BLP advised the seller, Grupo Orbis (Pintuco), on this regionally impactful transaction employing attorneys from each of our offices in Costa Rica, Nicaragua, Honduras, El Salvador, and Guatemala, as well as coordinating with lawyers in Panama. Besides conducting due diligence in the jurisdictions of Central America, BLP also analyzed the competition in each of the countries and if required…
Tag Archives: Honduras
The BLP Costa Rica team advised Citigroup Global Markets Inc. and J.P. Morgan Securities LLC on the issuance by Investment Energy Resources Limited of $700 million in Secured Notes with a Fixed Rate of 6.250% maturing in 2029. The firm also advised Banco Latinoamericano de Comercio Exterior, SA, Banco Industrial, SA, Westrust Bank (International) Limited,…
HONDURAS: APPROVED REGULATIONS PRESIDENTIAL HOUSE – REPUBLIC OF HONDURAS NATIONAL RISK MANAGEMENT SYSTEM (SINAGER) MINISTRY OF HEALTH EXECUTIVE DECREES LEGISLATIVE DECREES IMMIGRATION NATIONAL INSTITUTE NATIONAL BANK AND INSURANCE COMMISSION (CNBS) JUDICIAL POWER OF HONDURAS MINISTRY OF GOVERNMENT AND JUSTICE SECRETARY OF STATE IN THE GOVERNMENT AND JUSTICE OFFICES SECRETARY FOR ECONOMIC DEVELOPMENT HONDURAS NATIONAL POLICE RENT…
In a world of digital transformation, where those virtuous for writing and speaking in the field of legal services begin to be obsolete, Honduras is no exception, just a couple of years before half the planet has 5g internet, Lawyers must interpret the spirit of the law, so that the implementation of technology in labor…
The field of occupational health and safety has gained much relevance among companies nowadays due to the pandemic. COVID-19 has transformed the way we work to prevent contagion. In furtherance of the safety, health, and welfare of working people, the Government of the Republic of Honduras has issued laws and protocols to prevent the spread…
Gradual restriction of constitutional guarantees to strengthen social distance and to fight the spread of COVID-19. On May 17, 2020, an executive decree issued by the President of the Republic in the Council of Ministers approved the restriction of constitutional guarantees for the period from May 18 to May 24 of the current year. The…
In light of the national emergency we are living caused by the spread of the coronavirus (COVID-19), at BLP we have developed this communication to hep inform our clients on the most important factors to take into consideration in the workplace for their companies. Starting Sunday, March 15 at 11:59 pm, the Honduran Government decreed…
The second Customs and Tax Amnesty in Honduras 2018 By Decree No. 51-2018 of June 6, 2018, the second Customs and Tax Amnesty of the present year was issued, published in the October 6, 2018 edition in the Official Gazette, containing the following benefits: Tax Regularization Customs and Tax amnesty Amnesty Honduran Institute of Social…
The world is changing and with it, people change their natural and legal status (companies, societies, associations, foundations, etc.), change their personal relationships, and consequently change their social and commercial relationships. With so much change, nothing is certain in life, except for two things that the president of the United States George Washington mentioned in…
Interesting changes are taking place in the Honduran market, thanks to technological advances in the electric power sector, where consumers and commercial/industrial companies can install self-consumption electrical energy systems in order to reduce usage, protect the environment and especially to reduce the amount of the electric bill. This practice is being implemented by entry into force…
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