Author Archives: BLP

How to prepare for an M&A transaction: A Costa Rican Perspective

Authors https://blplegal.com/wp-content/uploads/2024/06/Articulo-RTBF-CR-2024_Adriana-Castro.png Adriana Castro Partner Costa Rica E-mail https://blplegal.com/wp-content/uploads/2024/07/ART-Fusiones-y-Adquisiciones-en-CR_Diego-Quiros.png Diego Quiros Associate Costa Rica E-mail In the dynamic business world, mergers and acquisitions represent a powerful tool for the growth and consolidation of companies. However, the complexity and challenges inherent in these transactions can create uncertainty and anxiety. In this context, we firmly believe that…

Mandatory Registration in the Honduran Simplified National Registry of Employers

The Secretariat of State in the Offices of Labor and Social Security has issued a significant announcement affecting all private companies, employers, organizations of civil society, public institutions, and the Honduran public. Here are the key points summarized:  Mandatory Registration in SIHCLA: Starting July 20, 2024, all entities must register in the Honduran Labor Cases…

The Effective Response to Overloaded Courts

Author https://blplegal.com/wp-content/uploads/2024/07/ART-Nearshoring-y-su-Impacto-en-Guatemala_FOTO.png Rodolfo Salazar Partner Guatemala E-mail Guatemala and various other countries face a scenario where the courts are overloaded with cases. This situation has led to long waiting times for court rulings, resulting in slow and sometimes ineffective access to justice. In this context, arbitration emerges as an alternative method of conflict resolution that…

Nearshoring and its impact on Guatemala

Author https://blplegal.com/wp-content/uploads/2024/07/ART-Nearshoring-y-su-Impacto-en-Guatemala_FOTO.png Rodolfo Salazar Partner Guatemala E-mail The “nearshoring” strategy is emerging as an increasingly popular business approach, offering companies a clever alternative to traditional outsourcing models. Unlike “offshoring,” which typically involves relocating operational processes to distant countries, nearshoring focuses on relocating these operations to countries that are geographically closer to the company’s primary market. …

New structure and modifications for the sanitary registration of prepackaged foods in Guatemala

The Ministry of Health of Guatemala will implement a series of changes in the procedure and requirements for the sanitary registration of prepackaged foods, starting August 5, 2024, following the entry into force of the Central American Technical Regulation 67.01.31:20 Processed Foods. Procedure For the Granting, Renewal, and Modification Of Sanitary Registration.  The new regulation…

Is it possible to endorse 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 have joined me in this analysis since the previous article (and if you have not read it, I invite you to do so), you may remember that we considered the scope of Law No. 8454, Law on Certificates, Digital Signatures and Electronic Documents…

Electronic bills of exchange and promissory notes, are they a reality?

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 Costa Rica (like the rest of the world) has been modernizing to provide agility to transactions of various kinds that occur at the commercial and banking level, as well as for the relationship between those administered and the State.  Undoubtedly, one of the most important steps…

BLP Commitment to Inclusion and Diversity: Signing of the San José Declaration

Around 50 companies and organizations have committed to the San José Declaration, which establishes ten fundamental principles against discrimination based on sexual orientation, gender identity, and expression, and in favor of the promotion of the Human Rights of lesbian people, gay, bisexual, transsexual, transgender, and intersex (LGBTI). The Business Alliance for Development (AED), Pride Connection…