Ignacio Andrade Aycinena

Ignacio Andrade Aycinena
Guatemala City
+502 2317 1515


Who's Who Legal Central America - Data, Telecoms & Media

Ignacio Andrade is managing partner of Asensio Andrade Flores. With over 30 years of professional experience he has participated in important transactions, working with well-known companies such as BellSouth, Generadora Eléctrica del Norte, Banco G&T Continental, British American Tobacco Central America, SBA Communications and Tigo. Mr Andrade specialises in transactional, corporate and commercial, financial, tax, labour and alternative dispute resolution issues for local and foreign companies, particularly in telecommunications, banking and energy.

In the telecommunication sector he has successfully negotiated more than 15 interconnection agreements and foreign carrier services agreements, some of which are worth more than US$300 million. He has more than 15 years in dealing with issues with the telecommunications regulator and settlement and litigation of disputes with other operators. He successfully challenged a tax law for telecommunications services in Guatemala. Community relations dispute in the installation of telecommunications equipment is among other areas of action of Mr Andrade Aycinena.

His experience in the banking sector includes consulting in the constitution of trusts and various financial and banking products, as well as their participation in opinions and consultancies in relation to the hiring of international bank loans with the Central American Bank for Economic Integration (CABEI), the International Finance Corporation (IFC), the Inter-American Development Bank (IDB) and Banco de los Trabajadores y Seguros de Occidente.

He is an arbitrator-designate for the arbitration and conciliation centre of the Chamber of Commerce of Guatemala (CENAC) and for the dispute resolution committee of the Chamber of Industry of Guatemala (CRECIG) and advisory counsel in arbitrations with the International Chamber of Commerce (ICC) and the American Arbitration Association (AAA).

His experience in litigation and arbitration is related to disputes in distribution agreements, telecommunications and a variety of energy sectors, as well as extensive experience in intellectual property litigation, successfully handling trademark and copyright objections.

WWL says: Ignacio Andrade Aycinena is a pre-eminent name in the Guatemalan market. Sources praise him highly for over 30 years' experience in the field, acting as both litigator and arbitrator for clients.

This biography is an extract from Who's Who Legal: Central America which can be purchased from our Shop.

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