(The following information was supplied by the firm)
BLP was founded in March of 2003 by a group of lawyers who shared the same view of the practice of law. They were convinced that legal advisors should become true business partners of their clients, especially by providing top legal advice with business sense. Hence the name: Business Law Partners.
The firm’s international capabilities extend world- wide. BLP has developed a network of law firms around the world, not only through years of working with some of the leading lawyers in each country, but also through exclusive legal networks in which it actively participates: World Services Group (www.worldservicesgroup. com), Meritas (www.meritas.com) the State Capital Law Firm Group (www. statecapitallaw.com) Interlaw (Interlaw.com), as well as Gala, Insuralex and ELA among other specialised networks. Today, BLP is one of very few law firms in Central America working with a true business structure, where all its professionals and staff work together towards a common goal: to satisfy the demands of its clients. BLP’s professionals share values and principles, all for the benefit of its clients. BLP operates under a series of guiding criteria, which allow it to pursue the total satisfaction of its clients; these are: commitment to quality; commitment to service; ethics; team-work and cost-consciousness; commitment to leadership and development; talent; and pro bono work.
Agriculture, aviation, banking, capital markets, construction, education, energy and clean technologies, entertainment and leisure, financial services, franchise and distribution, free trade zones, hospitality, human resources, industrial, infrastructure, insurance, manufacturing, media and advertisement, natural resources, real estate funds, retail and consumer products, securities, technology, telecommunications, venture capital, among others.
Main Areas of Practice:
Agribusiness, environment, health and safety, aviation and maritime, banking and finance, private equity and venture capital, international trade, competition and antitrust, anti-money laundering, compliance, compliance and anti corruption, business law, public law, public procurement and regulation, human rights, business and development, energy and infrastructure, tax, real estate and hospitality, labour and employment, global mobility and relocation, predictabill, privacy and data protection, intellectual property, advertising, marketing and consumer protection, sanitary registration of products, dispute resolution, insurance and reinsurance, mining, media and technology, free trade zones.
The main international practice of BLP is focused in coordinating legal services in Latin America for its clients. The law firm has offices in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and a representation office in Spain. BLP has formed a high quality network of firms in other countries around the world and in different areas of law for the benefit of its clients.
Spanish, English, Italian, French, German, Hebrew.
Aliaxis-Durman, American International Group, Ace Group, Alltech, Amazon, American Airlines, Assa Insurance Company, Aseguradora General, Avon, Bac San José, Banco Promérica, Bankinter, Banesco, BASF, Baxter, Bayer, BCD Travel, Bekaert, BID, BAT, Bticino, Bosch, CAF, Calibre Mining Corp.,Cargill, Cemex, Cognizant, Colgate-Palmolive, Covidien, Credit Suisse, Deutsche Bank, DIAGEO, DIPO, Discovery Communications, Dow Chemical, Exclusive Resorts, First American Bank, Florida Ice & Farm, FMO Entrepreneurial Development Bank, Garnier BBDO, GasNatural Fenosa, GDF Suez, Globalvía, Grupo Numar, Guardian, Hitachi, ICA Fluor, INCOFIN, International Finance Corporation (IFC), Interamerican Investment Corporation (IIC), ISS Facility Services, John Deere, KFW DEG, Las Catalinas, Laureate International Universities, Los Sueños Resort & Marina, MAPFRE, MasterCard, Mattel, Microsoft, Millicom, Major League Baseball, Harley Davidson Motor Company, Norfund, Overseas Private Investment Corporation (OPIC), Panasonic, RGIS Inventory Specialists, PepsiCo, Pellas Development Group, Pfizer, Plycem, PriceSmart, Repretel, Scotiabank, Siemens, Sony, Swiss Re, Syniverse Technologies, Tabacón, Telefónica, Tous, Tokio Marine, Uber, UPS, Walmart, Zoetis.
Managing Partner: Luis Manuel Castro
Administrative & Public Law
Banking & Finance
Labour & Employment
Real Estate & Tourism
Luis Fernando Hernández
Luis Manuel Castro
As of January 1, of this year, the new “Instructions for Qualifying Institutions Domiciled Abroad in the context of the Income Tax Law, Tax Law on the Transfer of Personal Property and the Provision of Services and Tributary Code” entered into force. These Instructions regulate tax benefits such as VAT exemption (currently 13%) and income […]
In Guatemala, Decree number 4-2020 “Reforms to the Law of Non-Governmental Organizations for Development, Decree number 2-2003 of the Congress of the Republic of Guatemala and the Civil Code, Decree-Law number 106 of the Head of Government” entered into force, which establishes, among other provisions, the obligation of a Non-Governmental Organization (“NGO”), registered and operating […]
On February 6, 2022, the Presidential Election will be held. Any employee who must work that day may go to the polls to exercise the right to vote. Our Labor Code sets forth the obligation of an employer to grant employees the time necessary to appear before their electoral domicile and cast a vote without […]
We have heard a lot about the container crisis lately, but what does it mean, and how does it affect global trade and ultimately the consumer? The COVID-19 pandemic has had a series of negative impacts on the global economy such as closures of businesses and factories, shortages of raw materials and consumer goods, a […]
The scarcity of space available in maritime transport to move goods, the exorbitant cost increases of this means of transport, closures of ports and factories, as well as saturation and delays of operations in ports, are key factors that influence the current container/supply chain crisis. The consequences of container delays include increases in the times […]
It is necessary to go back to September 1999, during the Rodríguez Echeverría administration and as part of the “National Concertation Forum”. The convenience and necessity of de-monopolizing the insurance market in order to open it up to private competition were discussed. For promoters, the opening of the insurance market in Costa Rica would improve […]
Reform of articles 29 and 38 of the “Law Against Sexual Harassment in Employment and Teaching” On October 6, 2021, the Executive Power signed the reform of articles 29 and 38 of the “Law Against Sexual Harassment in Employment and Teaching” (Law 7476), which was published in La Gaceta on the 20th October 2021. With […]
By Adelina Vilallobos BLP Partner, Foreign Direct Investment Expert firstname.lastname@example.org In time for the bicentennial came the Digital Riser report for 2021 published by the European Center for Digital Competitiveness. This report measures a country’s progress in digital transformation, based on information from the World Economic Forum. The results for Costa Rica are not as […]
Luis A. Ortiz Zamora – BLP Partner email@example.com According to the latest Global Competitiveness Index published by the World Economic Forum (WEF), Costa Rica seriously lags in infrastructure compared to countries like top-rated Singapore. Indeed, in comparing ourselves to the other 141 qualified countries, we rank at number 62 in infrastructure, 117 in quality of roads, […]
In recent years, concerns over electricity costs and the impact of such costs on the country’s productivity have increased. According to a recent CINDE study, the price of electricity in Costa Rica has risen significantly compared to that of other countries with which it competes in attracting investment. This cost is, in large part, a […]
Currently before the Legislative Assembly, under file 22,364, is a draft reform to the General Customs Law, whose objective, according to the Ministry of Finance, is to strengthen customs control, fight against smuggling, facilitate trade and improve revenue collection. Analyzing the text of the proposal, which is important for companies in the logistics chain to […]
Guatemala is the largest economy in Central America but not the region’s largest exporter, being surpassed by Panama and Costa Rica, which have developed free trade zones that facilitate investment, promoting employment and the growth of their economies, to the point that, despite having much smaller populations, their quality of life is higher. Considering the […]
“The illiterate of the 21st century will not be those who cannot read or write, but those who cannot learn, unlearn and relearn” Alvin Toffler. We learned labor law as a branch of legal sciences, a summation of concepts and theories, that little by little has been clashing with reality. Labor law structured for a […]
The life sciences sector has been one of the areas most impacted by COVID-19. On the positive side, certain related products and devices experienced unexpected demand in the past year, thus increasing sector progress. On the negative side, the coronavirus led to the interruption of research and development in fields unrelated to the pandemic creating […]
Costa Rica is an ideal country to visit, retire and invest thanks to its excellent reputation for environmental protection, globally recognized ecotourism schemes, political and social stability, legal security, and our health system. The new LAW FOR THE ATTRACTION OF INVESTORS, RENTERS AND PENSIONERS has just been approved. This law allows foreign persons who qualify as […]
A large part of the health regulations issued in 2020 focused on the protection of employees during working hours. Thus, the decade has begun with increased attention to compliance with company health and safety regulations. Since the beginning of 2020, the authorities at the global level have been much more vigilant in compliance with health […]
If the last few months have taught us anything, it is that the protection of personal data is transcendental, especially in the face of the inevitable digitization of society. Nevertheless, on several occasions, it has been shown that the Law on Protection of the Person against the Treatment of Personal Data (Data Protection Law) urgently […]
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(Nicaragua, November 2020) It is nothing new that COVID-19 came in like a hurricane in the middle of the summer. No one expected it, no one was prepared and most of the responses have been simply reactive to the situation. In Nicaragua, even with the few self-imposed measures of social distancing, we have had the […]
(Costa Rica, July 2020) Costa Rica is the most stable country in Central America, not only because the economic growth it experienced during the past years but also because of its political stability through decades. Recently, in May 2020, the members of the Organization for Economic Co-operation and Development (OECD), unanimously decided to invite Costa Rica […]
BLP has advised IDB Invest on its senior loan for up to US$70 million to Pantaleon S.A., to finance: (i) its industrial and agricultural fixed investment plans, including the implementation of green projects; and (ii) its working capital needs, including advance payments to sugarcane producers. The main development objectives of the loan from IDB Invest […]
BLP has advised IDB Invest on its combined long-term and medium-term loan of up to US$23 million to Grupo Desarrollador de Parques Industriales S.A to develop the Green Park Industrial Park in the Coyol area on the outskirts of Alajuela. The financing will be used for the construction of several industrial buildings within the Green […]
BLP advised The Prudential Insurance Company of America and Cigna as lenders in a senior note private offering of an aggregate amount of $115 million. The private placement was purchased by one or more investment funds or managed accounts by Prudential Private Capital, Inc., and Cigna Investment Inc. Procaps´ subsidiaries, including Salvadoran subsidiaries Procaps S.A. […]
BLP has assisted PROPARCO in making an unsecured $30 million loan facility available to Banco Cuscatlan, S.A. The proceeds of the loan will be used by Banco Cuscatlán to make sub-loans to eligible sub-borrowers, including women-led/owned small and medium-sized enterprises in El Salvador. This transaction is intended to provide support to small and medium-sized companies […]
At the ASIPI General Assembly held on December 1 in Punta Cana during the XXI Congress of the Association, the new Executive Committee that will lead the Association until December 2023 was elected. The incoming Executive Committee consists of Enrique Díaz (Mexico) as President, Luis Henriquez (Venezuela) as Vice President 1, Jorge Chávarro (Colombia) as […]
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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, […]