The Legal 500

Arias & Muñoz

CALLE LA MASCOTA #533, COLONIA SAN BENITO, SAN SALVADOR, EL SALVADOR
Tel:
Work +503 257 0900
Fax:
Fax +503 257 0901
Web:
www.ariaslaw.com
Email:

El Salvador : Banking and finance

Within Banking and finance, Arias & Muñoz is a first tier firm,

A Central American heavyweight with offices across six countries, Arias & Muñoz is a widely respected firm with a strong and experienced banking and finance practice. Aside from its local caseload the group regularly acts as local counsel for the Salvadoran leg of transactions spanning Central America. Practice head Zygmunt Brett leads a very capable team, which focuses principally upon financings and loan work. 2011 highlights for Brett included advising Dutch development bank FMO on a $25m revolving credit line granted to La Hipotecaria, and assisting Société Générale with a $60m uncommitted borrowing base facility extended to Puma Energy. He also advised the Inter-American Development Bank (IADB), on a $20m loan to Fedecredito. The team also features the recommended Lilian Zelaya, Ana Mercedes López and Armando Arias. Founding partner Francisco Armando Arias is another name to note.

El Salvador : Corporate and M&A

Within Corporate and M&A, Arias & MuñozJ is a first tier firm,

One of the best law firms in the country', Arias & Muñoz makes an impressive showing in the corporate area where it fields a ‘confident, strong and reliable team'. Led by senior partner Armando Arias R, a ‘leading corporate lawyer' with ‘outstanding strength in negotiating and lobbying', it regularly assists on major transactions in both El Salvador and elsewhere in the region. The team's multi-jurisdictional capacity was illustrated in March 2011 when key partner Roberta Gallardo led the representation of Honduran publisher Grupo OPSA on its acquisition of Estrategia & Negocios magazine. Gallardo coordinated several due diligence procedures as well as documentation for the transaction, calling on the firm's offices in Honduras, Guatemala, Nicaragua, Costa Rica and Panama, and also including co-ordination in the British Virgin Islands. In early 2012, Gallardo advised HSBC Central America on the $801m sale of its assets to Colombia's Banco Davivienda, a transaction requiring assistance from the firm's office in Costa Rica, and involving other Latin American and international firms. Zygmunt Brett advised a subsidiary company of Regal Forest Holding on its acquisition of retail chain Artefacta, comprising over 90 stores in Ecuador. Lilian Zelaya and Ana Mercedes López are also recommended. Representative clients include Chevron, Walmart, Citi and Telefonica.

El Salvador : Dispute resolution

Within Dispute resolution, Arias & Muñoz is a first tier firm,

Arias & Muñoz has a strong focus on dispute resolution and is active in several of the most complex international arbitration cases in El Salvador. Eduardo Ángel and Armando Arias are the key contacts for this highly recommended practice. In 2011, the duo acted for ENEL Green Power in successfully concluding a $250m international arbitration case brought by CEL, a government-owned hydroelectric company and former joint venture partner of ENEL, in order to gain the right for ENEL to become the majority shareholder in La Geo, a geothermal energy developer.

El Salvador : Intellectual property

Within Intellectual property , Arias & Muñoz is a second tier firm,

Arias & Muñoz has an impressive client roster in the IP arena, and has acted for clients including Procter & Gamble and Rolex. Morena Zavaleta leads the team, and in 2011 advised Chevron on obtaining a registration for the first-ever sound trade mark in El Salvador for Texaco Mnemonic. Litigator Eduardo Ángel assists in contentious IP matters.


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