BLP advised the shareholders of Inversiones Turísticas Arenal S.A., owner of the renowned Tabacón Thermal Resort & Spa located in La Fortuna, Alajuela, on the sale of 100% of the company’s shares to Pursuit Attractions and Hospitality, Inc. This transaction marks the entry of a new institutional player into Costa Rica’s tourism sector, reinforcing confidence…
Category Archives: Blog
Blog, Guatemala, Insurance & Reinsurance Law, News
New Regulation on the Registration of Insurance, Reinsurance, and Independent Adjuster Intermediaries
11
Jul
Jul
On February 18, 2025, Resolution JM-24-2025, issued by the Monetary Board, was published in the Diario de Centro América, approving the Regulation on the Registration of Insurance, Reinsurance, and Independent Adjuster Intermediaries (hereinafter, the “Regulation”), included in the annex of said resolution. This new regulation replaces Resolution JM-13-2011, which previously governed the registration of insurance…
Blog, Energy & Infrastructure, Honduras, News
Investment Opportunity in Energy: Honduras Launches 1,500 MW International Tender
24
Jun
Jun
The National Electric Power Company of Honduras (ENEE) has launched a landmark International Public Tender for the procurement of 1,500 MW of firm capacity, with the goal of ensuring the country’s energy security through 2030. This ambitious initiative will be carried out through a reverse auction mechanism with successive rounds, designed to enhance market competitiveness, attract…
Banking & Finance, Blog, Business Law, Costa Rica, Cybersecurity & Data Protection, Environment, Health & Safety, Intellectual Property, Labor & Employment, News
BLP advised IFX on the acquisition of Luminet
23
Jun
Jun
BLP advised IFX Networks on the acquisition of Luminet, also known as CRISP (Costa Rica Internet Service Provider S.A.), a Costa Rican company specializing in internet services and fiber optic connectivity, with more than 15 years of experience in the development and implementation of telecommunications projects. This transaction allows IFX to strengthen its position in…
Analysis, At BLP, Blog, Business Law, Costa Rica
The Importance of Due Diligence in a Successful Purchase and Sale Agreement
18
Jun
Jun
https://blplegal.com/wp-content/uploads/2025/06/La-importancia-del-DD_FOTO-Aurora-Solis.jpg Aurora Solís Senior Associate Costa Rica E-mail What is due diligence, and why does it matter? As a purchase and sale transaction approaches closing—whether involving a company, real estate, or other valuable asset—it is natural for the parties to want to finalize it quickly. However, in the rush to sign, a fundamental step is…
At BLP, Blog, Costa Rica, El Salvador, Environment, Health & Safety, Guatemala, Honduras, Nicaragua
BLP Named Central America Law Firm of the Year and Vivian Liberman Recognized as ESG Leader of the Year
18
Jun
Jun
BLP has been named “Central America Law Firm of the Year,” and partner Vivian Liberman has been awarded “Latin America: ESG Leader of the Year” at the 2025 Women in Business Law Awards. San José, June 17, 2025. During the Women in Business Law Awards ceremony held in New York City, BLP received two of…
Analysis, At BLP, Blog, Costa Rica, Free Trade Zones
How to Mitigate the Impact of Tariffs Imposed by the United States
13
Jun
Jun
The U.S. Government, in its first 100 days in office, imposed new tariffs on other countries as a reciprocal measure that, in its view, would encourage the purchase of more products made in the United States, increase tax revenue, balance the negative trade disparities with other countries, and boost investment levels. As a result of…
Blog, Costa Rica, El Salvador, Ethics & Anti-Corruption, Guatemala, Honduras, News, Nicaragua, Regulatory Compliance, Prevention and Risk Management
Reorientation in the Enforcement of the FCPA: New Guidelines Establish Priorities for Latin America
12
Jun
Jun
Reorientation in the Enforcement of the FCPA: New Guidelines Establish Priorities for Latin America After months of uncertainty following the temporary suspension of the enforcement of the Foreign Corrupt Practices Act (“FCPA”), the U.S. Department of Justice issued new guidelines that resume its implementation, this time with an approach that may lead to increased scrutiny…
Banking & Finance, Blog, Honduras, News
New Reforms to the Honduran Credit Card Law: Transparency and Financial Consumer Protection
10
Jun
Jun
In April 2025, Honduras enacted major reforms to its Credit Card Law through Decree No. 34-2025. These changes aim to strengthen financial consumer rights and increase transparency in interest calculations and in-person transaction security. In this blog post, we break down the key reforms and their practical implications. Fair interest calculation – Article 36 Financial…
Blog, Energy & Infrastructure, Guatemala, News
Puerto Quetzal: A Strategic Alliance Redefining Infrastructure in Guatemala
10
Jun
Jun
On May 22, 2025, the Government of Guatemala, through its Ministry of Defense, signed an agreement with the U.S. Army Corps of Engineers (USACE) for the modernization of Puerto Quetzal—a landmark moment in the development of the country’s critical infrastructure. This agreement not only enhances international technical cooperation but also paves the way for private…