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Trade and Commercial Law Assessment - Honduras - Economic ...

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TRADE AND COMMERCIAL LAW ASSESSMENT DECEMBER 2004<br />

HONDURAS<br />

No. Type Recommendation Priority Duration<br />

4. Institutional Improve use of arbitration as an alternative means for<br />

settling contract disputes. See High Long term<br />

strengthening also <strong>Commercial</strong> Dispute Resolution recommendations.<br />

Create more arbitration centers<br />

Create specialized arbitration centers devoted to settling disputes of SMEs.<br />

Undertake a promotional campaign on the use of alternative dispute mechanisms<br />

Restrict the use of amparo to exceptional cases in arbitration clauses <strong>and</strong> awards<br />

by legal reform <strong>and</strong> judge training.<br />

5. Legal Education Improve knowledge of legal professionals <strong>and</strong><br />

law students to support the<br />

international business community more effectively.<br />

Develop/revise law school curricula to include international st<strong>and</strong>ards in business<br />

transactions, economic analysis of law, international principles <strong>and</strong> conventions<br />

on contracts (UNIDROIT<br />

<strong>and</strong> INCOTERMS) <strong>and</strong> enhance training on importance<br />

of rule of law, basic legal principles, foreign jurisprudence <strong>and</strong> doctrine such as<br />

“substance over form”.<br />

Introduce the case methodology to teach lawyers <strong>and</strong> judges better ways to<br />

underst<strong>and</strong> the law <strong>and</strong> the merits of the cases.<br />

Conduct continuing legal education seminars<br />

for legal professionals (notaries,<br />

lawyers, judges, court clerks) on same topics.<br />

Conduct workshops for common citizens about basic legal principals.<br />

REAL PROPERTY<br />

Medium Long term<br />

No. Type Recommendation Priority Duration<br />

1. Institutional Regularize private property.<br />

High Long term<br />

Reform/legal Monitor <strong>and</strong> support the implementation of the Property <strong>Law</strong>.<br />

reform<br />

Set up working groups of justices, lawyers, members of the presidential<br />

commission on property reform, members of the chambers of commerce <strong>and</strong><br />

peasant associations to be coached by international experts on property reform to<br />

build consensus on property reforms.<br />

Organize workshops on the Property <strong>Law</strong> should be offered in law schools,<br />

the<br />

Bar Association, other lawyers’ associations <strong>and</strong> Instituto<br />

de Notariado<br />

Launch a promotional campaign on the benefits<br />

of the Property <strong>Law</strong> addressed to<br />

the public at large.<br />

Attachment 1, pg. 3

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