MIAMI, Jan. 11, 2016 /PRNewswire/ -- Responding to the explosion of interest by U.S. businesses seeking to invest and trade with Cuba since the resumption of diplomatic ties last year, the highly regarded Miami law firm of Carey Rodriguez is announcing the establishment of a new Cuba Practice Group to advise clients on doing business on the island.
"Without a doubt, the opening of Cuba represents one of the most historically important business opportunities in the region, and our clients are finding South Florida to be the ideal jumping-off point to manage these new relationships," says Juan J. Rodriguez, partner at Carey Rodriguez. "Our Cuba Practice Group, led by experienced Cuban and Cuban-descended lawyers, is well positioned to advise on the complex regulatory, political, and economic environment on the island necessary to successfully manage risks and develop opportunities in this relatively untapped market."
The Cuba Practice Group of Carey Rodriguez aims to leverage its industry-leading expertise in technology, communications, and intellectual property law to assist clients investing and trading in certain areas of the Cuban economy as allowed under recent changes to U.S. law, with a view of preparing clients for any future regulatory opening.
The firm's legal expertise is bolstered by a strong local network of key relationships. In November, members of the Carey Rodriguez Cuba Practice Group visited Havana where they met with the Deputy Chief of Mission at the U.S. Embassy, the President of Cuba's Bar Association, the Secretary of the Corte Cubana de Arbitraje Comercial Internacional, and the legal advisor to the Mariel Special Development Zone, which is the tax-free zone created by the Cuban Government to attract foreign business.
"Cuba is entering into an uncharted phase of rapid political and social change, and while businesses should exercise caution and awareness of complex local considerations, there is no doubt that there are important opportunities to explore without delay," said Rodriguez.
Carey Rodriguez is one of the first U.S. law firms with wingtips on the ground in Cuba. In December, the firm co-sponsored the U.S.-Cuba Legal Summit in New York.
More information about the Carey Rodriguez Cuba Practice Group can be found the firm website at http://www.careyrodriguez.com/.
SOURCE Carey Rodriguez Milian Gonya, LLP