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Key contacts
Partner: Luis Pedro del Valle
Quick facts
Number of lawyers

26

Number of partners

5

Network memberships

INTA, IBA, ASIPI, NYSBA, INSULAW, IEL

Languages

Spanish, English, French, German, and Portuguese

Key practice areas
Financial and corporate
Energy and infrastructure
Project development
Firm overview

Arias is the leading global business law firm in Central America and the firm of choice in the region. The firm stands out for providing innovative and effective solutions that help clients achieve their business goals, while enjoying the benefits of working with an integrated firm, with presence in six countries through seven offices, 41 partners, and 130 highly trained and experienced attorneys and offices in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama.

Since 1942, Arias has been setting the standards in the region by combining its global reach with local expertise, and providing a visionary outlook on the world’s business environment.

Our team: Among our staff, we have attorneys with many years of experience in several practice areas combined with young lawyers. This means our firm is constantly innovating and adapting to the needs of today’s world, which ensures we are able to offer our clients the best legal talent in the region.

Areas of practice: Arias is a full-service firm, providing advice in over 35 practice areas, with renowned specialists in each jurisdiction. Some of the firm’s main practice areas include: corporate, antitrust, mergers and acquisitions, tax, arbitration and litigation, compliance, banking and finance, intellectual property, labor law, energy, oil and gas, real estate, immigration, and general counsel services, among others.

Our focus: We make things happen. We provide creative and innovative legal solutions that add value to our clients, taking the time to know and understand their business goals, while always focused on providing reliable and accurate legal services, with their best interests in mind.

International reach: The firm advises on local and cross-border transactions, assisting some of the major international corporations doing business in the region, and also providing legal support to local clients going abroad.

Recognitions and awards: Consistently, we have been honored with important recognitions and awards such as “Firm of the Year in Central America”, “Firm of the year” in the countries we operate, “Client Service Award”, “Best Regional Firm for Women in Business Law”, “Deal of the Year”, among other relevant regional and local awards for the firm and our members.

Equal opportunities: We promote diversity within the firm, professional growth is based on each individual’s merit regardless of gender or ethnics.

  • 47% of our partners are women
  • 48% of our associates are women
  • 57% of our management positions are held by women
  • 100% of our managing partners are women
  • 2,000 Pro-bono hours per year: Corporate social responsibility and Pro-bono work have always been an important part of our DNA. We believe that it is everyone’s responsibility to inspire and generate positive changes in our environment in order to achieve and ensure a better future for the next generations.
Key transactional practices
  • Asset finance
  • Banking
  • Financial restructuring
  • Financial services regulatory
  • Competition
  • Capital markets: Equity
  • Capital markets: Debt
  • M&A
  • PPP/PFI
  • Private equity
  • Project development
  • Project finance
  • Real estate finance
  • Real estate funds
  • Restructuring and insolvency
  • Securitisation
  • Structured finance/securitisation
  • Trade finance
Key practice contacts and recent transactional highlights

Mergers & Acquisitions:
Luis Pedro del Valle
luispedro.delvalle@ariaslaw.com

  • Arias Guatemala acted as lead counsel for Holcim in all the acquisition stages of Minerales y Agregados.
    Arias provided legal advice to Univar Solutions Inc. (the buyer), a leading global solutions provider for users of specialty ingredients and chemicals, representing a premier portfolio of the world's leading producers, in the acquisition of ChemSol Group. ChemSol is a prominent distributor of ingredients and specialty chemicals operating in Costa Rica, Guatemala, El Salvador, Panama, and Honduras.
  • Arias Guatemala provided advice as local counsel to RelaDyne, Inc. (the buyer), an established leader in lubricant, bulk oil, and fuel distribution in the USA, during its strategic acquisition of Lucalza Holdings, Inc. for USD 85,000,000.00. Lucalza is a key distribution company of lubricants, fuels, filters, batteries and tires for the automotive and industrial sector in general, with a presence in 6 countries, being the largest Chevron lubricants distributor in the world.
  • Our regional team at Arias advised Hoshizaki in the strategic alliance with Fogel through the acquisition of shares in Fogel Company Inc. During the negotiation process, ARIAS played a key role as Hoshizaki's lead legal advisor in Central America. With its six regional offices, ARIAS provided legal advice in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama, facilitating Hoshizaki's first investment in the Central American region. Luis Pedro del Valle coordinated the transaction.

Banking and Finance:
Luis Pedro del Valle
luispedro.delvalle@ariaslaw.com

  • Luis Pedro and his team acted as local counsels for Natixis, Standard Chartered Bank, Banco Santander, ING, and other creditors in a syndicated term loan facility in favor of Impala Terminals Group (ITG) Sàrl. Stage 1: A local borrower in Guatemala accessed a term loan facility of USD $711,600,000.00 in favor of ITG Sàrl for the acquisition of energy infrastructure and storage terminals business owned by Puma Energy. o Stage 2: To refinance the original loan described in "stage 1", the debtors acquired a loan for USD $525,000,000.00
  • Truist Bank, acting as the administrative and facility agent on behalf of eleven different financial institutions, granted a two-tranche loan to Evertec Group and its subsidiaries for corporate purposes and the refinancing of existing indebtedness. Luis Pedro del Valle and our team of experts provided legal advice as local counsel to the eleven creditors who granted a USD $615,000,000.00 loan to Evertec Group and its subsidiaries.
  • The Inter-American Investment Corporation IDB entered into a syndicated senior loan of up to USD $250,000,000.00 loan in favor of Corporación Multi-Inversiones CMI, one of the biggest business groups in the Central American food industry to contribute to food safety in Central America. Luis Pedro del Valle and our team of experts served as local Guatemalan counsel to the IDB, acting as a lender to CMI’s local subsidiaries focused on food production and services (4 entities constituted as Co-Borrowers).
  • Glas Trust Corporation sought Arias' legal advice as local counsel in a financing granted to Atento Luxco, for USD 50,000,000.00 which is a holding company of Atento's group. This financing is part of Atento's group debt restructuring strategy. Luis Pedro del Valle and our team of experts acted as local counsels.
  • Banco Santander and Bladex granted a loan of up to USD $71,475,000.00 in favor of Ransa, a sociedad limitada organized under the laws of Spain as the Borrower, to acquire a group of corporations in the logistics business in Latin America, free of any material liability or contingency, and for the repayment of financial debt. Throughout the transaction, Luis Pedro del Valle and our team of experts served as the lenders' local counsel, providing financing to Ransa for the acquisition of several entities engaged in the logistics business in Latin America.
Sector expertise
  • Agriculture
  • Aviation
  • Banking
  • Consumer goods and services
  • Energy
  • Financial services
  • Food and beverage
  • Forestry
  • Healthcare
  • Government and public policy
  • Industrials
  • Insurance
  • Investment management
  • Media
  • Natural resources
  • Oil and gas
  • Pharm and life sciences
  • Real estate
  • Shipping
  • Social infrastructure
  • Tech and telecoms
  • Tourism
  • Transport
  • Utilities
Other offices
Address:
6ª. Avenida 12-24 zona 10, Edificio HQ Fontabella
Nivel 8
Guatemala City, 00000
Tel:+50222401600 Email:Contact Us Web Address:https://www.ariaslaw.com/
Rankings published in 2026
Financial and corporate
Tier 1
23 firms ranked
View full list

Tier 1

ALTA QIL+4 Abogados
3 practice areas
View full profile
Arias
3 practice areas
View full profile
BLP
2 practice areas
View profile
Consortium Legal
3 practice areas
View full profile
Mayora & Mayora
3 practice areas
View full profile

Tier 2

Aguilar Castillo Love
3 practice areas
View profile
Carrillo & Asociados
3 practice areas
View profile

Tier 3

Central Law Guatemala
3 practice areas
View profile
EY Law
2 practice areas
View full profile
LegalPlus
1 practice area
View profile
Lexincorp
3 practice areas
View profile
Palomo Abogados
1 practice area
View profile
Skinner-Klée & Asociados - LatamLex
2 practice areas
View profile

Tier 4

Alegalis
3 practice areas
View profile
Dentons Muñoz
4 practice areas
View profile
Sfera
1 practice area
View profile

Notable

Comte & Font – Legalsa
1 practice area
View profile
Deloitte Legal
2 practice areas
View profile
Dentons Muñoz
4 practice areas
View profile
ECIJA
1 practice area
View profile
GarcíaBodan
1 practice area
View profile
Latin Alliance
1 practice area
View profile
Lex Atlas
2 practice areas
View profile
Nassar Abogados
1 practice area
View profile

Notable

Comte & Font – Legalsa
1 practice area
View profile
Project development
Tier 1
11 firms ranked
View full list

Tier 1

ALTA QIL+4 Abogados
3 practice areas
View full profile
Arias
3 practice areas
View full profile
BLP
2 practice areas
View profile
Carrillo & Asociados
3 practice areas
View profile

Tier 2

Aguilar Castillo Love
3 practice areas
View profile
Central Law Guatemala
3 practice areas
View profile
EY Law
2 practice areas
View full profile
Lexincorp
3 practice areas
View profile
Mayora & Mayora
3 practice areas
View full profile

Notable

Alegalis
3 practice areas
View profile
Consortium Legal
3 practice areas
View full profile
Linked Reviews
Financial and corporate

Founded in 1942 in El Salvador, Arias has grown into a top-tier legal institution with offices in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, and Panama. Arias offers comprehensive legal services across key practice areas, including banking and finance, mergers and acquisitions, and project development. The firm advises strategic buyers and sellers in complex transactions, as well as borrowers and lenders in loan and credit agreements. With over 120 attorneys and a fully integrated regional model, Arias combines global reach with local expertise to deliver innovative, effective solutions that help clients achieve their business goals. 

Highlight 

Arias advised Holcim on its acquisition of Cemex’s operations in Guatemala, supporting the company’s expansion and commitment to sustainable construction in the region. The firm provided legal guidance throughout the transaction, helping navigate regulatory challenges and ensuring a smooth closing. This deal strengthens Holcim’s market position and reflects its strategic growth in Central America. Arias’s role was key in managing legal complexities and aligning the transaction with broader environmental and business goals. 

Key publishable: Holcim 

Testimonials 

Their speed in delivering work.” (Banking and finance client) 

Cindy Arrivillaga  

She communicates with clients transparently and in a fast manner to adapt to client's needs. 

4 results4 results
Deal Highlights
15 results15 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Inter-American Development Bank - Financing
2020-09-01
Arias
Guatemala
Financing
Luis Pedro Del Valle
Inter-American Development Bank
Lender
International Finance - Financing
2020-09-29
Arias
Guatemala
Financing
Jorge Luis Arenales
International Finance
Lender
FMO - Financing
2020-11-01
Arias
Guatemala
Financing
Jorge Luis Arenales
FMO
Lender
Catholic Relief Services - Financing
2020-05-01
Arias
Guatemala
Financing
Luis Pedro Del Valle
Catholic Relief Services
Lender
IDB Invest - Financing
2020-09-01
Arias
Guatemala
Financing
Luis Pedro Del Valle
IDB Invest
Lender
Blue Orchard Microfinance Fund - Financing
2020-12-01
Arias
Guatemala
Financing
Luis Pedro Del Valle
Blue Orchard Microfinance Fund
Lender
Inter-American Investment - Financing
2020-11-01
Arias
Guatemala
Financing
Jorge Luis Arenales
Inter-American Investment
Lender
Scotia Leasing - Financing
2021-02-25
Arias
Guatemala
Financing
Luis Pedro Del Valle
Scotia Leasing
Borrower
Brookfield Asset Management - M&A
2021-01-20
Arias
Guatemala
M&A
Jorge Luis Arenales
Brookfield Asset Management
Acquirer
Blue Orchard Microfinance Fund - Financing
2021-04-20
Arias
Guatemala
Financing
Luis Pedro del Valle
Blue Orchard Microfinance Fund
Lender
PRB - Restructuring
2021-03-20
Arias
Guatemala
Restructuring
Jorge Luis Arenales
PRB
Creditor
PRB - Financing
2021-03-20
Arias
Guatemala
Financing
Jorge Luis Arenales
PRB
Lender
Inter American Investment Corp - Financing
2020-12-20
Arias
Guatemala
Financing
Jorge Luis Arenales
Inter American Investment Corp
Lender
EMF Microfinance Fund AGmvK - Financing
2021-05-20
Arias
Guatemala
Financing
Luis Pedro del Valle
EMF Microfinance Fund AGmvK
Lender
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV - Project finance
2021-06-01
Arias
Guatemala
Project finance
Jorge Luis Arenales
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV
Lender
IFLR1000
Firm adds finance capacity in Guatemala City
IFLR1000
Latin America correspondent Rani Mehta looks at the trend of law firm regionalisation in Central America
IFLR1000
Muñoz Global partners split from Arias & Muñoz and join international firm
IFLR1000
Carlos Camacho and Carlos Ubico of Arias & Muñoz in Costa Rica look at the possibilities for using PPPs for transport infrastructure
IFLR1000
Andrey Dorado and Tracy Varela of Arias & Muñoz in San José consider the ten things you need to know about M&A in Costa Rica
IFLR1000
Firm makes second lateral hire of the year
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