Economic opportunities in Central America and the Caribbean post COVID-19 (Article)

Updated on Panama, April 27, 2020. Lex Latin published an article on the economic and transactional expectations facing the Central American and Caribbean region in the COVID-19 scenario. Partners from important law firms in the region contributed through interviews, including Francisco Arias G., partner at Morgan & Morgan. Click here to read: Economic opportunities in

COVID-19: Guide for Employers on Tax Relief measures

Panama, April 27, 2020. In this guide, produced by the Employment Law Alliance (ELA), tax attorneys from Latin America focus on Tax Relief measures during the COVID-19 pandemic. Amanda Barraza, senior associate at Morgan & Morgan, contributed with the Panama section.Click here to read: COVID-19: Latin America Guide for Employers on Tax Relief

The Central America – COVID-19 Guide for Employers (Podcast)

Panama, April 27, 2020. In this podcast, produced by the Employment Law Alliance (ELA), labor and employment law practitioners from Central America, focus on how the COVID-19 pandemic has impacted workplaces throughout the region. Speakers: Fernando Farrar (BLP / El Salvador), Alexandra Aguilar (BLP / Costa Rica), Cynthia Chavarría (BLP / Honduras), Favio Batres (BLP

Morgan & Morgan advised Parque Industrial y Corporativo Sur, S.A. in connection with the public offering of revolving corporate bonds for an amount of up to US$100 million

Panama, April 24, 2020.  Morgan & Morgan advised Parque Industrial y Corporativo Sur, SA, in relation to the public offering of revolving corporate bonds (hereinafter the “Bonds”), which will be issued in multiple series, which may be senior series or subordinated series under a revolving program in which the outstanding principal balance of the Bonds

COVID-19: Suspension of employment contracts (Webinar)

Panama, April 23, 2020. In this Webinar, María Teresa Mendoza, partner at Morgan & Morgan, covered the topic “Suspension of employment contracts in times of COVID-19”. The discussion was held in alliance with the Chamber of Commerce, Industries and Agriculture of Panama. Click here to view: COVID-19: Suspension of employment contracts (in Spanish)

COVID-19: Temporary importation measures on medicines and other human health products

April 23, 2020 In order to allow the importation of medicines and other products for human health, during the State of Emergency, the National Directorate of Pharmacy and Drugs (DNFYD) of the Ministry of Health, has issued Resolution 280 of April 6, 2020 published in Official Gazette No. 29008 of April 22, 2020, which establishes the

Panamá sanciona ley que concede Licencias Remuneradas Especiales

Ricardo Alemán, Derecho Laboral, Socio de Morgan & Morgan 21 de abril de 2020 Mediante Gaceta Oficial No. 29003-A, fue promulgada la Ley 147 de 15 de abril de 2020 que concede el derecho de una licencia especial remunerada de hasta por 3 meses improrrogables a todo padre o madre que labore en el sector

Payment of thirteenth month bonus in suspended employment contracts

Panama, April 15, 2020. The Thirteenth Month is a special mandatory bonus that was established since 1971, to compensate the employees for their contribution to the benefits obtained by the company. It was established by two special regulations, Cabinet Decree No. 221 of November 18, 1971, which established it, and Decree No. 19 of September

Alpha Credit © closes equity financing round led by SoftBank Latin America Fund

Panama, April 13, 2020. Morgan & Morgan advised Alpha Credit ©, a leading technology firm that provides financial services to segments underserved by traditional banking institutions, specialized in consumer lending and financing for small and medium enterprises (SMEs), in the process to complete an equity financing round for more than MXN$2.4 billion (approximately US$100 million),

Measures applicable to foreigners (Video)

Panama, April 11, 2020. For your convenience, Morgan & Morgan have developed the following infographic video with the measures adopted by the Panamanian Authorities, applicable to foreigners. Click here to view: COVID-19: Measures applicable to foreigners. If you have any questions or concerns, please connect with our legal team at [email protected]