Market: Guatemala

Telefónica signs new deal to sell assets in El Salvador

Spanish telecoms giant Telefónica has hired Latham & Watkins LLP in Madrid and New York and Arias in San Salvador, Guatemala City and Managua to sell its operations in El Salvador to Jaguar Fund for US$144 million.

25 October 2021

Guatemala raises US$1 billion in sovereign issuance

Simpson Thacher & Bartlett LLP in New York and Alta QIL+4 Abogados in Guatemala City have helped the Republic of Guatemala issue sovereign bonds worth US$1 billion.

20 October 2021

Novis expands in Central America with more ex-Sáenz partners

Salvadorean law firm Novis Estudio Legal has opened offices in Costa Rica, Guatemala, Honduras and Nicaragua by adding two new partners and a group of lawyers from Sáenz & Asociados – the former firm of Novis' founding members.

02 September 2021

UK online payment company Paysafe continues LatAm expansion

Paysafe has enlisted Greenberg Traurig LLP as lead international counsel to make its second acquisition in Latin America in a couple of weeks, buying US counterpart SafetyPay and its operations in the region for US$441 million.

25 August 2021

García & Bodán helps Instacredit Group enter Guatemala

Two García & Bodán offices have helped multinational financial adviser Instacredit Group set up operations in Guatemala, where it will provide accessible financial solutions to local clients.

19 August 2021

Plastics maker issues Peru’s first global sustainability-linked bond

Peruvian plastic packaging company San Miguel Industrias (SMI) has hired Skadden, Arps, Slate, Meagher & Flom LLP in New York and BBGS Abogados (Peru) to issue sustainability-linked bonds and launch a tender offer, with both transactions worth a total of US$585 million.

16 August 2021

French business solution company buys Colombian counterpart

French business solutions provider Webhelp has enlisted five offices of Latham & Watkins LLP, several offices of Central American law firm Arias, Mexican firm González Calvillo, SC and Posse Herrera Ruiz in Bogotá to acquire Colombia’s OneLink.

11 August 2021

Deloitte Legal poaches EY Law partner in Guatemala

Deloitte Legal in Guatemala City has strengthened its corporate and M&A offering by hiring Ruby Asturias from Latin Lawyer 250 firm EY Law (Guatemala), in the same month that the firm also added a labour partner in Argentina.

29 July 2021

Poor political will plagues anti-corruption efforts in Latin America

A study by the Vance Center’s Lawyers Council for Civil and Economic Rights has revealed that several anti-corruption agencies in Latin America lack sufficient independence from government powers to operate effectively, while the absence of political will to fight white-collar crime is dragging the region behind in its anti-corruption efforts.

22 July 2021

Consortium Legal adds three partners in Guatemala

Consortium Legal (Guatemala) has expanded its partnership by close to a third, hiring two partners and promoting one across its tax, energy and litigation practices.

20 July 2021

Get unlimited access to all Latin Lawyer content