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Dentons Muñoz

Work +506 2503 9800

Costa Rica

Banking and finance
Banking and finance - ranked: tier 2

Dentons Muñoz

Demonstrating both lender and borrower-side capability, the banking and finance practice at Dentons Muñoz regularly advises local and multinational financial institutions and companies on a range of sector-related matters, such as debt financing, loan agreements and credit facilities with a cross-border component. Recent highlights include advising Central American Bank for Economic Integration (Cabei) and Bankia, as lenders, on the refinancing of the Ruta 27 Toll Road and the associated dual bond offering by Autopistas de Sol. Other work saw the team assist Madryn Health Partners with a $50m debt-and-equity financing granted to high-tech medical device and aesthetics company, Establishment Labs. Led by practice head Daniel Araya, the team also advised IFC on a $75m credit facility granted to Scotiabank Costa Rica. The team’s client roster also includes Banco Ficohsa and Interamerican Investment Corporation (IIC).

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

Dentons Muñoz

Primarily advising on cross-border transactions, day-to-day corporate matters and issues related to Costa Rica’s free trade zone regime, the ‘outstanding’ department at Dentons Muñoz is recommended for its ‘quick responses and deep business acumen’. ‘Standout lawyerDaniel Araya heads the practice and is noted for his ‘deep knowledge of law, not only in his area of expertise but on a broad level’; ‘smart and practical’ associate Diana Smith Calvo is also well-regarded. In one recent highlight, the team led advice to Agricenter Group on the commercial and tax aspects on its acquisition by American Vanguard subsidiary Amvac across seven Central American countries. Other work includes assisting Merck Sharp & Dohme (MSD) with the set-up and approval of free trade zone benefits for its financial services center in Costa Rica. Bayer, Infosys and Yara International are also clients of the firm.

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Dispute resolution
Dispute resolution - ranked: tier 1

Dentons Muñoz

The dispute resolution practice at Dentons Muñoz stands out for its ‘good results, strong teamwork and excellent knowledge’. The team handles litigious and arbitral disputes across a variety of industries and has been particularly active in the banking, construction, oil and gas, technology and telecoms sectors. Another key strength of the department is its expertise in contentious environmental and antitrust matters. Criminal law, compliance and anti-corruption expert Carolina Muñoz heads the practice alongside Roy Herrera, who is noted for his ‘extensive knowledge and experience’. The firm’s client base includes domestic and regional heavyweights, as well as high-profile multinational companies.

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Intellectual property
Intellectual property - ranked: tier 2

Dentons Muñoz

Dentons Muñoz’ IP practice is led by senior associate Monserrat Guitart and handles patent and trade mark strategy-development and registration, as well as contentious IP and data privacy matters. Recent work saw the team advise a tequila producer on its trade mark strategy as part of its entry into Central American markets, as well as the registration of a 3D trade mark. Other work includes the successful defence of a corn flour and products manufacturer against a trade mark opposition filed by direct competitors. Another key feature of the practice is its expertise in plant variety registration, as evidenced by its recent advice to a pineapple merchandising and developing company on related matters. Litigation practice head Roy Herrera, who is frequently involved in contentious IP matters, also deserves mention.

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Labour and employment
Labour and employment - ranked: tier 2

Dentons Muñoz

Dentons Muñoz’ labour and employment practice undertakes both contentious and non-contentious work, such as immigration applications, collective dismissals, labour litigation, internal audits and day-to-day labour law advice. The team is led by Anna Karina Jiménez who recently led advice to hospitality and real estate company Pinilla regarding dismissal processes and labour litigation arising from claims brought by independent contractors, as well as claims related to allegedly unpaid overtime. In another notable highlight, the practice assisted Chiltern with the labour aspects of setting up its operations in Costa Rica, including preventive advice on the terms of hiring. Other clients include VMWare, doTerra and GlaxoSmithKline (GSK).

Leading lawyers

Anna Karina Jiménez - Dentons Muñoz

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Real estate
Real estate - ranked: tier 2

Dentons Muñoz

The real estate department at Dentons Muñoz is led by the ‘excellent’ Eduardo Zúñiga, who has ‘good overall knowledge of legal matters and is specialised in real estate’. In addition to transactional, contractual and real estate-associated regulatory matters, the three-partner team also advises on environmental issues, lease agreements and the obtaining of permits and licenses. Recent highlights include assisting longstanding client GMO Renewables with the $3.96m acquisition of 38 properties from a German group. In other work, the team advised real estate venture Viridi on the negotiation of a purchase contract for a hotel (and associated due diligence), as well as on the establishment of a corporate structure for future acquisitions. Showcasing the firm’s expertise in environmental matters, the team assisted the officials of the municipality of San José, the country’s environmental authority, Secretaría Técnica Nacional Ambiental (SETENA) and Fundación Rutas Naturbanas with the identification of all land owners holding a property close to the Torres River, in order to negotiate rights of way to create a sustainable mobility pathway. Other practice clients include Latam Logistics and Fundación Rutas Naturbanas.

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Tax - ranked: tier 2

Dentons Muñoz

The ‘outstandingDentons Muñoz fields a ‘very knowledgeable and experienced’ tax practice that is ‘very active in providing competitive services of high quality and at impressive speed’. The department advises on tax litigation, compliance, and customs and tax issues related to the country’s free trade zone regime. Practice head and ‘standout tax lawyerDaniel Arayahas deep knowledge in law (and not only in his area of expertise)’, and associate Sylvia Montero is highlighted for her ‘expert recommendations and innovative approach’. Recent notable work includes advising FCC Construcción on the quantification and certification of tax credits and related proceedings before the tax authorities; assisting People in Need with tax compliance matters; and advising WNS, a beneficiary of the free zone regime, on related tax matters.

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Legal Developments by:

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