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Winston & Strawn lawyer sets up on own
Winston & Strawn lawyer sets up on own

Winston & Strawn lawyer sets up on own

24 May 2002

Thomas Vega-Byrnes has left Winston & Strawn and has set up his own solo practice, Thomas Vega-Byrnes LLC. He will continue to work in international power projects and will build upon established relationships with commercial, government and multilateral lenders, equipment suppliers and contractors.

Central American Free Trade Agreement comes a step closer
Central American Free Trade Agreement comes a step closer

Central American Free Trade Agreement comes a step closer

22 March 2002

The Presidents of Panama, Costa Rica, Nicaragua, Guatemala, and El Salvador, along with the Vice-President of Honduras, have signed the text for a future Free Trade Agreement to cover all six countries. With the signing of the text, which took place on March 6 in Panama City with the President of Brazil as witness, the Central American countries intend to form a trade bloc of 30 million consumers.

SAB expand in El Salvador and Honduras (with US$1.1 billion deal)
SAB expand in El Salvador and Honduras (with US$1.1 billion deal)

SAB expand in El Salvador and Honduras (with US$1.1 billion deal)

30 November 2001

South African Breweries plc has acquired a 97 per cent equity interest in Cervecería Hondureña SA, which it plans to combine with El Salvador Beverage Business, a family owned consortium. Cervecería Hondureña is the sole brewer and the largest soft drinks bottler in Honduras. The equity interest in CHSA was purchased from the Dole Food Company Inc. for a cash consideration of US$537 million on a debt free basis. The two deals make South African Breweries plc the largest brewer and bottler in Central America.

Hughes Hubbard and Sherman & Sterling in US$120 million commercial paper program
Hughes Hubbard and Sherman & Sterling in US$120 million commercial paper program

Hughes Hubbard and Sherman & Sterling in US$120 million commercial paper program

21 November 2000

The program, a re-do of one done last year, was signed between CABEI and Barclays Bank PLC. It is designed to finance foreign trade operations in Central America and was effective as of November 21, 2000.

The long and winding road to privatisation in Honduras.
The long and winding road to privatisation in Honduras.

The long and winding road to privatisation in Honduras.

01 October 2000

Congress is currently discussing a new electricity law, though it may take sometime before the law is finally approved.

New Industrial Property Law - Legislative Decree 12-99-E
New Industrial Property Law - Legislative Decree 12-99-E

New Industrial Property Law - Legislative Decree 12-99-E

28 February 2000

Major changes approved by Congress to the Industrial Property Law became effective throughout Honduras from 28 February 2000.