Contractual

Context:

The client is a bank recognized in the Dominican market, so it has an important portfolio of clients and whose assets amount to approximately RD$ 286,732,000,000.00. In this sense, and considering technological advances, this financial institution set out to modernize its digital platform to a more advanced and with an opportunity for personalization.

Alburquerque assisted the client with the review and preparation of a set of contracts relating to a technology platform implementation project licensed by a foreign company evaluating the terms and conditions of the license, as well as the commitments to be undertaken by the Customer. The services provided by the Firm also included advice with commercial closure, data protection, industrial property, confidentiality, cyber security, among others.

Benefit:

With this assistance, the Firm supported the client to reduce the contingencies that may arise from this contractual relationship, as well as the preparation of a contract that responds to the current regulations for this sector regulated in the Dominican Republic and to the best interests of the client, ensuring the investment amounting to the amount of USD$5,860,272.00.

Lawyers:

Licdo. José M. Alburquerque Prieto, Managing Partner
Licda. Gina A. Hernández, Corporate Business Partner
Licda. Lourdes S. Medina Romero, Corporate Business Junior Associate
Licda. Adriana Espinal Sabater, Corporate Business Junior Associate