Webinar competencia
Pedro Caro de Sousa, an OECD expert, was the main speaker in the webinar “Competition in times of pandemic: the role of economic agents and authorities”, organized today by the Konrad Adenauer Foundation and the Association of Professionals in Administrative Contracting. Our partner Alan Thompson participated as a guest commentator.
Créditos BCCR
The Central Bank of Costa Rica has announced that it is considering opening lines of credit to banks and other financial intermediaries to finance companies affected by the pandemic. In an article in this week’s edition of El Financiero, our partner Alan Thompson discusses the legal feasibility of the proposal. The article is available here:
Ley usura
As of today, maximum interest rates apply to all types of loans in Costa Rica, as per amendments to the Law of Promotion of Competition and the Effective Defense of the Consumer introduced by Law # 9859 published on June 20, 2020. Charging interest rates above the legal maximum will constitute the crime of usury […]
Concurso
Following the adoption of Law No. 9736 on the Strengthening of Competition Authorities, Costa Rica begins the process of integrating the new top body of the Competition Commission (the “Coprocom”), a key issue in the country’s OECD accession process. The terms of the public contest to select new full time members were published today in […]
Webinar
Our partner, Alberto Fernández López, participated today as a guest panelist in the webinar “Conciliation and Arbitration in the Region: Challenges and Opportunities in the face of Covid-19”, organized by the conciliation and arbitration centers of Central America and the Dominican Republic.
ALDEC
The Latin American Association of Construction Law (ALDEC) publishes in its April newsletter an article co-written by our partner, Alberto Fernández López, on FIDIC contracts, pricing in construction contracts and the use of dispute boards. The article is available here:
Ministry of Health
Costa Rica’s Ministry of Health is issuing regulations and guidelines related to the COVID-19 pandemic, applicable in the public and private sectors. We are providing legal advice to our clients on corporate and regulatory issues involved in the implementation of such regulations. The official list of COVID-19 related regulations and guidelines is available here: https://link.btalegal.com/wji
Client Choice
Our partner Alan Thompson was recognized as a winner of the Banking Law category for Costa Rica in the 2020 edition of the prestigious Lexology Client Choice awards. Established in 2005, Client Choice recognizes those law firms and partners around the world that stand apart for the excellent client care they provide and the quality […]
Ley 9736
Important forums on Costa Rica’s new competition law took place last week in San José, one on December 10 organized by Lead University and another on December 13 organized by the Competition Commission (COPROCOM). Our partner Alan Thompson participated in both forums as a guest panelist and spoke about the expectations around this recent legal […]
Se publica Ley 9736
Law # 9736 strengthening Costa Rican competition authorities enters into force today following publication in the official bulletin “La Gaceta”. Under this law, the Competition Commission (COPROCOM) will become a full-time administrative tribunal and its budget will be significantly increased. Also, both the COPROCOM and the Superintendence of Telecommunications (SUTEL) will have more powers to […]