Consortium Legal

Costa Rica

150mts oeste de la entrada principal de Oficentro El Cedral, Escazú
Edificio Banco General 6º piso San José
Costa Rica

+506 2289 0750

+506 2255-1398

Key contacts:

Partner: Rolando Laclé Zúñiga
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Founding Partner: Rolando Laclé Castro
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Partner: Mario Quesada Bianchini
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Quick facts:

Number of lawyers: 91
Network memberships: IBA, ABA, INTA, ASIPI, AMCHAM

Consortium Legal, your law firm for doing business in the region. 

We are the leading and most recognized law firm in the Central American region. We are the bridge for all your legal needs in the region and we work from a single point of contact through our +200 lawyers located in 7 offices in Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica.

  • Banking and finance
  • Investment funds
  • Restructuring 
  • Capital markets: Debt
  • Capital markets: Equity
  • Competition
  • Covered bonds
  • Financial restructuring
  • Financial services regulatory
  • Investment funds
  • M&A
  • Private equity
  • Project bonds
  • Project development
  • Project finance
  • Securitisation

Banking and Finance

Mario Quesada

Recent transactional highlights:

•Consortium Legal acted as legal counsel for Costa Rica law matters to Citigroup Global Markets Inc. and HSBC Securities (USA) Inc., in the issuance of sovereign bonds Costa Rica 2019. Consortium was in charge of reviewing the documentation related to the transaction, as well as issuing the supporting legal opinion regarding its execution.  In addition, it was a key advisor on current national issues related to the country's recent tax reforms and general economic situation.

•syndicated credit facility of an aggregate principal amount of US$150,000,000.00 granted by Scotiabank de Costa Rica as Administrative Agent and The Bank of Nova Scotia as Structuring Agent and Bookrunner, and them jointly with other national and international banking entities as lender, to various different subsidiaries of Portafolio Inmobiliario S.A. in Costa Rica, up to the maximum debt amount established for each. Additionally, each of the borrower entities granted a cross guarantee with respect to the debt of each of the other borrower entities, up to the maximum guarantee amount established for each. The purpose of the loan is the refinancing of obligations.

•Syndicated loan for US$250,000,000 granted by United Airlines, Inc. and Kingsland Holdings Limited to Avianca Holdings, S.A., a Panama entity, in which related entities of said company in Guatemala, El Salvador, Honduras, Costa Rica, Panama and Ecuador were constituted as guarantors, and in which UMB Bank, N.A. also participates as collateral agent. The financing is composed of the following documents: New York law documents: credit agreement, guaranty agreement, and pledges over the shares of the borrower and guarantor entities; and Costa Rica law documents: local pledges (or equivalent) were constituted in each jurisdiction over the shares of the guarantor entities in each of such jurisdictions.

•Syndicated loan facility for US$91,000,000 granted to GMG Holding S.A. as Parent Borrower, GMG Servicios Costa Rica S.A. as Borrower, and other companies part of the “Grupo Monge” group in Perú, Panamá, Guatemala, Honduras, El Salvador Nicaragua and Costa Rica as Co-Borrowers, by a group of Lenders comprised of: Atlantic Forfaitierungs, BAC International Bank, Bancaribe Curacao, Banco Aliado, Banco de Occidente, Banco Ficohsa, Banco G&T Continental, Banco Hipotecario de El Salvador, Bancolombia Puerto Rico, BHD Bank, Banco Internacional de Costa Rica, Towerbank International, Unibank, and Banco Lationamericano de Comercio Exterior, with the latter acting as Administrative Agent. The financing documents are comprised by New York law documents: loan agreement, promissory notes, subordination agreement, guarantee agreement, and ancillary documents; and Costa Rican law documents: local law promissory notes.


Rolando Laclé Zúñiga

Recent transactional highlights:

•The Colombian economic group is selling and subscription of stake in El Viajero Hostels, a company involved in the hospitality sector. Our M&A department assisted the sellers along the entirety of the process in selling stake in Grupo El Viajero. This transaction confirms the success of a business model, which started on a smaller scale and thanks to different contributions from investment funds has had exponential growth. This third capitalization is the recognition, consolidation and commitment to a business model with a high potential in the Tourism Sector in Latin America, which arises by adding capabilities among investment funds widely recognized at the Latin American level and the distinguished capacity of the founders.

  • Aviation
  • Banking
  • Construction and materials
  • Consumer goods and services
  • Energy
  • Financial services
  • Food and beverage
  • Industrials
  • Insurance
  • Mining
  • Pharm and life sciences
  • Real estate
  • Tech and telecoms
  • Tourism

Barrio González Lahmann
Calle 21 y 25, Avenida 6
San José
Costa Rica
T: +506 2257 3553
F: +506 2255 1398

Diagonal 6 10-01 zona 10. 
Centro Gerencial Las Margaritas Torre II, Oficina 1101
Ciudad de Guatemala, Guatemala
T: +502 2279 3939

Edificio Avante Local 313, Urb. Madre Selva III. 
Calle Llama del Bosque Poniente. 
La Libertad. El Salvador
T: +503 2209 1600

Del antiguo Hospital Militar, 1 cuadra al Norte. 
Edificio Consortium Legal. 
Managua, Nicaragua 
T: +505 2254 5454

150mts oeste de la entrada principal de Oficentro El Cedral, Escazú.
Edificio Banco General 6º piso 
Escazú, Costa Rica
T: +506 2289 0750