Ricardo Cordero Baltodano

Ricardo Cordero Baltodano is a partner at Cordero & Cordero Abogados, where he leads the firm’s Banking and Finance, Insurance and Reinsurance, Foreign Investment, and Free Trade Zones practices. He is widely recognized by leading legal directories such as Chambers & Partners, IFLR, and The Legal 500 for his expertise in banking & finance and insurance law, and has authored articles on Costa Rican law in these fields.

His practice includes advising local and foreign companies investing and operating in Costa Rica. He frequently structures financing and arranges loans for national and international creditors, with a strong focus on regulated industries. He is experienced with assisting entities entering or managing activities under the Free Trade Zone Regime, and guiding clients through acquisitions, mergers, and dissolution processes. Ricardo also advises on both standard and complex real estate transactions, with experience in condominium law, due diligence, maritime zone law, and the legal aspects of real estate developments. In the insurance sector, he provides guidance to insurance companies, reinsurers, and intermediaries operating under Costa Rican law.

Ricardo earned his LL.M. from Georgetown University Law Center and obtained his Bachelor of Laws with honors from the University of Costa Rica. He also completed the “Foundations of American Law” course at Georgetown and served as Captain of the Philip C. Jessup International Debate Competition Team. In addition, he has pursued specialized courses in insurance, finance, banking law, and real estate law.

Earlier in his career, Ricardo gained international experience as a foreign associate in the International Trade practice of Thompson Hine LLP in Washington, D.C.

He is an active member of several professional organizations, including the Costa Rican Bar Association, the Costa Rican-American Chamber of Commerce (AMCHAM), the Costa Rican-British Chamber of Commerce (BritCham), the American Bar Association, and the Inter-American Bar Association. He is also a co-author of chapters for The International Comparative Legal Guide to Lending & Secured Finance and Insurance & Reinsurance.

Cordero & Cordero Abogados provides legal advice on all banking and financial matters. The firm assists clients with the preparation, review, and updating of a wide range of banking contracts, as well as offering counsel on financing agreements and related securities.

Its services also extend to security trusts, management, and trusts, ensuring comprehensive legal support across the financial sector.