The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Lexincorp

9 AVENIDA 14-78 ZONA 10, GUATEMALA CITY, 01010, GUATEMALA
Tel:
Work +502 2246 3000
Email:
Web:
www.lexincorp.com

Guatemala

Banking and finance
Banking and finance - ranked: tier 2

Lexincorp

The team at Lexincorp is led by Julio Aparicio, Edvin Montoya and Luis Pedro Fuxet, who is particularly known for acting as senior counsel to the board of Banco Industrial subsidiary Westrust Bank. In recent highlights, Aparicio led advice to brewer Grupo Modelo on a $7m loan restructuring; and Montoya advised Ingenio la Unión on an agreement with Citibank and the International Swaps and Derivatives Association regarding the trading of financial derivatives and commodities. In addition, Montoya is assisting Repimex with an ongoing matter relating to a syndicated credit agreement granted by BAM, Mercom Bank and Banco Reformador for the expansion of a port terminal in Puerto Quetzal. The team also acts for a number of clients in the energy and agricultural sectors; a team led by associate Leslie Henry advised Tuncaj, a special-purpose vehicle created to develop five solar farms in Guatemala, on a syndicated loan to assist with the operation of the energy parks. Another ongoing matter involves structuring loans and a warranties scheme relating to the Xolhuitz and Ixtal hydropower plants.

[back to top]

Corporate/M&A
Corporate/M&A - ranked: tier 3

Lexincorp

Lexincorp’s corporate practice is led by Julio Aparicio, who handles clients including the Hard Rock Café and IHOP franchises and longstanding client Sony Interamerican, and also includes acquisitions expert Edvin Montoya and José Andrés Fuxet, who specialises in real estate-related matters. Many of the practice’s key clients are family-owned corporations, including companies from the sugar, palm oil and energy industries. In a recent highlight, the team advised Agricola El Caspirol (another long-term client) on its proposed acquisition of a $30m interest in Fersa, an energy distribution company which won the concession to build energy transmission lines in Guatemala. In conjunction with the firm’s Costa Rican office, the team also assisted Pro Intel Seguros with the drafting and signing of shareholders’ agreements for its corporations in Guatemala and Costa Rica.

[back to top]

Energy and natural resources
Energy and natural resources - ranked: tier 3

Lexincorp

With a focus on the renewable energy industry, Lexincorp is considered ‘extremely knowledgeable in the sector’, and ‘efficient and supportive’. The firm advises on energy regulations and energy projects, including advice on project finance, other financing structures and the creation of trusts, as well as clients’ participation in tenders for PPAs and transmission rights. The team continues to advise subsidiaries of Mexico’s Grupo KIN: assisting Tuncaj with various matters, including disputes, related to the construction and operation of five small solar farms in Guatemala with a total output of around 6MW and which began operations in March 2017; and Xolhuitz in relation to the development of a hydroelectric plant – including structuring the loans and warranties scheme for the project. With ten years’ experience, the ‘very supportive’ Leslie Henry is considered the ‘foremost expert on microgrid law in Central America’; she has particular expertise in energy operations in El Salvador. The practice group’s client portfolio also includes Energia Mesoamericana Sustentable, Development Ventures, and the hydropower plant Ixtal.

[back to top]

Intellectual property
Intellectual property - ranked: tier 1

Lexincorp

With a long track record in IP matters, Lexincorp continues to handle a considerable number of trade mark applications and also handles patent matters and industrial designs. Among other work, the team manages the IP portfolio of Laprin (one of the biggest laboratories in the region); oversees Turner Broadcasting System’s entire regional brand portfolio; and recently requested the cancellation of the trade mark Electrolit (due to lack of usage), on behalf of Laboratorios Pisa. The team is also advising new client and family company Dawn Foods in opposition proceedings against the registration of the brand "Rich Crème" by Mexican company Harinera La Espiga; and Lee Jeong Gab Auction System and Method regarding the registration of a patent (the company is currently in litigation concerning the patentability of the technology and processes). Head of IP litigation, Ovidio Parra, is also litigating to overturn the rejection of a patent filing by Les Laboratoires Servier regarding an Agomelatine anxiety medication. The practice is led by the well regarded Gonzalo Menendez Gonzalez; and Gonzalo Menendez Park, who has particular expertise advising regional companies – particularly those in the pharmaceutical and financial fields, is also highlighted. Other clients include Televisa and Thomson Reuters; due to strong ties with Asian firms, the practice also receives referrals from firm such as Chinese IP boutique CCPIT Patent & Trademark Law Office.

[back to top]


Further information on Lexincorp

Please choose from this list to view details of what we say about Lexincorp in other jurisdictions.

Guatemala

Offices in Guatemala

Honduras

Offices in San Pedro Sula and Tegucigalpa

Costa Rica

Offices in San Jose

Nicaragua

Offices in Managua

El Salvador

Offices in San Salvador

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Consolidated Group (Income Tax) Rules, 2019

    On 31 May 2019, Malta published the “Consolidated Group (Income Tax) Rules". The rules will come into force as from year of assessment 2020 and the rules introduce the concept of fiscal units into Maltese tax law .
  • Renewable energy in Ukraine: green auctions launched

    In the first half of 2019 alone, renewable energy facilities with a capacity of more than 1.5 GW were connected to the Ukrainian grid, with about 96% of those being solar and wind energy facilities. In the whole of 2018, which has been a record-breaking year so far, numbers were almost half as high. The Ukrainian market also remains very attractive to foreign investors, not least because of the lucrative feed-in tariff rates, which are paid out regularly. Now, after the adoption of the so-called law on green auctions, significant changes can be expected.
  • Economic Substance Requirements - Fund Managers

    The International Tax Co-operation (Economic Substance) Law, 2018 (the “ES Law”) came into effect in the Cayman Islands on 1 January 2019, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in the Cayman Islands.
  • Shipping at the spotlight of terrorism

    Is terrorism the new norm for shipping?
  • Adidas three stripe Trademark Revocation

    In a judgment of the General Court of the European Union of the 19th June 2019, Adidas saw their hopes of extending their three stripes trademark dashed, as the court ruled that there was no distinctiveness in the three stripes trademark. Furthermore, the court held that the Adidas had failed to prove that the mark had acquired distinctive character through use throughout the member states of the EU.
  • David against Goliath – Libra vs Central Banks: Who will win?

    Working in the crypto and DLT space is like being on an emotional rollercoaster with feelings which range from curiosity, excitement, euphoria, revelation, shock, disappointment, hope, wonder and determination – did I miss any?
  • UK Telecoms company fined £100K over unsolicited marketing messages

    The Information Commissioner’s Office (‘ICO’) which is the UK’s data protection supervisory authority, recently issued a fine of £100,000 to EE Limited, a telecoms company operating in the UK. The fine was issued in response to EE Limited having sent two and a half million unsolicited direct marketing messages to its customers, back in early 2018. The direct marketing messages were sent without EE Limited having first obtained the required consent to send them to its clients.
  • British Airways and Marriott International Inc. face huge fines from UK data protection authority

    British Airways (‘BA’) may be hit with what will be the highest-ever penalty which the Information Commissioner’s Office (‘ICO’), the UK’s data protection supervisory authority, has handed out.
  • UAE Tax domicile certificate

    Issued by the Ministry of Finance in the United Arab Emirates (‘UAE’), the Tax Domicile Certificate (also referred to as the Tax Residency Certificate) enables eligible government entities, companies and individuals to take advantage of double taxation avoidance agreements on income signed by the UAE.
  • The Cayman Islands Data Protection Law, 2017

    The following information relates to the enactment of The Cayman Islands Data Protection Law, 2017 (" DPL "), which was expected to come into force on 29 January 2019, will now come into force in September 2019. The DPL will regulate the future processing of all personal data in the Cayman Islands.