Author Archives: BLP

New Regulation for the Authorization of Health Products in Free Trade Zones Enters Public Consultation

The Costa Rican Ministry of Foreign Trade and the Ministry of Health have issued a regulation, which is currently under public consultation, to authorize the entry into the free zone regime of products of sanitary interest or their raw materials without the need to process a sanitary registration or notification when such products meet the…

BLP double wins LatinFinance Project & Infrastructure Finance Awards for Landmark Renewable Energy Financing with EnfraGen

October 10, Central America.  BLP was honored as the LatinFinance winner of its 2024 Project & Infrastructure Finance Awards, where our representation on behalf of our client, EnfraGen, won the awards of Infrastructure Law Firm of the Year: Central America and Renewable Energy Financing of the Year.  Our counsel played a pivotal role in this…

BLP advised FMO on a loan facility extended to Banco de Antigua, S.A.

BLP advised Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) on a loan facility granted in favor of Banco de Antigua, S.A. in Guatemala, in a principal amount of up to $15 million.   This loan facility will enable Banco de Antigua to grant micro-loans to micro-entrepreneurs in rural areas in Guatemala, contributing to a positive impact on…

BLP advised JCDecaux on the acquisition of a majority stake in IMC

BLP advised JCDecaux on acquiring a 70% majority stake in IMC, a leading out-of-home advertising company operating in Central America, Colombia, and Panama, through its majority-owned subsidiary, JCDecaux Top Media S.A. As part of the transaction, the remaining IMC shareholders contributed their 30% shares in IMC in exchange for a 9% stake in a newly…

Management and Defense of Intellectual Property in Organizations

Author https://blplegal.com/wp-content/uploads/2024/08/ART-Propiedad-Intelectual_FOTO.png Marleni García Associate Guatemala E-mail Ongoing intellectual property (IP) management involves strategic decisions on exploiting, defending, and transferring an organization’s intangible assets. These processes are vital for maximizing the value of IP assets and ensuring their protection in a competitive environment.  Management of the Intellectual Property Portfolio  Effective management of the IP portfolio…

Strategies for Identifying and Protecting Intellectual Property Assets

Author https://blplegal.com/wp-content/uploads/2024/08/ART-Propiedad-Intelectual_FOTO.png Marleni García Associate Guatemala E-mail Protecting intellectual property (IP) assets ensures an organization’s competitiveness and long-term success. This task begins by identifying intangible assets and continues with the implementation of robust protection strategies.  Identification of Intellectual Assets  The first step in managing Intellectual Property is identifying the intellectual assets within an organization. This…

New SAT Resolution – Authorization of Third Parties in Guatemala

On August 9, 2024, Guatemala’s Superintendency of Tax Administration (SAT) published resolution SAT-DSI-1310-2024 in the Diario de Centroamérica. This regulation establishes the administrative provisions to enable authorized third parties, such as Lawyers and Notaries, Public Accountants and Auditors or Expert Accountants, to carry out procedures in the Digital Unified Tax Registry on behalf of taxpayers…

BLP advised Bain Capital in investments in MRO Holding

BLP has advised Bain Capital Special Situations on its preferred equity investment in MRO Holding, Inc., a world-class aircraft maintenance repair and overhaul company operating in El Salvador, México, Colombia, and the United States and which is a holding of Aeromantenimientos S.A., a leading provider of airframe heavy maintenance in El Salvador. The first tranche…

Is it possible to collect an electronic promissory note or bill of exchange?

Author https://blplegal.com/wp-content/uploads/2024/07/ART-Letra-de-cambio-y-pagare-electronico_FOTO.png José Pablo Rojas Director Costa Rica E-mail For those who had the opportunity to read the two previous articles (and if not, the link is here), you will remember that we are already clear that in Costa Rica, it is valid to issue electronic promissory notes or bills of exchange (whether “electronified” 1or…