Latin America, long considered the backyard of the United States, is one of the most important markets for U.S. manufacturers and distributors. But as they strive to achieve their business goals, U.S. companies need to be aware of the potential risk factors and legal dangers in dealing with their Latin American partners. While these relationships are often amicable and quite profitable, they can also sour very quickly. Economic downturns, changes in upper management and unstable political regimes, to name just a few factors, can transform a once friendly business relationship into a rancorous legal dispute.
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