Author Archives: BLP

Costa Rica Introduces New Measures for the Management of Health-Related Products

The Costa Rican Ministry of Health has issued three important provisions for companies and professionals involved in managing health-related products: Reactivation of Rejected Applications: The Directorate of Health-Related Products Regulation will assess, on a case-by-case basis, the reactivation of previously rejected files with duly submitted appeals. The decision will take into account the ease of…

New Companies in Costa Rica Will No Longer Have a Legal Name in Their Corporate Title

As of May 2025, a reform to Costa Rica’s Commercial Code has come into effect, eliminating the requirement for legal names (corporate name or trade name) for corporations (S.A.) and limited liability companies (S.R.L.). Under this reform, newly incorporated companies will be identified solely by their corporate identification number (cédula jurídica), which is automatically assigned…

A new agreement aims to expedite patent grants in Guatemala

During the General Assemblies of the World Intellectual Property Organization (WIPO), the United States Patent and Trademark Office (USPTO) and the Intellectual Property Registry of Guatemala (RPI) signed a letter of intent to implement the Accelerated Patent Grant (APG) program. This program will allow applicants who already hold a granted U.S. patent to expedite the…

Investment Opportunity in Energy: Honduras Launches 1,500 MW International Tender

The National Electric Power Company of Honduras (ENEE) has launched a landmark International Public Tender for the procurement of 1,500 MW of firm capacity, with the goal of ensuring the country’s energy security through 2030. This ambitious initiative will be carried out through a reverse auction mechanism with successive rounds, designed to enhance market competitiveness, attract…

BLP advised IFX on the acquisition of Luminet

BLP advised IFX Networks on the acquisition of Luminet, also known as CRISP (Costa Rica Internet Service Provider S.A.), a Costa Rican company specializing in internet services and fiber optic connectivity, with more than 15 years of experience in the development and implementation of telecommunications projects.  This transaction allows IFX to strengthen its position in…

The Importance of Due Diligence in a Successful Purchase and Sale Agreement

https://blplegal.com/wp-content/uploads/2025/06/La-importancia-del-DD_FOTO-Aurora-Solis.jpg Aurora Solís Senior Associate Costa Rica E-mail What is due diligence, and why does it matter? As a purchase and sale transaction approaches closing—whether involving a company, real estate, or other valuable asset—it is natural for the parties to want to finalize it quickly. However, in the rush to sign, a fundamental step is…

BLP Named Central America Law Firm of the Year and Vivian Liberman Recognized as ESG Leader of the Year

BLP has been named “Central America Law Firm of the Year,” and partner Vivian Liberman has been awarded “Latin America: ESG Leader of the Year” at the 2025 Women in Business Law Awards. San José, June 17, 2025. During the Women in Business Law Awards ceremony held in New York City, BLP received two of…

Reorientation in the Enforcement of the FCPA: New Guidelines Establish Priorities for Latin America

Reorientation in the Enforcement of the FCPA: New Guidelines Establish Priorities for Latin America After months of uncertainty following the temporary suspension of the enforcement of the Foreign Corrupt Practices Act (“FCPA”), the U.S. Department of Justice issued new guidelines that resume its implementation, this time with an approach that may lead to increased scrutiny…

New Reforms to the Honduran Credit Card Law: Transparency and Financial Consumer Protection

In April 2025, Honduras enacted major reforms to its Credit Card Law through Decree No. 34-2025. These changes aim to strengthen financial consumer rights and increase transparency in interest calculations and in-person transaction security. In this blog post, we break down the key reforms and their practical implications. Fair interest calculation – Article 36 Financial…