Morgan & Morgan Legal advised Avianca Holdings, S.A. and its subsidiaries, in connection with its financial and corporate restructuring process, implemented to emerge from Chapter 11 proceedings in the United States of America.

Panama, December 1, 2021. Morgan & Morgan Legal acted as Panamanian counsel to Avianca Holdings, S.A. (“Avianca”) and its subsidiaries, in connection with its financial and corporate restructuring process, implemented to emerge from Chapter 11 proceedings in the United States of America, after having filed for bankruptcy protection in U.S. Courts back in May 2020.

Morgan & Morgan achieved the highest number of rankings for Panama in Chambers Latin America.

Panama, September 3, 2021. Morgan & Morgan has achieved the highest number of rankings for Panama in Chambers Latin America Guide 2022, the key reference point of Latin American top law firms. The directory has assigned the firm twenty rankings in seven practice areas, the highest number for a Panamanian law firm. This year, the

Morgan & Morgan advised Avianca Holdings, S.A. in connection to a over US$ 2 billion debtor-in-possession financing structure pursuant to its reorganization plan under Chapter 11 of the United States Bankruptcy Code.

Panama, October 26, 2020. Morgan & Morgan acted as Panamanian counsel to Avianca Holdings, S.A., as Debtor; and Latin Airways Corp., Taca, S.A., AV International Investments, S.A., AV International Holdings S.A.,  AV International Holdco S.A., AV International Ventures S.A., AV TACA International Holdco, S.A., International Trade Marks Agency Inc. and Aviacorp Enterprises, S.A., as Guarantors, in connection with the transactions contemplated by a debtor-in-possession

Morgan & Morgan advised Avianca Holdings, S.A. in Exchange Offer of Senior Notes for US$550,000,000

Panama, November 1, 2019. Morgan & Morgan advised Avianca Holdings, S.A., a company incorporated under the laws of the Republic of Panama (the “Company”), in launch and consummation of an exchange offer of the Company’s previously issued US$550,000,000 8.375% Senior Notes due 2020 for newly issued US$550,000,000 8.375% Senior Secured Notes Due 2020 (the “Exchange

Morgan & Morgan advised in the acquisition of Sociedad de Alimentos de Primera, S.A.

Morgan & Morgan acted as counsel to DMPTY, INC., a Castillo Hermanos company, with respect to an agreement for the acquisition, from Empresa Panameña de Alimentos, S.A., of 100% of the issued and outstanding shares of Sociedad de Alimentos de Primera, S.A. (SAPRISA); owner of the Bonlac brand and line of dairy products. With this

Morgan & Morgan advised Grupo Aval in its acquisition of BBVA in Panama for an amount of up to US$646 million

Morgan & Morgan represented Leasing Bogotá, S.A. Panamá, a company of the Colombian largest banking conglomerate “Grupo Aval”, with respect to the acquisition of 98.92% of all the outstanding and issued shares of Banco Bilbao Vizcaya Argentaria (Panama), S.A., owned by Banco Bilbao Vizcaya Argentaria, S.A., and BBVA LuxInvest, S.A.. The closing of the transaction