Convention 169 on indigenous and tribal peoples, promulgated by the International Labor Organization (ILO), stands as one of the most emblematic instruments in the protection and recognition of human rights at the international level. Adopted in 1989, this treaty seeks to change the historical narrative of marginalization and exclusion that indigenous peoples have faced, giving…
Author Archives: BLP
Analysis, Blog, Environment, Health & Safety, Environmental, Social and Governance (ESG), Guatemala
Corporate Balance: Legal Protection of Minority Shareholders
16
Jan
Jan
Corporations, as essential economic engines, are not only structures for investment and capital growth, but are also scenarios for human relations and rights. Within them, we find a diversity of shareholders, from those who own large portions of the shares to those who have a more limited participation. The latter, known as minority shareholders, are…
Analysis, Blog, Environment, Health & Safety, Environmental, Social and Governance (ESG), Guatemala
Sowing Opportunities: The Potential of Agriculture in Guatemala
11
Jan
Jan
Agriculture, in the heart of Guatemala, is intertwined with the country’s history, traditions and economic aspirations. Over the centuries, from ancient Mayan civilizations to modern farmers, Guatemalan lands have witnessed crops that have fed and clothed generations. This sector has not only sustained the national economy by being a primary source of exports, but has…
20
Dec
Dec
https://blplegal.com/blp-web-2021/wp-content/uploads/2023/12/Newflash-Asuetos-2024-Costa-Rica_FB-TW-LK-IG-WT-ENG-1.jpg
20
Dec
Dec
Guatemalan Government published Agreement No. 307-2023, in Diario de Centroamérica on December 19, 2023, making official the minimum wages by sector to take effect on January 1, 2024. 1. Department of Guatemala (Economic District 1) Employment sector Day shift Mixed shift Night shift Daily pay Monthly pay Incentive pay Monthly total Agricultural Q.13.39 Q.15.30 Q.17.85…
23
Nov
Nov
We are delighted to announce that BLP has won recognition as one of Latin Lawyer’s prestigious Leading Lights for 2023—a testament to our unwavering commitment to fostering a robust pro bono culture in Central America. Latin Lawyer acknowledges the law firms that have made significant strides in advancing pro bono initiatives, and once again, BLP…
Analysis, Blog, Costa Rica, Free Trade Zones
Services: The Other Side of Exports in the Free Trade Zone Regime and the Challenges Involved
21
Nov
Nov
In Costa Rica, we usually associate the free trade zone (FTZ) with the export of goods, most often medical devices. However, according to COMEX statistics, the country’s export of services has had an annual growth rate of 6%, reaching a staggering $11.79 billion in 2022, with a substantial portion of such exports centered on technology….
Analysis, Blog, Guatemala
Corporate Shield: Protect Your Share Participation and your Society in Guatemala.
20
Nov
Nov
The corporate environment is complex, and shareholdings are one of a company’s most sensitive areas. Unfortunately, many entrepreneurs are unaware of legal risks that could undermine their corporate structure. One of these dangers, unfortunately on the rise, is the theft of shareholdings through falsified documents. In many cases, this fraudulent act can have devastating consequences…
Blog, Business Law, Costa Rica, El Salvador, Honduras, News, Nicaragua
BLP advises Grupo Unicomer on a syndicated loan for US$350 million
16
Nov
Nov
BLP, renowned for its prowess as legal counsel, has provided pivotal advice in a US$350 million loan transaction granted to Grupo Unicomer by a pool of syndicated banks, where several subsidiaries of Unicomer in LATAM and the Caribbean have acted as guarantors. Our legal guidance spanned the entire process, from negotiations to signing the credit…
Blog, Costa Rica, Global Mobility & Relocation, News
Extension of the time of entry visa for tourist group 1
31
Oct
Oct
The General Directorate of Immigration and Foreign Affairs decrees* that visitors from the 60 countries corresponding to group 1 of tourist visas for entry to Costa Rica may have their stay time extended from 90 calendar days to 180 calendar days, as established by the following modification: “Article 2—Modify article 8 of the Regulation for…