Legal News prepared for Bonilla, Montano, Toriello & Barrios as member of the prestigious Club de Abogados Iberoamérica:

August 2004:
1. Creation of an Extraordinary and Temporary Tax to Support the Peace Accords.
2. The Guatemalan Income Tax Law Reforms.

September 2004:
3. Process for the Election of Justices in Guatemala.

October 2004:
4. Initiative to enact a General Procedural Code in Guatemala and its incentives for foreign investors.

November 2004:
5. Bankruptcies and Bankruptcy proceedings in Guatemalan Legislation.