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STEP Journal

A good way to do business

Nicolas Malumian, January 2010

Nicolas Malumian TEP is a Partner at Estudio Malumian & Fossat.


Most English-speaking practitioners and scholars are led to think that there is no actual relevance to the trust in Latin America. Nevertheless, today there is an extensive use of business trusts and guarantee trusts. Therefore, anyone wishing to do business in the region (i.e., as an investor, a creditor, or as a purchaser of goods from Latin American providers) will benefit from knowing how to use a trust as a business vehicle or a guarantee scheme.

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