IFLR announced the winners of the 2022 IFLR Americas Awards at a live ceremony at Essex House, New York, on May 19. Our team won the Costa Rica Firm of the Year award, a new prize that confirms BLP’s leadership in the most innovative cross-border transactions in the country. Commercial lenders and investment banks look…
Category Archives: Blog
24
May
May
On Monday, May 23, 2022, bill No. 22 364, which proposes the reform to the General Customs Law, Law No. 7557, was approved in a second debate in the Legislative Assembly. This reform strengthens customs control and the fight against contraband, facilitates trade, and improves revenue collection. Such modification to national customs regulations establishes new…
Blog, Costa Rica, News
The constitution of condominiums in marinas and tourist berths in Costa Rica is allowed
23
May
May
On May 23, 2022, Executive Decree No. N°43511 MIVAH-MEIC-TUR, was published in La Gaceta, reforming the Condominium Property Regulatory Law Regulations (Executive Decree N°32303 MIVAH-MEIC-TUR of March 2, 2005), to enable the application thereof for marinas and tourist berths. Among the main aspects of this reform, are the following: Affectation of the marina or tourist…
At BLP, Blog, Guatemala
BLP advises Emergent Cold Latin America (Emergent Cold LatAm) on the acquisition of Bodegas Frías in Guatemala
20
May
May
Emergent Cold Latin America (Emergent Cold LatAm), the fastest-growing cold storage and logistics services provider in Latin America, has acquired Bodegas Frías, the largest operator in Guatemala. BLP advised its client on all matters related to the acquisition, including performing due diligence on corporate, environmental, real estate, litigation, intellectual property, and regulatory issues to complete…
Analysis, Blog
Forestry Law reforms encourage sustainable tourism development of Costa Rica’s protected river areas
16
May
May
Luis Palacios Director and Environmental Law Specialist Costa Rica [email protected] Recently approved reforms to the Forestry Law allow the development of riverbeds, supporting the cause of sustainable tourism in Costa Rica. By providing greater legal certainty to civil works that must necessarily border on rivers, streams, or other bodies of water, the reforms promote tourist…
16
May
May
A fundamental principle of the work environment at BLP is to prohibit discrimination toward any employee for any reason. To guarantee non-discrimination to all human talent, the firm has taken specific actions to encourage a diverse team by promoting the broadest participation in all work areas of the firm by women, people with disabilities, and…
12
May
May
BLP has advised Grupo Unicomer on acquiring the consumer credit finance company CrediScotia Financiera, a subsidiary of Grupo Scotiabank in Peru. The transaction closing is still pending authorization from the Superintendency of Banking, Insurance, and AFPs (SBS), the Peruvian supervisor of financial entities. This acquisition will enable Grupo Unicomer to enter the Peruvian market. Grupo…
11
May
May
Today, May 11, 2022, the Decree 43544-S was published, corresponding to the mandatory use of a mask as personal protective equipment. Regarding this decree, it should be considered that: As of today, the state of emergency decree has not been revoked. The national emergency due to the pandemic continues and the employers in the private…
Blog, Costa Rica, Costa Rica, News, News
Mascarilla y vacunación: lo que debe saber desde una perspectiva laboral
11
May
May
El día de hoy, 11 de mayo de 2022, se publicó el Decreto N° 43544-S, que se refiere al uso obligatorio de mascarilla como equipo de protección personal. Respecto a este decreto se debe mencionar que: El decreto de estado de emergencia no ha sido derogado al día de hoy. La emergencia nacional por la…
Blog, Costa Rica, News
BLP is awarded the Deal of the Year award by Latin Lawyer for its advice to Avianca to emerge from Chapter 11 process
06
May
May
Latin Lawyer announced the winners of its 16th annual Deal of the Year Awards at a charity dinner in São Paulo, Brazil, on May 5th. Our team was awarded for the excellence of its advice to Avianca when emerging from the Chapter 11 process. This award confirms once again BLP´s leadership in Central America Through…