CHARACTERISTICS OF THE LITIGATION PRACTICE IN NICARAGUA

The legal system in Nicaragua is based on the civil law doctrine combined with an adversarial model, where each party, plaintiff and defendant are in equals positions. The process is conducted, first by written demands and consequently by defending oral legal arguments in open court. The Nicaraguan court system is organized according to the following… Read more »

Litigation Practice in El Salvador: Initiating a Lawsuit

Legally, the court cannot impose any obligations in relation to pre-action conduct before initiating proceedings, such as a pre-action letter. However, it is an obligation for the involved parties in a civil matter to carry out the necessary proceedings to attain the evidence and documents that must be presented along with the lawsuit. This means… Read more »

CHARACTERISTICS OF THE LITIGATION PRACTICE IN EL SALVADOR

The Salvadoran legal and regulatory system, as in every system in Latin America, is based on the civil law. This law coded system is constantly being updated, between substantive laws that regulate and determine people´s rights in every jurisdiction, such as the civil, commercial, criminal, etc. and procedural laws that establish a mechanism and the… Read more »

NICARAGUA TOWARDS A HEALTHY FINANCIAL SYSTEM

By: Armando Vega (Associate) Keeping a healthy financial system at a country level represents an attraction to all investors. Nicaragua, as member of the Grupo de Acción Financiera de Latinoamerica (Group of Financial Action in Latin America) (GAFILAT), has the duty of updating itself and keeping the international standards in the legal framework of Anti-Money… Read more »