David Claros

• Corporate-Commercial
• Transactional
• Mergers and Acquisitions
• Purchases and Contracting of Goods and Services
• Trusts
• Anti-Trust
• Free Zones
• Banking
• Finance
• Aeronautic
• Non-governmental Organizations and Foundations
• Immigration
• Social Security
• Labor

• Corporate/Commercial, Chambers Latin America, 2019-2026.
• Corporate/M&A, Legal 500, 2019, 2021, 2023.

• Counseled First Cash Financial Services, a US-based leading pawn house company, in their US $7 million acquisition of Maxiprenda El Salvador, S.A. de C.V., a pawn house company with operations in Mexico, Guatemala and El Salvador.
• Advised Proyecto Bodegas El Salvador with a project for the construction of a US $12 million warehouse complex.
• Represented the client, a leading US-based multinational company, in the defense against a US $3.5 million lawsuit filed by one of their distributors for an alleged breach of the distribution contract.
• Assisted Grupo Ecos and SI Capital in the acquisition of a minority stake in Escotel Investments, S.A., an investment vehicle of Enertika, an engineering company based in Spain, and a world leader in power generation and energy efficiency.  The advice was provided in Guatemala, El Salvador and Nicaragua.
• Legal advice and assistance to ThermaSource, a leading US-based international provider of services in the geothermal energy sector, the advice consisted in the formation of a new company in El Salvador. As a result, he counseled the client in the establishment of an industrial pledge for US $12 million in order to ensure the credit obligation with the lender.
• Legal counsel to our client, a service company in the energy sector, in labor issue regarding an employee outsourced through a company responds to demands in human resource management.
• Advised on public liability, criminal, consumer and data protection issues for use of a new application in El Salvador and Honduras that the company was planning to launch in these countries.
• Advice to medium and large companies, as well as to Chambers of Commerce, regarding compliance with legal standards for combating money laundering.

• Contribution for the World Justice Project Rule of Law Index 2015-2020.
• Contribution in Annual Report of World Bank and the International Finance Corporation “Doing Business”, 2009, 2012-2019.
• Contribution with El Salvador section of the Baker & McKenzie´s publication “International Agency & Distribution Handbook – Latin America”, 2016.
• Contribution in Report of World Bank and the International Finance Corporation “Women, Business and the Law”, 2014.

• Member of the Labor Committee of the American Chamber of Commerce of El Salvador (AmCham).
• Former Vice President of the Board of the Brazilian Chamber of Commerce of El Salvador.
• Former Chairman of the Advisory Committee of Young Entrepreneurs and Professionals Chamber of Commerce and Industry of El Salvador (CCIES).
• Former member of the Young Leadership Committee of the American Chamber of Commerce of El Salvador (AmCham).
• Former member of the Centre for Legal Studies of El Salvador (CEJ) and member of the Committee on Legal Affairs.

• Admitted to practice as Attorney since 2011 and as Notary Public since 2014.
• Graduated in Law – Universidad “Dr. José Matías Delgado” (UJMD), May 2011.

Languages

• Spanish
• English