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, December 19, 2020. 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  Urban Development Group, S.A., a company engaged in the real estate business in Panama (the “Issuer”), in

Morgan & Morgan advised Avner Perry Investments, S.A. in the registration of a revolving program of secured corporate bonds for an amount of up to US$50 million.

Panama, December 17, 2020. Morgan & Morgan advised  Avner Perry Investments, S.A., a company engaged in the warehouse leasing business in Panama primarily under the Galores Refrigerados brand (the “Issuer”), in the registration of a revolving program of secured corporate bonds to be issued in series for an amount of up to US$50,000,000 with the

Morgan & Morgan achieves the 2020 Women in Business Law Awards: Talent Management.

Panama, December 2, 2020. Morgan & Morgan is pleased to announce that our firm won the Talent Management award in the Women in Business Law Americas Awards 2020. Morgan & Morgan received this recognition thanks to its Talent Management program that includes initiatives to keep female talent at the firm, promoting gender equity, recruitment, retention,

Morgan & Morgan advised Itaú Corpbanca in connection with two credit facilities for an amount of up to US$83,801,622.00 and COP 367,366,730,694.00

Panama, November 30, 2019. Morgan & Morgan acted as Panamanian Counsel to Itaú Corpbanca and the other lenders, in connection with two credit agreements granted by certain lenders and Itaú Corpbanca, as administrative agent, for amongst other, the refinancing of certain existing debt of Decameron group. The first for an amount of up to US$

The philosophy behind the successful Economic Substance Regime of the BVI

Following the introduction in the British Virgin Islands (BVI) of the Economic  Substance (Companies and Limited Partnerships) Act, 2018 (ESA), which became effective on January 1st, 2019, some questioned the sustainability of BVI’s position as a leading international financial centre. While we cannot underestimate those concerns, we believe that there is also evidence that ESA

Morgan & Morgan advised Banistmo, S.A. in connection with the public offering of senior secured notes for an amount of up to US$400 million issued through the ENA Master Trust

Panama, November 16, 2020. Morgan & Morgan acted as counsel to Banistmo, S.A., in connection with the issuance and placement of senior secured notes due 2048 with an interest rate of 4%, for an amount up to US$400,000,000.00, issued through the ENA Master Trust, a special trust vehicle created by Empresa Nacional de Autopistas, S.A.

Morgan & Morgan advised Continental Grain Company in an investment in Multifoods to support the company´s expansion plans

Panama, November 13, 2020.  Morgan & Morgan advised Continental Grain Company (“CGC”) in an investment in Multifoods (“Multifoods” or the “Company”), a leading Peru-based contract-manufacturing firm engaged in the production of food and beverage products, working with both grocery retailers and CPG companies. Morgan & Morgan advised CGC in all Panama law aspects of the

Morgan & Morgan lawyers and practices recognized in The Legal 500 – Latin America guide 2021

Panama, November 6, 2020. Morgan & Morgan repeated as a leading Panamanian firm in The Legal 500 – Latin America Guide 2021. Banking and Finance, Capital Markets, Corporate/M&A, Dispute Resolution, Offshore, Projects and Energy, and Shipping earned the top-tier rankings. In addition, fourteen lawyers of the firm received recommendations as follows: Leading Individual Inocencio Galindo

Time Bar for Indemnity Claims

Panama, November 1, 2020. Recently, as a member of the International Maritime Law Seminar (“IMLS”), Morgan & Morgan collaborated with an article for the IMLS’ newsletter published due to the cancellation of the annual IMLS events in London and Singapore as a consequence of the Covid-19 pandemic. Our attorney Andrés V. Mejía, from the Shipping

Panamá crea la subcategoría de Residente Permanente en calidad de Inversionista Calificado

28 de octubre de 2020 Mediante el Decreto Ejecutivo No. 722 de 15 de octubre de 2020, el Ministerio de Seguridad Pública de la República de Panamá creó dentro de la categoría de residente permanente por razones económicas, la subcategoría de Residente Permanente en calidad de Inversionista Calificado. Esta nueva subcategoría entró en vigor a