutional mandates, must protect its people and for this reason, the subject matter of border measures and the sale of counterfeit goods in their countries must be of particular interest.

DRT Miami Year in Review: 2020 FCPA Enforcement

Not surprisingly, 2020 was a very active year for our law firm. Throughout this year, the U.S. Government actively investigated and prosecuted individuals and corporations suspected of being involved in political corruption or bribery in a foreign country under the FCPA and the MLCA. In addition, the U.S. implemented further aggressive measures to fight corruption, including economic sanctions administered by OFAC. And, U.S. anti-corruption agencies released new guidance to further clarify what the U.S. expects from companies with respect to corporate compliance.

2020 Compliance Developments in Colombia

By Marcela Blanco, Partner, and Javier Coronado, Associate Attorney, DRT Colombia.

DRT Colombia is well-known for its white collar, compliance, and corporate practices. Our team of bilingual attorneys certified in anti-money laundering and qualified in Colombia and the U.S. represents individuals and corporations in matters involving criminal law, fraud, corruption, money laundering laws, and economic sanctions. We also represent clients from various industries in capitalizations, entity selection and formation, operating and partnership agreements, securities, contracts and governance matters. The Firm also conducts internal investigations and assessments for clients with concerns that their business practices or certain specific transactions may violate international, U.S. and Colombian legal standards, regulations, and best practices.

Get to Know the Miami Lawyer Behind High-Profile Venezuelan Prosecutions

Michael B. Nadler has switched sides and is now a criminal defense partner at Stumphauzer Foslid Sloman Ross & Kolaya in Miami.
Michael Diaz, a Miami defense attorney who has litigated against Nadler on behalf of Venezuelan clients, said these cases were a testament to an attorney who understood the big picture in rooting out corruption within the U.S. that stemmed from a foreign country.

China y América Latina: las nuevas apuestas económicas de las empresas del país asiático en la región

En diálogo con BBC Mundo desde Shanghái, Xingjian Zhao, miembro de la firma de abogados Diaz Reus y analista de relaciones internacionales, explica que a largo plazo China intenta reemplazar la influencia que Estados Unidos ha perdido en la región y que para eso, está aprovechando todas las oportunidades disponibles, incluso a pesar de la pandemia.

Six U.S. Oil Executives Are Convicted of Corruption in Venezuela

A Venezuelan judge on Thursday found six American oil executives guilty of a wide-ranging corruption scheme and immediately sentenced them to prison.
The so-called Citgo 6 — employees of the Houston-based Citgo refining company, which is owned by Venezuela’s state oil company, PDVSA — had been lured to Venezuela three years ago for a business meeting and arrested.

Venezuelan Business Executive Charged in Connection with International Bribery and Money Laundering Scheme

A dual Venezuelan-Italian citizen who controlled multiple companies via U.S. based bank accounts was charged in an indictment returned Tuesday for his role in laundering the proceeds of inflated contracts that were obtained by making bribe payments to officials at Venezuela’s state-owned and state-controlled energy company Petróleos de Venezuela S.A. (PDVSA).

Miami-Dade County could award $13.5M for Miami Wilds hotel, water park project

Miami Wilds is closer to becoming a reality, as the Miami-Dade County Commission will review a proposal to award developers $13.5 million for the project. The ownership/development group also includes Michael Diaz of Miami-based Diaz, Reus & Targ LLP; Emmanuel Uche of Miami-based East Coast Development Enterprise; Eamon Smith of New York-based TCS Capital Management; and Andre Portela of Wet ‘n Wild.