Employ Pagarés for Open Account Sales to Latin America

October 25, 2014

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Enforceable promissory notes and other security devices are common forms of collateral in Latin America, and especially critical for open account sales. Promissory notes, known as pagarés, can be easily drafted, however it is essential to obtain legal help to ensure their enforceability. Getting a pagaré properly signed through a notary public will ensure that:...

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