Morgan & Morgan Legal strengthens its Tax Law practice.

Panama, July 8, 2022. Morgan & Morgan Legal is pleased to announce the recent incorporation of Mr. Jose Rafael Reyes as partner and head of the Taxation practice group of the firm. Mr. Reyes has over ten years of experience handling complex legal and tax matters. He regularly advises clients from multiple industries in connection

New sanitary measures for the entry of travelers

By means of Decree No. 102 of July 01st 2022, published in the Official Gazette on July 04th, 2022 (hereinafter “The Decree”), the Ministry of Health of the Republic of Panama establishes new sanitary measures for the entry of travelers to the country. RELEVANT MEASURES The most relevant measures included in this Decree are: It is established

Morgan & Morgan won the Jurisdiction award in the Women in Business Law Awards 2022.

Panama, July 5, 2022. We are pleased to announce that our firm won the Jurisdiction award in the Women in Business Law Awards 2022 – Americas: Morgan & Morgan Jurisdiction – Panama These awards, organized by Euromoney plc, recognizes women in business law and those law firms that have designed initiatives and programs to support

Morgan & Morgan advised Supermercados Xtra, S.A. in connection with the registration of common shares for an amount of up to US$45.5 million.

Panama, July 4, 2022. Morgan & Morgan advised Supermercados Xtra, S.A., one of the leading supermarket chains in Panama (the “Issuer”), and its shareholders in the registration of its 12,500,000 common shares (the “Common Shares”) with the Superintendency of Capital Markets of Panama for their negotiation in a secondary market transaction through the Latinamerican Stock

Morgan & Morgan advised Mercantil Holding Financiero Internacional, S.A. (MHFI) in the execution of a promissory share purchase agreement for the acquisition of the majority stake in Capital Bank, Inc.

Panama, June 30, 2022. Morgan & Morgan advised Mercantil Holding Financiero Internacional, S.A. (MHFI), a subsidiary of Grupo Mercantil, in relation to the execution of the Promissory Share Purchase Agreement (the “SPA”) dated June 29, 2022, by and among the shareholders of Capital Bank, Inc. (“Capital Bank”) as sellers (the “Sellers”), and MHFI, as a buyer,

Leaders League Latin America IP 2022

Panama, June 28, 2022. Attorneys Maria Eugenia Brenes and Allen Candanedo have been featured in the ranking of the best law firms in Panama in Intellectual Property matters by the publication Leaders League Latin America 2022. The complete ranking is available here.

IFLR 1000 Banking and Finance: Top Tier

Panama, June 13, 2022. We are proud to announce that our law firm has been ranked as Top Tier in the new Banking and Finance rankings of IFLR 1000 2022. Congratulations to our Corporate Law team, and thanks to our clients for trusting us and making this recognition possible. The publication is available here.

The United Kingdom Economic Crime Act

The United Kingdom (UK) Economic Crime (Transparency and Enforcement) Act (the Act”) came into force on 15th March, 2022. A new Register of Overseas Entities will be created and held by Companies House. This new Act forms part of the UK government’s strategy to combat economic crime, while making sure that legitimate businesses continue to

Morgan & Morgan Legal strengthens its Corporate Law practice.

Panama, June 13, 2022. Morgan & Morgan Legal is pleased to announce the recent incorporation of Mr. Alejandro Vasquez Vallarino as a senior associate in the Corporate Law Department of the law firm.   Mr. Vasquez V. specializes in matters related to mergers and acquisitions, joint ventures, capital markets, debt and collateral structuring, and corporate re-organizations.   Prior

Morgan & Morgan advised Mercantil Servicios Financieros Internacional, S.A. in the private issuance of corporate bonds for an amount of up to US$10 million.

Panama, June 2, 2022. Morgan & Morgan advised MERCANTIL SERVICIOS FINANCIEROS INTERNACIONAL, S.A. (the “Issuer”), the holding company of Grupo Mercantil and the indirect holder of leading enterprises in the banking and insurance business in Panama and other countries, in the private issuance of corporate bonds in the amount of US$10,000,000.00 (the “Private Bonds”), which