Consortium Legal
More informationConsortium Legal houses a comprehensive banking and finance practice, which encompasses loans, securitisations, electronic banking and payment systems matters, and regulatory compliance, as well as the incorporation of financial companies and their authorisation by the Central Bank of Honduras. In particular, the team is commended for its prowess in cross-border matters, frequently joining up with the firm’s regional offices to handle Central America-wide mandates for a host of domestic and international financial institutions. The practice is led by the experienced trio of José Ramón Paz Morales (who is noted for his expertise in multi-jurisdictional transactions and banking regulation), Honduras managing partner José Ramón Paz Padilla (a seasoned expert in advising both lenders and borrowers on international finance matters) and Gustavo León-Gómez (whose practice has an emphasis on corporate and consumer finance and regulatory issues). José Rafael Rivera is also a key name at senior level.
Key clients
- Central America Bank for Economic Integration (Cabei)
- Seshat Bank
- Banco de Occidente (Panamá Branch)
- Citi Inmobiliaria
Work highlights
- Advised Seshat Bank, a local entity operating from the zone for employment and economic development (ZEDE) in Roatán, on a review of its anti-money laundering compliance programme.
- Acting as adviser to Cabei in Central America on the impact of the change of the Libor interest rate to the secured overnight financing rate (SOFR).
- Advising Banco de Occidente (Panamá Branch) on reviewing the credit documents for a credit facility of $10m to Honduran bank Banpaís.
Lawyers
Practice head
The lawyer(s) leading their teams.
José Ramón Paz Morales, José Ramón Paz Padilla, Gustavo León-Gómez