Travel, retail, cross-border transportation, manufacturing, agribusiness, and investment, in general terms, have been heavily impacted by health threats of the Coronavirus. Chinese companies have encountered unforeseen situations that make them unable to comply with contractual obligations leading to inevitable default in economic obligations. Unfortunately, the worldwide situation may become as bad or worse. The number…
Category Archives: Analysis
18
Mar
Mar
Given the accelerated global impact that the proliferation of the COVID-19 virus has generated, the need has arisen for organizations and work centers to implement preventive measures, where clear action protocols are established. On Thursday March 12, BLP held the webinar “Consejos legales para enfrentar al Coronavirus”, to share the fundamental aspects that your company must take…
21
Jan
Jan
The Foreign Trade Corporation of Costa Rica (PROCOMER) presented the report named Balance of the Free Trade Zones: Net Benefit of the Regime for Costa Rica 2014-2018, which analyzes and exposes what the Free Trade Regime represented for the country in 2018, in economic and social terms. Furthermore, it is important to supplement this study with certain data…
13
Sep
Sep
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…
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
“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
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
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
The Special Public Economic Development Zones (ZDEPs) in Guatemala emerged as a legal possibility after the reforms to the Law of the Santo Tomás de Castilla Free Zone (ZOLIC) were approved by a qualified majority of the Congress of the Republic in the year 2008. Notwithstanding the foregoing, and despite the existence of a regulation…
Analysis, Blog
What are the benefits of the stay by special relevance and the temporary residence for foreign executives who enter Costa Rica?
21
Aug
Aug
The high flow of immigration and the relocation of foreign employees managed by national and transnational companies in Costa Rica mean that there is a need to obtain work permits in the shortest possible time and with the least risks and contingencies for companies. When hiring foreign personnel for its work structure, a company must…