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Morgan & Morgan advised Supermercados Xtra, SA on $300 Million Bond Program.
Panama, October 24, 2024. Morgan & Morgan is proud to announce its role in advising Supermercados Xtra, S.A., one of Panama’s leading supermarket chains, in the registration of a $300 million Revolving Corporate Bond Program with the Superintendence of the Securities Market (SMV) under the SMV’s Abbreviated Registration process. This significant transaction also included the
Morgan & Morgan advised the shareholders of Clínica Hospital de David, S.A. in the sale of a major participation in the company to Grupesal Panama, Inc.
Panama, October 15, 2024. Morgan & Morgan served as legal advisors of the shareholders of Clínica Hospital de David, S.A. (“CHDD”) in the sale of a 55% stake in CHDD to Grupesal Panama, Inc. CHDD is the parent company Centro Médico Mae Lewis, a hospital in Chiriqui, Panama. Morgan & Morgan also advised CHDD in
The Electoral Tribunal establishes the creation and regulation of the digital ID and the digital wallet service.
Decree 43 of October 8th, 2024, published in the Electoral Tribunal Bulletin on Wednesday, October 9th, 2024, establishes the creation and regulation of the digital ID, as well as the digital wallet service, and provides the following: The introduction of a digital ID for Panamanians and permanent residents, which will serve as a secure means
- Published in Immigration Law_news, News
Validity of Expired Venezuelan Passports
The Executive Decree No. 188 of October 3rd, 2024 (hereinafter referred to as the “Decree”), published in the Official Gazette on October 3rd, 2024, establishes temporary measures to recognize the validity of passports of Venezuelan citizens residing in the territory of Panama and provides the following: The use of expired passports of Venezuelan citizens in
- Published in Immigration Law_news, News
Morgan & Morgan recognized in the ITR World Tax Ranking 2025.
Panama, September 9, 2025. Morgan & Morgan have been ranked amongst the top performing tax firms in the world in the ITR World Tax Ranking 2025. The firm has been recommended in the categories General Corporate Tax and Transfer Pricing. ITR World Tax stands as the most comprehensive guide to the world´s leading tax firms
Morgan & Morgan advised MMG Trust, S.A. in the acquisition of Mercantil Trust & Finance, Inc.
Panama, August 28, 2024. Morgan & Morgan served as legal advisors of MMG Trust, S.A., in the acquisition of Mercantil Trust & Finance, Inc., a trust company and subsidiary of Mercantil Banco, S.A. Morgan & Morgan conducted a due diligence of the target entity, negotiated, signed, and closed the share purchase agreement and procured the
What is a carbon credit and how is it traded in Panama?
The need to find mitigation mechanisms against climate change increases as time passes. In this context, Panamanian legislation is directly influenced by international instruments whose main objective is to combat the effects of climate change and assume commitments to reduce greenhouse gases (“GHGs”) emissions; within which is the Kyoto Protocol to the United Nations Framework
Morgan & Morgan outstands in Chambers Latin America 2025.
Panama, August 23, 2024. Once again, Morgan & Morgan consolidates its position as the leading law firm in Panama in Chambers Latin America Guide 2025, the key reference point of Latin American top law firms. The firm achieved 22 top individual rankings in 7 practice areas, the highest number for a Panamanian law firm. The
- Published in News
Law 238, which extends maternity leave protection to fathers, comes into effect.
Through Cabinet Resolution No. 66-24 of July 23, 2024, the Cabinet Council decided to lift the National State of Emergency declared through Cabinet Resolution No. 11 of March 13, 2020. As soon as Cabinet Resolution 66-24 is published in the Official Gazette, Law 238 of September 15, 2021, which extends the scope of maternity leave
- Published in Immigration Law_news, News
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.
- Published in News