Alta QIL+4 Abogados > Guatemala, Guatemala > Firm Profile

Alta QIL+4 Abogados
DIAGONAL 6, 10-01 ZONA 10

Guatemala > Banking and finance Tier 1

A well-established powerhouse in the Guatemalan banking and finance space, Alta QIL+4 Abogados, which formed a regional outfit in May 2021, can now leverage its presence across Central America to handle a greater volume of cross-border transactions. The ‘extremely knowledgeable‘ team is also well versed in international financial deals governed by New York law, with several members who are dual qualified. Its enviably broad practice spans syndicated and bilateral loans, debt refinancing, the financing of infrastructure and energy projects, and capital markets transactions. Leading the five-partner team are managing partner Marcos Ibargüen, Alejandro Cofiño (a high-profile name for international bond offerings and energy project finance), José Quiñones (who brings extensive tax expertise in financial transactions) and the ‘fantasticAndrés Lowenthal (an expert in international deals). The deep bench also includes recently promoted partner Melissa Echeverría and senior associates Santiago Granados and Ignacio Grazioso, who are noted for their expertise in aeronautical matters and public services projects, respectively.

Practice head(s):

Alejandro Cofiño; Marcos Ibargüen; José Quiñones; Andrés Lowenthal


The Alta QIL+4 team are extremely knowledgeable in their field and are very proactive in attending to the client’s needs.

Andrés Lowenthal is a fantastic lawyer, very empathetic. His expertise is unmatched in Guatemala.

A very professional and efficient team. Available to meet our needs and respond to queries in a short period of time. Great knowledge of the laws of Guatemala and how they affect foreign institutions doing business in that country. The team is led by excellent professionals and they maintain a new generation of lawyers supporting the management of the main lawyers.

Marcos Ibargüen, Melissa Echeverría and Santiago Granados are agile and respond on time, have a high level of knowledge of local laws, and make valuable contributions to the documents being reviewed to ensure that our interests are well protected.

Key clients


JP Morgan Chase

The Royal Bank of Nova Scotia

Banco General


Macquarie Bank

HIG Capital

Banco Panamá

Banco de América Central (BAC)

Global Bank

Banco G&T Continental

Work highlights

  • Acted as Guatemalan counsel for Telus International and its Guatemalan and Salvadoran subsidiaries in a $2bn refinancing by the Bank of Nova Scotia to refinance its current debt and acquire WillowTree.
  • Advised Citigroup Global Markets, JP Morgan Securities and Scotia Capital, as purchasers, on a Rule 144A/Regulation S international capital markets debt issuance by the Central America Bottling Corporation.
  • Advised Banco General on a cross-border deal consisting of a $50m fixed-interest short-to-medium-term loan to Banco Industrial for general corporate and operational purposes.

Guatemala > Corporate and M&A Tier 1

Corporate heavyweight Alta QIL+4 Abogados leverages its regional network, made up of offices in Costa Rica, El Salvador and Honduras, and full-service model to handle complex M&A transactions spanning multiple Central American jurisdictions, in addition to assisting with related tax, labour, administrative, compliance and environmental issues. Singled out by clients for its ‘great talent and high level of commitment‘, the team also advises on high-profile domestic M&A, divestments and corporate restructurings, with strengths in the telecoms, financial services, agriculture and energy sectors, among others. Managing partner Marcos Ibargüen and María Isabel Luján lead the sizeable team, which also includes José Quiñones (who heads the firm’s tax and compliance practices), Alejandro Cofiño (an expert in energy-related deals), Andrés Lowenthal (a go-to name for advising international clients) and Melissa Echeverría (who was raised to the partnership in March 2023). Senior associates Santiago Granados, who is active in local and regional transactions, and Ignacio Grazioso provide capable support. The firm has also established a robust diversity and inclusion initiative and code of ethics.

Practice head(s):

Marcos Ibargüen; María Isabel Luján


‘It is a team with a high level of commitment to its clients’ projects, an impeccable work ethic and a high level of energy and coordination among themselves and with their clients.’

‘Marcos Ibargüen is a professional with great talent that includes the ability to identify challenges and come up with solutions that make great common sense. He has also developed a highly talented team around him and on the projects we have worked on where we have had strong pressure to move forward and resolve matters on time, they have always supported us unconditionally.’

‘A young team with great talent.’

‘Alejandro Cofiño and Ignacio Grazioso are very good lawyers who provide great service.’

Key clients

Disagro De Guatemala

Nexeo Solutions

Central Agrícola

Dollar City

Telus International

Cinepolis – Mex

Grupo Gentera


Airbus Helicopters

Baker McKenzie

Aceros de Guatemala

Global Farma


Calidad Inmobiliaria

Work highlights

  • Advised Distribuciones Industriales Variadas (Divsa) and its affiliates across Central America on its acquisition by Barentz International.
  • Acted as local counsel for the Miffin Associates, the local partner of Millicom, on the sale of its remaining stake in Tigo Guatemala to Millicom for $2.2bn.
  • Advised Telus International on the special integration of a stock ownership plan across several jurisdictions.

Guatemala > Dispute resolution Tier 1

Alta QIL+4 Abogados fields a comprehensive litigation and arbitration practice, with a strong track record in both domestic and cross-border proceedings, and attracts praise from clients for its ability to ‘understand the interests of international clients‘. The ‘excellent‘ team is a go-to choice for local and multinational companies involved in complex disputes in the energy sector, including high-profile constitutional litigation concerning mining and hydroelectric power projects. Civil, commercial and criminal disputes also feature in the firm’s caseload, along with a steady stream of asset recovery actions. Alejandro Solares Morales, a specialist in commercial litigation and domestic and international arbitration, heads the department. Other key figures on the deep bench include senior associates Luis Pedro Martínez, who is active in white-collar and financial criminal litigation, and Ignacio Grazioso, an expert in energy-related arbitration and the current president of Guatemalan arbitration centre Crecig, and associate Estuardo Marchena, who specialises in energy disputes. The team also leans on the senior experience of managing partner Marcos Ibargüen and José Quiñones.

Practice head(s):

Alejandro Solares Morales


An excellent team – the best in the country in my opinion. It is a young, dynamic and sophisticated team.

They are modern and sophisticated. They understand the interests of international clients.

They are a competitive firm and are always available for their clients.

Luis Pedro Martínez is not only extremely diligent with the cases in his charge, but also has in-depth knowledge of the applicable legislation. He is always available and at all times looks for the solution that best suits his client.

The prevention of disputes is what generates value in a law firm. Alta has provided us with comprehensive advice, starting by predicting possible areas of conflict and anticipating the results, which has allowed us to avoid disputes or go directly to mediation.

Commercial perspective when identifying potential disputes. Ignacio Grazioso and Luis Pedro Martínez have provided us with vital support with our operations.

Key clients

Pan American Silver

Lácteos de Honduras (Lacthosa)

Aceros de Guatemala

British American Tobacco

Banco G&T Continental

Industrias Lácteas

Ingenio Magdalena


CMI Alimentos

Grupo Disagro

Energía Limpia de Guatemala (Grupo Terra)

UNO Guatemala (Grupo Terra)

Ternium Internacional Guatemala

Banco Agromercantil de Guatemala (Bancolombia)

Grupo Frito Lay (PepsiCo)

Colegio Americano de Guatemala

Universidad del Valle de Guatemala

WPP Group

Desarrollo Iruña

Belluno (Taco Bell)

Créditos Centroamericanos Aktúa

Universidad Galileo

Calidad Inmobiliaria

Asociación de Generadores Renovables (AGER)

Grupo Secacao

Anacapri (Grupo Onyx)

Viento Blanco

Jaguar Energy Guatemala

Maquinas Exactas (Maxa)


Tenneco INC


Transactel (Grupo Telus)


Ronald A Chisholm

Grupo Rosul

Asociación Nacional de Generadores

Humbrall de Centroamerica

Phillip Morris International

Work highlights

  • Obtained a favourable award on behalf of Inkia Energy in an international arbitration case brought against an energy distribution company relating to the generation of energy in Guatemala.
  • Successfully obtained a favourable award on behalf of Horus (Grupo Onyx) in an ICC arbitration case brought against the largest energy distribution company in Guatemala.
  • Handling complex debt recovery cases on behalf of Banco Agromercantil, recovering over $35m in assets.

Guatemala > Energy and natural resources/projects Tier 1

Alta QIL+4 Abogados‘ thriving energy and natural resources practice advises on the full life cycle of project development, from procurement and financing through to the negotiation of PPAs and EPCs, and regulatory and environmental issues. In particular, the team is renowned for its experience in energy-related disputes, with an enviable recent record in high-profile international arbitration and constitutional litigation in the sector. It is also well versed in advising international clients on public bids and contracts. Practice head Alejandro Cofiño brings extensive experience in project finance, PPAs and concessions, particularly in relation to greenfield renewable energy projects. The talented line-up of junior lawyers includes senior associate Ignacio Grazioso, who handles a wide range of energy and infrastructure-related matters, and associate Héctor Morales, who focuses on environmental and regulatory issues. Alejandro Solares Morales and associate Estuardo Marchena are the key contacts for contentious matters.

Practice head(s):

Alejandro Cofiño


Up to date with the latest regulations.

The team stands out for its client service and prompt responses.

The Alta team has been able to identify the specific issues involved in the project, and they have carried out an analysis in line with the way the sector operates. The advice has gone beyond a general overview of legal issues and has incorporated business and political perspectives that have allowed us to meet our business objectives.

We received outstanding personalised service from Ignacio Grazioso. We felt that we were in good hands.

Key clients

Cova Energy

Multienergia – Corporacion Multi Inversiones (CMI)

Generadora San Andres y Generadora San Mateo

Minera San Rafael (Panamerican Silver Pass)

Viento Blanco

Grupo Terra – Energía

Hidrogene de France (HDF)

Horus (Grupo Onyx)

Neoen/IDC Energía


Work highlights

  • Advised Cova Energy (the trading entity created to represent McDonald’s Guatemala) on the PPA for the purchase of green energy with Enel.
  • Advising the National Council of Protected Natural Reserves on the purchase and possession of land in a natural reserve area in the northwestern region of Guatemala.
  • Advised Belluno (Taco Bell Guatemala) on environmental compliance relating to wastewater management and solid waste.

Guatemala > Labour Tier 1

Alta QIL+4 Abogados‘ labour team wins praise for its ‘excellent relationships‘ and ‘focus on the specific needs of the client‘, with a wide-ranging practice that covers the gamut of advisory and contentious matters. The team frequently assists with the employment aspects of corporate transactions, including handling due diligence and advising on the dismissal and transfer of employees, and is also highlighted for offering training sessions to HR departments on labour compliance, disciplinary procedures and sexual harassment awareness. Labour disputes are also a steady source of mandates; recently, the practice has been particularly active in litigation for clients in the BPO sector. Practice head Evelyn Rebuli and Javier Castellán, who was promoted to partner in February 2023, are described as ‘experts in labour law‘, while associate Ingrid Fuentes provides capable support, particularly on corporate immigration matters.

Practice head(s):

Evelyn Rebuli


They have excellent relationships with clients. They hold seminars on important changes in the legislation, the team work is very good and they always try to give the best recommendations.

Javier Castellán and Evelyn Rebuli are professionals with a lot of experience. They focus on the specific needs of the client, the service is personalised and they are always available. Both are experts in labour law and are always looking for the best solutions for clients.

I really like the forums that they have held in recent years to provide information on how the reforms to labour and social security laws will work, what impact they could have on our company, and how to apply and manage the changes in a controlled way. We think that this tool and way of using technology to reach all the firm’s clients through a virtual conference is wonderful.

I believe that Evelyn Rebuli, Javier Castellán and Ingrid Fuentes, who have handled our company’s cases, are very capable, transparent and honest with us regarding the possibilities and strategy that they will follow for the management of the case. In addition, they provide us with clear instructions to be able to improve the internal handling of cases to prevent subsequent labour issues. The relationship we have with them is very cordial and we like that they are always available to assist us.

They have a lot of knowledge of labour law and they advise us on the most convenient and fastest way to solve any problems. They are very honest when suggesting how we should act and they focus on us complying with the law, so as not to have any problems. They are very good professionals.

They stand out for their honesty and personal touch.

Excellent follow-up on each case. They are always thinking of viable alternatives that will protect us, in addition to quickly responding to requests.

The team’s best qualities are their knowledge of labour law and the way they transmit confidence to clients.

Key clients





Ingenio San Diego

Industria de Hamburguesas (McDonald’s)




Jaguar Energy

Centro Médico

Ferreterias EPA

Abbott Laboratorios

Maquinas Exactas

Guatemala > Real estate Tier 1

Alta QIL+4 Abogados is highly praised by clients as ‘a group of specialists in the real estate area that has no equivalent in Guatemala‘. The team combines its expertise in this sphere with the wider firm’s strengths in tax, M&A, commercial and financial matters to advise on the full life cycle of real estate projects. The team primarily acts for major developers of residential, commercial and industrial projects, assisting with everything from the acquisition of land and the structuring of agreements with suppliers and sub-contractors to the creation of co-ownership regimes and the sale of the final units. In addition, it has considerable experience in the negotiation of long and short-term lease agreements. Eva Cacacho, who is singled out for her ‘experience and accessibility‘, leads the practice, supported by senior associate María Fernanda Ovalle, who rejoined the team in May 2022 after a short assignment in-house at construction company Grupo Krea, and associate Karen Tzoc.

Practice head(s):

Eva Cacacho


It is a group of specialists in the real estate area that has no equivalent in Guatemala.

They can complement the real estate practice area with advice on other issues such as tax and labour, which helps us in complex cases.

They have a lot of experience in the subject and are always pro-business. They constantly follow up and are always looking for creative solutions. They think outside the box.

The experience and accessibility of Eva Cacacho makes the team stand out.

They have an action plan for the entire project and anticipate events.

Karen Tzoc has a lot of knowledge of the area.

The team is very good. Having different lawyers with different specialties means that the firm can advise on any area.

Eva Cacacho is extremely available and adapts her schedule to the needs of our organisation.

Key clients

Grupo Onyx (Centro Comercial Maderos)

C Top


Belluno (Taco Bell)

Corpoagro del Pacifico

Minera San Rafael

Desarrolladora Tetuan



Universidad del Valle de Guatemala/Colegio Americano de Guatemala

Nuevo Naranjo

Desarrolladora Los Amatles

Corporación Indyknit (Schwarz Partners Group)

Work highlights

  • Advised Nextil Guatemala on the negotiation of a long-term built-to-suit sub-lease agreement.
  • Advising Desarrolladora Los Amatles regarding the legal strategy for the development of a residential and commercial building in one of the most central areas of Guatemala City.
  • Advising Nuevo Naranjo regarding the legal strategy for the development of an industrial multi-storey warehouse project that will be constructed in two phases.

Guatemala > Tax Tier 1

Alta QIL+4 Abogados fields a diverse tax team, which is equally adept at handling tax structuring, litigation and compliance, with a strong emphasis on international tax matters. Benefitting from the firm’s top-tier banking and corporate departments, the team is well equipped to assist a host of large multinationals with the tax optimisation of financial and corporate transactions, including global restructurings, although it also advises on local matters. On the contentious side of the practice, the firm has established an impressive track record in contentious-administrative litigation against the Guatemalan Tax Authority (SAT), as well as handling criminal cases. Advising on customs tax, transfer pricing and tax compliance also makes up a significant portion of the team’s workload. José Quiñones, whose broad experience encompasses transactional tax and compliance matters, heads the team, while up-and-coming associate Otto Ardón frequently takes the lead in tax disputes.

Practice head(s):

José Quiñones


I think the main thing is trust – the Alta QIL+4 team inspires trust, loyalty and hope. My account is attended to by José Quiñonez and Otto Ardón, and they feel more like our in-house lawyers than external advisers. They ask questions, they know our business and they trust us to be transparent. They are very practical and proactive which at the end of the day is what you want.

What stands out is the confidence we have in working together and the ease of communication.

Key clients

Puma Energy


British American Tobacco

24/7 Intouch

Copa Airlines


Aceros de Guatemala

Grupo Gentera


Abbott Laboratories

Frito Lay/Quaker Oats


Telus International

Comercializadora Campbells

Work highlights

  • Advised Bancolombia on the collection of the credit guarantee of an ongoing real estate project.
  • Acted for 24/7 In Touch in litigation against the tax authority due to the adjustment of a VAT credit reimbursement originating from a challenge to the existence of export operations.
  • Acting for Naturaceites in litigation over the adjustment of profits income tax.

Guatemala > Intellectual property Tier 3

Thanks to the firm’s strong presence in Central America, Alta QIL+4 Abogados is well positioned to advise its growing client base of domestic and multinational companies on regional strategies to protect their IP rights. The team routinely assists with trademark registrations and renewals, and also advises on data privacy, advertising and trade secrets. IP litigation also features in the team's workload; the practice is active in opposition, cancellation and unfair competition actions, as well as anti-counterfeiting cases. At the helm of the practice, managing partner Marcos Ibargüen has expertise in IP litigation and agency and distribution agreements, and senior associate Alejandro del Valle is noted for his broad experience in contentious and non-contentious matters.

Practice head(s):

Alejandro del Valle; Marcos Ibargüen


‘It is a team that is very easy to communicate with, which gives confidence to achieve common objectives, with a great commitment to the client, which makes it possible to solve problems that arise in a more efficient and timely manner.’

Key clients

Taco Bell Guatemala

PPG Industries USA


Caña Real

Laboratorios Saval

ASKO Appliances

International Biodegradable Products Institute

Plastic Brothers


Aceros de Guatemala

Work highlights

  • Advised the International Biodegradable Products Institute on the local registration of its logo, which certifies that plastic products are biodegradable.
  • Advised Plastic Brothers on a strategy to protect its three-dimensional trademarks and defend itself against unfair competition in the marketplace.

Central America > Corporate and finance

Since its formation in May 2021, Alta has proven itself to be a force to be reckoned with in Central America. The regional outfit – made up of firms in Guatemala, El Salvador, Honduras and Costa Rica – has been highly active in cross-border transactions, drawing on the strong international backgrounds of its lawyers, with robust capabilities in syndicated loans, project finance, M&A and notes issuances. In Guatemala, the firm fields a sizeable finance team headed by Marcos IbargüenAlejandro Cofiño, an expert in energy financing and capital markets; José Quiñones, who has complementary strengths in tax and compliance matters; and Andrés Lowenthal, a key contact for international transactions. Ibargüen also heads the corporate practice alongside María Isabel Luján; both are experienced transactional lawyers. Oscar Melara is the name to note in Honduras, handling the full spectrum of corporate and finance matters in addition to IP and litigation. In Costa Rica, Sergio Amador, who has expertise in corporate, real estate and M&A matters, and Rodrigo Zelaya, a high-profile name for private equity transactions, are the leading practitioners.

Work highlights