GUZMAN TAÑEDO ACAIN advises on the acquisition, construction and operation of an island resort in Palawan

July 8, 2008

GTA LAW has advised a foreign investor-client in the acquisition, construction and operation of a five-star resort in the island of Palawan. The acquisition and construction of the island resort is a joint venture between a foreign investor and a local partner and the operation of the five-star island resort will be managed by a world renowned hotel and resort brand. The consideration for the acquisition and total project cost of the construction have not been disclosed. The Island Resort which will be opened to the public very soon will be called Huma Island Resort and Spa (www.humaisland.com). The GTA LAW team was led by Managing Partner Alex Llanes Acain Jr. with assistance from other lawyers of the Firm. For further information please contact Alex Llanes Acain Jr., Managing Partner, on Mobile +63917 500 2878 or (02) 4033478 or email alexacain@gtalawphil.com

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