DFC, the U.S. government’s international development bank, provides $1 billion in political risk insurance (PRI), while CAF is issuing two letters of credit (SBLC) for up to $200 million. The combination of DFC’s PRI and CAF’s SBLCs strengthens the credit risk supporting the transaction, catalyzing additional investment in conservation and ecosystem restoration efforts in the…
Category Archives: Blog
Blog, Costa Rica, Labor & Employment, News
Paid Leave for the Death of Relatives of Workers in Costa Rica
29
Oct
Oct
On October 21 of this year, the Legislative Assembly approved, in a second debate, the “Law to Create Paid Leave for the Death of Relatives of Workers, to Protect the Right to Grieve,” processed under legislative file No. 23.929. This law introduces a new item, (l), to Article 69 of the Labor Code. This new…
Blog, Business Law, Costa Rica, News
New Obligations for Non-Profit Organizations (NPOs) in 2024 in Costa Rica
15
Oct
Oct
Avoid sanctions and operational problems by ensuring compliance with the new Transparency and Final Beneficiary Registry (RTBF) declaration. Starting in 2024, Non-Profit Organizations (NPOs) in Costa Rica must comply with new transparency obligations, under the aegis of the Transparency and Final Beneficiary Registry of the Central Bank of Costa Rica (BCCR). This requirement is part…
Blog, Costa Rica, Free Trade Zones, News, Sanitary Registration of Products
New Regulation for the Authorization of Health Products in Free Trade Zones Enters Public Consultation
14
Oct
Oct
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…
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…
Analysis, Blog, Guatemala, Intellectual Property
Management and Defense of Intellectual Property in Organizations
24
Sep
Sep
Author https://blplegal.com/wp-content/uploads/2024/08/ART-Propiedad-Intelectual_FOTO.png Marleni García Associate Guatemala E-mail Ongoing intellectual property (IP) management involves strategic decisions on exploiting, defending, and transferring an organization’s intangible assets. These processes are vital for maximizing the value of IP assets and ensuring their protection in a competitive environment. Management of the Intellectual Property Portfolio Effective management of the IP portfolio…
Analysis, Blog, Guatemala, Intellectual Property
Strategies for Identifying and Protecting Intellectual Property Assets
26
Aug
Aug
Author https://blplegal.com/wp-content/uploads/2024/08/ART-Propiedad-Intelectual_FOTO.png Marleni García Associate Guatemala E-mail Protecting intellectual property (IP) assets ensures an organization’s competitiveness and long-term success. This task begins by identifying intangible assets and continues with the implementation of robust protection strategies. Identification of Intellectual Assets The first step in managing Intellectual Property is identifying the intellectual assets within an organization. This…