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Nicaragua takes steps to overcome crisis

By Guy José Bendaña-Guerrero & Asociados - 08/03/2019
Nicaragua takes steps to overcome crisis

The president of Nicaragua, Daniel Ortega, agreed with leaders of the national business sector to begin a negotiation focused on the common good of the country, currently withstanding a political, economical and social crisis. "In an open exchange with businessmen and women, it has been confirmed the need for an understanding between the two parties through the start of an inclusive, serious and frank negotiation” the government stated in an official statement.

According to the statement, Cardinal Leopoldo Brenes, archbishop of Managua, and Monsignor Waldemar Sommertag, apostolic nuncio of the Vatican in the nation, were invited as guests of the meeting and will mediate in the future negotiation.

Nicaragua has been experiencing a crisis since last April, when a reform of the social security system sparked protests against the government that have caused hundreds of deaths. The recent meeting between Ortega and the business sector was greeted by the US ambassador in Nicaragua, Kevin Sullivan, who called for the "good faith of the two parties. “The US Government welcomes this effort to reestablish negotiations between Nicaraguan Government and civil society representatives. The negotiations will require good faith efforts to achieve real solutions in real time for the Nicaraguan people”, Sullivan said in Twitter.  

By Guy José Bendaña-Guerrero & Asociados - 08/03/2019
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Guy José Bendaña-Guerrero & Asociados

The Law Firm, specialized in the field of Intellectual Property, formerly known as Henry Caldera & Henry Caldera-Pallais, was founded in 1907 by Mr. Henry Caldera, as part of a three-way operation consisting also of the import and retail of goods. With time, these three operations became separate enterprises. That same year, and through the efforts of Mr. Caldera, Nicaragua had its first Trademark Law.

In the late 1930’s, Mr. Caldera’s older son, Henry Caldera-Pallais, after obtaining a Law degree in Nicaragua, furthered his studies in the University of Michigan, where he graduated to become a U.S. Registered Patent Agent. During his stay in the United States, he gained experience working with the New York firm of Lagner, Parry, Card and Largner. In the late 1940’s, Mr. Caldera-Pallais returned to Nicaragua to take charge of the Law Firm, which became known as Henry Caldera & Henry Caldera-Pallais.