Guatemala - Corporate/M&A Lawyers & Law Firms - Latin America - Chambers and Partners
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Latin-America Guide

Corporate/M&A — Guatemala


Arias - Corporate/M&A Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Regional heavyweight boasting stellar capabilities advising on high-value transactions across the Central American region. Frequently acts as counsel for top local and multinational names drawn from the insurance, manufacturing and telecommunications industries on acquisitions and joint ventures, including the due diligence and regulatory aspects of deals. Also deeply experienced in assisting overseas companies with establishing their operations in Guatemala.

Strengths The team garners strong praise from clients, who explain: "The work carried out by the lawyers at Arias is done to an extremely high standard and with great precision, which allows clients to trust that all their cases are handled properly."

Another interviewee comments "The firm and its lawyers are very experienced, responsive and co-operative."

Work highlights Advised EZCorp on acquiring a major local pawn shop and consumer loans chain for approximately USD55 million.

Notable practitioners

Head of department Jorge Luis Arenales de la Roca is acclaimed by peers and clients for his outstanding expertise in corporate matters. One client considers that "he is one of the best lawyers in the country," while another notes that "he is very punctual, responsive and does very high-quality work." He plays a central role in the firm's corporate practice, advising agricultural, insurance and chemical companies on all aspects relating to M&A.

Partner Luis Pedro Del Valle is well regarded by peers and clients for his focus on corporate mandates, with clients describing him as "an excellent lawyer whose answers to legal queries and client service demonstrate his professionalism." Peers highlight his "great experience and track record in this sphere."

About the Team (content provided by Arias)

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.

Arias is a full-service law firm able to provide advice in over 30 practice areas; with a legal team of 32 Partners and more than 130 lawyers through their 7 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 personalized, 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.

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Carrillo y Asociados - Corporate/M&A Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Highly esteemed full-service firm retaining its position as a leader in the corporate sphere, enjoying long-standing activity in the Guatemalan market. Acts for a distinguished client roster featuring key names in the telecommunications, energy and food and beverage industries. Possesses ample experience in both acquisitions and corporate restructurings. Provides a multidisciplinary service by working in tandem with its leading practices in finance and tax.

Strengths The firm receives abundant praise from clients, who say: "They are a firm with great experience in many areas, and are one of the strongest in corporate matters in Guatemala."

Another source goes on to report that "they offer high-quality legal services and maintain extremely high standards in all areas."

Work highlights Acted as local counsel in Guatemala for I Squared Capital on its acquisition of Duke Energy's assets in Latin America. The total value of the assets acquired throughout the region was USD1.2 billion.

Notable practitioners

Managing partner and eminent practitioner Alfonso Carrillo is widely revered by peers in the field, who deem him ''a leader in the market" and ''a very recognised name." He supplements his practice with his vast expertise in tax and banking law, as well as securities issues.

Head of department Rodolfo Alegría Toruño receives praise from sources, who enthuse: "He is able to provide helpful expertise to guide the client through complicated M&A deals with many moving parts. We are very pleased with his service." He recently acted as lead partner advising I Squared Capital on the local law aspects of acquiring Duke Energy's assets in Latin America for USD1.2 billion.

Key partner Rodrigo Callejas Aquino has strong capabilities in a variety of corporate mandates, such as advising notable clients from the telecommunications, food and beverage and energy sectors on cross-border acquisitions and corporate restructurings. He is also active in the banking and finance space.

Francisco Chavez Bosque is recognised by peers for his "substantial seniority" and is experienced in advising a number of companies on corporate issues. He also has an established disputes practice, where he is active in both arbitration and litigation.

About the Team (content provided by Carrillo y Asociados)

Department profile not yet provided by Carrillo y Asociados. Please see their firm profile.

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Consortium Legal - Corporate/M&A Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Regional powerhouse occupying a front-running position in the corporate field in Guatemala. Frequently sought out by notable companies in the retail and financial services sectors for advice on matters spanning the full spectrum of corporate work, including complex cross-border mergers, acquisitions and corporate restructurings, as well as capital increases. Admired for its solid regional network of offices.

Strengths The firm attracts praise from clients, who say: "The firm is a team of well-versed lawyers with specialists in various areas. They are able to handle several matters at once and you still feel that they are on top of things as their responses remain quick and accurate."

Another source enthuses: "The partners provide a highly personalised service."

Work highlights Acted as local counsel to American International Group on the sale of its operations in Guatemala, Honduras, El Salvador and Panama to Assa Seguros Panamá.

Notable practitioners

Founding partner Alfredo Rodríguez is admired by clients, who particularly value "his brilliant mind and customer service," as well as his experience. Sources also appreciate that "he is very humble but supremely capable," and enthuse that "there are very few lawyers like him in Guatemala." His recent work includes advising notable clients on capital increases and he remains active across the real estate, banking and tax practice areas.

Department co-head Álvaro Rodrigo Castellanos Howell is respected in the corporate arena by clients and peers alike, who deem him to be "a spectacular lawyer" and go on to highlight that "he really knows what he's doing, shows great legal judgement and is highly respected in Guatemala." He remains active in the firm's corporate matters, frequently advising key players from the Guatemalan financial and retail industries on mergers and acquisitions.

Noted partner Rafael Alvarado Riedel is recognised by peers for his high degree of involvement in several of the firm's most complex mergers and acquisitions, advising important insurance and technology clients. He recently acted for AIG on the sale of its regional operations to ASSA.

About the Team (content provided by Consortium Legal)

Our Corporate Law department is best known for its team capacity, commitment, ethics, quickly response to clients and accuracy on the businesses handled.

We have solved several of corporate problems for the variety of our clients, which includes well-known financial institutions, pharmaceutical, real estate and energy sectors, national and international corporations, among others.

Our Corporate Department is focused on rendering exceptional services by providing a thorough analysis, applying the law to the specific cases, fitting our clients’ needs.

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Mayora & Mayora, S.C. - Corporate/M&A Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Leading practice in the Guatemalan corporate field retained by an extensive client portfolio composed of prominent clients from the energy, pharmaceutical and technology industries. Offers broad coverage of a large variety of corporate mandates, spanning multi-jurisdictional mergers and acquisitions, joint ventures, corporate restructurings and ongoing general corporate advice. Supported by the firm's respected practices in the finance, IP and tax practice areas.

Strengths The firm comes recommended by clients, who note: "They are very meticulous and thorough in what they do, considering even the smallest details."

Another interviewee adds: "The service provided by the firm is very professional and their response times are great."

Work highlights Advised the Bolsa de Valores Nacional de Guatemala on corporate matters.

Notable practitioners

Star individual Eduardo Mayora is deemed to be the market leader in the corporate arena in Guatemala, commanding unanimous praise from peers. He remains deeply involved in the firm's most complex matters including mergers, acquisitions and corporate restructurings. His expertise also extends to transactional matters arising in other disciplines, such as the tax aspects of deals and legal issues affecting corporate finance. Clients are impressed by his "formal yet flexible style."

Clients value partner Rafael Briz's professionalism. He specialises in the matters arising at the intersection of the corporate and energy and natural resources practice areas, frequently handling complex restructurings and cross-border transactions for large companies from the power sector in Guatemala.

Department co-head Claudia Pereira is seen as "highly competent" by interviewees. She is highly experienced in the full range of corporate mandates, assisting notable pharmaceutical, energy and transport companies with high-profile M&A deals and corporate restructurings, as well as day-to-day corporate matters.

About the Team (content provided by Mayora & Mayora, S.C.)

The firm deals with all aspects of general corporate law, including international contracts and transactions, corporate restructurings, as well as mergers and acquisitions. 

The firm has a client-centric approach and believes in assigning specialists to each case so that the client receives the best solution possible.

In this practice area, our firm specializes in:

  • Mergers & Acquisitions
  • Corporate restructurings
  • Corporate regulation
  • Corporate responsibility
  • Preparation of corporate documents and handling of corporate governance (Shareholders Meeting Minutes, Public Deeds to Increase Capital, Modification of By-laws)
  • Corporate contracts

Corporate law is at the heart of our firm and an area of law that we are renowned for regionally. 

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QIL+4 ABOGADOS - Corporate/M&A Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Revered practice boasting an impressive track record handling corporate mandates in the Guatemalan market. Remains involved in a varied caseload demanding extensive capabilities in high-value cross-border acquisitions, corporate governance, and the design of shareholder structures. Regularly acts as lead counsel to an array of noteworthy clients hailing from the finance, telecommunications and real estate sectors.

Strengths The firm receives enthusiastic praise from clients, who enthuse: "They're very detail-oriented and are involved with significant companies across the region. They focus on client service and are really reliable lawyers; they're among the best in the country."

Another source adds: "They maintain excellent client relations and I would describe them as friendly and highly reliable. I also value their technical capabilities."

Notable practitioners

Department co-head Marcos Ibargüen stands out in the corporate arena, impressing clients and peers alike with the breadth and depth of his knowledge. One client notes: "He instils a lot of confidence in me as he is very knowledgeable, highly experienced and prudent in his legal opinions. He understands the ambit in which my business operates." Another source goes on to report that "he is an extremely rigorous and reliable lawyer." He also maintains a recognised presence in the banking and finance arena.

Acclaimed partner José Quiñones maintains a varied practice comprising corporate, tax and litigation matters. He is admired for his skill and involvement in corporate issues, with clients highlighting ''his high degree of knowledge and experience" in handling such cases. He is a frequent adviser to large companies on M&A deals, garnering strong praise from clients for "always being at the forefront of legal issues."

Department co-head María Isabel Luján continues to impress clients, who refer to her as "a very good and very able lawyer." Her areas of focus include advising large energy and retail companies on M&A transactions, joint ventures and strategic alliances.

Peers regard partner Gabriela Roca as "a well-known point of reference in the market." They also commend her for her impressive capabilities in leading corporate matters arising in several sectors, particularly energy and natural resources.

About the Team (content provided by QIL+4 ABOGADOS)

Mergers & Acquisitions:

QIL+4 Abogados´ attorneys are highly recognized on a widespread range of M&A matters, including regulated services and industries.

Our top-ranked M&A team supports clients locally and internationally implementing taylor-made legal structures for each client, and has wide experience in due diligences, risk assessments, mitigation and problem solving, pre and post closing commitments, potential liabilities, negotiation, sunset clauses, escrow and hold-out obligations.

Corporate, Commercial & Transactional

The firm offers specialized advice on corporate and commercial law matters and international transactions. QIL+4 Abogados´ team is known for its practical approach, business understanding and overall know-how of complex business solutions applied to the legal domain. Legal services are focused in minimizing contractual risk and seeking sustainable growth, in order to add value to the business and its shareholders.

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Aguilar Castillo Love - Corporate/M&A Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Respected firm in the corporate ambit benefiting from an established network across the region. Continues to win instructions from an extensive roster of significant multinationals from the technology, energy and pharmaceutical industries. Particular areas of strength include cross-border M&A deals.

Strengths The practice is praised by clients, who report: "They provide an efficient service and obtain optimum results. We trust them due to the partners' abilities, their experience and their participation in the Central American market."

Work highlights Advised Whirlpool Corporation on all of its corporate matters in Central America.

Notable practitioners

Founding partner and senior statesman Francisco José Castillo-Love is greatly respected by peers for his "strong track record" in the Guatemalan corporate field.

Respected practitioner Juan Carlos Castillo-Chacón heads the firm's corporate practice and frequently leads its most complex cases. He earns plaudits from appreciative clients, who comment: "He provides very accurate and prudent legal advice, and has a vast knowledge of the matters we have done with him. The speed and content of his answers are very good." Another source highlights his knowledge of corporate matters arising in the energy sector.

About the Team (content provided by Aguilar Castillo Love)

Department profile not yet provided by Aguilar Castillo Love. Please see their firm profile.

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BLP - Corporate/M&A Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Admired regional practice offering expertise in an ample variety of corporate issues. Instructed by a client list composed of clients hailing from industries such as natural resources, electronics and finance. Capabilities encompass preparing share purchase agreements for M&A deals and advising on distribution and service contracts.

Strengths The practice is endorsed by clients, who state: "The way they treat clients is excellent and they render very good legal advice.''

Work highlights Advised TVS Motors on terminating its relationship with its local distributors and appointing new local agents, including the drafting of fresh distribution agreements.

Notable practitioners

Senior counsel Alejandro Arenales Farner attracts admiration from peers for his activity within the corporate sphere. He remains active across a range of issues of a transactional, regulatory and contentious nature, demonstrating involvement in M&A, financings and litigation. He serves a client base that features highly respected players from the Guatemalan insurance field. Peers attest to his front-running position in this field.

Co-head of department Luis Ruiz is praised by peers for his visibility in the corporate sphere. He complements his corporate practice with a leading practice in the intellectual property field, acting as a first port of call for some of the firm's most distinguished clients.

Department co-head María Inés Arenales is regarded by clients as "a member of the new generation who has brought momentum to the firm." She also possesses experience in the banking and finance field.

Associate Alcy Martinez receives praise from both peers and clients for her corporate expertise, with one stating: "She does the detailed work and has a great grasp of corporate matters." Another source continues: "I like that she provides comprehensive answers to queries."

About the Team (content provided by BLP)

BLP is known for representing a large number of multinational companies doing business in Central America. As a leader in the mergers and acquisitions field, BLP participates in some of the most important acquisitions, particularly on the buyers and lenders side.  Furthermore, BLP has participated in some of the most relevant private equity, venture capital and M&A in the region.

As part of this day to day advice, BLP drafts, reviews and negotiates contracts, terminations and addenda thereto, attends legal consultations on matters related to the operation of the companies on a daily basis; performs all the work related to the shareholders’ and board of director´s meetings and registries, as well as corporate governance matters. The attorneys involved in these matters also coordinate legal counseling with all other practice areas such as labor, intellectual property, consumer protection, insurance and regulatory law, among others.

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A.D. Sosa & Soto - Corporate/M&A Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Significant practice group displaying particular strength in advising clients from the energy and natural resources sector, as well as respected local and international players from the private equity and food and beverage industries. Experienced in rendering advice regarding acquisitions.

Strengths Clients are keen to praise the firm, stating: "We think very highly of the firm; they're true professionals. During every interaction we have had with them, they have operated at the standard that we expect, meeting deadlines and giving us realistic answers to legal queries."

Notable practitioners

Department head Juan Sebastian Soto comes recommended by clients, who note: "He is professional, demonstrates attention to detail and has a high level of knowledge of the matters he handles." Another client highlights that "he is very direct and uses his time efficiently."

About the Team (content provided by A.D. Sosa & Soto)

Department profile not yet provided by A.D. Sosa & Soto. Please see their firm profile.

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CENTRAL LAW - Corporate/M&A Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Noted firm benefiting from a regional network of offices. Regularly counsels several key local and international companies from the natural resources, healthcare and hospital industries on matters including the sale and acquisition of shares and other assets, also providing general corporate advice.

Strengths Clients are quick to praise the firm, noting: "They have solid technical knowledge and are available for their clients; they get things done. We wouldn't be able to do what we do without them."

Work highlights Assisted Bluestone Resources with the acquisition of a mining project in Guatemala worth USD200 million.

Notable practitioners

Department co-head Juan Pablo Carrasco de Groote is complimented by clients for his corporate capabilities, with one highlighting that "he is knowledgeable of the Guatemalan commercial environment and provides good advice with respect to how to proceed." Other sources laud him as "a great strategist," referencing his additional capabilities in litigation.

About the Team (content provided by CENTRAL LAW)

Type of work handled: 

Corporate restructurings, M&A work and due diligence; 


Categories of clients: 

Wide range of clients at both a local and international level, from sectors such as financial services and mining.


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Comte & Font - Legalsa - Corporate/M&A Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Active practice in the Guatemalan corporate field, advising a client roster featuring significant names from the real estate and financial industries. Offers comprehensive advice on a range on mandates, such as acquisitions, corporate restructuring and corporate governance. Also acts as local advisers to clients seeking to make investments abroad.

Strengths The practice is endorsed by clients, with one explaining: "I think the firm maintains a particularly high standard of client service as they make a concerted effort in this regard. This has to do with their culture and the fact that partners maintain close relationships with their clients."

Work highlights Advised two local start-ups on their corporate structures and contractual issues.

Notable practitioners

Department head David Font maintains an active presence in the corporate sphere, earning plaudits from clients. They value that "he speaks to you as a businessman and understands the dynamics of business in Central America. He is always available and we are happy with the way he works." Another source adds: "I would recommend him for his experience, technical knowledge and eagerness to help his clients."

Associate Johann Hartleben garners endorsements from clients, who state: "He's diligent and prudent in protecting his clients' interests." They go on to add: "He's very organised, knowledgeable and is available for his clients."

About the Team (content provided by Comte & Font - Legalsa)

Department profile not yet provided by Comte & Font - Legalsa. Please see their firm profile.

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EY Law - Corporate/M&A Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Admired firm maintaining an active practice in the corporate field. Regularly retained to act as legal advisers to major international financial, pharmaceutical and industrial clients, assisting with M&A deals and day-to-day corporate issues. Boasts a significant network across Central America, frequently handling transactions involving multiple jurisdictions.

Strengths The firm is appreciated by clients, with one source enthusing: "I am extremely happy with them. They react very quickly and try to provide the best service possible. They proffer valuable answers that fit with what I want and whenever I have asked them about matters requiring more detailed analysis, it has been prompt, accurate and solid."

Notable practitioners

Head of department Ruby María Asturias Castillo is a recognised figure in the Guatemalan corporate arena. One client appreciates that "she follows up on my legal queries personally from start to finish." She frequently leads the firm's most complex cases, assisting companies in the pharmaceutical and manufacturing sectors with an array of matters, such as mergers and acquisitions, also handling regulatory compliance issues.

About the Team (content provided by EY Law)

Department profile not yet provided by EY Law. Please see their firm profile.

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LatamLex Abogados - Corporate/M&A Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Solid firm retained by a number of local and international clients, predominantly from the pharmaceutical and real estate industries. Often seen advising on a range of corporate mandates, offering expertise spanning the establishment of operations in Guatemala and M&A deals. Also benefits from a solid network of offices throughout Central America.

Strengths Clients praise the firm, with one highlighting that "the firm is able to handle complex matters that require many specialists. They focus on providing an efficient and friendly client service, showing an understanding of clients' needs and the ability to conceptualise alternative solutions."

Work highlights Advised Jardines de la Asunción on setting up a joint venture with another company to develop a cemetery worth USD1.3 million.

Notable practitioners

Head of department Alfredo Skinner-Klée is widely praised by peers and clients in the corporate sphere, with a source describing his work as "very dynamic, efficient and reliable." Other sources note that "he is highly experienced in M&A matters," adding: "He is top-notch legally speaking and is able to figure out ways to do things more efficiently, laying out all the steps you need to follow to do so."

About the Team (content provided by LatamLex Abogados)

LatamLex | Skinner-Klée & Partners  follows a long tradition of excellence in providing legal services in Guatemala.  Its clients include prestigious multinational companies in the trade, industry and services fields, including banks and financial institutions, power generation companies, consumer goods enterprises, and oil and mining ventures, among others.

Independent legal publications Chambers and Partners (Global and Latin America), Latin Lawyer 250, International Financial Law Review 1000, The Legal 500, Who’s Who Legal 100 and the Latin American Corporate Counsel Association (LACCA) have consistently recognized Arenales & Skinner-Klée and the members of its legal team among the best in the country. The firm was recently nominated for the “Chambers Latin America Awards, Best Law Firm in Guatemala”, and with this honor, it is recognized as one of the best 6 law firms of the Nation.

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Palomo & Porras - Corporate/M&A Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Reputable firm offering broad coverage of corporate mandates. Routinely sought out to advise foreign investors on expanding their operations into Guatemala through M&A deals, also winning mandates to act for notable names from the local insurance market. Possesses additional niche expertise in maritime matters.

Strengths The team receives positive feedback from clients, with one source reporting: "They're able to interpret legal issues and explain them in a way that is accessible for non-lawyers. They really help you to find solutions."

Work highlights Advised Rudolph Foods on establishing its local operations in Guatemala.

Notable practitioners

Department co-head Federico Palomo is recognised for his involvement in the field, offering expertise in insurance and maritime-related matters. He is praised by sources, who state: "We have confidence in him and accept his suggestions no matter what. We view him as a very credible adviser."

Partner Hector Palomo is highly active in corporate mandates, as well as also offering notable IP expertise. Clients offer praise for him, stating: "He is both effective and reliable." Peers also attest to his relevance in this field.

About the Team (content provided by Palomo & Porras)

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BMT LAW - Corporate/M&A Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Established player in the local market highlighted for its handling of corporate matters. Boasts long-standing experience advising Guatemalan and international clients on commercial law issues, with additional skills in competition law and capital markets transactions.

Notable practitioners

Founding partner Jorge Rolando Barrios is deeply experienced in matters across the corporate spectrum. Clients describe him as "very responsive," while peers consider him "a spectacular lawyer" and "a highly recognised name." Sources also point to his multidisciplinary expertise, spanning both contentious and transactional matters.

Partner Lorena Barrios is admired by clients and peers alike, being deemed "a very capable lawyer." She is admitted to practice in New York as well as Guatemala.

About the Team (content provided by BMT LAW)

Department profile not yet provided by BMT LAW. Please see their firm profile.

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Bufete Olivero - Corporate/M&A Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Robust domestic firm featuring a compact team advising on a variety of corporate mandates, such as M&A deals and joint ventures. Offers sector-specific knowledge relating to telecommunications, energy and financial services.

Strengths Clients report: "We had a good experience with them and they provided us with a very good service."

Notable practitioners

Founding partner Raúl Andrés Olivero Arroyo is well regarded in the corporate field, with peers saying: "His name has a lot of weight and prestige, he has extensive experience and is very recognised locally. He has very good corporate clients."

About the Team (content provided by Bufete Olivero)

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Cuestas.PPQ Abogados - Corporate/M&A Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Key practice advising an array of leading multinationals and local companies from industries such as insurance, energy and real estate. Areas of expertise include M&A deals and shareholders' agreements, boasting further capabilities in joint ventures.

Strengths The team comes recommended by clients, who highlight "their understanding and expertise, their dedication to assisting clients, and the fact that they are always ready and willing to provide any support we need."

Work highlights Advised & Café on setting up its business structure in Guatemala, including all franchising agreements.

Notable practitioners

Clients praise head of department Rodrigo Quevedo Castellanos, stating: "He knows the local environment very well and manages to solve all problems and achieve magnificent results. We trust his advice and know he will always do a good job."

About the Team (content provided by Cuestas.PPQ Abogados)

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Lexincorp - Corporate/M&A Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Active practice within the Guatemalan corporate space rendering advice to a roster of significant international clients on shareholder and distribution agreements, as well as expanding operations into Guatemala. Firm also offers notable expertise in real estate issues.

Strengths Clients endorse the firm, stating: "They are very thorough and attentive. There is always someone to help you beyond your main lawyer as everyone else is aware of your requirements."

Work highlights Advised Hard Rock Cafe on the sale of local franchising rights to the new franchisee.

Notable practitioners

The key client contacts are Julio Aparicio and Edvin Montoya.

About the Team (content provided by Lexincorp)

Our corporatede partment includes 4 partners and 5 associates that handle not only complex matters but also serve as standing council or several important corporations in Guatemala within the agro-industry sector,financial corporations and franchisees.
Our department has excelled in handling corporate matters that involve more than one country in Central America handling all due diligence, closing and post closing matters in a fully coordinated way in order to smooth transnational transactions in the region.

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Novales Abogados - Corporate/M&A Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Recognised firm particularly noted for handling corporate work arising in the construction industry. Often retained to advise on setting up new companies, also assisting clients with their participation in public bidding processes for notable infrastructure projects.

Strengths Clients are quick to praise the firm, expressing: "They make deals happen. They maintain strong communication with clients and are organised."

Work highlights Advised Selina Hostels on the incorporation of six companies set up to manage hostels located in Guatemala.

Notable practitioners

The key client contact is Cristián Novales.

About the Team (content provided by Novales Abogados)

Department profile not yet provided by Novales Abogados. Please see their firm profile.

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Senior Statesperson

Francisco José Castillo-Love

Aguilar Castillo Love

From the Chambers Latin America guide

Founding partner and senior statesman Francisco José Castillo-Love is greatly respected by peers for his "strong track record" in the Guatemalan corporate field.

^ See whole ranking table

Eminent Practitioner

Alfonso Carrillo M

Carrillo y Asociados

From the Chambers Latin America guide

Managing partner and eminent practitioner Alfonso Carrillo is widely revered by peers in the field, who deem him ''a leader in the market" and ''a very recognised name." He supplements his practice with his vast expertise in tax and banking law, as well as securities issues.

^ See whole ranking table

Star Individuals

Mayora & Mayora, S.C.

From the Chambers Latin America guide

Star individual Eduardo Mayora is deemed to be the market leader in the corporate arena in Guatemala, commanding unanimous praise from peers. He remains deeply involved in the firm's most complex matters including mergers, acquisitions and corporate restructurings. His expertise also extends to transactional matters arising in other disciplines, such as the tax aspects of deals and legal issues affecting corporate finance. Clients are impressed by his "formal yet flexible style."

^ See whole ranking table

Band 1

Jorge Luis Arenales de la Roca

Arias

From the Chambers Latin America guide

Head of department Jorge Luis Arenales de la Roca is acclaimed by peers and clients for his outstanding expertise in corporate matters. One client considers that "he is one of the best lawyers in the country," while another notes that "he is very punctual, responsive and does very high-quality work." He plays a central role in the firm's corporate practice, advising agricultural, insurance and chemical companies on all aspects relating to M&A.

^ See whole ranking table

Band 1

Alejandro Arenales Farner

BLP

From the Chambers Latin America guide

Senior counsel Alejandro Arenales Farner attracts admiration from peers for his activity within the corporate sphere. He remains active across a range of issues of a transactional, regulatory and contentious nature, demonstrating involvement in M&A, financings and litigation. He serves a client base that features highly respected players from the Guatemalan insurance field. Peers attest to his front-running position in this field.

^ See whole ranking table

Band 1

Juan Carlos Castillo-Chacón

Aguilar Castillo Love

From the Chambers Latin America guide

Respected practitioner Juan Carlos Castillo-Chacón heads the firm's corporate practice and frequently leads its most complex cases. He earns plaudits from appreciative clients, who comment: "He provides very accurate and prudent legal advice, and has a vast knowledge of the matters we have done with him. The speed and content of his answers are very good." Another source highlights his knowledge of corporate matters arising in the energy sector.

^ See whole ranking table

Band 1

QIL+4 ABOGADOS

From the Chambers Latin America guide

Department co-head Marcos Ibargüen stands out in the corporate arena, impressing clients and peers alike with the breadth and depth of his knowledge. One client notes: "He instils a lot of confidence in me as he is very knowledgeable, highly experienced and prudent in his legal opinions. He understands the ambit in which my business operates." Another source goes on to report that "he is an extremely rigorous and reliable lawyer." He also maintains a recognised presence in the banking and finance arena.

^ See whole ranking table

Band 1

QIL+4 ABOGADOS

From the Chambers Latin America guide

Acclaimed partner José Quiñones maintains a varied practice comprising corporate, tax and litigation matters. He is admired for his skill and involvement in corporate issues, with clients highlighting ''his high degree of knowledge and experience" in handling such cases. He is a frequent adviser to large companies on M&A deals, garnering strong praise from clients for "always being at the forefront of legal issues."

^ See whole ranking table

Band 1

Alfredo Rodríguez

Consortium Legal

From the Chambers Latin America guide

Founding partner Alfredo Rodríguez is admired by clients, who particularly value "his brilliant mind and customer service," as well as his experience. Sources also appreciate that "he is very humble but supremely capable," and enthuse that "there are very few lawyers like him in Guatemala." His recent work includes advising notable clients on capital increases and he remains active across the real estate, banking and tax practice areas.

^ See whole ranking table

Band 2

Rodolfo Alegría Toruño

Carrillo y Asociados

From the Chambers Latin America guide

Head of department Rodolfo Alegría Toruño receives praise from sources, who enthuse: "He is able to provide helpful expertise to guide the client through complicated M&A deals with many moving parts. We are very pleased with his service." He recently acted as lead partner advising I Squared Capital on the local law aspects of acquiring Duke Energy's assets in Latin America for USD1.2 billion.

^ See whole ranking table

Band 2

Ruby María Asturias Castillo

EY Law

From the Chambers Latin America guide

Head of department Ruby María Asturias Castillo is a recognised figure in the Guatemalan corporate arena. One client appreciates that "she follows up on my legal queries personally from start to finish." She frequently leads the firm's most complex cases, assisting companies in the pharmaceutical and manufacturing sectors with an array of matters, such as mergers and acquisitions, also handling regulatory compliance issues.

^ See whole ranking table

Band 2

Jorge Rolando Barrios

BMT LAW

From the Chambers Latin America guide

Founding partner Jorge Rolando Barrios is deeply experienced in matters across the corporate spectrum. Clients describe him as "very responsive," while peers consider him "a spectacular lawyer" and "a highly recognised name." Sources also point to his multidisciplinary expertise, spanning both contentious and transactional matters.

^ See whole ranking table

Band 2

Mayora & Mayora, S.C.

From the Chambers Latin America guide

Clients value partner Rafael Briz's professionalism. He specialises in the matters arising at the intersection of the corporate and energy and natural resources practice areas, frequently handling complex restructurings and cross-border transactions for large companies from the power sector in Guatemala.

^ See whole ranking table

Band 2

Álvaro Rodrigo Castellanos Howell

Consortium Legal

From the Chambers Latin America guide

Department co-head Álvaro Rodrigo Castellanos Howell is respected in the corporate arena by clients and peers alike, who deem him to be "a spectacular lawyer" and go on to highlight that "he really knows what he's doing, shows great legal judgement and is highly respected in Guatemala." He remains active in the firm's corporate matters, frequently advising key players from the Guatemalan financial and retail industries on mergers and acquisitions.

^ See whole ranking table

Band 2

Comte & Font - Legalsa

From the Chambers Latin America guide

Department head David Font maintains an active presence in the corporate sphere, earning plaudits from clients. They value that "he speaks to you as a businessman and understands the dynamics of business in Central America. He is always available and we are happy with the way he works." Another source adds: "I would recommend him for his experience, technical knowledge and eagerness to help his clients."

^ See whole ranking table

Band 2

María Isabel Luján

QIL+4 ABOGADOS

From the Chambers Latin America guide

Department co-head María Isabel Luján continues to impress clients, who refer to her as "a very good and very able lawyer." Her areas of focus include advising large energy and retail companies on M&A transactions, joint ventures and strategic alliances.

^ See whole ranking table

Band 2

Mayora & Mayora, S.C.

From the Chambers Latin America guide

Department co-head Claudia Pereira is seen as "highly competent" by interviewees. She is highly experienced in the full range of corporate mandates, assisting notable pharmaceutical, energy and transport companies with high-profile M&A deals and corporate restructurings, as well as day-to-day corporate matters.

^ See whole ranking table

Band 2

Alfredo Skinner-Klée

LatamLex Abogados

From the Chambers Latin America guide

Head of department Alfredo Skinner-Klée is widely praised by peers and clients in the corporate sphere, with a source describing his work as "very dynamic, efficient and reliable." Other sources note that "he is highly experienced in M&A matters," adding: "He is top-notch legally speaking and is able to figure out ways to do things more efficiently, laying out all the steps you need to follow to do so."

^ See whole ranking table

Band 3

Rafael Alvarado Riedel

Consortium Legal

From the Chambers Latin America guide

Noted partner Rafael Alvarado Riedel is recognised by peers for his high degree of involvement in several of the firm's most complex mergers and acquisitions, advising important insurance and technology clients. He recently acted for AIG on the sale of its regional operations to ASSA.

^ See whole ranking table

Band 3

BMT LAW

From the Chambers Latin America guide

Partner Lorena Barrios is admired by clients and peers alike, being deemed "a very capable lawyer." She is admitted to practice in New York as well as Guatemala.

^ See whole ranking table

Band 3

Rodrigo Callejas Aquino

Carrillo y Asociados

From the Chambers Latin America guide

Key partner Rodrigo Callejas Aquino has strong capabilities in a variety of corporate mandates, such as advising notable clients from the telecommunications, food and beverage and energy sectors on cross-border acquisitions and corporate restructurings. He is also active in the banking and finance space.

^ See whole ranking table

Band 3

Juan Pablo Carrasco de Groote

CENTRAL LAW

From the Chambers Latin America guide

Department co-head Juan Pablo Carrasco de Groote is complimented by clients for his corporate capabilities, with one highlighting that "he is knowledgeable of the Guatemalan commercial environment and provides good advice with respect to how to proceed." Other sources laud him as "a great strategist," referencing his additional capabilities in litigation.

^ See whole ranking table

Band 4

Francisco Chavez Bosque

Carrillo y Asociados

From the Chambers Latin America guide

Francisco Chavez Bosque is recognised by peers for his "substantial seniority" and is experienced in advising a number of companies on corporate issues. He also has an established disputes practice, where he is active in both arbitration and litigation.

^ See whole ranking table

Band 4

Luis Pedro Del Valle

Arias

From the Chambers Latin America guide

Partner Luis Pedro Del Valle is well regarded by peers and clients for his focus on corporate mandates, with clients describing him as "an excellent lawyer whose answers to legal queries and client service demonstrate his professionalism." Peers highlight his "great experience and track record in this sphere."

^ See whole ranking table

Band 4

Raúl Andrés Olivero Arroyo

Bufete Olivero

From the Chambers Latin America guide

Founding partner Raúl Andrés Olivero Arroyo is well regarded in the corporate field, with peers saying: "His name has a lot of weight and prestige, he has extensive experience and is very recognised locally. He has very good corporate clients."

^ See whole ranking table

Band 4

Palomo & Porras

From the Chambers Latin America guide

Department co-head Federico Palomo is recognised for his involvement in the field, offering expertise in insurance and maritime-related matters. He is praised by sources, who state: "We have confidence in him and accept his suggestions no matter what. We view him as a very credible adviser."

^ See whole ranking table

Band 4

Palomo & Porras

From the Chambers Latin America guide

Partner Hector Palomo is highly active in corporate mandates, as well as also offering notable IP expertise. Clients offer praise for him, stating: "He is both effective and reliable." Peers also attest to his relevance in this field.

^ See whole ranking table

Band 4

Rodrigo Quevedo Castellanos

Cuestas.PPQ Abogados

From the Chambers Latin America guide

Clients praise head of department Rodrigo Quevedo Castellanos, stating: "He knows the local environment very well and manages to solve all problems and achieve magnificent results. We trust his advice and know he will always do a good job."

^ See whole ranking table

Band 4

QIL+4 ABOGADOS

From the Chambers Latin America guide

Peers regard partner Gabriela Roca as "a well-known point of reference in the market." They also commend her for her impressive capabilities in leading corporate matters arising in several sectors, particularly energy and natural resources.

^ See whole ranking table

Band 4

BLP

From the Chambers Latin America guide

Co-head of department Luis Ruiz is praised by peers for his visibility in the corporate sphere. He complements his corporate practice with a leading practice in the intellectual property field, acting as a first port of call for some of the firm's most distinguished clients.

^ See whole ranking table

Band 4

Juan Sebastian Soto

A.D. Sosa & Soto

From the Chambers Latin America guide

Department head Juan Sebastian Soto comes recommended by clients, who note: "He is professional, demonstrates attention to detail and has a high level of knowledge of the matters he handles." Another client highlights that "he is very direct and uses his time efficiently."

^ See whole ranking table

Up and Coming

María Inés Arenales

BLP

From the Chambers Latin America guide

Department co-head María Inés Arenales is regarded by clients as "a member of the new generation who has brought momentum to the firm." She also possesses experience in the banking and finance field.

^ See whole ranking table

Up and Coming

Ana Verena Kuhsiek

Kuhsiek & Asociados

From the Chambers Latin America guide

Ana Verena Kuhsiek of Kuhsiek & Asociados earns plaudits from clients, with one saying: "I like the way she reacts to problems, her ability to analyse them and provide solutions. She's very efficient, precise and clear." Another adds: "You can sense her passion for her work and she is always willing to help."

^ See whole ranking table

Associates to watch

Comte & Font - Legalsa

From the Chambers Latin America guide

Associate Johann Hartleben garners endorsements from clients, who state: "He's diligent and prudent in protecting his clients' interests." They go on to add: "He's very organised, knowledgeable and is available for his clients."

^ See whole ranking table

Associates to watch

BLP

From the Chambers Latin America guide

Associate Alcy Martinez receives praise from both peers and clients for her corporate expertise, with one stating: "She does the detailed work and has a great grasp of corporate matters." Another source continues: "I like that she provides comprehensive answers to queries."

^ See whole ranking table