BLP > Tegugigalpa, Honduras > Firm Profile

BLP > The Legal 500 Rankings

Honduras > Energy and projects Tier 1

As a regional firm, BLP is well equipped to advise a host of multinational and domestic clients – including an extensive roster of Honduran renewable energy generators – on transactional and regulatory matters in the energy and projects sphere. The team has wide-ranging expertise in financings in the energy sector, covering project finance, green bonds and sustainability-linked financings, and also handles the negotiation of PPAs. In addition, the thriving environmental practice routinely advises on obtaining the required licences and permits. At the senior level, José Miguel Álvarez, who has broad experience in project finance and development in the energy and infrastructure spaces, and Karla Aguilar, a renowned specialist in the full spectrum of project-related regulatory and environmental issues, are the names to note. Senior associate Rafael Chicas is also a key contact, with particular expertise in public-private partnership (PPP) contracts.

Honduras > Intellectual property Tier 1

BLP is highlighted by clients for its ‘ability to deal with matters in all of Central America‘, thanks to the firm’s extensive platform in the region, which is a clear asset when advising regional and global companies with operations in Honduras on the full spectrum of IP work. The team has a robust IP litigation practice, with a strong recent record of representing clients in opposition and cancellation actions, in addition to advising on the management of trade mark, patent and health registration portfolios. Its broad client base spans a range of sectors, including pharmaceuticals, cosmetics, food and beverages, and hospitality. ‘Trustworthy‘ practice head Fernando Godoy is equally skilled in contentious and non-contentious IP matters. He receives capable support from associates Ingrid Campos and José Armando Arriaga.

Honduras > Tax Tier 1

BLP‘s ‘highly collaborative‘ tax team is commended by clients for its ‘extensive knowledge and experience in the field‘, which takes in tax litigation, structuring and compliance. Representing taxpayers in disputes with the SAR forms a key pillar of the practice, and the team also advises an array of multinationals and financial institutions on the tax aspects of M&A and project financing, and tax exemptions and credits (particularly in the clean energy space). The practice is led by the experienced duo of Lilian López, who handles the full spectrum of international trade, customs and tax matters, and Jorge Brizuela, a high-profile name for tax issues in the energy sector. The talented group of associates includes Fernando Gómez (who stands out for his ‘clarity in explaining the most technical issues‘) and Norma Amador (who brings two decades’ in-house experience at the SAR).

Honduras > Banking and finance Tier 2

BLP‘s banking and finance practice draws on firm-wide expertise in the energy sector to advise on an array of financial transactions in this space, particularly with regard to project finance, including securing loans from multilateral development agencies for the construction and renovation of energy facilities. As a regional firm, it is also well placed to advise international development finance institutions on sustainability-linked loans to Honduran companies. José Miguel Álvarez coordinates the practice and has a notable background in the financing and development of energy and infrastructure projects, with an emphasis on the renewable energy sector. The deep bench of junior lawyers includes senior associate Rafael Chicas and associates Ivis Alvarado and Alí Ordóñez.

Honduras > Corporate and M&A Tier 2

BLP‘s star continues to rise in Honduras, with its corporate practice rapidly establishing an impressive track record in advising Fortune 500 companies and handling high-profile, cross-border M&A, drawing on the firm’s region-wide network and two offices in the jurisdiction for support. Singled out as ‘the gold standard‘ for ‘the communication, ability of the team and understanding of the client’s business‘, the team is also experienced in joint ventures and corporate restructurings, and is highly active in the energy sector, reflecting the wider firm’s expertise in this space. José Miguel Álvarez, who is hailed as a ‘titan of corporate law‘, oversees the practice alongside Karla Aguilar, a renowned specialist in the energy and environmental spheres. The talented cohort of junior lawyers includes director Roy Zavala, who has a focus on antitrust matters; senior associate Rafael Chicas, an expert in the energy sector; and associate Ivis Alvarado. The firm has also introduced an Innovation Commission with the aim of implementing new technologies to support clients.

Central America > Corporate and finance

BLP has continued to expand its presence in Central America, launching its fourth Costa Rica office, which focuses on real estate transactions, in Marina Flamingo in January 2023, as well as providing environmental and immigration advisory services through two innovative companies: Zone and Moval. The firm houses comprehensive corporate and finance practices in the region, with standout expertise in infrastructure and energy-related transactions, and is widely recognised for its representation of Fortune 500 companies. Its strength in international transactions is reinforced by its representative office in Madrid, where David Gutiérrez is the key name. Gutiérrez, an expert in M&A and infrastructure financing, also heads the corporate practice in Costa Rica (where the firm has additional branches in San José, Marina Los Sueños and Las Catalinas), while Vivian Liberman and Andrés López lead the banking team. In Guatemala, the firm strengthened its practice with the hire of former Arias senior partner Jorge Luis Arenales, who has a wealth of experience in corporate and finance transactions, in June 2023; he joins the well-regarded duo of Luis Ruiz, who is also a skilled IP lawyer, and María Inés Arenales. Zygmunt Brett, an authority in financing, capital markets and M&A matters, is the name to note in El Salvador, and Ernesto Rizo, an expert in the mining and agribusiness spheres, leads the corporate and finance team in Nicaragua. In Honduras - where the firm has branches in Tegucigalpa and San Pedro Sula - José Miguel Álvarez and energy specialist Karla Aguilar are the key contacts.