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…
Category Archives: News
At BLP, Blog, Costa Rica, Energy & Infrastructure, News
BLP double wins LatinFinance Project & Infrastructure Finance Awards for Landmark Renewable Energy Financing with EnfraGen
10
Oct
Oct
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…
Banking & Finance, Blog, Guatemala, News
BLP advised FMO on a loan facility extended to Banco de Antigua, S.A.
08
Oct
Oct
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…
Blog, Business Law, Costa Rica, El Salvador, Guatemala, Honduras, News, Nicaragua
BLP advised JCDecaux on the acquisition of a majority stake in IMC
08
Oct
Oct
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…
Blog, Business Law, Costa Rica, El Salvador, Guatemala, Honduras, News, Nicaragua
BLP advised JCDecaux on the acquisition of a majority stake in IMC
08
Oct
Oct
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…
16
Aug
Aug
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…
14
Aug
Aug
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…
Blog, Honduras, Labor & Employment, News
Mandatory Registration in the Honduran Simplified National Registry of Employers
26
Jul
Jul
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…
22
Jul
Jul
BLP has advised IDB Invest, FinDev Canada and LAGreen (the “Investors”) on $50 million in Costa Rica’s first blue bond, marking a historic transaction for the country’s capital markets sector. IDB Invest partnered with Banco Nacional de Costa Rica (“BNCR”) to launch Costa Rica’s first blue bond, marking a significant step towards bolstering the blue…
Blog, Guatemala, News, Sanitary Registration of Products
New structure and modifications for the sanitary registration of prepackaged foods in Guatemala
17
Jul
Jul
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…