Puerto Rico Settlement Agreement

State:
Multi-State
Control #:
US-TS10045
Format:
Word; 
PDF; 
Rich Text
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This form is a Settlement Agreement usable in cases where licensing, patents, or commercial trade secrets are a factor.

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FAQ

During his second expedition to the Indies in 1493, Christopher Columbus returned several Taino captives to Borinquen and claimed the island for Spain, calling it San Juan Bautista.

On August 8, 1508, Ponce de Leon founded Caparra, the first European settlement in Puerto Rico, not far from the modern city of San Juan. The Taino Cacique (Chief) Agueybana openly greeted Ponce de Leon. However, conflicts soon arose as the settlers began subjugating the Taino.

Why did the U.S. take control of Puerto Rico? ?The U.S. for a long time had wanted to assert its sort of predominance in the Americas and remove European powers formally,? Christina Ponsa-Kraus, a professor of legal history at Columbia University, told McClatchy News.

In 1508, Sir Ponce de Leon was chosen by the Spanish Crown to lead the conquest and slavery of the Taino Indians for gold mining operations. The following year, the colony was abandoned in favor of a nearby islet on the coast, named Puerto Rico (Rich Port), which had a suitable harbor.

Christopher Columbus arrived in Puerto Rico in 1493 during his second voyage to the New World. Initially, Columbus christened the Island San Juan Bautista (St. John the Baptist). The name was soon changed to Puerto Rico, or ?rich port,? when the Spaniards realized the impressive amount of gold found in its rivers.

In 1493, Columbus landed in a bay on Puerto Rico's west coast, and he claimed the island for Spain's King Ferdinand and Queen Isabella. Fifteen years passed, however, before Spanish explorers, led by Juan Ponce de Leon, explored and colonized the island.

In 1493, Columbus landed in a bay on Puerto Rico's west coast, and he claimed the island for Spain's King Ferdinand and Queen Isabella. Fifteen years passed, however, before Spanish explorers, led by Juan Ponce de Leon, explored and colonized the island.

Because Puerto Ricans are U.S. citizens, they have an advantage in competitive labor markets over foreign workers who require a visa in order to be employed in the U.S.A.

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Puerto Rico Settlement Agreement