Morgan & Morgan advices in acquisition of Cardoze & Lindo, S.A.

On Friday, September 16, 2011, after more than three months of negotiations, a group of Ecuadorian investors acquired a significant share of the assets of Cardoze & Lindo, S.A., as well as its liabilities. The operation led to a change in the Panamanian distributor of the Caterpillar brand. Morgan & Morgan provided legal counsel in

Morgan & Morgan advises HSBC Bank (Panama) S.A. in a term loan facility in a aggregate amount equal to US$14,708,782.55 for the METROBUS project

Morgan & Morgan advised HSBC Bank (Panamá), S.A., with respect to the secured financing for the acquisition of real estate required for the construction of bus depots for the bus rapid transport system for Panama City called “Metrobus”. This financing was structured under a term loan facility in an aggregate amount equal to US$14,708,782.55, evidenced

Morgan & Morgan advises HSBC Bank (Panama) S.A. in a term loan facility in a aggregate amount equal to US$14,708,782.55 for the METROBUS project

Morgan & Morgan advised HSBC Bank (Panamá), S.A., with respect to the secured financing for the acquisition of real estate required for the construction of bus depots for the bus rapid transport system for Panama City called “Metrobus”. This financing was structured under a term loan facility in an aggregate amount equal to US$14,708,782.55, evidenced

Morgan & Morgan advises HSBC Bank plc, HSBC Bank (Panama) S.A., Caja de Ahorros and Banco Nacional respect a syndicated secured financing of US$259,836,370 for METROBUS project

Morgan & Morgan acted as a counsel for HSBC Bank plc, HSBC Bank (Panamá), S.A., Caja de Ahorros and Banco Nacional de Panamá, with respect to the syndicated secured financing for a bus rapid transport system for Panama City called “Metrobus”. This financing was structured under two credit facilities: (i) a term loan facility in

Morgan & Morgan advises HSBC Bank plc, HSBC Bank (Panama) S.A., Caja de Ahorros and Banco Nacional respect a syndicated secured financing of US$259,836,370 for METROBUS project

Morgan & Morgan acted as a counsel for HSBC Bank plc, HSBC Bank (Panamá), S.A., Caja de Ahorros and Banco Nacional de Panamá, with respect to the syndicated secured financing for a bus rapid transport system for Panama City called “Metrobus”. This financing was structured under two credit facilities: (i) a term loan facility in

Morgan & Morgan advised Inmet in a financing operation with Asian investor Temasek

Morgan & Morgan advised Inmet Mining Corporation (Inmet) in connection with Panamanian legal aspects related with the Temasek´s US$1 Billion investment in the project Cobre Panama, a US$6.18 Billion copper mining project. Temasek Holdings is an investment company owned by the government of Singapore and it is an active shareholder and investor in financial services,

Morgan & Morgan wins another Trademark Opposition in Belize

Intellectual Property law continues to develop progressively as the Belize Intellectual Property Office has issued its latest opposition ruling in the matter of British American Tobacco (Brands) Limited v. Philip Morris Products S.A.(Application No. 5754.08). This matter dealt with an opposition lodged by British American Tobacco against a trademark application filed by Philip Morris on

Morgan & Morgan advises Cirsa and Deutsche Bank in senior notes issue for €280,000,000

Morgan & Morgan represented Cirsa Gaming Corporation S.A. and Deutsche Bank AG, London Branch in the offering of €280,000,000 aggregate principal amount of 8.750% senior notes due 2018 through the direct wholly-owned finance subsidiary, Cirsa Funding Luxembourg S,A. The notes are listed in the Luxembourg Stock Exchange for trading on the Euro MTF Market. The

Morgan & Morgan provided legal advise to Panama Ports Company, S.A (a subsidiary of Hutchison Port Holdings) and HSBC to implement a Sale and Lease Back for an amount up to US$260,000,000.00

With legal basis in local Panama laws, Panama Ports Company, S.A, as Seller and Lessee and Far East Leasing, as trustee of the FEPC Leasing Trust, as Buyer and Lessor, for the benefit of an indirect lessor affiliated with the Hong Kong and Shanghai Banking Corporation Limited, entered into an Agreement for the Purchase and

Morgan & Morgan represented Electron Investment, S.A., in the US$180 million syndicated secured financing for Pando and Monte Lirio

Two new hydroelectric power plants being developed in the Province of Chiriquí, Panama, with an aggregate capacity of 85 MW.