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The first edition of the Argentina Business Investment Forum was held in Buenos Aires from September 12 through September 15 as an initiative of the Federal Government and was hosted by the Argentina Investment and Trade Promotion Agency.
Franchising in Argentina: term, exclusivity and other clauses Content: 1. The term of the contract. 2. Exclusivity. 3. Other clauses. 4. Liability of the parties. 5. Termination of the Franchise Agreement. 6. Non-competition. 7. Tax considerations. 8. Conclusion
Argentina enacted a new Civil and Commercial Code by Law Number 26,994, (Código Civil y Comercial de la Nación or CCCN), effective as from 1 August 2015. The CCCN repealed both the Civil Code and the Commercial Code, as amended, which had ruled Argentine private law for more than one hundred years.
Mario Eduardo Castro Sammartino contributed with the Chapter on Argentina in the book “Digest of Commercial Laws of the World”, Release 2016-8, recently published by the international publisher Thomson Reuters
In one of our previous articles, we have covered the basics of mergers and acquisitions in Argentina (see in our Legal Blog: Investments in Argentina – Legal framework, procedures and further issues to be considered by foreign investors). Following, we will explain the procedures to close a stock purchase transaction regarding mergers and acquisitions in Argentina.
The article on Franchise Law in Argentina, written by Mario Eduardo Castro Sammartino, has been published in International Journal of Franchising Law, Volume 14, 2016, Issue 2 (pages 33 to 35) published by Claerhout Publishing.
Investments in Argentina are likely to pick up renewed steam in the near future. A new administration took office in December 2015 and is strongly committed to reduce the intervention of the State over the economy and leave far more room for private initiatives and ventures.
On December 10th 2015, Mr. Mauricio Macri was sworn in as new President of the Argentine Republic putting and end to a populist twelve-year period in which the country had been run by Nestor and Cristina Kirchner. The new administration has vowed and is committed to imprint a significant change in Argentina´s state policies, fueling the role of the private sector, opening up the economy, looking for and welcoming foreign investments through improving ties with the U.S. and many European nations, etc.
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