Luis Pedro Del Valle

Arias - Guatemala

Partner

Guatemala

(502) 2382 7700

Highly regarded

Spanish
English


Bar admissions:

Guatemala

Jurisdictions:

Guatemala

Practice areas:

Banking
Financial services regulatory


His experience is ample regarding corporative advice in general, including drafting of typical and non typical agreements, as well as complex corporate transactions.
Mr. del Valle has experience concerning finance and stock market transactions.

He also possesses experience and knowledge in the fields of Telecommunications Law as well as Information Technology Law.

  • Part of the team of local counsels to Telefonica Centroamerica Inversiones, S.L. (TCI) in Guatemala and El Salvador in the sale of its business in both jurisdictions, advising in corporate, M&A, tax, and regulatory (telecommunications and competition) matters and on a second part this transaction involved Nicaragua, Costa Rica and Panama. The amount of this transaction rises up to US$650 million approximately in Guatemala and El Salvador, US$1,650 million in Nicaragua, Costa Rica and Panama.
  • Arias Guatemala has expanded its professional relationship with Bank of Nova Scotia, and in addition to counselling Scotia Leasing Guatemala, S.A -which is the bank’s leasing operation in the country- now it advises the Bank’s representation office in Guatemala, both in regulatory and contractual matters (i.e. finances).
  • Adviced Catholic Relief Services (CRS) in the implementation of a trust structure that will operate as a fund destined to foster development in certain communities in the highlands. The funds from which the trust will be established, come from a grant to be received by CRS from an international cooperation Government agency. Arias has advised CRS in the dealings with a local bank for the establishment of the relevant trust, which must also reflect certain provisions required in the context of the grant to be received by CRS.
  • Arias advised SBA Torres Guatemala, Limitada (a Guatemalan subsidiary of SBA Communications), in two deals regarding asset acquisition, whereby the ownership of telecom sites from two companies were acquired. Both deals involved an intense due diligence process, ranging from the verification of the proper regulatory approvals, to the assessment of the relevant ownership and tenancy of the sites. Arias Guatemala conducted and coordinated such due diligence. In addition, it prepared the relevant documents for the transfer of the lease rights and the assets conforming the telecom sites.
  • Arias Guatemala advised High Q International (a Fyffes’ subsidiary in Guatemala) in the acquisition of productive assets from a commercial entity in the agriculture business. The asset transfer deal had complexities in the sense that certain of the target assets, were regulated and thus, its transfer was to subject to prior approval.
  • Arias advised Arrendamiento Mercantl, S.A., a Chilean commercial entity, in its bidding for the provision of transport units for the Municipality of Guatemala, in the process known as “Transmetro”, which is the bus rapid transit system in Guatemala City. Said system is composed of various lines. The contractual structure is one of a "Lease with Option to Purchase". Arias has advised Arrendamiento Mercantil, S.A. in several bidding processes, and said entity has been awarded in 3 occasions, thus now being a provider for the Municipality with a total of 39 transportation units, including both single units and bi articulated units. The deal is important in that it contributes to the strengthening of the City’s transportation units and represents a material foreign investment. Arias has provided the legal advice in administrative and contract law, which entails the proper advice in the preparation of the public offer, its submission and further coordination for the signature of the final agreements, as well as their execution. Amount: US$30,000,000.00.
  • Arias continued advising UNIFI (a multi-national manufacturing company that produces and sells recycled and other processed yarns designed to meet customer specification, and premium value-added yarns with enhanced performance characteristics), in its process of evaluating and negotiation for setting up of a joint venture with a Guatemalan entity that operates in the bottle washing, PET flake productions, chip extrusion, POY and Draw Textured Yarn production. The advice and dealings continued up until July 2018, when UNIFI, Inc. announced that an agreement could not be reached with the owners of the respective Guatemalan entities. Until such time, Arias had advised UNIFI, Inc. in due diligence matters as well as advice in negotiations for the drafting of Shareholders Agreements.
  • Arias, through its offices in Guatemala, Nicaragua, Costa Rica and Panamá, has been advising a major Mexican entity in a very specific industry sector that has investments all throughout Central America, in the sale of its investment in said operations, each of which are held in several operative subsidiaries domiciled in each of Guatemala, Nicaragua, Costa Rica and Panamá. The advised rendered so far has been both in the conduction of a vendor’s due diligence and in the review of the relevant Stock Purchase Agreement and closing logistics thereof. The advice has been important in the sense that the client holds the respective share interests jointly with other key companies in the region, as well as an investment fund. The latter, however, are not expected to sell their share interest.

  • Banking and finance
  • Corporate and M&A

  • Energy
  • Banking and financial services
  • Technology and telecommunications

  • International Bar Association (IBA).
  • Member of the Bar Association of Guatemala

  • Law degree from Universidad Francisco Marroquí­n, Guatemala.
  • LLM in Information Technology Law at Stockholm University in Sweden.