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Consortium Legal - El Salvador - all

Costa Rica: The involvement of special agents in the Development Banking System (SBD)
Consortium Legal - El Salvador, October 2021
El Salvador

The Development Banking System (SBD) was created in 2008 by Law N ° 8634, reformed in 2014 by Law N ° 9274...

Guatemala: Reforms to the Free Zone Law
Consortium Legal - El Salvador, October 2021
El Salvador

On May 12, 2021, the Congress of the Republic approved 3 amendments to Decree 65-89 regulating the Law of Free Zones in Guatemala through Decree 6-21. In accordance with this amendment, the following was modified in bold type: 1...

Consortium Legal – Guatemala appoints new partner in the Corporate Law practice area
Consortium Legal - El Salvador, October 2021
El Salvador

Consortium Legal – Guatemala, as part of the growth and development it has in each of its areas of practice, announces the appointment of Ms. Ana Sofia Escribá Barnoya, as a partner in the Corporate Law practice area. Sofía has more than 12 years of experience in corporate law, specializing in mergers and acquisitions...

El Salvador: Política reguladora de las deducciones al impuesto por actividad económica en el municipio de Santa Tecla
Consortium Legal - El Salvador, September 2021
El Salvador

El Concejo Municipal de la ciudad de Santa Tecla, emitió el día 31 de agosto de 2021, acuerdo municipal mediante el cual se aprobó la Política para la regulación de las deducciones de los contribuyentes del Impuesto a la Actividad Económica en el municipio de Santa Tecla; dicha política fue publicada en el Diario Oficial número 180, tomo 432, de fecha 22 de septiembre de 2021 y entrará en vigencia

Reforms and new regulations of the Nicaraguan Financial System
Consortium Legal - El Salvador, September 2021
El Salvador

In August of this year certain reforms to the main laws of the Nicaraguan financial system were approved: Law No. 1078 “Law Reforming Law No. 561 General Law of Banks, Non-Banking Financial Institutions and Financial Groups”, Law No. 1079 “Law Reforming Law No. 587 Capital Markets Law” and Law No. 1080 “Law Reforming Law No...

El Salvador: Approval of new minum wages
Consortium Legal - El Salvador, August 2021
El Salvador

We hereby inform that the Executive Branch issued Executive Decrees 9 and 10; the first one increases the minimum wage in the agricultural, fishing, coffee harvesting, sugar cane harvesting, and other agricultural activities sectors and the second one in the commerce, services, industry, textile and garment manufacturing, sugar mills, coffee processing, and other agro-industrial activities sectors

El Salvador: Special and Transitory Provisions for the Suspension of Public or Private Rallies and Events
Consortium Legal - El Salvador, July 2021
El Salvador

LEGISLATIVE DECREE N°90: On July 13th, 2021, the Salvadoran Congress approved and on the same date published on the Salvadoran Official Gazette the “Special and Transitory Provisions for the Suspension of Public or Private Rallies and Events”, because of the identification of new variants of SARS-CoV-2 that increase the viral transmissibility, which can cause severe disease even in people who have

Consortium Legal appoints 3 new partners in Guatemala office
Consortium Legal - El Salvador, July 2021
El Salvador

July 2nd, 2021 As part of the firm’s growth strategy and to continue providing the highest standard of quality legal advice to its clients, Consortium Legal announces the appointment of Elías Arriaza Sáenz as equity partner; the reincorporation of Mario Estuardo Archila Maldonado as equity partner and the hiring of Salvador del Valle Pezzarossi as practice partner, in the Guatemala office...

Costa Rica: The first debate approves the Project to attract Digital Nomads
Consortium Legal - El Salvador, June 2021
El Salvador

Yesterday, legislative file 22.215, Law to Attract International Workers and Remote Service Providers, was approved in first debate. The main purpose of this project is to attract digital nomads to Costa Rica, who will be granted a series of tax benefits...

Consortium Legal es reconocida por su trabajo Pro-Bono en la iniciativa “Familias Unidas”
Consortium Legal - El Salvador, January 2021
El Salvador

En la noche del 19 de enero, se llevó a cabo la ceremonia de premiación de Cyrus R. Vance Center for International Justice, en donde reconocieron iniciativas Pro-Bono que tienen gran impacto en la sociedad. El Vance Center promueve la justicia global, mediante la participación de abogados en todas las jurisdicciones, para apoyar a la sociedad civil y a una profesión legal éticamente activa...

El Salvador: Special Transitional Law to contain the COVID-19 Pandemic
Consortium Legal - El Salvador, January 2021
El Salvador

On January 23rd, 2021, the President of the Salvadoran Congress published this Legislative Decree, which aims to establish provisions for the care, management, and comprehensive control of the COVID-19 pandemic. Legislative Decree 757 comes into force on January 23rd, 2021, and its effects will end after 8 months, until September 22nd, 2021. I...

Consortium Legal ha sido reconocida como “Mejor Firma del Año en Centroamérica”
Consortium Legal - El Salvador, January 2021
El Salvador

Por primera vez en la historia, Chambers Latin America dio a conocer el nombre de los ganadores de los premios a la excelencia 2020, en una ceremonia virtual en la que reconoció la excelencia transaccional de las firmas en América Latina...

Ministry of Finance and Superintendency of the Financial System Execute Agreement to Combat Tax Evasion
Consortium Legal - El Salvador, August 2020
El Salvador

On August 7, 2020, Finance Minister Alejandro Zelaya and the Superintendent of the Financial System, Gustavo Villatoro, signed a Technical Cooperation Agreement, with the aim of improving the exchange of information to combat tax evasion and streamline processes with the use of new technologies, in order to strengthen the Anti-Tax Evasion Plan...

The General Direction of Customs will Implement the Reliable Operator Program to Simplify the Logistics Chain
Consortium Legal - El Salvador, July 2020
El Salvador

The General Directorate of Customs (DGA) will implement the Reliable Operator Program, with the objective of streamlining customs operations by simplifying and improving the use of new technologies, which is expected to bring economic benefits to users as a result of a reduction in the time taken to process customs operations...

Consortium Legal awarded at the Client Choice Awards
Consortium Legal - El Salvador, February 2020
El Salvador

On February 6, 2020, the winners of the 2020 Client Choice Awards were announced. Our Senior Associate, Sofia Escriba, had the honor of participating in the awards ceremony held in London, England. Sofia was recognized for her excellent customer service and the quality of service she provides to her clients. Our partners Álvaro Castellanos and Oscar Samour were also recognized with this award...

Consortium has been Recognized for its Leading Role in Central America by International Tax Review
Consortium Legal - El Salvador, October 2019
El Salvador

We are proud to announce that our regional tax team has been recognized as "Best Firm in Central America" by International Tax Review. The recognition was conferred during ITR Awards Ceremony held the night of Thursday September 19th, 2019. During the ceremony, it was stated that “the winner for “Tax Firm of the year” wins for its strength in delivery for clients across all region”...

Consortium Legal the most recognized law firm at the International Financial Law Review Awards ceremony
Consortium Legal - El Salvador, May 2019
El Salvador

The international legal directory, International Financial Law Review (IFLR) presented Consortium Legal with seven regional awards at its annual gala held in New York City on Thursday, May 16...

Consortium Legal is recognized as a Leading Firm 2019 by Latin Lawyer 250
Consortium Legal - El Salvador, March 2019
El Salvador

As is the case across Central America, Consortium’s San Salvador office is one of the leading firms in the market. Few competitors can boast such a strong banking and finance practice, and the same holds for its corporate and M&A division, which rakes in large amounts of work...

Consortium Advises on Bond Issue
Consortium Legal - El Salvador, March 2017
El Salvador

Legal Consortium - El Salvador advised the Republic of El Salvador acting through the Ministry of Finance in the issuance of bonds for a total amount of US $601,085,000. Consortium was in charge of reviewing compliance with the Purchase Agreement, price list, circular of preliminary and final offer - among other documents - in relation to local laws...

Consortium El Salvador Advised the Joint Venture UDP PROYECTO LA TRINIDAD
Consortium Centro America Abogados - El Salvador, August 2014
El Salvador

Consortium El Salvador advised the joint venture UDP PROYECTO LA TRINIDAD in order to participate in the first and most important International Public Tender for renewable energies developed in El Salvador to this date...

Consortium Centro America Attorneys at Law, El Salvador Office and Dr. Ricardo Cevallos inform his voluntary separation of the Company.
Consortium Centro America Abogados - El Salvador, February 2014
El Salvador

Dr. Cevallos was a founding partner of Delgado & Cevallos Law Firm in the year 1998, and since then has intensely collaborated in its growth and success. In 2005, he actively participated in the Incorporation of Delgado & Cevallos in the regional firm Consortium Centro America Attorneys at Law. All these years Dr. Ricardo Cevallos has intensely collaborated to the success of the organization...

Consortium Centro América Abogados – El Salvador Advises the Structuring of the Largest Securitization in the Public Sector
Consortium Centro America Abogados - El Salvador, May 2013
El Salvador

The offices of Consortium Centro America Abogados in El Salvador advised the Fondo de Conservación Vial (FOVIAL) an autonomous government agency in charge of the construction and maintenance of highways, streets and rural roads, in the structuring of a securitization for US$100,000,000 under the Law of Securitization of Assets...

Consortium Centro América Abogados Advised Corporación Multi-Inversiones in the Acquisition of the 40% of the Operations of Telefonica in Central America
Consortium Centro America Abogados - El Salvador, April 2013
El Salvador

onsortium Centro América Abogados advised the prestigious Guatemalan group Corporación Multi-Inversiones (CMI) in its acquisition of the 40% of the operation of the Spaniard telecoms giant Telefonica in Central America...

Consortium Centro América Abogados – El Salvador Advises Deutsche Bank and Barclays in the Issuance of Senior Guaranteed Notes for US$310,000,000 by the Salvadoran Subsidiaries of AES
Consortium Centro America Abogados - El Salvador, March 2013
El Salvador

CAESS, CLESA, EEDO and DEUSEM, electricity distribution companies in El Salvador, subsidiaries to AES, issued through AES El Salvador Trust II, a trust form under Panamanian law, Senior Guaranteed Notes for US$310,000,000 due March 28, 2023 bearing interest at the rate of 6.75% per year. The Notes were issued under Rule 144A and registered before the Irish Stock Exchange...

Consortiums Offices in El Salvador, Nicaragua, Honduras and Guatemala Advised BP, the World's Leading Lubricant Company, on Antitrust, Consumer Protection and Distribution Law Issues
Consortium Centro America Abogados - El Salvador, February 2013
El Salvador

Consortiums Offices in El Salvador, Nicaragua, Honduras, Guatemala advised BP, the world's leading lubricant company, on Antitrust, Consumer Protection and Distribution law issues, to enter into a strategic alliance to market Castrol automotive lubricants in Central America through its entity Castrol Caribbean and Central America, as a contracting party on a regional distribution agreement with Pu

Consortium Centro América Abogados Advises Grupo Carvajal in Acquisition Process in El Salvador
Consortium Centro America Abogados - El Salvador, January 2013
El Salvador

The El Salvador office of Consortium Centro América Abogados advised Grupo Carvajal, one of the largest corporate groups in Colombia, in the acquisition of the assets and operations of Dipsa, one of the main manufacturers and distributors of packing products in Central America. The transaction, which started in February 2012, was structured as an asset deal through which Carvajal Empaques, S...

Consortium - El Salvador Advised “TETRA TECH” for the Establishment of its Subsidieary in El Salvador
Consortium Centro America Abogados - El Salvador, December 2012
El Salvador

In compliance with the Investment Law, the Ministry of Economy issued Resolution No. 544, which authorizes the registration of foreign capital of the company Tetra Tech Es, Inc., in El Salvador. Consortium Centro America Abogados - El Salvador advised the company during the process. The company Tetra Tech, Inc. has been contracted to execute the USAID Regional Clean Energy Initiative...

Consortium - El Salvador Acted as Local Counsel for Scotiabank, and Advised the Financial Institution for the Granting of Two Facilities in Favor of Hospiteum Corporation
Consortium Centro America Abogados - El Salvador, August 2012
El Salvador

Consortium acted as regional legal advisors (in Guatemala, El Salvador, Honduras and Nicaragua) to Scotiabank El Salvador, S.A. in relation with two credits that were granted to HOTELES E INVERSIONES, S.A. DE C.V. & HOSPITEUM CORPORATION (PRINCESS GROUP) for an amount of US$7,000,000.00 and US$17,000,000...

Consortium Centro America Abogados advised GRUPO UBICA and URBANISA in housing project in El Salvador
Consortium Centro America Abogados - El Salvador, August 2012
El Salvador

Consortium Centro América Abogados – El Salvador advised URBANISA, a subsidiary company of the Guatemalan developer, GRUPO UBICA, in the housing project “LAS LUCES”, which consists in an upper middle class private residential development located in Zaragoza, La Libertad. GRUPO UBICA is dedicated to developing real estate projects in Central America with the highest quality...

Consortium Centro America Abogados advised Oakley in El Salvador
Consortium Centro America Abogados - El Salvador, July 2012
El Salvador

Consortium Centro America Abogados – El Salvador advised the incursion in El Salvador of Oakley, the world recognized apparel brand, through its representatives in Latin America, the Venezuelan Grupo IOCA...

ACQ Global Awards recognizes Consortium as "Central America - Overall Law Firm of the Year"
Consortium Centro America Abogados - El Salvador, June 2012
El Salvador

ACQ, a premier global M&A magazine, has recognized Consortium Centro America Abogados, a leading player in the marketplace, as a winner in the 2012 ACQ Global Awards. "We are delighted by ACQ's recognition of Consortium Centro America Abogados and it further validates our caliber and reputation as a leading provider of services to the industry" said Jose Evanor Taboada, President of the firm...

Consortium - El Salvador receives important recognition from the Commercial Section of the Embassy of the United States of America
Consortium Centro America Abogados - El Salvador, June 2012
El Salvador

Consortium Centro America Abogados - El Salvador office, received yesterday in a special ceremony held by the Commercial Section of the Embassy of the United States of America, an important recognition for their loyalty and preference for five years of participation in their Business Service Providers. This award was presented by Mr. Sean Murphy, Charge d'Affaires, in the company of Mrs...

Consortium advises Truper in the acquisition of Soluciones y Herramientas in El Salvador
Consortium Centro America Abogados - El Salvador, June 2012
El Salvador

Consortium Centro America Abogados – El Salvador advised Truper Herramientas, S.A. de C.V. (Truper), the leading manufacturer, distributor and wholesaler of tools and hardware in Latin America, in the acquisition of the 100% of the shares of Soluciones y Herramientas, S.A. de C.V...

Important Precedent for DR-CAFTA
Consortium Centro America Abogados - El Salvador, June 2012
El Salvador

An ICSID tribunal has thrown the claim filed against El Salvador by PacRim Cayman LLC, a mining company, against El Salvador for over US$70MM under the free trade agreement between the United States of America, the Central American countries and the Dominican Republic “DR-CAFTA’’, but upheld its jurisdiction under a local investment law...

Consortium Centro America Abogados wins important case regarding the nullification of a famous trademark in El Salvador
Consortium Centro America Abogados - El Salvador, June 2012
El Salvador

Consortium Centro América Abogados – El Salvador office counseled GRUPO MONGE (GRUPO M) and its subsidiary in El Salvador, GMG Servicios El Salvador, S.A. de C.V., owner of one of the largest retail stores in El Salvador, during a judicial case regarding the nullification of a famous trademark “El Gallo Mas Gallo”...

Consortium El Salvador obtains TRAC certification from Trace International
Consortium Centro America Abogados - El Salvador, May 2012
El Salvador

Trace International has granted Consortium Centro Am¨¦rica Abogados a unique number of identification (TRAC), being the first law firm in the country to have it...

Consortium Centro America acted as Counsel as Puma Energy Obtains the Authorization from the Antitrust Authorities for the Acquisition of Exxonmobil's Assets in El Salvador
Consortium Centro America Abogados - El Salvador, March 2012
El Salvador

Consortium Centro America Abogados - El Salvador office- acted as counsel of Puma Energy International, a subsidiary of Trafigura Beheer B.V. - one of the world’s largest independent commodity traders – during the concentration process that was finally approved this day by the Superintendence of Competition of El Salvador...

PUMA ENERGY obtains the authorization from the Antitrust authorities for the acquisition of ExxonMobil’s assets in El Salvador
Consortium Centro America Abogados - El Salvador, February 2012
El Salvador

Consortium Centro America Abogados - El Salvador office acted as counsel of Puma Energy International, a subsidiary of Trafigura Beheer B.V. - one of the world’s largest independent commodity traders – during the concentration process that was finally approved this day by the Superintendence of Competition of El Salvador...

Consortium Acted as Counsel to Banco Davivienda for HSBC Buy
Consortium Centro America Abogados - El Salvador, February 2012
El Salvador

Colombian bank Davivienda announced last Tuesday, January 24, its taking over the operation of HSBC in Costa Rica, El Salvador and Honduras for $801 million...

Consortium Centro América Abogados represented Microsoft Corporation in a case regarding the violation of software property rights
Consortium Centro America Abogados - El Salvador, February 2012
El Salvador

Consortium Centro América Abogados – El Salvador office represented Microsoft Corporation in a case regarding the violation of software property rights belonging to Microsoft. The case went to trial and the Judge ruled in the favor of Microsoft. The sentence imposed a two year prison term upon the defendant which was substitutable for community service...

 

 


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