We are pleased to announce that BLP has received the prestigious Law Firm of the Year – Central America at the LatinFinance Deals of the Year Awards 2024. This recognition reaffirms our excellence in legal advisory services within the financial and capital markets in Latin America and the Caribbean. The awards ceremony took place on…
Category Archives: Guatemala
Blog, Energy & Infrastructure, Guatemala, News
Tenders for Generation (PEG-5) and Transmission of Electric Energy in Guatemala
28
Jan
Jan
Guatemala is preparing to launch the upcoming PEG-5 bidding process, designed to add over 1,000 MW of installed capacity, with a strong focus on renewable technologies such as solar, wind, hydroelectric, and geothermal energy. This process, set to be announced soon, will include 15-year contracts for new power plants and 5-year contracts for existing facilities,…
Blog, Costa Rica, El Salvador, Guatemala, Honduras, Labor & Employment, News, Nicaragua
2025 Labor Holiday Calendar: An Essential Resource for Business Planning
08
Jan
Jan
Effectively managing labor holidays is critical for any organization, especially when operating in multiple countries across Central America. For this reason, the Labor & Employment team at BLP has prepared the 2025 Labor Holiday Calendar, a comprehensive document that consolidates the official holidays for Costa Rica, Guatemala, El Salvador, Honduras, and Nicaragua. This resource is…
Agribusiness, Blog, Guatemala, News, Tax
New Framework Law for the Integration of the Primary and Agricultural Sector in Guatemala
05
Dec
Dec
The Congress of the Republic has approved Decree 31-2024, the Framework Law for the Integration of the Primary and Agricultural Sector. This innovative legislation consolidates the tax collection framework for the primary and agricultural sectors into a single legal text. The initiative aims to address economic distortions in the tax chain caused by a lack…
27
Nov
Nov
On November 20, 2024, the Congress of Guatemala urgently approved Decree 32-2024, the “Competition Law.” This approval marks a significant milestone for the country, aiming to promote a competitive market, attract foreign investment, and boost national economic growth. The new law seeks to prevent anti-competitive, monopolistic practices or practices that limit market access for small…
At BLP, Blog, El Salvador, Guatemala, News
BLP achieves tenth consecutive distinction at the Chambers Latin America Awards 2024
22
Nov
Nov
We are pleased to announce that, for the tenth consecutive time and the eleventh overall, BLP has been recognized as Costa Rica Law Firm of the Year at the prestigious Chambers Latin America Awards 2024, presented by Chambers and Partners. At a ceremony held at The Ritz-Carlton Hotel in Miami, United States, this award reaffirms…
At BLP, Blog, Costa Rica, El Salvador, Environmental, Social and Governance (ESG), Guatemala, Honduras, News, Nicaragua
BLP is honored as Pro Bono Leading Light 2024 by Latin Lawyer
21
Nov
Nov
We are excited to announce that BLP has once again been recognized in Latin Lawyer’s prestigious Leading Lights 2024 list, underscoring our steadfast commitment to fostering a robust pro bono culture across Central America. Latin Lawyer acknowledges law firms that have made significant strides in advancing pro bono initiatives, and BLP is proud to be…
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…