Immigration exceptions for North American and Canadian citizens; and foreigners who work in companies with an MHQ license or those established in the Panama Pacifico Special Economic Area.

Resolution No. 22706 of September 10th, 2021, published in the Official Gazette on September 20th, 2021 (hereinafter “The Resolution No. 22706”), exempts citizens of the United States of America and Canada from the effects and terms of the Resolution No. 22068 of September 1st, 2021. Resolution No. 22246 of September 3rd, 2021, published in the

Chambers & Partners shortlisted Carlos Ernesto Gonzalez Ramirez to receive the Diversity and Inclusion Award.

Panama, September 20, 2021. We are proud to announce that our partner Carlos Ernesto Gonzalez Ramirez has been shortlisted in the Chambers Latin American Awards 2021 in the category “Diversity and Inclusion: Outstanding Contribution.” Mr. Gonzalez Ramirez is one of the ten lawyers granted this distinction, sharing the honor with highly recognized legal professionals in Latin America.

Chambers & Partners shortlisted Morgan & Morgan as “Panama Law Firm of the Year.”

Panamá, September 17, 2021. Morgan & Morgan is pleased to announce that our firm has been shortlisted in the Chambers Latin American Awards 2021 as “Panama Law Firm of the Year,” one of the most renowned recognition in the legal profession.    Morgan & Morgan is one of the five Panamanian Law firms granted this important distinction,

New requirements for admission as a tourist to the Republic of Panama

Resolution No. 22068 of September 1, 2021, published in the Official Gazette on September 3, 2021 (hereinafter “The Resolution”), establishes the requirements for entering the country as a tourist. RELEVANT MEASURES: The most relevant measures included in the Resolution are: Foreign persons who occasionally enter the national territory without the intention of establishing residence in

Morgan & Morgan achieved the highest number of rankings for Panama in Chambers Latin America.

Panama, September 3, 2021. Morgan & Morgan has achieved the highest number of rankings for Panama in Chambers Latin America Guide 2022, the key reference point of Latin American top law firms. The directory has assigned the firm twenty rankings in seven practice areas, the highest number for a Panamanian law firm. This year, the

New measures for the entry to country of nationals, residents, or foreign travelers

The Ministry of Health (hereinafter, MINSA) through Executive Decree No. 833 of August 30th, 2021 (hereinafter the “Decree”), modifies the measures for the entry of nationals, residents or foreigners while the State of National Emergency lasts, namely: NEW RULES FROM AUGUST 30th, 2021: Preventive Quarantine: Any traveler who enters the national territory by air, land or sea,

Morgan & Morgan advised Banistmo S.A., as facilities agent and administrative agent, in a multimillionaire financing agreement related to Line 3 of Panama´s City Metro System, one of the largest public infrastructure projects in Panama.

Panama, August 31, 2021. Morgan & Morgan acted as Panamanian counsel to Banistmo S.A. in its role as agent of the three facility agreements. Additionally, Morgan & Morgan Legal acted as Panamanian counsel to Banistmo S.A., in its role as administrative agent of the Purchase Agreement of “Certificados de No Objeción”. Transactions related to the

Morgan & Morgan advised Galores Group in the sale of its cold storage business to Emergent LatAm.

Panama, August 31, 2021. Morgan & Morgan  advised the shareholders of the companies Galores Refrigerados S.A., Galores Logística S.A., and Avner Perry Investments, S.A. (the “Galores Group”), in connection with the sale of Galores Group to Emergent Cold Latin America (“Emergent LatAm”), Latin America’s newest temperature-controlled warehousing and logistics provider. Galores Group is the largest

Morgan & Morgan advised Avianca Holdings, S.A. and its subsidiaries, in connection with a US$ 1.5 billion DIP-to-exit facility which would secure the company’s exit financing from its Chapter 11 reorganization proceeding under the U.S. Bankruptcy Code.

Panama, August 27, 2021. Morgan & Morgan acted as Panamanian counsel to Avianca Holdings, S.A., as Debtor; and certain of its subsidiaries, as Guarantors, in connection with a DIP-to-exit facility used to repay Tranche A of US$ approximately 1,430,000,000.00, under a certain debtor-in-possession agreement executed on October, 2020, and its replacement with a new Tranche

The National Bar Association of Panama awarded Albalira Montufar with the Secundino Torres Gudiño medal

Panamá, August 23, 2021. We are glad to announce that our partner Albalira Montufar was awarded by the National Bar Association of Panama, with the Secundino Torres Gudiño medal, a distinction for young legal professionals with more than ten (10) years in the legal profession, who stand out for their performance in studies, and for participating in