This is the second largest Central American chapter of the Latin Lawyer 250, with eight firms. It is home to the largest number of single market firms in the region, although that number is dwindling as more local players embrace regionalisation. The latest venture of Mayora & Mayora (Guatemala) is now listed in the Salvadorian chapter of the guide. However, the two largest Guatemalan firms - QIL+4 Abogados and Carrillo & Asociados – do not have offices outside of the country and that is unlikely to change soon.
Simpson Thacher & Bartlett LLP in New York and Mayora & Mayora in Guatemala City have helped Guatemalan energy company Energuate issue US$330 million in notes.
Guatemalan firm Mayora & Mayora SC has merged with Salvadorean firm Telles & Asociados and hired an in-house lawyer from Coca-Cola’s Guatemala branch to head its litigation department back home.
Arias (Guatemala) has hired a board member of various prominent Guatemalan organisations for its banking and finance division as it seeks to drum up more local demand.
Latin Lawyer continues with its run-through of the region’s leading business law firms. Today’s focus is Guatemala, as analysed in the 19th edition of Latin Lawyer 250.
Guatemalan firm QIL+4 Abogados has promoted two lawyers to strengthen its real estate and banking and finance practices as it doubles down on growing demand.
Central American firms have doubled down on Costa Rica, with the country accounting for two-thirds of the promotions reported by regional outfits in the past four months.
While 2016 marked the rise of populism in the US and Europe, in Latin America business-friendly administrations took the reins of several of the region’s countries. With this in mind, law firms stocked up departments in preparation for an expected uptick in transactional work. Latin Lawyer takes a look at the most significant of these developments.
BLP has completed its sweep of Central America in less than three years, poaching three partners and 10 associates from veteran family firm Arenales & Skinner-Klée/ LatamLex to open in Guatemala City, its ninth office in the region.
Hogan Lovells LLP in New York, Mayora & Mayora SC in Guatemala City and Walkers in Grand Cayman have helped Guatemala’s Banco Industrial issue US$350 million worth of debt.