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ICLG Lending & Secured Finance 2023: Panama Chapter.

Panama, May 23, 2023. Partner Kharla Aizpurua Olmos contributed to the Panama chapter of the International Comparative Legal Guide (ICLG) – Lending & Secured Finance 2023 – a guide to lending and secured finance laws and regulations in 33 jurisdictions. Panama chapter covers common issues including guarantees, collateral security, financial assistance, syndicated lending, and LIBOR placement. The chapter is

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STEP Caribbean Conference 2023.

Panama, May 16, 2023. MMG Trust (Belize-Bahamas-BVI) had an outstanding participation as a sponsor of the STEP Caribbean Conference 2023, “Intrapreneurship – driving change in an uncertain world,” held in Panama City from May 10 to 12. The event brought together professionals from the Caribbean and Central America region experienced in the trust and corporate

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Bloomberg Tax Guide 2023: Panama Chapter.

Panama, April 27, 2023. Partner José Rafael Reyes contributed to the Panama chapter of Bloomberg Tax´s Country Guides – a guide to corporate taxes in more than 200 jurisdictions. The publication provides detailed summaries to give a non-resident business an understanding of its tax liability and permit it to manage some compliance elements. Country Guides covers corporate taxes, personal taxes,

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The World´s Leading Trademark Professionals (WTR) 2023

Panama, April 15, 2023. Allen Candanedo and Maria Eugenia Brenes, attorneys in the Intellectual Property Department of the firm, have been featured in the 2023 edition of the ranking table World Trademark Review 1000 – The World´s Leading Trademark Professionals – a unique guide that identifies the top trademark professionals in key jurisdictions around the

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The Ministry of Labor updates and introduces new modifications to the Labor Immigration regulations in Panama (Executive Decree No. 6 of April 13, 2023).

Executive Decree No. 6 of April 13, 2023 (hereinafter the “Decree”) that regulates Labor Immigration and subrogates Executive Decree No. 4 of March 2, 2023, therefore replacing it entirely, with the objective of regulating Labor Immigration and repeal all regulations relating to work permits in Panama. MOST RELEVANT CHANGES AND ADDITIONS: A. Classification of Work Permits: The

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Morgan & Morgan consolidates as the most ESG-responsible law firm in Panama.

Panama, April 7, 2023. The Corporate Reputation Business Monitor (MERCO), a benchmark monitor for Ibero-America, announced the ranking of the 100 most ESG-responsible companies in Panama in 2022. We proudly announce that Morgan & Morgan has consolidated its position as #1 in the Legal Sector. By category, Morgan & Morgan ranks the following positions: (E) Environment: #13 (S) Internal,

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Morgan & Morgan advised MMG Global Allocation Fund, Inc. in the conversion from a closed-end simple fund into a closed-end umbrella fund.

Panama, April 5, 2023. Morgan & Morgan represented MMG Global Allocation Fund, Inc. (“MMGGFAF” or the “Fund”) before the Superintendence of Capital Markets (“SMC”) in the registration of the amendment of the terms and conditions of the public offering of its participating shares and the authorization for the conversion from a simple closed-end fund into a

Morgan & Morgan advised Green Tower Properties Inc. and its shareholders in the registration and conversion as a Real Estate Investment Trust and an initial public offering (IPO) of its shares through Latinex.

Panama, March 31, 2023. Morgan & Morgan advised Green Tower Properties Inc. (“Green Tower”) and its shareholders, in the registration and conversion as a Sociedad de Inversión Inmobiliaria (the Panamanian equivalent of a Real Estate Investment Trust or “REIT”) before the Superintendence of the Securities Market of Panama (the Superintendencia del Mercado de Valores or “SMV”),

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Morgan & Morgan advised Minera Panama, S.A., in negotiating a Refreshed Concession Agreement with the Government of Panama for the Cobre Panama Project, the largest private investment in the history of Panama.

Panama, March 9, 2023. Morgan & Morgan acted as lead Panamanian legal counsel to First Quantum Minerals Ltd. (“FQM”) and Minera Panama, S.A. (“MPSA”), a subsidiary of FQM, in all aspects related to the negotiations with the Government of Panama for a refreshed mining concession agreement for the Cobre Panama Project (the “Draft Refreshed Contract”).  On

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Morgan & Morgan advised DMB in the acquisition of the Anschütz Group Panama subsidiary.

Panama, March 1, 2023. Morgan & Morgan advised DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH (“DMB”), with respect to the acquisition of 100% of RAYTHEON ANSCHUETZ PANAMA, S. DE R.L. (the “Panama Subsidiary”), as part of the acquisition of DMB of the entire Anschütz Group with its headquarters in Kiel (Germany) and international subsidiaries in Panama City