News
The firm regularly makes headlines internationally. Please click on a title below for a full story.
Carlos Gonzalez, Partner
, March 2010
On February 18 & 19, 2010, the Florida International Bankers Association hosted its 10th Annual Anti Money Laundering Conference in Miami, Florida. Diaz Reus & Targ, LLP proudly returned as a Platinum Sponsor of this important conference for the fourth year in a row. At this year’s gathering, attorney Carlos F. Gonzalez, a partner resident in the Firm’s Miami and Shanghai offices, participated in a panel discussion entitled, “The Convergence of Financial Fraud and AML.” The session, attended by nearly 1,000 participants, explored the new role banks and other financial institutions will play in fighting the massive frauds that characterized 2009. Read the summary of Mr. Gonzalez’s remarks here.
At the 10th Annual FIBA Anti-Money Laundering Compliance Conference
Intercontinental Hotel, Miami Florida
February 18, 2010
Wall Street Journal, December 7, 2009
Dubai: A High Rise, Then a Steep Fall
By CHIP CUMMINS, STEFANIA BIANCHI and MIRNA SLEIMAN
DUBAI -- As financial crisis roiled much of the world in October 2008, the head of Dubai's biggest state-owned developer unveiled his latest megaproject: a $38 billion development that would include a tower nearly two-thirds of a mile tall.
"I'm sure most of you are asking why we're launching this, and you'd be mad not to question it," said the executive, Chris O'Donnell, at a news conference. Though there would be economic ups and downs in the years needed to build the tower, he told listeners, demand would continue to outstrip supply.
"The fundamentals in the market are too strong," he said. "There won't be a crash."
Since then, residential real-estate prices in Dubai have slumped by almost 50%. Developers have slashed jobs and scrapped projects. Groundbreaking on the tower was long ago put on hold. The yearlong retrenchment culminated in last week's surprise announcement that Dubai would seek to restructure $26 billion of debts owed by Dubai World, the holding company for many of the government's port, infrastructure and real-estate businesses.
Michael Diaz, Jr., Managing Partner at Diaz Reus quoted on the change in flow of money from the Mid-East to Latin America, Brazil.
Latin Finance, March 5, 2009
"The Stanford International Bank saga has brought to light what all investors should consider before investing in tax havens if it seems too good to be true, it is."
Inter-American Dialogue's - Latin American Advisor - Financial Services, March 2009
"Regardless of a change in policy on the existing money transfer limitations to Cuba, the [underground] market may continue."
Inter-American Dialogue's - Latin America Advisors - Financial Services, February 2009
A conference on Middle-eastern Investment in Latin America, Michael Diaz, Managing Partner at Diaz Reus & Targ, LLP, Spoke on Understanding and Managing Risks When Investing in Latin America.
LatinLawyer Online, February 11, 2009
"Banco Santander's future in Latin America will depend on how it maneuvers the Madoff scandal."
Inter-American Dialogue's - Latin Advisor, February 9, 2009
Se dice que es una de las personalidades internacionales que van a cambiar al mundo.
Miami, FL
Miami Review, January 2009
Diaz Reus & Targ, LLP's, Managing Partner, Michael Diaz, Jr., selected among the "World Changers"
Florida Trend, September 1, 2008
Supreme Court declines further appeal in forum selection case
South Florida Business Journal, by Paul Brinkmann, July 4, 2008
Circuit remain split on permissive versus restrictive approach in absence of forum-selection clause
The National Law Journal, February 25, 2008
Populist rhetoric and policies wiill continue as long as natural resources prices remain high. But what happens after they fall?
Latin Business Chronicle, November 13, 2007
Second Annual Conference on Dispute Avoidance and Resolution
Shanghai, China
China Business Times, August 30, 2007
La firma Diaz, Reus & Targ LLP anotó otro hito en un nuevo proceso de Protección a las inversiones extranjeras.
Migalhas Latinoamérica No. 135, August 14, 2007
Judge Upholds contracts that require international business disputes to be resolved in U.S. Courts
July 27, 2007

