LONDON, February 13 /PRNewswire/ -- Consortium Centro America Abogados was
created in 2005, consolidated and
stimulated by the approval of the North American Free Trade Agreement between
Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Dominican Republic
and the USA. Its creation, by five of the largest and most prestigious law
firms of each country of the Central American region, which are considered by
International Legal Directories, such as Martindale Hubbell, Chambers &
Partners, IFLR 1000 and Latin Lawyer, amongst the best and highly recommended
firms in the region.
Central America has become a market practically without boundaries, in
which local and extra-regional companies operate with great mobility, all of
them looking for the opportunities offered by more than thirty-seven million
people and by the economies which exceed the $8bn mark.
Consortium has more than 150 lawyers providing legal services across the
isthmus from ten different offices, located in the region. It has
participated in a consistent manner in the biggest international transactions
of great importance for the Central American region and abroad.
The deals and cases Consortium has participated in are considered as
great challenges in the professional development of the firm, since they
require knowledge, creativeness and novelty in solutions provided by the
lawyers who participate in them. This has been so because there is an
increasing need of providing an answer to the expectations of international
clients that manage and structure complex transactions.
The legal services include banking, mergers and acquisitions,
telecommunications, road infrastructure, ports and airports, electricity,
real estate, tourism, litigation or arbitration.
At this time the region continues to grow; monetary stability, with
complete freedom of remission of profits and repatriations of capital has
encouraged the capital flow into the region and the strengthening of their
economies. The family remittances contribute significantly to the nature of
the capital accounts and the payment balance. In all countries, in spite of
an increase in inflation generated particularly by the increase of oil and
food costs the existence of macroeconomic stability is notorious, which
favours the investment climate.
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