name

Diego Martin

Partner
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Consortium Legal - El Salvador

Antiguo Cuscatlán, El Salvador
    Local Time: Monday 06:25

Practice Expertise

  • Corporate Law
  • Tax Law
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Areas of Practice

  • Corporate Law
  • Tax Law
  • Banking
  • Financial Law
  • Insurance
  • Trade
  • View More

WSG Practice Industries

WSG Leadership

  • Tax Group - Group Leader
  • DealMaker Group - Member
  • Antitrust Group - Member
  • Aviation Group - Member
  • Banking & Finance Group - Member
  • Emerging Leaders Group - Member
  • Employment and Labor Group - Member
  • Energy Group - Member
  • ESG - Environmental, Social & Governance Group - Member
  • Insurance/Re-Insurance Group - Member
  • Mergers & Acquisitions Group - Member
  • Private Client Group - Member
  • Private Equity Group - Member
  • Trade and Investment Group - Member
  • WSG Coronavirus Task Force Group - Member
  • View More

Profile

Diego is partner at Consortium Legal – El Salvador. With more than 15 years of experience in the sectors of tax, insurance, infraestructure and technology; he has experience in insurance law, foreign investment and international trade, customs law, tax and corporate law. He has an extensive experience as a legal advisor to recognized companies, both local and international; he has been a local consultant for national and international public organizations, including the World Bank.

During his career, he has participated as a leading local lawyer in the process of negotiating and acquiring the hotel shares previously operated by the Hilton Franchise by Grupo Español Barceló Hotels & Resorts and in the acquisition of the Maxiefectivo/GuatePrenda group by Ezcorp.

He has also advised various clients in tax and customs litigation at administrative and judicial levels. Recently, he led the defense of an administrative process of verification of origin under CAFTA, against the granza rice importer industry, having achieved the recognition of origin by the General Customs Office and the closure of the case, and avoiding the application of duties, taxes and fines over the amount of approximately 15 million USD.

He has been a professor of Law, specializing in corporate and tax obligations. He is the author of different articles, in directories and legal magazines such as Law Business Research, the International Financial Law Review, El Economista, Derecho y Negocios, GBM Magazine and Thomson Reuters, among others.

Bar Admissions
Supreme Court of Justice - El Salvador

Education
Authorized by the Supreme Court of Justice (CSJ) of El Salvador
S.J.D. (Doctor of Juridical Science), Private Law, Universidad Autónoma de Barcelona.
LLM, Private Law, Universidad Autónoma de Barcelona
LLB, Dr. José Matí­as Delgado University, with honors.
Advanced Studies Diploma (DEA), Universidad Autónoma de Barcelona.
Higher Specialized Education Diploma (DESE), Universidad Autonoma de Barcelona.
Legal English Diploma, Pontificia Universidad Javeriana de Colombia.

Areas of Practice

  • Corporate Law
  • Tax Law
  • Banking
  • Financial Law
  • Insurance
  • Trade

Professional Career

Significant Accomplishments
- Leading Counsel and coordinator for Central America to MAPFRE in the Due Diligence Process and Merger Process of the multinational insurance company with GRUPO MUNDIAL. This transaction represented a US$211 million insurance merger, in which MAPFRE acquired 57 per cent of the shares of Aseguradora Mundial and Mundial Desarrollo de Negocio, subsidiaries from Grupo Mundial, creating the largest insurance group in the Central American region.

- Counsel to SHELL in the selling process and obtaining of governmental approvals to sell its supply, distribution and marketing businesses in Central America to the Honduran conglomerate Grupo Terra.

- Leading Counsel to Grupo PROMERICA as lender in a syndicated loan granted to TACA INTERNATIONAL AIRLINES and Co-Borrowers for a total amount of US$100 million destined to finance a restructuration of its short term debt and its operations.

- Counsel to the Savings & Loan entity, Apoyo Integral, to obtain government authorization to operate in El Salvador.

- Counsel to multinational company, Saongroup.com in the acquisition of the portal of online recruitment Tecoloco.com. This transaction was the first acquisition of a DOT COM in the region.

- Counsel to Credit Suisse, Sydney Branch's for the negotiation and preparation of local security documents in the amount of $10,125,000.00 in relation to a facility agreement granted to a multinational company from New Zealand.


Professional Associations
    CASALMEXBRITCHAMCAMACOESAMCHAM

Professional Activities and Experience
- Former Legal Director of MAPFRE Asistencia, the assistance and reinsurance company of MAPFRE Group in El Salvador, with significant experience in Insurance Law.
- Law professor at Dr. José Matí­as Delgado University.
- Law professor at Central American University (UCA) in the Program of Master in Finance, in the subject Corporate and Tax obligations.

Articles

Additional Articles- Author of: "El Rí©gimen Jurí­dico del Contrato de Seguro en El Salvador" (The legal regime of the insurance contract in El Salvador), 2009.
- Author of: "La reticencia, la agravacií³n del riesgo y la reticencia en el contrato de seguro bajo la legislacií³n salvadoreña" (Reticence, False Declaration and Aggravation of Risk in the Insurance Contract under Salvadoran Legislation), 2011.
- Author of articles:
"Benefits and fiscal incentives of the international services law" -May 2010 - International Financial Law Review.
"The merger of companies and tax effects in El Salvador" - June 2010 - International Financial Law Review.
"Employer substitution in El Salvador and its effects" -September 2010 "“Business Magazine-AmCham.
"Taxation in El Salvador" -January 2011 -Global Business Magazine.
"Legal analysis of the international services law" -May 2011 - El Economista Magazine.

- Author of El Salvador"™s Chapter -The Employment Law Review - Second Edition, 2011 -Law Business Research

Blogs

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