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A recent report from the US Chamber of Commerce Institute for Legal Reform warns of a growing risk of litigation in Latin America. By Jaime Mejia The principal economies of Latin America are reforming their civil law systems, which may instigate a wave of litigation with potential negative consequences for foreign investment and economic growth in the region. That is the main conclusion of two recent reports produced by the Institute for Legal Reform (ILR) within the US Chamber of Commerce, a Washington D.C.-based agency that promotes global trade. The report Following Each Other’s Lead: Law Reform in Latin America […]
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