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Carlos Tellez
Carlos Eduardo Téllez Paramo
Managing Partner
info@praelegal.de
 

CARLOS EDUARDO TÉLLEZ PÁRAMO

Garcia & Bodan

Carlos Téllez is Managing Partner of García & Bodán Managua, Nicaragua.

He is a recognized lawyer in Nicaragua who has advised recognized multinationals on major transactions in a variety of industrial sectors, primarily in the financial sector, telecommunications, infrastructure, distribution, trade, services and real estate. Moreover, he has participated in the review process to present amendments and motions of laws, decrees and draft laws before the National Assembly of Nicaragua.

Chambers Latin America quoted: Carlos Téllez stands out to clients for his “competent handling of fiduciary and complex offshore structuring issues.” One source adds: “He is a committed, hard-working professional.”

Carlos has structured trusts with the main banks of Nicaragua and he actively participates in the activities of the Latin American Congress of Trust (COLAFI, by its acronym in Spanish).

PRACTICE AREAS

  • Corporate-Commercial
  • Trusts
  • Banking and Finance
  • Mergers and Acquisitions

RECOGNITIONS

  • Corporate-Commercial, Chambers Latin America, 2009-2018.
  • Corporate-Commercial, Chambers Global, 2008, 2011, 2013.
  • Financial and Corporate, IFLR1000, 2011, 2016-2018.
  • Real Estate and Construction, Who’s Who Legal Central America, 2017.

REMARKABLE EXPERIENCE

  • Counseled a Central American beverages company in relation to the merger of two of its wholly owned companies in Nicaragua.
  • Counseled Princess Hotels of Central America in the sale of shares of its subsidiary companies in Nicaragua, owners of Hotel Hilton Princess Managua, one of the most exclusive hotels in the capital of said country.
  • Counseled in the incorporation and registration of the first Management Company of Investment Funds in Nicaragua. The authorization granted by the Superintendence of Banks and other Financial Institutions (SIBOIF) marks a historic milestone in Nicaraguan financial system as Invercasa’s SAFI is the first Management Company of Investment Funds approved to operate in Nicaragua.
  • Counseled in the establishment of a USD 8 million trust fund to hold and manage prime real estate property which will be developed in the coming years.
  • Counseled to the client in the process of implementing a solar energy project to provide between 60% and 70% of the electricity needs of their production plant in Nicaragua. The project is one of only three solar energy projects in the nation.
  • Counseled Grupo IDC in their USD 2 million acquisition of an office and warehouse building in Managua for a leaseback operation.
  • Counseled several multinational companies to document and formalize their relationships with long-standing Nicaraguan distributors, in order to preserve the commercial terms and agreements which have developed in practice, and to avoid potential risks by way of distributors’ claims against our clients’ interests.
  • Counseled to the buyer, a Guatemalan real estate developer, in their purchase of real property for the development of premium residential projects in Managua.
  • Counseled in the due diligence, negotiations and sale structuring of its shareholding of the company Servicios Médicos Especializados, S.A. which operates the Hospital Central Managua “Dr. Cesar Amador Kuhl”, one of the largest private hospitals in Nicaragua.
  • Counseled the stock brokerage house Invercasa in structuring the first issuance of “Preferred Stocks” of the issuing entity Corporación Agrícola, S.A. (AGRICORP) for USD 10 million.
  • Counseled and represented Empresa Industrial Arrocera Altamira, S.A. (IAASA) in a USD 13 million dollar sale of assets, being the sellers from Costa Rica and the buyers from Nicaragua.
  • Counseled Baker Hughes in obtaining a license for the import and use of radioactives before the Ministry of Health (MINSA, for its acronym in Spanish) and a license for the import and use of explosives before the General Directorate of Arms, Ammunitions and Explosives (DAEM, for its acronym in Spanish) as well as other permits related to the import of explosives, for its subsidiary in Nicaragua BJ Services de Nicaragua, S.C.R.L.
  • Counseled and represented Intelsat, Satmex y Eutelsat in the process of inclusion of new satellites, replacement and relocation service network for landing satellite signal in Nicaragua.
  • Advice on the acquisition of Hotel Camino Real in Nicaragua; in which the firm acted as counsel to the sellers and carried out the successful sale of the hotel to a Spanish group.

PUBLICATIONS & LECTURES

  • Author of articles of legal opinion published in the most important newspapers of Nicaragua and in business magazines in Central America.
  • Speaker on trusts issues in the principal universities in Nicaragua, 2015 – 2016.
  • Contribution in Annual Report of World Bank and the International Finance Corporation “Doing Business”, 2009-2015, 2018.
  • Contribution in Report of World Bank and the International Finance Corporation “Women, Business and the Law”, 2012, 2014.
  • Professor of Tourism and Commerce – American College University, Nicaragua 2008.
  • Co-author of the article “Leasing in the Central American Region” – Estrategia & Negocios Magazine, 2008.
  • Lecturer related to labor and tax issues at the Official Investment and Export Promotion Agency of Nicaragua (PRONicaragua) and financial legislation amendments and proposals to Executives of Banco de la Producción (Banpro).
  • Co-author “Legal Aspects of the Transitional Government in Nicaragua”, 2000.

MEMBERSHIPS

  • Coordinator of the Legal Commission of the Superior Council of the Private Enterprise in Nicaragua (COSEP).
  • Member of the Board of Directors of García & Bodán Trust Co.
  • Member of the Committee of the Anti-Money Laundering (AML) and the Financing of Terrorism (FT) of INVERCASA Puesto de Bolsa and INVERCASA – SAFI.
  • Member of the Board of Directors and Audit Committee of INVERCASA Puesto de Bolsa.
  • Member of the Board of Directorand Audit Committee of INVERCASA – SAFI.

EDUCATION

  • International Program Diplomat on Business Management for Lawyers – INCAE (Costa Rica), 2015.
  • Executive Program “Legal Aspects of International Business” – Georgetown University Law Center and INCAE (Nicaragua), 2008 –2009.
  • Graduated in Law(Valedictorian) – Universidad Nacional Autónoma de Nicaragua (UNAN-MANAGUA), 1999.
  • Admitted to practice as Attorney since 2001 and as Notary Public since 2002.

LANGUAGES

  • Spanish
  • English