Central America Teams 2017 – GC Powerlist

Central America Teams 2017

3M Central America

| 3M Central America

Industrials and real estate

3M’s highly significant global operations account for around $30bn in revenue and provide employment for over 90,000 people globally on the back of a highly diversified operation. The company’s revenue...

#GCPowerlist Central America Teams 2017

adidas Latin America

| adidas Latin America

Consumer Products

The Panama based legal function of the world-leading sportswear manufacturer Adidas provides commercial legal advice across Panama, the rest of Central America, the Caribbean, Colombia, Ecuador and Venezuela. Working in...

#GCPowerlist Central America Teams 2017

AES Dominicana

| AES Dominicana

Energy and utilities

US headquartered AES Corporation is a Fortune 200 company that generates and distributes electrical power, and supporting its AES Dominicana subsidiary is a high quality legal team led by general...

#GCPowerlist Central America Teams 2017

AES Panamá

| AES Panamá

Energy and utilities

The AES Corporation is a US Fortune 200 company that generates and distributes electrical power operates in Panama through AES Panamá, which operates and manages the hydroelectric plants in the...

#GCPowerlist Central America Teams 2017

Air Panama

| Air Panama

Transport and infrastructure

The second-largest airline in Panama, Air Panama serves a number of primarily regional destinations with a total fleet around 20 aircraft at any one time. Alongside routes within Panama, the...

#GCPowerlist Central America Teams 2017

Editor Message

The economy of the Central America region started the decade as the eleventh largest in Latin America, with nominal GDP reaching a figure of $204bn in 2010 and remaining steady in the years since. The region mainly reaps the benefits of strong agriculture and tourism sectors, although the industrial sector is also a robust area of growth even in spite of the global financial crisis that has enveloped most world economies.

Within the seven countries of Central America, it is necessary to point out that there exists significant economic disparity. Nicaragua is considered to be the least developed of the seven countries, with the lowest minimum wage in Central America and regularly receiving financial assistance from the international community. In contrast, Panama and Costa Rica are more developed and can boast high economic growth due to strong international business relationships. Costa Rica is also considered one of the most developed of the Central American countries because it enjoys the best indicators for life expectancy at birth, adult literacy and infant mortality and as such, provides a more stable home for investment and enterprise.

The Dominican Republic is considered an important socio-commercial location within Central America owing to the close trade links it shares with regional and global superpower the United States. The Dominican tourism sector however – the most promising area in the economy – may see a drop in activity as a result of Hurricane Irma, which could cause a downgrade to the outlook of the region’s second-fastest growing economy.

Despite these challenges, Central American countries are blessed with natural agricultural resources and possess desirable produce for trade, and in these terms, all countries are expected to continue an upward trajectory in the coming years.

The legal teams contained within these pages, and on The Legal 500 website all possess excellent legal knowledge as a matter of course – they are all technically gifted and highly trained but this is not necessarily what sets them apart. Rather, it is their ability to utilise their legal knowledge strategically alongside keen business insight to make a positive impact towards their organisation’s success that place them among the top in-house legal counsel in the region.

I would like to express my personal thanks to our sponsors for supporting this publication, Arias, Mayora & Mayora, Pellerano & Herrera and Aguilar Castillo Love. A special mention must also be made for in-house lawyers that took time to speak to us throughout the process, and for the research team that worked on this GC Powerlist publication.

David Burgess

Publishing Director


Editor |

Sponsor Message


Arias logo

One of the largest and most respected law firms in Central America, Arias has 75 years of experience providing accurate and timely solutions based on clients’ goals, a great team of professionals, award-winning client service and unparalleled innovation to the region’s legal market.

It has been named Law Firm of the Year by Chambers Global, Chambers Latin America, International Financial Law Review and the International Tax Review. It is considered as one of the pioneering law firms for its high participation in diversity, gender fairness – where 57% of its lawyers are women, and ethnic equality in the legal profession.

The firm has outstanding lawyers, with extensive experience in nearly all branches of law, and many of them with Masters and Ph.D. degrees in law, from US and European universities.

Arias is a full-service law firm able to provide advice in over 30 practice areas; among the most relevant are:

Arbitration and litigation: advises companies facing litigation of various types before administrative or judicial forums. This includes out-of-court settlements, alternative mechanisms for dispute resolutions and skillful litigation. The team also has a vast experience in international and local arbitration.

Antitrust: advises in concentrations, competition-related litigation, clearance, cartel investigation and litigation, compliance, counselling and training programmes, antitrust disputes, commercial disputes and judicial reviews, among others.

Banking and finance: structuring finance projects with multilateral financial institutions, local and foreign banks, counselling financial institutions, and multinational companies in financial transactions.

Corporate and commercial: start-up projects, establishment of operations, corporate governance, due diligence, contracts,
corporate immigration, and day-to-day legal needs.

Intellectual property: trademark registration, patents, oppositions, and all matters related to intellectual property protection.

Labour law: drafting and execution of labour contracts, internal labour regulations, registrations with employment authorities, changes in employment terms and conditions, terminations, labour controversies and negotiations of out-of-court settlements, labour dispute mediation, litigation of employment-related matters, and corporate immigration.

Mergers and acquisitions: negotiations and closings in selling and acquiring companies, joint ventures, acquisition of minority and controlling interest, businesses due diligence process, and identifying legal contingencies.

Tax planning and litigation: tax structuring, tax planning, tax litigation, transfer pricing, free trade zones and fiscal grounds, municipal taxes, customs, among others related.

Regulatory: with extensive knowledge of local regulations, the team provides regulatory advice in consumer protection, data protection and privacy, energy, environment, finance matters, telecommunications, media and technology, chemicals, pharmaceuticals, among others.

Energy: advice on the successful development of energy generation projects, from the initial investment phase to the beginning of their operations, as well as in the distribution sector and electricity market. Arias has experience in public tenders, regulatory compliance issues before different public entities, power purchase agreements, supply and other agreements necessary to enable the participation in the energy market.

Other practice areas include: administrative law, aviation, compliance, anti-money laundering and anti-corruption, franchising, government procurement, international trade, foreign investments, insurance and reinsurance, oil and gas, project and infrastructure finance, public private partnerships, real estate, among others.

With a legal team of 36 partners and more than 130 lawyers through their seven offices across all Central American countries, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama, Arias reaffirms its commitment to continue serving clients with a strategic vision, generating value that allows clients to reach and surpass their objectives. Helping them in a unique approach, by having all their regional legal matters tendered by a single contact. They are truly, integral partners who clients can trust.

The firm has coordinated some of the largest multijurisdictional transactions crossing Latin America; it is the go-to firm for international corporations doing business in the region. The firm has grown and achieved innovation over the years in order to offer personalised, preventive, and strategic legal services to the business and the needs of its clients, with reliable and accurate legal solutions.

Arias’ heritage, passion for law, and commitment to quality allows them to grow along with the region and overcome new challenges in each country where they operate.

Aguilar Castillo Love

Aguilar Castillo Love logo

Pellerano & Herrera Attorneys at Law

Pellerano & Herrera Attorneys at Law logo

Mayora & Mayora S.C. Abogados

Mayora & Mayora S.C. Abogados logo