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The Role of the Reserve Director

July 22, 2024. This article is intended to inform our clients about the advantage of using a “Reserve Director” in the jurisdictions of the British Virgin Islands (BVI) and Belize. As is known, these jurisdictions allow a single director and shareholder to be maintained and both roles can be executed by the same natural person.

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Morgan & Morgan Private Wealth Law team top-ranked in Chambers High Net Worth Guide 2024.

Panama, July 18, 2024. For the ninth consecutive year Morgan & Morgan has been designated a “Band 1” Law Firm in Panama in the Private Wealth Law section of Chambers High Net Worth Guide 2024, a publication aimed at the international private wealth market and estate planning and a key reference point of the world´s

New Jurisdiction: MMG Trust (Nevis) Corp.

Morgan & Morgan is pleased to inform its distinguished clients that we have received authorization from the Nevis Ministry of Finance to offer the service of incorporation of legal entities and to structure trusts under our subsidiary MMG Trust (Nevis) Corp. Internationally acclaimed, the Nevis jurisdiction is revered for its strong legal system and business-friendly

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Morgan & Morgan submitted its Annual Sustainability Report 2023.

Panamá, July 3, 2024. Morgan & Morgan submitted before the United Nations Organization (UN) Forum its Sustainability Report 2023, a document that provides relevant information on its processes, sustainability strategy, and achievements for the 2021 year and its significant economic, environmental, and social impacts. As a company adhering to the United Nations Global Compact, this report constitutes

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In-Depth: Shipping Law, Panama.

Panama, July 2, 2024. Morgan & Morgan contributed to In-Depth: Shipping Law (formerly The Shipping Law Review). Partner Juan David Morgan Jr., head of the Shipping and Admiralty Litigation practice group, authored the Panama Chapter of this guide. The publication aims to provide those involved in handling cross-border shipping disputes with an overview of the

Chambers Corporate Immigration Global Practice Guide 2024: Panama.

Panama, June 28, 2024. Morgan & Morgan’s Immigration Law team, comprised of partner Albalira Montufar and associates Patricia Henderson, Carolina Tejada, and Ivette González, contributed to the Panama chapter of Chambers Corporate Immigration Practice Guide 2024, the second edition of this guide globally. Our analysis offers an expert opinion on corporate immigration policies in Panama, including main labor and investment residence categories and

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Morgan & Morgan advised Biocorp Holding, S.A. in the sale of Pharma Consulting Group, S.A. to Swixx BioPharma AG.

Panama, June 25, 2024. Morgan & Morgan served as legal advisors of Biocorp Holding, S.A. in a sequence of transactions culminating in the complete sale of Pharma Consulting Group, S.A. (“PCG”) to Swixx BioPharma AG. PCG is the parent company of Laboratorios Biopas, a prominent pharmaceutical company in Latin America, dedicated to the licensing, promotion,

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Inauguration of the President-Elect on July 1: Important matters employers should know.

The Political Constitution of the Republic of Panama, in its article 181, establishes that the President and Vice President of the Republic of Panama shall take office before the National Assembly on the first day of July following their election. This year, July 1, 2024, is a Monday. The Labor Code, in its article 46,

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Morgan & Morgan advised CIFI on the first corporate securities issuance through iLink platform of Latinclear with Euroclear.

Panama, June 19, 2024. Morgan & Morgan advised Corporación Interamericana Para El Financiamiento de Infraestructura, S.A. (“CIFI”), as issuer, in the issuance and sale of green bonds through the Latin American Stock Exchange (“Latinex”) for an amount of US$10,000,000, which is the first issuance ever of a security of a private company carried out through

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The Role of Foreign Attorneys in Arbitration Proceedings Seated in Panama, as Recognized by the Panamanian Supreme Court

This article was originally published on Global Arbitration Review, June 17th, 2024. During the past few years, the Panamanian Supreme Court has issued interesting rulings defining controversial issues ultimately in favor of Panama as a pro-arbitration jurisdiction. Recently, Panama’s highest court faced the challenge of defining whether foreign licensed attorneys are able to represent parties