In today’s market, a company can implement several types of Compliance programs and the application and scope of each vary according to the needs and requirements of the business. In general, in Nicaragua, we are all obliged to comply with the law and all criminal, tax, civil, labor regulations, as well as the specific regulations…
Author Archives: blp_admin
23
Aug
Aug
The way in which companies promote their products has changed. Currently, to the detriment of traditional advertising channels, many companies resort to the use of opinion leaders or “influencers” on social media to promote their brand. This practice has created a boom for some persons such that a tweet or publication on Twitter or Facebook…
23
Aug
Aug
The yo-yo, chicle, velcro, and jacuzzi seem to have nothing in common. However, all share the ignominy of having been trademarks that became common nouns. That is why, for example, when mentioning a jacuzzi, one may think of a “hydromassage bathtub” (definition given by the Royal Spanish Academy) and not associate the word with a…
23
Aug
Aug
“Clauses agreed upon without due care may bring penalties to companies” The non-compete clause is a contractual obligation widely used in the business universe and can be perfectly valid and applied to different types of contracts, whether they are governed by labor law, commercial law and even antitrust law. However, a non-compete provision must meet…
23
Aug
Aug
Since the entry into force of the Law for the Protection of the Person against the Processing of their Data (Data Law), the importance of this topic in Costa Rica has increased. Likewise, the risk assumed by companies when handling personal information is increasing. In the past year alone, the Data Protection Agency (PRODHAB) has…
21
Aug
Aug
Convention for the Harmonization of International Taxation on Commerce among the States Parties of the Central America Custom Union The Legislative Assembly has ratified the Convention for the Harmonization of International Taxation on Commerce among the State Parties of the Central American Customs Union. The purpose of this Convention is to harmonize the different taxes on…
21
Aug
Aug
Social media represent new challenges for those of us who work in the field of Intellectual Property. The unauthorized use of trademarks and their counterfeiting occur today in an environment that requires a different approach. Social media, and particularly Instagram is the new “go to location” for the promotion and development of brands, through full interaction with consumers…
21
Aug
Aug
Interesting changes are taking place in the Honduran market, thanks to technological advances in the electric power sector, where consumers and commercial/industrial companies can install self-consumption electrical energy systems in order to reduce usage, protect the environment and especially to reduce the amount of the electric bill. This practice is being implemented by entry into force…
21
Aug
Aug
On November 28, 2018, the Law of Support for Micro and Small Enterprises entered into force, a law that seeks to promote the formalization of small and micro enterprises, in turn, providing benefits for their operation and functioning that favors them to achieve the desired economic growth. It is important to mention that prior to…
21
Aug
Aug
On January 21, 2019, a Bill was introduced to the Economic Affairs committee that would re-establish Costa Rica as one of the foremost countries in the conservation of natural resources and the fight against pollution. This project proposes an ambitious regulation that would prohibit public purchases of single-use plastics, prevent the production and import of…