Facio & Cañas won the award for "The Transaction of the Year 2007" as a result of the counseling provided to McDonald's Corporation in Costa Rica with respect to the acquisition of its regional franchise. This transaction involved the transfer of 1600 restaurants in 18 Latin American countries.

The Legislative Assembly of Costa Rica has enacted the Insurance Market Regulatory Law, which ends the monopoly of Instituto Nacional de Seguros (INS - National Insurance Institute) and allows local companies as well as foreign companies organized in the country to enter into the insurance selling market.

Facio & Cañas is making an effort to strengthen its leadership and to become a true model of corporate social responsibility. Our firm is conscious of the priority that the issues related to the protection of the environment and the procuring of sustainable development deserve.

In order to generate alternatives to deal with the problem of infrastructural deficit existing in Costa Rica, and in order to canalize investments in this type of works, the Legislative Assembly approved a partial reform to the General Law on Concession of Public Works with Public Services.

Instituto Costarricense de Electricidad (ICE) is looking for international partners to exploit geo-magmatic energy, as an option to generate low-cost energy.