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…
Category Archives: Blog
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…
17
Nov
Nov
It fills us with joy and pride to share the exciting news that, for the ninth in a row, and tenth in total, BLP has been distinguished as Costa Rica Law Firm of the Year at the prestigious Chambers Latin America Awards 2023, awarded by Chambers and Partners. At a gala held at The Ritz-Carlton…
Blog, Costa Rica, News, Sanitary Registration of Products
New expiration date for EMB sanitary registry
16
Nov
Nov
The sanitary registrations of Biomedical Equipment and Material (EMB), Chemical Synthesis Medicines, Biological medicines, Medicines with Therapeutic Equivalence, Hygienic Products, and Natural Products that expire between April 2023 and November 2023 will have their expiration extended to February 29, 2023. 2024.
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, Intellectual Property, News, Sanitary Registration of Products
New requirements and procedures for the classification, registration, import, labeling, advertising, and surveillance of biomedical equipment and material
13
Nov
Nov
On September 9, 2023, the new RTCR 505: 2022: BIOMEDICAL EQUIPMENT AND MATERIAL. CLASSIFICATION, REGISTRATION, IMPORT, LABELING, ADVERTISING, SURVEILLANCE, AND CONTROL came into effect, establishing requirements and procedures for the classification, registration, import, labeling, advertising, and surveillance of biomedical equipment and material. Under this new regulation, the following documents, which were not previously requested by…
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…
Blog, Business Law, Costa Rica, News
BLP advised CMI on the acquisition of Corporación AUG in Costa Rica
26
Oct
Oct
BLP has played a fundamental role in the acquisition of Corporación AUG by CMI in Costa Rica. This sweeping transaction involved a series of critical stages and a diverse group of sellers, marking a significant milestone for CMI in the country following the devastating fire at its plant in early 2023. The firm’s advice covered…
Analysis, Blog, Environment, Health & Safety, Environmental, Social and Governance (ESG), Guatemala
Regulatory harmonization: The pending solution for garbage disposal in Guatemala
25
Oct
Oct
In Guatemala, the complexity of waste management is not only restricted to logistical aspects or citizen awareness; the root of the challenge lies primarily in the country’s legal infrastructure. The absence of unified regulations for waste treatment and disposal has resulted in a mosaic of practices that, instead of solving the problem, aggravate it. This…