During the following days all companies, in compliance with Article 422 of the Commercial Code, must hold the ordinary meeting of the Shareholders and Board of Directors, the latter for those companies that have Board of Directors, to examine the situation of the company, appoint administrators and other officers, determine the economical guidelines of the company, consider the accounts and...Read More
The Bank of the Republic through the Bulletin 8 of February 28, 2020, published the External Resolution No. 1 of 2020 by which it modified the External Resolution No. 1 of 2018 of the Board of Directors of the Bank of the Republic in the sense of including the Territorial Development Fund “Financiera de Desarrollo Territorial (FINDETER)”, the Fund for the Financing of the Agricultural Sector...Read More
The Ministry of Mines and Energy (“MME”), through Decree 328 of 2020, defined the conditions that must be met to carry out Integral Research Pilot Projects (“PPII”), observing the provisions of the Contentious Chamber of the Council of State in Writ of September 17 of 2019.
For the above effects, companies interested in developing PPII must...Read More
The Resolution 3167 of 2019 of Migración Colombia established the new protocol for the entry and exit from Colombian territory for national and foreign visitors, besides the mechanisms and regulations for migratory control with significant changes that will facilitate the compliance of these procedures. Next, we include the main changes:1. Permits to enter and stay in Colombia
Reduction in...Read More
On July 9, 2019, the Ministry of Mines and Energy issued Resolution 40590, by means of which it defined the general rules applicable to the energy long-term Auction mechanism, complementary to the existing mechanisms on the Energy Wholesale Market, and Resolution 40591, by means of which the second long-term auction’s specific terms are defined. Both are definitive and final resolutions,...Read More
Disney and Fox
Disney acquired 21st Century Fox for USD 1.3 billon. The merger involves the acquisition of film and television studios, contents and franchises among others.
The estimated amount to be acquired by Disney through the merger is of USD 19.8 billion
T-Mobile and Sprint
Both companies are interested in merging, a transaction that if taken place, would have a value of USD $ 26...Read More