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Arias

AVENIDA ESCAZ√ö, TORRE LEXUS, ESCAZ√ö, SAN JOS√Č, COSTA RICA
Tel:
Work +506 4036 2800
Fax:
Fax +506 4036 1268
Email:
Web:
www.ariaslaw.com

Costa Rica

Banking and finance
Banking and finance - ranked: tier 2

Arias

The two-partner team at Arias is led by Andrey Dorado and M&A specialist Vicente Lines, and advises on structured and corporate finance, financial regulatory issues and project finance, including for government projects. Among other recent highlights, associate and key account manager Diego Gallegos, who re-joined the firm after working abroad, supported Lines in a number of matters including the representation of Bank of America as administrative agent and lead arranger in a syndicated senior secured-term loan to Evertec Group. The department's client list also includes Citibank, Cargill and Dutch development bank FMO.

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Corporate and M&A
Corporate and M&A - ranked: tier 2

Arias

The corporate, commercial and M&A practice at¬†Arias¬†is co-led by¬†Andrey Dorado,¬†Vicente Lines,¬†Carolina Flores¬†and¬†Melania Dittel, who¬†was promoted to partner at the beginning of 2019. The team was involved in one of¬†the biggest corporate deals of the year: namely advising¬†Telef√≥nica on the sale of its operations to Millicom. The team also assisted new client, Amvac, with the due dilience process related to its acquisition of Agricenter and all its subsidiaries in the region. The firm announced the hire of well-known corporate figure V√≠ctor Garita from Facio & Ca√Īas in early September 2019, further deepning its corporate bench. Other longstanding clients include Mondelńďz International, FedEx and LifeMiles.

Next Generation Partners

Melania Dittel - Arias

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Dispute resolution
Dispute resolution - ranked: tier 2

Arias

Arias' three-partner litigation and dispute resolution practice, led by¬†Vicente Lines¬†and senior associate¬†German Rojas,¬†is experienced in handling white-collar crime cases, among other matters. Currently,¬†Carlos Ubico¬†and a number of associates are representing Mondelńďz in an unprecedented class action labour lawsuit over whether a previous distribution relationship was an employment or commercial relationship. The team also acted for new clients Electrolux, Florida Ice and Farms Company, Unicomer and Coface. Carolina Flores¬†handles tax litigation. The firm recently strengthened its team with the addition of associate¬†Estefan√≠a Batalla¬†from¬†Batalla Abogados.

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Intellectual property
Intellectual property - ranked: tier 2

Arias

The intellectual property department at Arias has undergone substantial growth with the incorporation of IP boutique firm Castro & Pal Abogados, with key figure Luis Diego Castro joining at the end of February 2019. Andrey Dorado and senior associate Mariana Vargas manage extensive trade mark portfolios, including assisting with oppositions, appeals, transfers and domicile changes, for clients such as Grupo Inditex, L'Oréal and Sanofi. In a recent work highlight, the team assisted Chempak International in appealing against a patent rejection and requesting the nullity of the registration of a competitor's products.

Next Generation Partners

Mariana Vargas - Arias

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Labour and employment
Labour and employment - ranked: tier 3

Arias

Graciela Soto¬†is the driving force at¬†Arias' labour and employment practice. The firm has extensive experience in advising national and foreign companies on compliance with local labour laws, the termination of employment relations, the resolution of disputes between employers and employees, and other matters. The team also counts international market players such as Mondelńďz, Eurofarma and Korn Ferry among its clients. The department regularly assists Amvac with day-to-day matters such as drafting employment contracts and advising on internal policies.

Rising stars

Graciela Soto - Arias

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Real estate
Real estate - ranked: tier 3

Arias

Arias' real estate team¬†advises local and international clients as well as private individuals on the sale and acquisition of properties, real estate developments and concessions rights. In a recent work highlight, new department head Carlos Camacho¬†and¬†associate-to-watch¬†Catalina Chaves¬†drafted model lease agreements for¬†F√°brica de Calzado San Bosco's footwear retail operations. V√≠ctor Garita, who arrived from Facio & Ca√Īas in September 2019, brings additional expertise in real estate matters. The firm's client roster includes software innovator Wind River, travel agency Grupo Colon and technology distributor Tech Data.

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Tax
Tax - ranked: tier 1

Arias

Headed by¬†the highly renowned¬†Carlos Camacho¬†and¬†Carolina Flores,¬†Arias' practice advises on the tax aspects of setting up new operations in Costa Rica or acquiring new business entities. The department also distinguishes itself through its prowess in matters involving the free trade zone regime. In a recent example, the team assisted Philips with its acquisition of US company Volcano under the free trade zone regime to guarantee tax exemptions for newly launched product lines. Furthermore, Flores and key associate Jimena Chinchilla¬†represented Goldman Sachs in negotiations with¬†Panacaf√© de Costa Rica, a national restaurant and coffee shop business currently operating all Starbucks franchises in the country, regarding a financial transaction which included reviewing the credit and guaranty agreement from a tax perspective and conducting a due diligence on¬†Panacaf√©. Other notable clients are Mondelńďz, Sony and Cardinal Health.

Leading individuals

Carolina Flores - Arias

Rising stars

Jimena Chinchilla - Arias

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