Notice regarding World Youth Day in Panama City (January 23 to 27th, 2019)

Please be advised that starting January 23rd until January 27th, 2019, our country will be the proud host of the World Youth Day (“WYD”). As you may know, WYD includes several religious events for young followers of the Catholic church and will feature the arrival of Pope Francis to Panama where he will lead mass

Morgan & Morgan promotes new partners

Panama, January 5, 2019. Morgan & Morgan is pleased to announce the promotion of attorneys Roberto Vidal, Kharla Aizpurua Olmos and Luis Raven to the partnership of the firm. Mr. Vidal has over 10 years of experience advising domestic and foreign clients in complex transactions related to mergers and acquisitions, project finance, finance, securities regulation,

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

Panama, January 2, 2019. Partners Inocencio Galindo (Banking and Finance), Francisco Arias (Corporate / M&A), Carlos Ernesto Gonzalez Ramirez (Antitrust) and Mercedes Arauz de Grimaldo (Labor) have been recognized at LACCA Approved 2019, a selection of Latin American leading lawyers in specific areas of law.  Approved lawyers have been personally recommended by members of the

Morgan & Morgan and five attorneys of the firm recognized by the IFLR1000 Financial and Corporate guide 2019

Panama, January 4, 2019. Morgan & Morgan received top-tier rankings in the IFLR1000´s 2019 Financial and Corporate guide in the categories Financial and Corporate and Project Development. In addition, five (5) lawyers of the firm are listed as leading professionals in their areas of practice: • Francisco Arias • Carlos Ernesto Gonzalez Ramirez • Inocencio

Morgan & Morgan partners participated as speakers in seminar on maritime arbitration

In recent days, was held the seminar “The Maritime Arbitration in Panama CECOMAP, The New Alternative”, an event organized by the Center for Conciliation, Mediation and Maritime Arbitration of Panama (“Cecomap”) and the China Maritime Arbitration Commission (“CMAC”), with the collaboration of the Chamber of Commerce, Industries and Agriculture of Panama.  The activity covered important

Morgan & Morgan contributed in The World Justice Project-Rule of Law Index

Mayte Sanchez Gonzalez, associate of the Litigation and Dispute Resolution practice group of the firm, contributed with the Panama chapter of The World Justice Project (WJP) Rule of Law Index 2017-2018 Report. The publication, which was supported by experts from different countries, presents a portrait of the rule of law in 113 countries by providing

Morgan & Morgan contributed in the Enforcement of Foreign Judgments Guide 2019

Partner Jose Carrizo, head of the Litigation and Dispute Resolution practice group of the firm, contributed with the Panama chapter of Enforcement of Foreign Judgments Guide 2019, a publication of Law Business Research Ltd. Topics covered include: treaties, regulations and conventions, limitation periods, types of enforceable order, competent courts, defenses, judicial requirements and procedures, significance

Transfer Pricing Update in Panama

The regulation of Transfer Pricing is one of the mechanisms through which the Directorate General of Revenue (DGI) seeks to avoid the erosion of the tax base. In Panama, it is regulated in the Fiscal Code in its Chapter IX from Article 762-A to 762-Ñ. The obligation on the issue of Transfer Pricing and specifically

Morgan & Morgan advised Banco La Hipotecaria, S.A. in the structuring of its first covered bond program

Morgan & Morgan advised Banco La Hipotecaria, S.A. (BLH) in the structuring of its first covered bond program from which BLH may issue covered bonds pursuant to Rule 144A and Regulation S of the Securities Act of 1933 in series, from time to time, up to a maximum aggregate nominal amount of US$200,000,000. The issuer

Morgan & Morgan advised The Goldman Sachs Group Inc. in the negotiation of a Security Purchase Agreement with McDermott International, Inc.

Panama, December 7, 2018. Morgan & Morgan represented certain investment funds managed by the Merchant Banking Division of The Goldman Sachs Group Inc. (“Goldman Sachs”) in the negotiation of a Security Purchase Agreement pursuant to which Goldman Sachs acquired for US$300 Million, 12% Redeemable Preferred Stock of McDermott International, Inc., a Panamanian corporation (the “Company”),