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Morgan & Morgan contributed to The World Justice Project – Rule of Law Index 2022.

Panama, December 15, 2022. Maria Tereza Mendoza, Mayte Sanchez Gonzalez and Milagros Caballero, attorneys at Morgan & Morgan, contributed with the Panama chapter of The World Justice Project (WJP) Rule of Law Index, 2022 edition. The publication was supported by experts from 140 countries and presents a portrait of the rule of law in the

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Morgan & Morgan advised Cirsa Finance International S.à.r.l. in connection with the offering of senior secured notes for an amount of up to €425,000,000.

Panama, November 9, 2022. Morgan & Morgan acted as Panamanian legal counsel to Cirsa Finance International S.à.r.l. (the “Issuer”), in connection with the offering (the “Offering”) pursuant to the final offering memorandum dated October 26, 2022 (the “Offering Memorandum”) of €425,000,000 aggregate principal amount of 10.375% Senior Secured Notes due 2027 (the “Notes”), issued by

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Morgan & Morgan advised Latin American Kraft Investments Inc. in the registration of revolving corporate bonds for an amount of up to US$60 million.

Panama, November 3, 2022. Morgan & Morgan represented Latin American Kraft Investments, Inc. (the “Issuer”), in the registration of revolving corporate bonds for an aggregate amount of US$60,000,000, under the abbreviated registration process for recurring registered issuers with the Superintendency of Capital Markets of Panama, in order for the Issuer to publicly offer the bonds

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Morgan & Morgan advised Latin American Kraft Investments, Inc. in the registration of revolving commercial papers for an amount of up to US$40 million.

Panama, November 3, 2022. Morgan & Morgan represented Latin American Kraft Investments, Inc. (the “Issuer”), in the registration of revolving commercial papers for an aggregate amount of US$40,000,000, under the abbreviated registration process for recurring registered issuers with the Superintendency of Capital Markets of Panama, in order for the Issuer to publicly offer the revolving

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Morgan & Morgan advised Cinven in the acquisition of the assets of Bayer, S.A. in Panama.

Panama, November 2, 2022. Morgan & Morgan acted as Panamanian counsel to Cinven, through one of their US companies, Environmental Science US, INC. as purchaser, with respect to the acquisition of the assets of Bayer, S.A. in Panama.  Cinven, an international private equity firm, acquired all the assets in multiple jurisdictions of Bayer Environmental Science,

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Luis Manzanares elected Member of World Services Group 2022-2023 Latin American Regional Council.

Panama, November 1, 2022. Morgan & Morgan is pleased to announce that partner Luis Manzanares has been elected Member of the World Services Group (WSG) 2022-2023 Latin American Council. As a Member of the WSG Latin American Council, Mr. Manzanares will contribute to regional Council discussions and activities that WSG can incorporate as an organization and be a

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Morgan & Morgan outstands in The Legal 500 Latin America 2023.

Panama, October 20, 2022. With 27 attorneys and seven ranked practices, Morgan & Morgan heads the Panama chapter of The Legal 500 Latin America 2023 edition. In addition, eight practice areas receive the top Tier 1 ranking in the publication. The 27 attorneys of the firm recommended by this reference publication are: Allen Candanedo: Intellectual Property. Amanda Barraza:

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Amendments to the Decree that creates the Subcategory of Permanent Resident as Qualified Investor in Panama (Golden Visa).

Executive Decree No. 109 of 13 October 2022 With this new decree, paragraph a, numeral 2 of article 3 and article 10 of Executive Decree No. 722 of 15 October 2020 are modified. To apply for the Permanent Residence Permit as a Qualified Investor (commonly known as Golden Visa), there are four options: By a

Morgan & Morgan advised Corporación Andina de Fomento in the listing and placement of a Series of Set-Up Fixed Rate Notes for an amount of up to US$200 million.

Panama, September 30, 2022. Morgan & Morgan represented Corporación Andina de Fomento (CAF- Development Bank of Latin America) (the “Issuer”), in the listing and placement through the Latin American Stock Exchange (“Latinex”) of a Series of Step-Up Fixed Rate Notes for an aggregate of US$200,000,000 (the “Notes”), under the US$30,000,000,000 Medium Term Note Programme. The

The Ministry of Health lifts sanitary measures and restrictions for travelers

Decree No. 122 of September 14th, 2022, published in the Official Gazette on September 15th, 2022 (hereinafter “The Decree”), lifts sanitary measures and restriction for travelers. RELEVANT MEASURES: It is ordered to lift the mandatory physical distancing and capacity established in the National Territory due to COVID-19. It is ordered to lift the sanitary restriction measures for