Gustavo-Adolfo Vargas R.

Partner, Nicaragua


  • Gustavo-Adolfo beginnings in Arias date to 2003, and since his reincorporation in 2013 in the Corporate department, his transactional practice involves structuring and drafting complex deals, often encompassing issues in the areas of Corporate Law and minority shareholders rights, Real Estate, Regulatory and other complex legal issues.
  • He has advised banks and international financial institutions as well as multilateral institutions in the granting of credits, including the structuring and negotiation of agreements. He has also participated in various local and regional mergers and acquisitions in industries as diverse as telecommunications, mining, hospitality and restaurants, and energy. Likewise, he has represented national and foreign investors in the purchases of properties as well as the structuring of important commercial transactions. He was appointed as a Partner in 2014.
  • His professional experience includes two and a half years in the Legal Division of the Inter-American Investment Corporation (IIC), member of the IDB group, where he was part of the team of lawyers in charge of financing in the form of direct loans and equity investments and lines of credit to local financial intermediaries, and in investment funds across all of the Latin American and Caribbean region.


  • Law degree (LL.B.) from the Universidad Americana, Managua, Nicaragua. 
  • He is authorized as a practicing Attorney and Notary Public in Nicaragua. 
  • Master of Laws (LL.M.) with emphasis in Business and Corporate Law from Northwestern University School of Law, Chicago, IL

  • Ranked by IFLR1000 as Highly Regarded for his practices in: Financial and Corporate, Project Development, Banking, and Project Finance.
  • Ranked in Band 3 for his practice in Corporate/Commercial by Chambers Latin America.
  • Ranked in Band 4 by Chambers and Partners Global for his Corporate/Commercial practice.
  • Listed by Whos Who Legal for his Environment, Energy and Natural Resources practices.


  • International Bar Association (IBA)

Client's feedback

  • Gustavo-Adolfo Vargas has noteworthy experience leading corporate and commercial matters for clients from sectors such as telecommunications and banking. His practice is focused on loan and bond financing, in addition to related regulatory issues. – Chambers and Partners Global
  • Gustavo-Adolfo Vargas continues to garner praise from market sources, with one particularly impressed interviewee stating: "He has very good legal knowledge and commercial awareness." The source goes on to praise Gustavo-Adolfo Vargas' soft skills. – Chambers and Partners Latin America
  • Gustavo Vargas comes highly recommended by peers for his incisive handling of complex energy transactions. – Who’s Who Legal
  • ‘Gustavo Vargas is always available to assist clients.’ – The Legal 500
  • "Gustavo-Adolfo Vargas is an excellent and very professional lawyer who provides quick answers to the requirements of the company. He has extensive experience in legal matters, and he is very receptive, communicative, and organised." - Chambers and Partners Latin America 2023.

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