The Ministry of public security establishes changes for the provisional residence renewal and the permanent residence applicable to the migratory regularization processes

The Ministry of Public Security through Resolution No. 1744 of January 26, 2022 (hereinafter the “Decree”) establishes the new changes for the Provisional Residence Renewal and the Permanent Residence applicable to foreigners who have obtained their provisional permits under the Extraordinary or General Migratory Regularization Processes, as follow: The reception of all Provisional Permit Renewal

Morgan & Morgan Pro Bono program repeats international recognition.

Panama, January 25, 2022. For the ninth year in a row, Morgan & Morgan has received the “Leading Lights” recognition in Latin America for the firm´s Pro Bono program. In Panama, only Morgan & Morgan achieved this status, sharing honors with other leading firms across the region. This distinction is granted annually by Latin Lawyer,

Morgan & Morgan advised in the reacquisition and purchase of the majority stake of Supermercados Xtra, S.A.

Panama, January 7, 2022. Morgan & Morgan acted as legal counsel of Supermercados Xtra, S.A. (“XTRA”) and Grupo Harari, in the reacquisition by XTRA and the purchase by Grupo Harari of the shares owned by Souq Investments LP, equivalent to 53% of the issued and outstanding shares of XTRA, resulting in Grupo Harari becoming the

Morgan & Morgan advised Supermercados Xtra, S.A. in connection with the offering and issuance of corporate bonds for an amount of up to US$100 million.

Panama, January 5, 2022. Morgan & Morgan advised Supermercados Xtra, S.A., one of the leading supermarket chains in Panama (the “Issuer”), in the amendment to certain terms and conditions of the Issuer’s US$250,000,000 public bond issuance registered with the Superintendency of Capital Markets of Panama in order for the Issuer to offer and issue three

Morgan & Morgan Legal promotes Mayte Sanchez Gonzalez as a new partner in its Litigation and Dispute Resolution team.

Panama, December 29, 2021. Morgan & Morgan Legal is pleased to announce the recent promotion of attorney Mayte Sanchez Gonzalez as partner of the firm. This designation reinforces the firm´s notable practice in litigation and dispute resolution processes (including arbitration), and at the same time, reinforces its commitment to gender equality and equal opportunities in

Morgan & Morgan promotes Fanny Evans as a new partner in its Estate Planning and Corporate Services team.

Panama, December 28, 2021. Morgan & Morgan is pleased to announce the recent promotion of attorney Fanny Evans as partner of the Fiduciary Services Unit. This designation reinforces the firm´s notable practice in estate planning and corporate services matters. Fanny specializes in business and corporate law, estate planning and company formation and management. She also

The Ministry of Health regulates the requirements for the entry to the country of national, resident or foreigner passangers with complete vaccination with covid-19 vaccines not approved by WHO, FDA or EMA.

The Ministry of Health (hereinafter, MINSA), through Executive Decree No. 883 of December 10th, 2021 (hereinafter the “Decree”), establishes the measures for the entry of national, resident or foreigner passangers with a complete vaccination with COVID vaccines not approved by the WHO, FDA or EMA, during the State of National Emergency, as follow: NEW RULES APPLICABLE FROM DECEMBER

Morgan & Morgan Partners recommended by the Latin American Corporate Counsel Association (LACCA)

Panama, December 14, 2021. Partners Carlos Ernesto González Ramírez (Antitrust & Competition), and Inocencio Galindo (Banking & Finance) have been included at LACCA Approved 2022, a selection of Latin American leading lawyers in specific areas of law. Approved lawyers have been personally recommended by members of LACCA, who are all general counsel from the top

Morgan & Morgan Legal Banco Delta, S.A. in the registration of a non-revolving program of subordinated corporate bonds for an amount of up to US$30 million.

Panama, December 10, 2021. Morgan & Morgan Legal advised Banco Delta, S.A., a general license bank engaged in the consumer banking business in Panama (the “Issuer”), in the registration of a non-revolving program of subordinated corporate bonds to be issued in series for an amount of up to US$30,000,000 with the Superintendency of Capital Markets

Relevant changes Spreadsheet 03

December 3, 2021 Executive Decree No.186 of 22 November 2021, published in the Official Gazette 29427-C of  December 2nd 2021, establishes important changes to Form 03, which is the report that allows taxpayers to submit information on all their employees for income tax withholdings. These are summarized below: Filing. Previously it was filed within the