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Foreigners who require a work permit must personally assist to the Ministry of Labor for their affiliation
By means of the Executive Decree No. 76 of December 26th, 2017, foreigners who require a work permit must personally assist to the Ministry of Labor for their affiliation. Comments: This Executive Decree provides that, prior to filing the work permit petition, applicants must personally assist to the Ministry of Labor for their affiliation. A
- Published in 2017, Albalira Montúfar, Immigration Law, Ivette Gonzalez, Nicole Denis, Patricia Henderson
Morgan & Morgan advised Grupo Eleta in the sale of a minority stake in the Pear Island Project to the Grivalia Group
Morgan & Morgan acted as Panamanian counsel to Grupo Eleta in the sale of a minority stake in the Pear Island Project to the Grivalia Group, a global real estate investment company. Pedro Gonzalez Island (Pearl Island) is located at Archipelago Las Perlas, Pacific Ocean. The project consists of the integrated development of approximately 1,600
- Published in 2017, expertise, Mergers & Acquisitios, Roberto Vidal
Morgan & Morgan advised a manufacturer of insulated panels and insulation boards with respect to the acquisition of a Spanish conglomerate
Morgan & Morgan acted as local counsel to one of the most important manufacturers of insulated panels and insulation boards in the acquisition of a Spanish conglomerate involved in the polyurethanes business with presence in the Republic of Panama. This cross-border deal was closed in the last quarter of 2017 and was the biggest transaction
- Published in 2017, Adolfo Campos, expertise, Milagros Caballero, Pablo Epifanio
Morgan & Morgan makes contributions to compilation of articles on the Securities Market of Panama sponsored by the Superintendency of the Securities Market of Panama
Associates Ricardo Arias and Pablo Epifanio, lawyers of the Corporate Law Department of Morgan & Morgan authored articles “Real Estate Investment Trusts (REITs”) and “A glance to compliance measures applicable to the securities market”, both included in Volume IV of the Compilation of Articles on Regulation and Operation sponsored by the Superintendency of the Securities
- Published in News, Press Room
New challenges in tax matters
Article published in the Tax Column of the newspaper La Prensa (November 26, 2017) In Panama, of the 12 taxes of a national nature, only 2 of them expressly do not typify the figure of tax fraud, however, they have, like the other 10, pecuniary sanctions constituted by surcharges and interest for late payment of
- Published in 2017, Adolfo Campos, Press Room
Interview with Carlos Ernesto Gonzalez Ramirez by China Global Television Network
Carlos Ernesto González Ramírez, partner of Morgan & Morgan and expert Commercial and International Law, was interviewed by China Global Television (CGTN) as part of the report made by this news agency in the framework of the visit of public officials and Panamanian businessmen to the People´s Republic of China. “We foresee as lawyers an
Remuneration for holidays or national mourning
By Ricardo Alemán, Partner, Labor Law, Morgan & Morgan Most of holidays and national mourning that are covered by Article 46 of the Labor Code of the Republic of Panama are in November, December and January. In fact, they are considered as such, November 3, 5, 10 and 28; December 8 and 25; and on
- Published in Press Room, Ricardo Arias
Morgan & Morgan contributed in the Enforcement of Foreign Judgments Guide 2018
Partner Jose Carrizo, head of the Litigation and Arbitration practice of the firm, contributed with the Panama chapter of Enforcement of Foreign Judgments Guide 2018, a publication of Law Business Research Ltd. In this edition participated recognized trial lawyers from 23 countries of America, Europe, Asia and Africa. The complete guide is available here.
- Published in 2017, Jose Carrizo, Press Room
Happy birthday, Panama
Article published in the Tax Column of the newspaper La Prensa (November 5, 2017) Panama grows and evolves in the face of the challenges of the globalized world. However, we must not lose our essence as a country dedicated to world service and commerce. Accepting all the inexplicable international demands in the world of taxation,
- Published in 2017, Adolfo Campos, Press Room
Morgan & Morgan advised Grupo Codere with respect to the process of acquiring a casino license in Panama
Morgan & Morgan acted as Panamanian counsel to Grupo Codere, with respect to the process of acquiring a license for the administration and operation of a casino in the Aloft Hotel, located in Panama City. Grupo Codere is a Spanish multinational corporation in the private gambling sector with a presence in Panama. Inocencio Galindo, partner,
- Published in expertise, Inocencio Galindo, Mergers & Acquisitios, Roberto Vidal