April 2021 Managerial Alerts

RENTAL PAYMENT SUSPENSION FOR REAL PROPERTY USED AS PRINCIPAL DWELLING UNITS – April 16 2021

RENTAL PAYMENT SUSPENSION FOR REAL PROPERTY USED AS PRINCIPAL DWELLING UNITS   Resolution No. 011, dated April 10, 2021, issued by the Ministry of the Popular Power for Habitat and Housing, was published in Official Gazette No. 42.108 of April 16, 2021 (the “Resolution”). The Resolution suspended on a special and exceptional basis, up to…

INSTRUCTIONS FOR REQUESTING AUTHORIZATION FOR PUBLIC OFFERING OF STOCK NOTES (SUNAVAL-I-03) – April 13 2021

INSTRUCTIONS FOR REQUESTING AUTHORIZATION FOR PUBLIC OFFERING OF STOCK NOTES (SUNAVAL-I-03)   Administrative Ruling No. 147 of September 29, 2020, issued by the National Superintendence of Securities, was published in Official Gazette No. 42.105 of April 13, 2021 (the “Ruling”). The Ruling contains the Instructions for requesting Authorization of Public Offering of Stock Notes (Sunaval-I-03)…

RENTAL PAYMENT SUSPENSION FOR REAL PROPERTY OF COMMERCIAL USE AND PRINCIPAL DWELLING UNITS – April 7 2021

RENTAL PAYMENT SUSPENSION FOR REAL PROPERTY OF COMMERCIAL USE AND PRINCIPAL DWELLING UNITS   Presidential Decree No. 4.577 (the “Decree”) was published in Official Gazette No. 42.101 dated April 7, 2021, whereby the payment of rental fees for commercial properties and those used as main residence was suspended for 6 months, in order to alleviate…