commercial arbitration in Puerto Rico

International Commercial Arbitration in Puerto Rico

International arbitration is of importance in business and commercial affairs within a country’s jurisdiction and across borders. It has become the preferred method of solving international disputes  and while Puerto Rico is limited by the United States broad reach on international affairs, Puerto Rico has taken steps to adopt legislation in accordance with international commercial arbitration that benefit trade among borders and supports adjudication of  transnational disputes. This brief article provides a broad review of international commercial arbitration in general and as it is applied in Puerto Rico.

non-profit organizations

Nonprofit Organizations: How to Successfully Create and Structure Your Organization

Many people who are interested in forming a non-profit organization or corporation do not give mind to the internal organizational aspect. Without weighing the consequences, they look for canned documents either they find them on the internet, or they are provided by, for example, their accountant who, although he can help you in many matters, cannot do everything. There is much more to consider when forming the company and this is what I want to…

Intellectual Property

Intellectual Property Protects your Company

July 21, 2022 In business, services or products are sold. When you enter the market with a new offer, there are probably already people serving the clients you are looking for and generally serving a similar need. If your business is successful in attracting customers, you will also attract competition – who sooner or later will try to offer similar products. If the competition is established – it will probably benefit from greater purchasing power,…

Board of Directors

Boards not Shareholders Rule the Company

There is ongoing debate for decades as to how to improve the relationship between shareholders, directors and the long-term objectives of a company.  Many obstacles are on the way for numerous factors including the broad spectrum of investor composition that share ownership of a company These include individual, day-traders, institutional investors, pension and hedge funds, and others.  Each has its own objectives and agenda, that may conflict with other shareholders and with the long-term viability of the company.  Some are looking for a quick buck.  Other seek long-term growth. Each objective requires different management approaches.

Sole Proprietorship

Sole Proprietorship- Pros and Cons

When you form a business, you must first decide the choice of legal entity.  The one that works best for your organization depends on structure, liability, management, and tax considerations. Businesses are generally formed as sole proprietorship, partners, corporations, and limited liability companies (although there are other entities not so common). Operating under a sole proprietorship A sole proprietorship is a business that is run by one person alone, without the need of a partner…