Edificio Avante Local 313, Urb Madre Selva III
Calle Llama del Bosque Poniente
La Libertad
El Salvador

+503 2209 1600

+503 2298 3939

Key contacts:

Partner: Oscar Samour
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Partner: Maria Alejandra Tulipano
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Partner: Diego Martín
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Quick facts:

Number of lawyers: 20
Network memberships: INTA, IBA, ASIPI, AMCHAM, WSG, TRACE
Languages: Spanish, English, French, German

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

Oscar Samour

Recent transactional highlights:

Deal name 1 - Loan Agreement to Avianca Holdings, S.A. (“AVH”).

Client(s) advised - United Airlines, INC and Kingsland International Group, S.A. (together the “Lenders”)

The Lenders granted a loan agreement for US$250,000,000.00 to Avianca Holdings, S.A., a corporation organized under the laws of Panama. The funds are going to be used for the strengthening of Avianca’s finance worldwide.

Consortium provided legal advice to the Lenders in the review of the loan agreement under Salvadoran laws perspective, as well as in drafting the Salvadoran security document (pledge agreement over Avianca El Salvador shares) and review under Salvadoran laws of the legal opinion to be issued by the Borrower’s counsel in relation to the financing.

In addition, Consortium provided legal advice related to registration of the security document, endorsement of the share certificates, annotation of the pledge in shareholder’s registry book, and tax impact of the transaction in El Salvador.

Deal name 2 - Imperia Intercontinental INC

Client(s) advised - Imperia Intercontinental INC (“Imperia”) and Inversiones Imperia El Salvador, S.A. de C.V. (“IMPES”)

Banco Latinoamericano de Comercio Exterior (“BLADEX”), acting as administrative agent and lender (among other lenders) granted a loan to Imperia for the amount of US$100,000,000.00. The proceeds were used by Imperia for the payment of a portion of the purchase price of Scotiabank El Salvador’s shares.

Consortium provided legal advice to Imperia and Impes in the review of the Credit Agreement, security documents, and other ancillary documents under Salvadoran law perspective and elaboration of the legal opinion.


Maria Alejandra Tulipano

Recent transactional highlights:

Deal name 1 - VOLARIS

Value - USD $1,300,000.00 approximately in El Salvador

Client(s) advised - VOLARIS

Volaris, is an ultra-low-cost airline with flights throughout Mexico, the US, Costa Rica, Guatemala, and El Salvador. Volaris offers low-cost airline tickets to develop the market, offering Customers high-quality service and a wide range of products.

The corresponding permissions were validated by May 31st, 2019. This is an ongoing project; it is expected to be operating by September 2019.

Consortium Legal El Salvador, advice VOLARIS to obtaining authorization from the National Air Operator Certificate (COA) to start operations as local national airline in El Salvador before the Aviation Civil Authority (AAC).


  • 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

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