President: Carlos Valverde
Managing Partner: Sergio Solera
Number of partners: 15
Number of associates: 18
Managing Partners: Carlos Valverde, Sergio Solera
FACIO & CAÑAS was founded in 1942 and since then has provided services with the highest level of excellence to the local and international community. As of today, FACIO & CAÑAS is one of the largest and most reputable law firms in Costa Rica. The firm is the exclusive representative in Costa Rica of:
■ Lex Mundi: the largest and most prestigious association of independent law firms, (over 21,000 attorneys in 160 law firms and over 100 countries around the world)
■ Club de Abogados: The most traditional association of law firms of Europe and Latin America
Main Areas of Practice:
Arbitration & Mediation:
The firm’s attorneys apply the latest trends in negotiation, mediation, arbitration and other mechanisms for alternative dispute resolution. Close links are kept with ICSID and AAA.
General Corporate Representation:
The firm represents a large number of international companies in the process of establishing and keeping a local operation.
FACIO & CAÑAS’ expertise in regulatory and insurance matters is a valuable asset for those companies with an interest in participating in this industry.
The firm’s litigators are renowned for handling the most complex cases in civil and commercial litigation for local and international companies.
Mergers & Acquisitions, International Business & Financial Transactions:
With a vast experience in cross border transactions, the firm is an active part of some of the largest capital transactions taking place in Costa Rica.
FACIO & CAÑAS has assisted in the development of new business opportunities and solutions for foreign and national clients in residential, tourism, industrial and commercial projects and transactions.
Specialised Practice Groups:
The firm has set up specialised practices in strategic areas of business law:
■ FAYCA MARK: Intellectual Property
■ FAYCA TAX: Tax Planning and Litigation
■ FAYCA LABORAL: Employment issues with a business oriented focus
■ FAYCA MIGRACIÓN: Immigration Law and Expat Relocation
■ FAYCA GOBIERNO: Administrative Law and Government Affairs (constitutional and regulatory matters, government litigation, government procurement and contracts, and public concessions)
■ FAYCA AMBIENTAL: Environmental law issues, including compliance and due diligence
■ FAYCA TMT: TMT issues (regulatory matters, personal information protection, technologyrelated contracts, and compliance with national and international regulation)
FACIO & CAÑAS has traditionally represented clients in the most significant local and cross border transactions.
Some of the most relevant transactions are:
■ Representing Intel in the establishment of a large manufacturing plant in Costa Rica
■ Representing Marriott International in licensing, and operation of various hotels of the Marriott chain in Costa Rica
■ Representing McDonald’s Corporation in the purchase of the McDonald’s franchises in Latin America by Arcos Dorados, valued at US$700 million
■ Representing St. Jude Medical who was acquired globally by ABBOTT and all legal work to implement the transaction locally
■ The participation in an international team of attorneys dealing with a major litigation case in Nicaragua appraised approximately in US$17 billion (currently under way)
■ Representing McGraw-Hill in the restructuring of its employment practices and procedures in Central America and Peru
■ Representing a syndicate of banks, including EXIM Bank, IPEX, KfW and Natixis in an international credit operation for the renewal of TACA Airlines fleet renewal with Embraer airplanes, valued at US $897 million
■ Conducting a regional scale study on all environmental regulations related to renewable energy affecting Central America, Panama and the Dominican Republic for the Central American Development Bank (CABEI)
■ Representing Smurfit Kappa in the acquisition of two local operations
AT&T, Access Corp., Alcatel-Lucent, Abbott, Amway Corporation, American Standard, Bank of America, BAT, BNDES, Bridgestone, Critical Mass Holding, Caterpillar, CISCO, Coca-Cola, Corporación Multiinversiones, Dell, Dole, Fujitsu, Femsa, General Electric, Intertec, JP Morgan Chase, Kellogg, KfW, Lanco Paints, Marriott International, McDonald’s, Microsoft, Monte Freshfruit, Oracle, Pfizer, Samsung, Southwest Airlines, St. Jude Medical, UBS, Nomura