Market: Costa Rica

Multiple firms steer Lumen’s US$2.7 billion LatAm business sale

US private equity company Stonepeak has enlisted Simpson Thacher & Bartlett LLP in New York and Palo Alto as lead international counsel to buy Lumen Technologies’ Latin American business for US$2.7 billion.

05 August 2021

Multiple firms help Dutch paint company expand in Latin America

Dutch paint and coating company AkzoNobel has turned to Baker McKenzie (Colombia) and six offices of Central American law firm Arias to acquire Colombian counterpart Grupo Orbis.

16 July 2021

Arias nabs Zürcher Odio's IP head in Costa Rica

Latin Lawyer Elite firm Arias (Costa Rica) has boosted its IP department by hiring respected practitioner María del Pilar López from Zürcher Odio & Raven as partner.

08 July 2021

Aguilar Castillo Love hires from Deloitte Legal in Costa Rica

Latin Lawyer Elite firm Aguilar Castillo Love (Costa Rica) has strengthened its technology law group by hiring a lawyer from Deloitte Legal’s local office as partner.

07 July 2021

Johnson Controls buys air conditioning company in Costa Rica

Multinational conglomerate Johnson Controls has hired three Aguilar Castillo Love offices to acquire Costa Rican heating, ventilation and air conditioning (HVAC) company Lucas Ingenieros.

06 July 2021

Post-coronavirus wealth taxes could be a case of when, not if

The financial strain of the covid-19 pandemic has forced governments in Latin America to dig deep to cover costs. As a growing debt pile looms ever larger, some countries in the region are floating a tax on the wealthy to help foot the bill, one of several ways private wealth counsel in the region is evolving. Emily Darby reports on a practice area experiencing big changes.

29 June 2021

Court upholds fine against Alcatel for corruption in Costa Rica

France’s highest court has rejected an appeal by telecoms company Alcatel-Lucent against a €150,000 (US$182,000) fine it received for paying bribes in Costa Rica in the early 2000s.

29 June 2021

Costa Rica avoids damages in mining dispute

A divided International Centre for Settlement of Investment Disputes (ICSID) tribunal has held Costa Rica liable in a third-party funded claim worth almost US$400 million brought by a Canadian gold mining company, while declining to award any damages.

08 June 2021

Four Central American firms launch regional outfit

Latin Lawyer 250 firms QIL+4 Abogados in Guatemala and Melara & Asociados in Honduras have joined forces with Costa Rican law firm Batalla and El Salvador’s Valdés, Suárez & Velasco Abogados to launch a new regional law firm called Alta.

03 June 2021

Aguilar Castillo Love appoints new managing partner in El Salvador

Central American law firm Aguilar Castillo Love has appointed its Costa Rica-based disputes co-head Esteban Agüero as its new managing partner in El Salvador.

19 May 2021

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