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2020 has put every country in the world under maximum pressure. Not only every nation’s political, economic, and social systems have been harshly tested, but also public health systems, education, and every other angle of society has had to navigate through turbulent and unknown waters. Chile has been no exception to these phenomena, which obviously […]

(Nicaragua, November 2020) It is nothing new that COVID-19 came in like a hurricane in the middle of the summer. No one expected it, no one was prepared and most of the responses have been simply reactive to the situation. In Nicaragua, even with the few self-imposed measures of social distancing, we have had the […]

(Santiago, Chile, May, 2020) Upon the sanitary emergency triggered by COVID-19 and the consequential slowdown for commerce and the economy in general, it is likely that many companies will lack the liquidity to face payments for their creditors, suppliers, personnel, etc. In the face of such an issue, companies might ensure financing via short-term loans, […]

(Malta, May, 2020) A series of emergency measures were announced by the European Commission (“EC”) in coordination with the European Parliament, Council and the European Central Bank to cater for the Covid-19 pandemic, particularly (i) the shock resulting from China’s initial economic contraction in Q1 2020 (ii) the supply shock to the EU and global […]

(Lima, Peru, June, 2020) Andean Community (Formerly Andean Pact) Decision 486, that is in force in Peru since December 1st, 2000, is the Industrial Property law applicable individually in Bolivia, Colombia, Ecuador and Peru, and although this Decision 486 states that no evidence of use is required for purposes of a trade mark renewal, the […]

(Santo Domingo, March 19, 2020) No economic sector has remained immune to the spread of COVID-19, popularly known as Coronavirus. However, none have suffered as much as the aeronautical sector. As one of the most used transportation methods among the world’s population, aviation transports millions of people a year from one place to another. However, […]

(Costa Rica, July 2020) Costa Rica is the most stable country in Central America, not only because the economic growth it experienced during the past years but also because of its political stability through decades. Recently, in May 2020, the members of the Organization for Economic Co-operation and Development (OECD), unanimously decided to invite Costa Rica […]

(Denmark, July 2020) In May 2020, the General Court of the European Union (the “Court”) overturned the European Commission’s decision to prohibit the merger between CK Hutchison’s Three and Telefonica’s O2 UK in 2016. The decision itself as well as the Court’s argumentation are significant reminders to the European Commission (the “Commission”) to act very carefully […]

(Central America, July 2020) Confinement and strict measures of social distancing are now part of the reality of millions of people around the world. In the face of the world’s uncertain economic, political, social, and cultural environment, authorities must go one step further to try to mitigate the severe consequences that the COVID-19 pandemic has […]

(Guatemala, July 2020) Guatemala has the largest economy of Central America, excluding Panama, and its gross domestic product (GDP) represents one third of the region’s GDP.  It has strong macroeconomic indicators with adequate reserves, a controlled public deficit and debt, controlled inflation, and a stable exchange rate.  Guatemala’s economy is mostly dependent on agricultural exports, […]