Aguilar Castillo Love > Tegucigalpa, Honduras > Firm Profile

Aguilar Castillo Love
EDIFICIO ROFISA II, COLONIA LOMAS DEL GUIJARRO SUR
CALLE BARCELONA, BLOQUE C LOTE 15
TEGUCIGALPA
Honduras

Honduras > Banking and finance Tier 1

Aguilar Castillo Love‘s banking and finance team has a strong reputation for multi-jurisdictional transactions, leveraging the firm’s network of offices throughout Central America, as well as its growing footprint in South America, to advise international financial institutions with operations in Honduras. Predominantly acting on the lender side – although it is also called upon by local borrowers to assist with loans from international banks – the team covers syndicated loans, refinancings and fintech matters, with a notable strength in financings in the energy sector, including project finance. Office managing partner Enrique Rodríguez Burchard and Juan José Alcerro Milla jointly lead the practice, bringing extensive experience in cross-border project finance transactions, while Carolina Aguirre Larios is particularly experienced in the financial regulatory space. Other names to note include Victor Alejandro Martínez, who frequently assists with related tax issues, and associate Ondina María Santos, who has expertise in fintech matters.

Practice head(s):

Enrique Rodríguez Burchard; Juan José Alcerro Milla

Key clients

Astra Honduras

Work highlights

  • Advising Astra Honduras on the proposed expansion of its Tengo payments system and e-wallet services in Central America.

Honduras > Corporate and M&A Tier 1

Corporate powerhouse Aguilar Castillo Love leverages the firm’s extensive network (with offices throughout Central America as well as in Bolivia, Ecuador, Panama and Paraguay) and close links with international firms to advise on a wide array of multi-jurisdictional M&A, including regional deals. The team acts for a growing roster of multinational clients, as well as major local companies, demonstrating particular strength in the energy, technology (including fintech) and pharmaceutical industries. In addition, the broad practice covers corporate restructurings, the establishment of operations in Honduras, and related commercial and antitrust issues. The firm fields a sizeable four-partner team, headed by office managing partner Enrique Rodríguez Burchard, who has considerable experience in M&A, and Juan José Alcerro Milla, the leader of the firm’s antitrust and fintech and start-up groups. Carolina Aguirre Larios and Victor Alejandro Martínez, who has complementary tax expertise, are other names to note, alongside a deep bench of associates, including Ondina María Santos and Leonel Contreras. The firm also has an active D&I initiative, Proyectos ACL Mujeres, which promotes the participation of women in business, including through its pro bono work.

Practice head(s):

Enrique Rodríguez Burchard; Juan José Alcerro Milla

Key clients

Grupo Don Julio

Total Eren

Mondelez International Holdings

INHESA

Softys

Coats Group

Amazon

Fundación Nasser para el Desarrollo Educativo de Centroamérica

Grupo Deli

Work highlights

  • Acted as lead counsel for Grupo Don Julio on the sale of its business to Peruvian retail group Corporación Castillo.
  • Advising Mondelēz International Holdings on the acquisition of shares in the Mexican entities of Ricolino, a subsidiary of Grupo Bimbo.
  • Advising Total Eren on the acquisition of 100% of the shares in an SPV and certain assets of a second SPV set up to hold the rights to a 112.5MW wind farm project located in San Marcos de Colón, owned by Nordex.

Honduras > Energy and projects Tier 1

Aguilar Castillo Love leverages its full-service model and extensive network in the region to advise on the full spectrum of corporate, financing and regulatory matters in the energy and projects space. The team has a strong recent record in energy-related M&A, including in cross-border deals, and is also active in project finance and the negotiation of power purchase agreements (PPAs), with an impressive client base that includes both international and Honduran investors. Juan José Alcerro Milla and office managing partner Enrique Rodríguez Burchard lead the practice, bringing broad experience in corporate and financial transactions in the renewable  and traditional energy and infrastructure sectors. Carolina Aguirre Larios is also widely recognised for her comprehensive energy and projects practice, particularly her expertise in PPAs. Victor Alejandro Martínez and associate Leonel Contreras provide key support on transactional matters.

Practice head(s):

Enrique Rodríguez Burchard; Juan José Alcerro Milla

Key clients

Total Eren

INHESA

Work highlights

  • Advised Total Eren on the $24m acquisition of the San Marcos de Colón wind farm project.
  • Advising INHESA on the $17.5m acquisition of an SPV set up to hold the rights to the Fray Lázaro power plant.

Honduras > Intellectual property Tier 1

Aguilar Castillo Love plays an active role in the registration and renewal of client’s trade mark portfolios in Honduras and across Central America, frequently taking advantage of the firm’s presence throughout the region to handle cross-border mandates. In addition, the team is well versed in IP disputes, and in advising on the IP aspects of licensing, distribution and franchise agreements. The food and beverages and retail sectors are core areas of strength, although the firm’s diverse client base also covers the pharmaceuticals (where it also advises on patent matters), telecoms and banking spheres. Juan José Alcerro Milla, whose expertise ranges from trade mark filings to high-profile IP litigation, leads the team alongside Honduras managing partner Enrique Rodríguez Burchard. Carolina Aguirre Larios is also a key contact.

Practice head(s):

Enrique Rodríguez Burchard; Juan José Alcerro Milla

Key clients

Grupo MCC

Astra Honduras

Infarma

Industrial de Alimentos

Audio Video

Supermercados La Colonia

Distribuciones Universales (Diunsa)

Work highlights

  • Assisting Grupo MCC with the filing, registration and renewal of over 30 trade marks and slogans in Honduras and the Central American region, and representing one of the client’s companies in an IP dispute.
  • Advising Diunsa on the prosecution and enforcement of over 20 trade marks.
  • Advising Astra Honduras on the registration of more than 40 trade marks in Honduras and the Central American region, and defending the client against trade mark oppositions in Guatemala, El Salvador and Nicaragua.

Honduras > Tax Tier 1

Aguilar Castillo Love maintains a broad tax practice, assisting an impressive roster of regional and international clients in the energy, mining, construction, and food and beverages sectors with both contentious and transactional tax matters. Praised by clients as ‘always willing to listen and collaborate‘, the team has a strong track record in complex disputes with the Honduran tax authority (SAR), in addition to advising on the tax aspects of major M&A and projects-related transactions, drawing on the firm’s longstanding expertise in the projects and energy space. Juan José Alcerro Milla, whose extensive experience spans tax litigation and the structuring of significant transactions, co-heads the practice with Honduras managing partner Enrique Rodríguez Burchard, who has recently been particularly active in contentious matters. Up-and-coming partner Victor Alejandro Martínez is also a key name for tax disputes, compliance and customs issues.

Practice head(s):

Enrique Rodríguez Burchard; Juan José Alcerro Milla

Testimonials

Our relationship with ACL is very professional. They are people who are always willing to listen and collaborate with us. They always adapt to the needs of clients and tell us their points of view of each situation in the most objective way.

Victor Martínez and Enrique Rodríguez Burchard stand out for their knowledge and way of interacting with clients. The best qualities to highlight are their empathy, active listening skills, adaptability, availability and respect.

Key clients

Cementos Argos

Minosa

Total Eren

Grupo Don Julio

INHESA

Grupo Deli

Deetken Impact Sustainable Energy

Queiroz Galvão

Provident Bank

International Corpthor (Seajoy)

Work highlights

  • Representing Cementos Argos in a tax dispute worth $8m.
  • Advised Total Eren on tax matters related to the purchase of 100% of the shares in an SPV, and certain assets of a second SPV, set up to hold the rights to a 112.5MW wind farm project located in San Marcos de Colón.
  • Representing Minosa in an administrative appeal before the Ministry of Finance (SEFIN) to overturn the refusal of a tax credit worth over $2m.

Honduras > Dispute resolution Tier 2

Commercial arbitration is a mainstay of the dispute resolution practice at Aguilar Castillo Love, which garners praise from clients for its ‘personalised service‘ and ‘immediate contact‘. The team is well versed in both domestic and cross-border proceedings, with an emphasis on cases in the energy and construction sectors, and also handles the enforcement of arbitral awards. Civil, commercial and administrative litigation are also areas of strength. Honduras managing partner Enrique Rodríguez Burchard, who handles the full spectrum of contentious matters, and Juan José Alcerro Milla, whose broad practice encompasses commercial, tax and IP disputes, lead the team. Carolina Aguirre Larios also plays an increasingly active role in arbitration, particularly advising foreign investors on claims against the state.

Practice head(s):

Enrique Rodríguez Burchard; Juan José Alcerro Milla

Testimonials

The team stands out for its personalised service.

The cases are always analysed from all points of view and the probability of success is considered. The team’s willingness to work with our company is something that we value very much and being able to have that immediate contact is something that is not found very often in the sector.

Enrique Rodríguez Burchard demonstrates willingness, strategic ability, empathy, respect and understanding of the legal framework.

Key clients

Volvo Construction Equipment

Tigo (Millicom)

Banco Lafise

GE Healthcare

Work highlights

  • Continued to act for Volvo Construction Equipment in a long-running case seeking the enforcement of an international arbitral award for a payment owed by a local distributor, which was recognised by the Supreme Court of Honduras.

Central America > Corporate and finance

One of the first law firms to build a region-wide practice, Aguilar Castillo Love has established an extensive platform not only in Central America but also further afield; in addition to its offices in Costa Rica, Guatemala, El Salvador, Honduras, Nicaragua and Panama, the firm now has a presence in Ecuador, Paraguay and, most recently, Bolivia, where it opened branches in Santa Cruz and La Paz in 2022. Thanks to its in-depth experience of advising international clients (and the strong international profiles of many of its lawyers), the firm is well versed in cross-border financial and corporate transactions, including project finance, debt restructurings, bond issuances and M&A. In the Costa Rica offices (located in central San José and Escazú), the key contacts are banking and finance head Marco Solano Gómez and John Aguilar-Quesada, who leads the corporate team. Juan Carlos Castillo Chacón, a market leader in energy-related deals, and up-and-coming partner Natalia Callejas Aquino oversee the Guatemala practice, while Esteban Agüero Guier and Flor De María Cortez, who has significant experience in foreign investments and free trade zone law, are the names to note in El Salvador, where the firm is commended for its fintech expertise. In Honduras, Enrique Rodríguez-Burchard and Juan José Alcerro Milla lead the corporate and finance teams, where the latter brings complementary strengths in antitrust and fintech issues. M&A expert Thelma Carrión Blandón and finance specialist Violeta Núñez head the corporate and banking departments in Nicaragua.

Work highlights

Aguilar Castillo Love has always been at the forefront of legal change and landmark cases. We have consistently redefined what it means to be a leading law firm and continue to provide the highest level of customer service and quality legal advice to a prestigious client base. Our multidisciplinary approach allows us to provide the top-level advice required on market-leading, cross-border transactions and cases, notably including at the intersection of corporate matters and the connected areas of antitrust and competition, finance – including technicalities of financial regulation, compliance, ABC, investigations and corporate crime, and dispute resolution.

Clients expect the best from us. We have built a reputation of providing the highest quality of legal advice as well as the highest level of personalized service. In addition, our reputation for transparency and business integrity through the law sets us apart and continues to attract top talent to the firm.

Our regional offering now comprises offices across Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Paraguay. We regularly handle our clients’ most challenging legal issues requiring “one-country” expertise or comprehensive and unified regional, cross-border knowledge.

In addition to being a multidisciplinary team, the work on which we advise is varied – from regulatory matters, to complex transactional, global deals and key negotiations. Our expertise cuts across multiple industries, ranging from infrastructure, energy and natural resources, to financial industries, technology, telecommunications and media, among others.

We represent a broad range of clients with a particular focus on multinational companies seeking to do business in one or several of the jurisdictions in which we have a presence. We serve clients in all sectors in mergers, acquisitions, joint ventures, splits, spin-offs or any kind of business combination, arrangement or restructuring. True to our commitment to quality, our corporate practice focuses on complex corporate and commercial matters, providing highly personalized service, including partner involvement.

Our business model has proven itself flexible, allowing us to make a number of important moves over the past year, including strengthening our offering across the region with new partner hires, as well as entering the Paraguay market in June 2020. Particularly important areas of growth within the team – owing to a growth in these areas within the Honduran market – include in the system payments and e-wallets/e-money sectors, as well as in healthcare, medical and pharmaceutical, renewable energy, the construction industry and logistic services. Growth, particularly on system payments and e-wallets/e-money has come from development of Fintech and global trends, which increased substantially as a consequence of the Covid-19 pandemic.

This growth during the challenging times brought by the global pandemic reflects the strength in our model and direction as a business. We are no longer a Central American law firm, only, but are the first, home-grown Latin American firm – with offices in Ecuador as well as Paraguay. In addition, we frequently coordinate matters including jurisdictions outside of Central America, including – for example – Mexico and the Caribbean.

Our culture is trust, mutual respect and integrity through the law.

Website: www.aguilarcastillolove.com
Address: Edificio Rofisa II, Colonia Lomas del Guijarro Sur, Calle Barcelona, Bloque C lote 15, Tegucigalpa, Honduras
Phone: +504 2239-0501

Department Name Email Telephone
Office managing partner Enrique Rodríguez Burchard erb@aguilarcastillolove.com
English
Spanish
IBA (International Bar Association)