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Houston Hispanic Chamber of Commerce Names George Y. Gonzalez as Chairman-Elect

May 10, 2006

Partner George Y. Gonzalez to assist leadership as Hispanic-owned businesses boom

HOUSTON (May 9, 2006) – After four years of service on the executive board, Bracewell & Giuliani LLP partner George Y. Gonzalez has been elected chairman-elect of the Houston Hispanic Chamber of Commerce board of directors.  He will assume the role of chairman at the conclusion of current Chairman and Edgardo Colon's term.

Gonzalez, a corporate and securities attorney who also focuses his practice on Latin America business matters, will support Colon during an exciting time for Hispanic-owned businesses.   A report recently released by the U.S. Census Bureau showed Hispanics in the United States are opening businesses at a rate three times as fast as the national average.

“The Houston Hispanic Chamber of Commerce is an active and effective chamber,” said Gonzalez.  “We are a promoter of Hispanic business growth and a clearinghouse of ideas and services to help companies throughout Texas and the nation take advantage of that growth.”

According to the U.S. Census bureau's Survey of Business Owners: Hispanic-Owned Firms: 2002, Texas has the second highest number of Hispanic-owned businesses at 319,339, with a purchasing power of more than $42.2 billion.   Texas boasts some of the largest Hispanic markets in the United States with Houston topping the list with 41,753 businesses.   San Antonio has 29,654 while El Paso has 23,849.

Nationally, Harris County has the third largest congregation of Hispanic-owned businesses with 61, 934 firms following Los Angeles County, California, with 188, 472 and Miami-Dade County, Florida, with 163,188 according to the report.  

Nationally, there are nearly 1.6 million Hispanic-owned businesses, still a small percentage of the 23 million businesses in the country.

At Bracewell & Giuliani, Gonzalez practices general corporate law with an emphasis in mergers and acquisitions, joint ventures, corporate control matters, securities, private company business issues and international practice issues.

He advises clients on their corporate, partnership or other limited liability structure and operation issues as well as general business matters for seasoned corporate clients in both the domestic and international context.   A representative sample of the international jurisdictions where he has negotiated combinations, service agreements and other transactions include Argentina, Bolivia, Brazil, Canada, Chile, Colombia, Guatemala, Mexico and Venezuela.