legal

Morgan & Morgan outstands in The Legal 500 Latin America 2023.

Panama, October 20, 2022. With 27 attorneys and seven ranked practices, Morgan & Morgan heads the Panama chapter of The Legal 500 Latin America 2023 edition. In addition, eight practice areas receive the top Tier 1 ranking in the publication. The 27 attorneys of the firm recommended by this reference publication are: Allen Candanedo: Intellectual Property. Amanda Barraza:

Latin Lawyer Awards 2022

Panama, March 10, 2022. We are thrilled to announce that our law firm advised on two of the shortlisted transactions for the Latin Lawyer 16th Deal of the Year Awards, to take place in São Paulo on 5 May 2022. Restructuring Deal: Avianca emerges from the Chapter 11 process. Our law firm acted as Panamanian counsel

Morgan & Morgan 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 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. Avianca’s

Morgan & Morgan advised Avianca Holdings, S.A. and its subsidiaries, in connection with a US$ 1.5 billion DIP-to-exit facility which would secure the company’s exit financing from its Chapter 11 reorganization proceeding under the U.S. Bankruptcy Code.

Panama, August 27, 2021. Morgan & Morgan acted as Panamanian counsel to Avianca Holdings, S.A., as Debtor; and certain of its subsidiaries, as Guarantors, in connection with a DIP-to-exit facility used to repay Tranche A of US$ approximately 1,430,000,000.00, under a certain debtor-in-possession agreement executed on October, 2020, and its replacement with a new Tranche

Morgan & Morgan advised Global Bank Corporation in the registration of a revolving program of secured corporate bonds for an amount of up to US$20 million.

Panama, April 9, 2021. Morgan & Morgan advised  Global Bank Corporation, a general license bank engaged in the banking business in Panama, in the registration of a revolving program of secured corporate bonds to be issued by  Ritol Investments, Inc., a company engaged in the real estate business in Panama (the “Issuer”), in series for

Morgan & Morgan´s Corporate Law team recognized in IFLR1000 2021

Panama, January 4, 2021. Morgan & Morgan has been recognized as a leading law firm in the 2021 edition of the International Financial Law Review (IFLR) 1000, a reference guide to the world´s leading financial and corporate law firms and lawyers.   The firm´s Corporate Law team earned top rankings in Banking and Finance, Capital

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 First Quantum Minerals Ltd. in connection with a Senior Notes Offering for an amount of up to US$1.5 Billion

Panama, October 26, 2020. Morgan & Morgan acted as Panamanian counsel to First Quantum Minerals, Ltd. in its offering (under Rule 144A of the U.S. Securities Regulation) of US$1,500,000,000 in aggregate principal amount of 6.875% senior notes due 2027. Partners Inocencio Galindo and Aristides Anguizola participated in this transaction.

COVID-19 and Panama´s Insolvency Law

7 April 2020. The health crisis caused by COVID-19 (better known as “Coronavirus”) has had a significant impact on both global and local trade. In our country, the first case, which was confirmed on March 9, triggered the implementation of significant sanitary measures that led to the necessary temporary closure of multiple enterprises, as well

Morgan & Morgan advised First Quantum Minerals Ltd. in connection with a Senior Notes Offering for an amount of up to US$750 million

Panama, January 13, 2020. Morgan & Morgan acted as Panamanian counsel to First Quantum Minerals, Ltd. in its offering (under Rule 144A of the U.S. Securities Regulation) of US$500,000,000 in aggregate principal amount of 7.250% senior notes due 2023, and US$250,000,000 in aggregate principal amount of 7.500% senior notes due 2025. Partners Inocencio Galindo and