Today Latin Lawyer continues its analysis of changes in the region’s legal markets following the publication of the 14th edition of Latin Lawyer 250 with a look at Guatemala.
Much of Latin America emerged largely unscathed from the global financial crisis and continues to feature a host of countries experiencing economic growth rates the US and Europe can only dream of. So it is little surprise that increasing numbers of multinationals should look to the region in search of new markets and higher returns on investment. Joe Rowley takes a look at the leading M&A lawyers best equipped to help acquisitive companies seal the deal
Guatemala's Mayora & Mayora SC has assisted IT solutions company GBM in its winning bid to provide recording services for the country's upcoming elections on 11 September.
Hogan Lovells and Mayora & Mayora SC have advised the largest financial institution in Guatemala, Banco Industrial, in a US$150 million notes issuance on the Luxembourg stock exchange.
Mexican microfinance bank Compartamos' in-house counsel, Manuel de la Fuente Morales, has led operations for the bank to set up a subsidiary in Guatemala.
Mayora & Mayora SC has helped Spanish company Abantia win a bid for the construction of a hospital in Guatemala.
Clifford Chance LLP and Consortium - Rodríguez, Archila, Castellanos, Solares & Aguilar SC have helped private equity fund Actis acquire Spanish energy company Gas Natural Fenosa's Guatemalan energy assets.
Guatemala's Alternativa Independiente (AI), an opposition group supported by many of the country's business lawyers, was unsuccessful in the Guatemalan bar association's election on Friday week but says it will continue to work towards improving the country's rule of law.
The last decade has seen a number of 'regional firms' emerge in Central America, but the structure has as many sceptics as it has adherents – as heard at recent round tables of law firm leaders and in-house counsel in Guatemala. Emiliano Mellino reports on the views of those at the meeting and asks other lawyers in Central America for their views on the opportunities and pitfalls of a regional model
Clifford Chance LLP and Arias & Muñoz (Guatemala) have advised Colombia's largest energy company, Empresas Públicas de Medellín (EPM), on the acquisition of Distribuidora Eléctrica Centroamericana II (Deca II) and other Guatemalan energy companies for US$635 million, the first step in its US$1.2 billion international expansion plan.