Lexincorp > Guatemala, Guatemala > Firm Profile

9 AVENIDA 14-78 ZONA 10

Guatemala > Real estate Tier 1

Lexincorp houses a full-service real estate practice that is particularly well known for its strength in project finance and tax planning, drawing on the support of the firm’s experienced teams in these areas. Counting major domestic real estate developers among its clients, the department focuses on the construction of high-end commercial and residential properties, assisting with the acquisition of land, obtaining government permits, drafting construction agreements and the structuring of corporate regimes for the sale of the finished units. Practice head José Andrés Fuxet has wide-ranging experience in real estate matters; in addition to advising on project development, he frequently assists with the creation of condominium and horizontal property regimes.

Guatemala > Banking and finance Tier 3

With an extensive network of offices in Central America to draw on for support, Lexincorp‘s banking and finance team has significant experience in regional transactions, where it is skilled in acting on both the lender and borrower sides. Its wide-ranging practice spans national and international syndicated loans, the establishment of trusts, refinancings, debt recovery, and regulatory and fintech matters. Julio Aparicio, who is also sought after for his expertise in M&A in the banking sector, leads the team in conjunction with Gonzalo Menéndez González.

Practice head(s):

Julio Aparicio


The team has great technical, specialised knowledge. Very strong client service and follow up.

Legal knowledge, contacts and client service.

Key clients

North International Bank (NIBank)

Petszer International

Kumon Instituto de Educación


Miyoshi and Associates Law Firm


Atradius Collections

Peppertree Capital Management

Banco Industrial

Work highlights

  • Advising NIBank on the legal implications of issuing credit cards, debit cards and prepaid cards in Guatemala.
  • Advising Banco Industrial El Salvador on the extension of two lines of credit for its client in El Salvador, guaranteed by a company in Guatemala.
  • Advising Soluciones Crediticias on factoring, leasing and private capital matters.

Guatemala > Corporate and M&A Tier 3

Lexincorp‘s corporate practice focuses on M&A, corporate planning and corporate governance, where it has strengths in advising multinationals setting up operations in Guatemala. The firm’s regional presence and membership of the global Multilaw network are also assets for international clients. The practice is led by corporate and IP specialist Gonzalo Menéndez González in conjunction with the experienced Julio Aparicio, whose broad expertise includes a niche in assisting with franchise contracts for restaurants in Central America and the Dominican Republic.

Central America > Corporate and finance

Originally founded 20 years ago by partners in Guatemala and El Salvador, Lexincorp has built a strong presence in Central America, with further offices in Honduras, Nicaragua and Costa Rica. Counting a host of leading international and regional banks, financial institutions and corporations among its clients, the firm routinely advises on multi-jurisdictional M&A, syndicated loans and refinancings, with a growing offering in the fintech space. In El Salvador, Antonio Guirola, a specialist in international transactions; Adriana Portillo, who also handles related tax and competition issues; and Enrique Escobar, a standout name in the energy and financial fields, are the key figures. Roberto Rodríguez, who has a notable track record in advising international clients in the banking sector, takes the lead on corporate and finance matters in Nicaragua, while Julio Aparicio, who has a niche in advising restaurant clients on franchising agreements in Central America, is the go-to contact in Guatemala. Engels Zelaya, a specialist in the energy and public sectors, heads the corporate team in Honduras, where the firm has offices in Tegucigalpa and San Pedro Sula.

Work highlights

A leading Central American law firm with five offices located in the major cities throughout the region, Lexincorp specializes in providing legal advice to its domestic and international clientele. The firm’s regional practice has evolved to integrate processes, services, knowledge, business, values and solutions to provide the highest quality results, operating as a single, fully integrated Central American firm, rather than separate firms with international networking.

Although each of the firm’s five offices serves its jurisdiction, Lexincorp’s integration offers all of its clients, in any country, the ability to access all the resources of the regional offices and lawyers to the extent their matters require. The firm’s clients include domestic and multinational corporations and international financial institutions.

With over 50 lawyers spread across the Central American region, Lexincorp offers high levels of excellence and expertise in all of its practices and specialties, which has awarded the firm with rankings as a leading and recommended firm by Chambers & Partners, IFLR 1000 and Latin Lawyer.

Main areas of practice
Corporate, mergers and acquisitions: due diligence of all towers located in El Salvador purchased by Peppertree Capital Management Inc. Led the merger of Matallana SA and Laboramos SA, consolidating the operation in Guatemala of these subsidiaries of Colombia’s leading company in the paper industry, and was involved in Dispapeles SA’s assistance to SunEdison in the acquisition of two solar energy projects in Honduras – these projects were the first renewable solar energy plants in the country.

Financial and banking: counseled Balboa Bank and Trust on securing a loan for US$1.5m as working capital of the Entre Rios energy company in Guatemala. Legal counsel for Banco Industrial and Westrust Bank (International) Limited on the structuring of a loan for the construction of a mall in Costa Rica. Assistance for Banco General in Costa Rica on the structuring of a loan for the opening of a new department store of the Central American trademark SIMAN.

Intellectual property: negotiations between Millicom International Cellular SA and Telemovil El Salvador, for the registration of well-known trademark TIGO and its different variations in El Salvador. Legal managers of the trademark portfolio of Samsung Gear Blink and its official advisors in El Salvador. Samsung, according to Forbes, is in the top ten most famous trademarks in the world.

Real estate and property: legal counsel for Grupo Apolo on a real estate project of apartments in Guatemala. Assistance of a local client in Costa Rica on the purchase of 104 properties of plantations (teak trees) from another Costa Rican corporation. Lexincorp served as the firm in charge of performing the corresponding public deed to be submitted before the National Registry for the registration of the properties under the name of the client.

Tax: Lexincorp Honduras obtained a first instance court ruling in which the closure of duty free stores by the executive director of revenue was declared illegal. This statement allowed the client to claim damages in the order. It was the only contributor to get a favorable judgment.

Arbitration: Lexincorp El Salvador represented a client in an executive judgment derived from an assignment of receivables, in which the judge resolved in favor of the counterparty. This decision was appealed and the judge resolved in favor of the client. Representation of Intermoda El Salvador in an administrative litigation lawsuit against the National Registration Center for refusing the registration of the trademark Pepe Jeans P. Representation of L’oreal Guatemala in El Salvador, in an administrative litigation lawsuit against the General Directorate of Customs, which did not recognize certificates of origin in importing goods from the client and imposed fines of 300%.

Department Name Email Telephone
Senior partners Gonzalo Menéndez Park (Guatemala)
Senior partners Enrique Rodolfo Escobar López (El Salvador)
Senior partners Arnoldo André-Tinoco (Costa Rica)
Senior partners Fernando Midence-Mantilla (Nicaragua)
Senior partners Benito Zelaya (Honduras)
Corporate, mergers and acquisitions Enrique Escobar López
Corporate, mergers and acquisitions Arnoldo André-Tinoco
Tax Enrique Escobar López
Tax Gonzalo Menéndez Park
Real estate Arnoldo André-Tinoco
Real estate José Andrés Fuxet
Intellectual property Gonzalo Menéndez Gonzalez
Intellectual property Camila Escobar
Environmental Engels Zelaya
Litigation, arbitration and ADR Alonso Vargas
Litigation, arbitration and ADR Benito Zelaya
Administrative Claudia Vivas
Energy Leslie Henry
Transport and maritime Sylvia Nadesda Zelaya
Other fee-earners : 55
Partners : 11