IDB Invest has hired Hunton Andrews Kurth LLP in Washington, DC, and Consortium Legal (Costa Rica) to provide a US$21.5 million A/B loan to local education group Edulink and two affiliate companies to develop a Texas Tech University satellite campus in Costa Rica.
There are nine law firms in the Costa Rican chapter of the Latin Lawyer 250, making it the largest in the Central American section. Costa Rica is also home to some of the biggest firms in the region. BLP (Costa Rica) has 86 lawyers, while Consortium Legal (Costa Rica) has a headcount of 80, more than double their counterparts in the other four countries. The country’s strong business community and political stability have enabled law firms to grow and deepen their specialisations.
Latin Lawyer is delighted to announce the shortlisted transactions for the project finance, disputes and restructuring categories of its 12th annual Deal of the Year Awards.
Zürcher Odio & Raven has helped US investment group CPG Real Estate and Costa Rican businessman Rubén Pacheco buy two Marriot hotels from private equity outfit Cuestamoras.
Today, Costa Rica is the focus of our overview of Latin America's leading business law firms, which have been analysed in the 18th edition of the Latin Lawyer 250.
State-owned Costa Rican telecoms provider Instituto Costarricense de Electricidad (ICE) is challenging a fine handed down by the Superintendency of Telecommunications (Sutel) for engaging in anticompetitive practices – drawing the backing of a coalition of seven unions associated with the state-owned company, which accuse the telecoms regulator of prejudicing the case.
Costa Rica has passed legislation expanding the type of assets banks can accept as collateral in loans, in a bid to increase small and medium-sized businesses’ access to credit.
Costa Rican firm BLP has opened its third office in the country, aimed at tapping into real estate work fuelled by the region’s growing tourism market.
Latin Lawyer continues with its overview of the region’s leading business law firms in Latin America, as analysed in the 17th edition of Latin Lawyer 250. Today the focus is on Costa Rica.
Davis Polk & Wardwell LLP’s New York and Washington, DC offices and Zürcher Odio & Raven in San José are helping Swedish telecoms company Millicom merge with its Costa Rican counterpart TeleCable Económico.