Morgan & Morgan advised Global Bank Corporation in the registration of a revolving program of secured corporate bonds for an amount of up to US$20 million.

Panama, April 9, 2021. Morgan & Morgan advised  Global Bank Corporation, a general license bank engaged in the banking business in Panama, in the registration of a revolving program of secured corporate bonds to be issued by  Ritol Investments, Inc., a company engaged in the real estate business in Panama (the “Issuer”), in series for

The United States Corporate Transparency Act (“CTA”) of 2021

Fanny Evans, Senior Associate, Morgan & Morgan What is the CTA? The CTA was enacted on January 1st, 2021 as part of the National Defense Authorization Act to prevent the use of companies to evade anti-money laundering rules or to hide other illegal activities. Under the CTA companies will be required to report information regarding

The Ministry of Health establishes measures for entry into the national territory for people coming from South America due to New Strain of COVID-19.

The Ministry of Health (MINSA), through Executive Decree No. 260 of March 29, 2021 (hereinafter the “Decree”), and due to the new strain of P1 Sars Cov-2 (COVID-19) has informed certain measures applicable to all persons coming from, who have stayed in or transited through any country in South America, as follows: As of 12:01

Morgan & Morgan Pro Bono program repeats international recognition

Panama, March 3, 2021. For the eight 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 high-caliber firms across the region. This distinction is granted annually by Latin Lawyer,

COVID-19 vaccination registration for foreigners

As of February 12, 2021, the National Authority for Government Innovation enabled the COVID-19 vaccination registration for all foreigners who are living in Panama. To complete the registration, you must follow these steps. Step 1. Enter the following link. https://vacunas.panamasolidario.gob.pa/vacunas_menu/   Step 2. You must select one of the following options. a. For permanent resident,

Immigration and labor immigration regime for companies with EMMA license

Executive Decree No. 33 of February 4th, 2021 (hereinafter, the “Decree”), published in the electronic Official Gazette on February 5th, 2021, regulates Law 159 of August 31, 2020 (hereinafter, the “Law”), which created the Special Regime for the Establishment and Operation of Multinational Companies for the Provision of Services Related to Manufacturing (EMMA). In relation

The National Immigration Authority extends the validity of documents, due to the COVID-19 pandemic

Resolution number 636 of January 27th, 2021 issued by the National Immigration Authority (“SNM”), and published in the Official Gazette on February 1st, 2021 establishes an additional extension of documents, due to the crisis of the COVID-19 pandemic, namely: • An extension until June 30th, 2021 in the validity of any identification document issued by

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

Panama, January 21, 2021. Partners Carlos Ernesto González Ramírez (Antitrust & Competition), and Inocencio Galindo (Banking & Finance) have been included at LACCA Approved 2021, 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 promotes Kay-Linda Richardson to role of Senior Officer Manager of MMG Trust (BVI) Corp.

British Virgin Islands, January 14, 2020. Morgan & Morgan is pleased to announce the promotion of Ms. Kay-Linda Richardson to the role of Senior Officer, with the designation of Manager of MMG Trust (BVI) Corp. The approval was granted by the British Virgin Islands Financial Services Commission, pursuant to section 19(2) of the Banks and Trust

The Ministry of Health establishes sanitary measures for the entry of passengers

Decreto Ejecutivo N ° 61 enero 8 º , 2021 (en adelante “el Decreto”), publicado en el Boletín Oficial el mismo día, establece medidas sanitarias para los pasajeros al entrar en Panamá durante el estado de emergencia nacional. Medidas relevantes : Requisitos de entrada: Todos los pasajeros deben cumplir con los siguientes requisitos para ingresar