About

Comprising of 20 legal and 25 non-legal members, the legal team of Impulsora del Desarrollo y el Empleo (IDEAL) provide legal advice in the area of environmental law and commercial litigation. The department is led by general counsel, Carlos Facha Lara who was appointed general counsel and secretary of the board after the financial group was spun-off and IDEAL was incorporated. Facha Lara was also concurrently appointed as general counsel and secretary of the board of Minera Frisco, a mining subsidiary of Grupo Carso, in addition to his role at IDEAL. Under his management the team has been influenced by his efficiency and motivation, resulting in the legal department drastically reducing reliance on external law firms and saving significant costs. The team is involved in all major transactions of the company, and last year the team was at the forefront of the partnership between IDEAL and Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan, establishing a new partnership, “Newco” in which IDEAL will retain a 51% ownership.