Diego Martin
Partner
Consortium Legal - El Salvador
El Salvador
tel: (503)22983900
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Local Time: Sun. 11:20
Significant Accomplishments
- Leading Counsel and coordinator for Central America to MAPFRE in the Due Diligence Process and Merger Process of the multinational insurance company with GRUPO MUNDIAL. This transaction represented a US$211 million insurance merger, in which MAPFRE acquired 57 per cent of the shares of Aseguradora Mundial and Mundial Desarrollo de Negocio, subsidiaries from Grupo Mundial, creating the largest insurance group in the Central American region.- Counsel to SHELL in the selling process and obtaining of governmental approvals to sell its supply, distribution and marketing businesses in Central America to the Honduran conglomerate Grupo Terra.
- Leading Counsel to Grupo PROMERICA as lender in a syndicated loan granted to TACA INTERNATIONAL AIRLINES and Co-Borrowers for a total amount of US$100 million destined to finance a restructuration of its short term debt and its operations.
- Counsel to the Savings & Loan entity, Apoyo Integral, to obtain government authorization to operate in El Salvador.
- Counsel to multinational company, Saongroup.com in the acquisition of the portal of online recruitment Tecoloco.com. This transaction was the first acquisition of a DOT COM in the region.
- Counsel to Credit Suisse, Sydney Branch's for the negotiation and preparation of local security documents in the amount of $10,125,000.00 in relation to a facility agreement granted to a multinational company from New Zealand.
Professional Activities and Experience
- Former Legal Director of MAPFRE Asistencia, the assistance and reinsurance company of MAPFRE Group in El Salvador, with significant experience in Insurance Law.- Law professor at Dr. José MatÃas Delgado University.
- Law professor at Central American University (UCA) in the Program of Master in Finance, in the subject Corporate and Tax obligations.
The Legal Regime of Tax Returns in El Salvador
Consortium Legal - El Salvador
Speaking of compliance with tax obligations comes to our mind the duty to pay taxes (noun) as the Tax on the Transfer of Goods and Provision of Services (VAT) or Income Tax (ISR), which undoubtedly It is true; but equally certain it is that with the payment obligation exists another set of...
Why Do Signings Appoint For Young Attorneys?
Consortium Legal - El Salvador, March 2017
Today, we are at a time where two-generation professionals are actively developing and competing with each other within their own career. The well-known "millenials" or generation "Y", born according to some analysts between the years 1981 to 1999, and where the majors of this generation are already in the 36 years of life, and those of the generation X...
Additional Articles
- Author of: "El Rí©gimen Jurídico del Contrato de Seguro en El Salvador" (The legal regime of the insurance contract in El Salvador), 2009.
- Author of: "La reticencia, la agravacií³n del riesgo y la reticencia en el contrato de seguro bajo la legislacií³n salvadoreña" (Reticence, False Declaration and Aggravation of Risk in the Insurance Contract under Salvadoran Legislation), 2011.
- Author of articles:
"Benefits and fiscal incentives of the international services law" -May 2010 - International Financial Law Review.
"The merger of companies and tax effects in El Salvador" - June 2010 - International Financial Law Review.
"Employer substitution in El Salvador and its effects" -September 2010 "“Business Magazine-AmCham.
"Taxation in El Salvador" -January 2011 -Global Business Magazine.
"Legal analysis of the international services law" -May 2011 - El Economista Magazine.
- Author of El Salvador"™s Chapter -The Employment Law Review - Second Edition, 2011 -Law Business Research
© Consortium Legal - El Salvador, 2019
