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Dr Daniel Wanjau appointed Head of Corporate Commercial and Real Estate
Dentons Hamilton Harrison & Mathews is pleased to announce the appointment of Dr. Daniel Wanjau Muriu as the new Head of its Corporate, Commercial & Real Estate Department. Dr. Wanjau succeeds Richard Omwela, whose distinguished leadership and invaluable contributions have been instrumental in shaping the department’s success and growth.
Argentina Introduces the Incentive Regime for Medium-Sized Investments (RIMI)
Argentina: The Congress approved the modernization of the labor regime which establishes – as a separate chapter- the Incentive Regime for Medium-Sized Investments (Régimen de Incentivo para Medianas Inversiones, or "RIMI"). The RIMI is designed to promote productive investments by Micro, Small, and Medium-Sized Enterprises ("MiPyME" its Spanish acronym) through a package of tax incentives, including accelerated depreciation in the Income Tax and early refund of VAT tax credits.
Honduras Simplifies Access to the Foreign Exchange Market: New Rules from the Central Bank of Honduras
Honduras: Honduras is moving forward with the modernization of its foreign exchange market through new rules issued by the Banco Central de Honduras, aimed at simplifying access to foreign currency and reducing regulatory burdens. Fewer requirements, more streamlined processes, and new opportunities for individuals and businesses participating in foreign exchange auctions. What exactly is changing and how could it impact your international operations? Find out in our analysis.
LCs, demand guarantees, negotiable instruments and COVID-19
Global: This note looks at the very limited role of the doctrine of frustration in relation to letters of credit, demand guarantees and negotiable instruments where related circumstances are affected by COVID-19. It also looks at the slightly less limited role for force majeure issues in such circumstances.
