Category Archives: Blog

David Gutierrez, Partner at BLP, Elected to the World Services Group 2021-2022 Board of Directors

BLP is pleased to announce that David Gutierrez, co-founding Partner based in Madrid, has been elected to the World Services Group (WSG) 2021-2022 Board of Directors. Mr. Gutierrez will serve a four-year term where he will work collaboratively with WSG leadership in assessing the strategic future and progress of the WSG mission and objectives. Mr. Gutierrez…

BLP: 5 years of transforming the legal profession in Guatemala.

Five years ago, the BLP law firm completed its regionalization process by arriving in Guatemala with a multidisciplinary team committed to the firm’s vision: to become true business partners of its clients. BLP’s success story began in 2003 in Costa Rica. The regionalization process of the firm began in 2014 with offices in Nicaragua and…

Executive Decree: Mandatory vaccination against COVID-19 in Costa Rica

The President of the Republic and the Minister of Health have issued a decree, which is expected to be published in the Official Gazette in the following hours, which establishes the obligation of public sector employees to be vaccinated against COVID-19 for employees of the public sector, as well as the possibility for employers in…

Update on the Final Beneficiary Registry in Nicaragua

The communication summarizes the legislative updates that impact commercial companies established in Nicaragua. The updates include a series of new obligations before the Public Mercantile Registry (RPM) and before the recently created Registry of Final Beneficiary (RBF). The RPM requires that all companies registered in Nicaragua must carry out an Update of Basic Information, which is…

BLP establishes a new office in the Pacific coastal area of Costa Rica.

To provide the timeliest service to clients with business operations in the coastal area of Guanacaste, Costa Rica, BLP opens a new office in the beach community of Las Catalinas. The new location will focus on real estate transactions under the direction of BLP’s renowned Real Estate & Hospitality practice, made up of specialists in…

BLP advised IDB Invest on an important financing project in El Salvador that will contribute towards securing energy efficiency and cost savings.

BLP has advised IDB Invest, the private arm of the Inter-American Development Group, on an important financing project in El Salvador. As administrator to the Canadian Climate Fund for the Private Sector in the Americas, IDB Invest has agreed to grant loans to Capella Solar S.A. de C.V. and Providencia Solar S.A. de C.V. – both affiliates of Neoen, the project’s Sponsor- to finance…

Costa Rica opens its doors to digital nomads

Digital nomads can now establish their “offices” at Costa Rica’s beaches, in the mountains, near volcanoes, or within a variety of ecosystems. The country recently signed a pioneering law of a singular kind to attract workers and remote service providers on an international scale. With these new regulations, Costa Rica has instituted an ideal legal…

Part-time hiring in Guatemala

The Constitutional Court has declared as without merit the actions brought against the Regulations of Convention 175 of the International Labor Organization (ILO) on Part-Time Work issued through Government Agreement 89-2019 of the President of the Republic. As a result, the Regulations on Part-time Work are now in effect, raising questions about part-time hiring including…

BLP advises FMO on financing for affordable housing in El Salvador and Panama.

BLP has advised NEDERLANDSE FINANCIERINGS-MAATSCHAPPIJ VOOR ONTWIKKELINGSLANDEN N.V. (“FMO”) on its $60 million funding alongside BANCO LA HIPOTECARIA, S.A. (Panama) y LA HIPOTECARIA, S.A. DE C.V. (El Salvador). BLP’s role was to advise FMO in the review of the facility agreement under local law and execution thereof, the preparation of all documentation, and the planning, negotiation,…