Seijas v. Republic of Argentina: Additional bondholders seek order forcing payment

Bloomberg.net reports: Holders of about $700 million of defaulted Argentine bonds today filed papers in Manhattan federal court asking U.S. District Judge Thomas P. Griesa to order Argentina to make payments into escrow accounts on behalf of the investors represented in those suits. Because the nation is appealing orders defining who is included in the…

Bolivian Anti-corruption Chief faces sentencing for bribery

(Excerpted from the Miami Herald, 5.23.14, Jay Weaver reporting) Bolivia’s convicted anti-corruption chief, Mario Fabrizio Ormachea faces sentencing Friday for traveling to Miami to extort a rich Bolivian businessman for $30,000 in exchange for making trumped-up charges against him disappear back home. Ormachea’s wealthy target was Humberto Roca, former owner of Aerosur Airlines, who fled…

8th Annual Latinoamericano Arbitration Conference

The 8th Latinoamerican Arbitration Conference is one of the most important events in the area of commercial and investment arbitration offering a variety of educational sessions and discussions, gathering prominent arbitrators, judges, justices, and well-known attorneys from around the world. Featured photo includes Juan Ramirez, Jr. and Marcela Blanco who attended the 8th Latinoamerican Arbitration Conference in Lima, Peru.…

DRT Global Real Estate Closes on 181 Acre Deal in South Florida

MIAMI, April 24, 2014 – International real estate firm DRT Global Real Estate, LLC successfully negotiated a $19.1 million deal, the largest land deal of the year in South Florida for 181 acres of prime residential land in northwest Miami-Dade County, on behalf of its client, Mazel Group, LLC. Brooklyn-based Mazel, associated with developer Yehuda…

Guyana’s inaction on Anti-Money Laundering Bill May Lead to Serious Sanctions

Latin American Dialogue’s, Latin American Advisor asked Diaz Reus: “Why has Guyana failed to pass an anti-money laundering bill?” The Caribbean Community Secretariat in February expressed concern at Guyana’s failure to pass its Anti-Money Laundering and Countering the Financing of Terrorism Act, a measure that the secretary general of the Organization of American States has also…