David Gutiérrez

David has over 20 years of professional experience during that time he mastered a number of areas of expertise. His current focus is on Business Law, Banking & Finance, Business & Sustainability, among others.

In 2003, David joined his friend and colleague Luis Castro in a crucial decision to regenerate the practice of law. At that moment, the two young lawyers created a fresh paradigm: BLP (Business Law Partners) was born. A burning desire to seek the best business as well as legal solutions from the client’s perspective has fueled the firm’s unprecedented growth. From a handful of lawyers and staff at the outset to almost 300 employees in 2018.

• BLP represented BNP Paribas Securities as a structure, and the investors, in a securitization of diversify payment rights of Banco Davivienda Costa Rica, according to which bonds for the amount of US$250 million were issued and placed in New York, USA.  This was a complex and high value transaction that was important for the client and was a valuable precedent for the Costa Rican banks.
• BLP represents IADB (InterAmerican Development Bank), International Finance Corporation (IFC) and a Consortium of local banks in all matters related to the project financing in order to built and operate  the Reventazón Hydropower Project. This is the largest hydropower project in Central America (305 MW) and the second infrastructure in the region (1,5 US Billion). BLP continues to supervise the construction phase of the project which is now 90% finished. Also, the firm is working on several amendments to the construction agreements and the security documents of the project. The financing involved the first project bonds in Central America. Project was awarded the “Central America Energy Deal of the Year”.
• BLP advised Goldman Sachs’ in the structuring and lending credit package to the consortium that will build the 146-kilometre motorway in central Colombia. successful financing of the first three 4G (Fourth Generation) highway concessions, expanding the country’s ground transportation infrastructure. This will facilitate construction of the Girardot-Puerto Salgar, Pacifico 3, and the Barranquilla-Cartagena Corridor projects. The projects will be financed by both national and international investors. US investment bank Goldman Sachs provide $1.2 billion USD for the projects, and the deal structure, with participation of FDN will have both dollar and peso components, and financing terms up to 20 years. This project is part of the fourth generation concessions projects launched by the Colombian government as part of its program of road infrastructure posed by the construction and operation concession of more than 8,000 km of roads whose main objective is to improve the competitiveness of the country, decreasing the cost and time of transporting people and, especially, cargo, from the point of manufacture to export ports. The transaction was very complex because it was necessary to implement a number of safeguards in different jurisdictions under a loan agreement signed under the laws of New York and involved the participation of legal teams in New York and Colombia.
  “The participation of Goldman Sachs in the financing of the Girardot-Puerto Salgar, Pacifico 3, and the Barranquilla-Cartagena corridors demonstrate the confidence in our economy and the interest by the international markets in participating in the financing of the 4G projects in Colombia,” said Finance Minister Mauricio Cardenas.The three concessions will be constructed by firms Mario Huertas, MECO, El Cóndor, Ingeniería de Vias, S.A. and Pavimentos de Colombia, S.A.S.

• Banking
• Capital markets: Debt
• Capital markets: Equity
• Financial restructuring
• M&A
• Private equity
• Project development
• Project finance

• Automotive
• Aviation
• Banking
• Financial services
• Industrials
• Investment management

• Costa Rica

• Co – Chair of Regional Fora Coordination Committee of the International Bar Association (IBA)
• President of the Board of Directors of the CRUSA Foundation
• Ex-auditor of the Business Association for Development (AED)
• Honorary founding member of the Omar Dengo Foundation
• Fellow of the Aspen Institute’s Central American Leadership Initiative (CALI)
• Founding member of the Pro Bono Commission of the Bar Association of Costa Rica
• Founding member and former Chairman of the Costa Rican International Law Association (ACODI)

• Law Degree, Universidad de Costa Rica, 1994.
• LLM (Fulbright Scholar with a Fellowship), Georgetown University, 1997.