Tuesday, November 3, 2009

Argentine Attorney and 2008 LLM Graduate Leonardo Rodriguez Writes About Key Mining Law Case

The Argentine Federal Court of Appeals in the Province of Salta "correctly applied" the law and "reached a fair solution" in a mining law case that provides "an encouraging scenario for future investors locating in Argentina," according to Leonardo Rodriquez, a 2008 LLM graduate, and Francisco Macias, both of whom are attorneys for Buenos Aries-based firm Marval O'Farrell & Mairal.

Writing in the firm's October newsletter, the two attorneys concluded, "The attempt of the Argentine government to impose new taxes on companies under the Mining Investments Law can be qualified, at the very least, as unfortunate. The government should promote new investments which benefit the economy as a whole. Mining investment demands large quantities of money, is a high-risk activity and, as such, requires being developed with a stable legal framework."

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