Category Archives: Business Law

BLP advises Grupo Unicomer on a syndicated loan for US$350 million

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…

BLP advised CMI on the acquisition of Corporación AUG in Costa Rica

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…

Jorge Arenales joins BLP, bolstering the Firm’s expertise in Corporate, Transaction and Finance matters

We are thrilled to announce the incorporation of esteemed legal professional Jorge Arenales as a new partner. With a remarkable background in corporate and finance matters, Arenales brings a wealth of experience and an outstanding reputation to our firm. Arenales has demonstrated his exceptional legal skills throughout his career. Prior to joining BLP, he served…

The importance of franchises to do business in Guatemala

https://blplegal.com/blp-web-2021/wp-content/uploads/2023/05/La-importancia-de-las-franquicias-para-hacer-negocios-en-Guatemala_FOTO-.png Jeaneth Divas Senior Associate Guatemala [email protected] Legal framework of the Franchise Agreement in Guatemala Franchising is a result of commercial expansion around the world; it is a way by which a merchant/entrepreneur who already has an established, proven, and successful business model in the marketing of its products and services under an identifying trade…

BLP advises Huntsman Corporation on the sale of its operation in Guatemala

BLP has advised Huntsman Corporation, a publicly traded global manufacturer and marketer of specialty and differentiated chemical products with revenues of approximately $8 billion annually, on selling its textile operations in Guatemala as part of a global transaction.   Huntsman Corporation sold its division to Archroma, an SK Capital Partners portfolio company, for S593 million in…

Avianca is LatinFinance’s Deal of the Year recipient for whom BLP advised restructuring more than $1 billion in debt

LatinFinance announced the winners of its annual Deal of the Year awards, for which our client Avianca’s transaction was recognized with the Corporate Restructuring award, restructuring more than $1 billion in debt.   Through its offices in Guatemala, El Salvador, Honduras, and Costa Rica, BLP advised Latin American airline Avianca during its restructuring process.    Colombian airline,…

BLP advises Grupo Tecún on selling its automotive division to Grupo Q in Guatemala.

As of December 1, the Hyundai, Mazda, and Peugeot brands formerly controlled by different companies belonging to Grupo Tecún became part of the automotive portfolio of Grupo Q in Guatemala.  BLP’s advice to Grupo Tecún on selling its automotive division to Grupo Q consisted of due diligence for the seller, participation in the auction process,…

Nicaragua advances with Fintech regulation

Federico Barrios Director Nicaragua [email protected] Nicaragua has been regulating the application of technological tools in financial activities since, and to the extent that the local market requires the implementation of advances that allow more efficient processes in conducting operations with money. We understand the Fintech concept as everything related to technologies that allow financial innovation,…

BLP adds a renowned specialist in Business Law and Real Estate

As part of our growth strategy and in response to crucial market demands, BLP adds José María Pacheco as Special Counsel to its team in Costa Rica. José María joins our practice areas of Business Law and Real Estate and Hospitality. https://www.blplegal.com/blp-web-2021/wp-content/uploads/2022/08/Jose-Maria-Pachecho-400×489-1-245×300.png José María Pacheco Special Counsel | Costa Rica José María has represented regional…

BLP advises Aptean on the acquisition of RLM Apparel Software Systems

BLP has advised Aptean, a global provider of business software solutions, on the acquisition of certain assets of the Costa Rican company JD Soft de Costa Rica S.A., as part of the acquisition process of its US affiliate company RLM Apparel Software Systems (RLM). RLM is a provider of cloud-based business software solutions designed specifically…