Firm News

Ariadna Alvarez and Jorge Ruiz Montilla elected as Capital Members and Irma León, Rubén Muñiz, Omar Oquendo, and Miguel Rivera Arce elected as Income Members of the Firm.
Revocation Parameters for the Sales and Use Tax Exemption Certificate. Read More
Renewable Energy Reform Legislation. Read More.
McConnell Valdés served as Puerto Rico counsel to Oriental Bank and Trust, San Juan, Puerto Rico, in its acquisition of all of the retail deposits and substantially all of the assets and operations of Eurobank from the Federal Deposit Insurance Corporation, as receiver of Eurobank. Read more.
On May 2010, Juan Luis Alonso, Chair, Edwin O. Figueroa, Associate, and Lillian Toro Mojica, Associate, all of our Tax Practice Group, and Claudia Motta, Income Member of the Corporate Practice Group, will be speakers at the 2nd Annual Certified Public Accountants and Lawyers Conference. They will discuss topics related to the Sales and Use Tax, Tax Jurisprudence, and the new Puerto Rico Corporations Law.
We acted as Bond Counsel in the $1.4 billion Government Development Bank for Puerto Rico, 2009 Series C and 2009 Series D, public offering of senior notes, which closed on December 30, 2009 and January 8, 2010, respectively. Read more.
Ms. Nereida Meléndez, Counsel of the Litigation Practice Group, will be a speaker at the Seventh Puerto Rican Symposium of Anti Money Laundering that will be held on February 25 and 26, 2010. She will be presenting The Foreign Corrupt Practices Act (FCPA) and the Requirements For Accounting Transparency And Bribery Of Peps.
Ten Capital Members of McConnell Valdés LLC were recognized in the renowned Chambers and Partners' 2010 Latin America Guide. A prestigious international publication, Chambers & Partners selects lawyers based on client interviews. It ranks them according to technical legal ability, professional conduct, client service, commercial astuteness, diligence, commitment, and other qualities valued by clients. The Capital Members listed in the 2010 Latin America Guide are: Corporate: Salvador F. Casellas, Samuel Céspedes, Jr., Antonio Escudero and Ernesto Mayoral, Litigation (Dispute Resolution): Francisco Bruno and Raúl Arias-Marxuach, Intellectual Property: Dora Peñagarícano and Roberto C. Quiñones-Rivera, and Real Estate: Harry Cook and Silvestre Miranda For further information, go to: http://www.chambersandpartners.com/FirmProfile.aspx?fid=1424&ssid=33603