Mayer Brown LLP in Chicago and Consortium Legal (Nicaragua) in Managua have advised investment bank Credit Suisse in two loans totalling US$90 million to Nicaragua’s largest bank, Banpro.
Ahead of the publication of the 2020 edition of LACCA Approved, we take a look at the results to find out who Latin America’s leading law firm partners are, as voted for by in-house counsel.
Hogan Lovells LLP in New York and Arias (Nicaragua) have helped Nicaraguan bank Lafise Bancentro obtain a US$100 million loan.
The Vance Center has held its latest “Keep Families Together” workshop, attracting both US and Latin American pro bono lawyers who want to help migrant families separated at the Mexican-US border.
Some 150 Latin American and international law firms have helped companies in the region raise more than US$200 billion through nearly 800 debt and equity capital markets deals throughout 2018, according to Latin Lawyer data.
Panamanian bank group Promerica has hired Hunton Andrews Kurth LLP in Miami and Richmond and Alemán, Cordero, Galindo & Lee in Panama City as lead counsel for its first ever US issuance, worth US$200 million.
Costa Rica-based Sfera Legal has absorbed Ayala & Betancourt in San Salvador and hired a former Consortium Legal associate in Managua to open offices in both countries today.
Regional firms also dominate the Nicaraguan chapter of the Latin Lawyer 250. Here, two firms compete for the top spot in terms of headcount: Consortium Legal (Nicaragua) and García & Bodán (Nicaragua). They both have almost double the number of lawyers of their nearest rivals.
Consortium Legal's Managua office has helped an affiliate of Nicaraguan commercial conglomerate Grupo Pellas acquire the local arm of small and medium loan provider Banco Procredit.
Simpson Thacher & Bartlett LLP in New York, Vector Legal in Costa Rica, Guatemalan firm Bufete López Cordero, García & Bodán (Honduras), Lexincorp in San Salvador and Peruvian firm García Sayán Abogados have helped retailer Grupo Monge obtain a syndicated multijurisdictional loan worth US$120 million.