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Consortium Legal - El Salvador

Marcela Zelaya

Marcela Zelaya



  • Administrative
  • Banking
  • Corporate Law
  • Financial Law

WSG Practice Industries


WSG Leadership

Aviation Group
Compliance Group
Energy Group
Mergers & Acquisitions Group
Women's Professional Forum Group
Marcela is an associate at Consortium Legal – El Salvador. With more than 15 years of experience in the sectors of energy, aviation, regulated sector and she has experience in corporate, financial, capital markets, mergers and acquisitions and foreign investment. In addition, she provides advice on intellectual property procedures, registration and defense of trademarks, criminal actions on copyright violations. She also gives counseling in arbitration proceedings and alternative dispute resolution under the rules of the Center for Medication, Conciliation and Arbitration of the Chamber of Commerce and Industry of El Salvador; and under the rules of the International Chamber of Arbitration of the International Chamber of Commerce (ICC). Currently, she works in the corporate area specializing her practice in foreign investment and international trade, and the regulated sector.

During her career, she has been a legal advisor in procedures for authorization of flight operations before the Civil Aviation Authority; Operation of Airlines before AAC, Port Executive Commission (CEPA) and the General Directorate of Customs and regulatory bodies by the Superintendence of the Financial System to obtain authorizations to start operations in El Salvador.


Degree in Jurisprudence and Social Sciences, Universidad Dr. Jose Matías Delgado, El Salvador
Diploma in International Arbitration (FESPAD)
Postgraduate Course Aviation Law and Regulations
Areas of Practice

Administrative | Banking | Corporate Law | Financial Law | Regulated Sector

Professional Career

Significant Accomplishments

Legal advice in the authorization process before the Superintendency of the Financial System of the company TRANSUNION EL SALVADOR, S.A. DE C.V. for the establishment of its operations in El Salvador as a Data Information Agency.
Consulting in the process of acquiring the total shares of Inversiones Financieras Scotiabank El Salvador S.A., a financial conglomerate made up of Scotiabank El Salvador, Scotia Seguros and subsidiaries in El Salvador by the entity IMPERIA INTERCONTINENTAL INC.; as well as obtaining regulatory authorizations from the Superintendency of Competition and Superintendency of the Financial System for the closing of the stock purchase operation between The Bank of Nova Scotia and the company IMPERIA INTERCONTINENTAL INC.
Consulting in the process of obtaining a National Air Operator Certificate from VUELA EL SALVADOR, S.A. de C.V. (VOLARIS) for the start of operations as a local national airline in the Republic of El Salvador before the Civil Aviation Authority (AAC).


Electric Sector in El Salvador
Consortium Legal - El Salvador, July 2019

At the end of the 19th century, mechanisms that transformed natural resources into energy began. The conception of electricity as a private good, which fosters economies of scale and the promotion of transmission and generation megaprojects in the sector, consciously and interestedly omit sustainable energy alternatives from a social and environmental point of view. The causes that leave aside this type of projects are based on the lack of economic profitability for investment interests...

Additional Articles

"Analysis of new Commercial Laws: Business Restructuring and Bankruptcy Law and Special Pledge Law" (2008).

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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