Sustainable development could boost Colombia’s financial system

Though it has navigated the global slump in oil prices better than some of its neighbors, Colombia’s economy has still not been immune, as shown by indicators including slowing business volumes. Latin America Financial Services Adviser asks: Will Colombian Banks Thrive in the Months Ahead? How are Colombia’s current economic conditions affecting the country’s financial services…

What has changed in Latin America since the Panama Papers leak?

Financial Services Advisor, a publication of The Dialogue, Latin America Advisor,* asks: What Has Changed Since the Panama Papers Leak? Q: The massive Panama Papers data leak earlier this year drew media attention and regulatory scrutiny for ways elites around the world have hidden wealth from tax authorities. What has been the impact on financial services…

Miami Medicare Fraud Bust

Miami Medicare Fraud: 300 arrested nationwide in US DOJ takedown

Miami Medicare fraud made headline news again this week when at least 100 South Floridians were named among the 300 medical professionals suspected and arrested on various counts of Medicare fraud, nationwide. At least 65 of those 100 Floridians were in Miami—a city considered to be the “capital of healthcare corruption.” All of the individuals charged in…

Financial Transparency_Panama_Papers

Panama Papers’ Leaked Data Warrants Further Exploration

Leaked data needs to pass the test of ‘accuracy of evidence’ The so called ‘Panama Papers’ have dominated media headlines in recent days, creating shock waves that have reverberated across the world. It is claimed that a staggering number of about 11.5 million confidential records of the Panamanian law firm, Mossack Fonseca, were leaked to…

Financial Transparency_Panama_Papers

Do Financial Systems Need More Transparency?

Michael Diaz, Jr. on the recent fallout from the Panama Papers — Mossack Fonseca leak. Featured Q&A – Financial Services Advisor, a publication of Inter-American Dialogue. Q: Panamanian President Juan Carlos Varela on April 6 announced that his government will create a panel of international experts in an effort to improve transparency in the country’s offshore…

Marta Colomar-Garcia

Marta Colomar-Garcia Named as Top 100 Female Lawyer Specializing in Latin America

April 11, 2016 —  MIAMI — The editorial staff of Latinvex has announced their selection of the top 100 female lawyers specializing in Latin America among international law firms. Diaz Reus is pleased to announce that Partner Marta Colomar-Garcia is among those recognized, earning distinction for her achievement in the area of litigation and arbitration in Latin…

Panamanian Law Firms Have A Requirement to Report

Diaz Reus Global Managing Partner Michael Diaz, Jr. was interviewed by WLRN-Miami Herald News’ Americas correspondent covering Latin America and the Caribbean, Tim Padgett, regarding the implications of the Panama Papers controversy and what it means to Miami and Panama City.  Listen to the broadcast segment here.  Follows is the transcript: Law Firm Leak A Wake-Up Call For Panama Authorities…

Volkswagen AG Headquarters Germany - Source Wikimedia

Investor Group Files 3.2 Billion Euro Securities Lawsuit Against Volkswagen AG

Global institutional investor group files large-scale German securities suit against Volkswagen AG over diesel emissions scandal New lawsuit filed in Germany on behalf of 278 institutional investors from Europe, U.S., Canada, Australia and Asia; suit supported by leading U.S. investor law firms Kessler Topaz Meltzer & Check and Grant & Eisenhofer, plus international investor protection…

Marta Colomar-Garcia

Argentina Debt Deal Blocks Holdout Plaintiffs’ Counsels from Joining Settlement Talks

Diaz Reus Partner Marta Colomar-Garcia, acting as Plaintiffs’ co-lead counsel overseeing eight separate class action lawsuits in Argentina’s 2001 $100 billion default, says that Plaintiffs have not been able to engage in genuine and substantive settlement discussions with Argentina in an attempt to resolve the litigation. Earlier in 2016, Colomar-Garcia said that she found out…