Morgan & Morgan advised Construcciones Hospitalarias, S.A., an affiliate of FCC, in the financing for the construction of the Ciudad Hospitalaria project

Morgan & Morgan acted as counsel to Construcciones Hospitalarias, S.A., an affiliate of de Construcciones y Contratas, S.A. (FCC), as assignor, in a US$250 million Master Framework Assignment and Revolving Limited Recourse Receivables Agreement (the “Master Framework Agreement”) for HSBC Bank (Panama), S.A. (“HSBC”), which acted as assignee and administrative agent.  Other assignees besides HSBC

Morgan & Morgan advises Inmet Mining Corporation in the sale of a 20% stake in its subsidiary Minera Panama, S.A. to Korea Panama Mining Company

Morgan & Morgan acted as legal advisor to Inmet Mining Corporation (Inmet) and Minera Panama, S.A., in connection with Panamanian legal aspects related to the sale of a 20% participation in the company to Korea Panama Mining Corporation (KPMC).  Minera Panama, S.A. is the owner and developer of the Cobre Panama project, a US$6.18 Billion

Morgan & Morgan advised HSBC in the sale of its operation in Colombia

Morgan & Morgan advised HSBC Group with respect to Panamanian legal aspects related to the sale of its operation in Colombia to Banco GNB Sudameris, S.A., for US$400 million. This transaction is part of a border operation involving other South American countries (Peru, Uruguay and Paraguay). From Morgan & Morgan, partner Inocencio Galindo and associate

Morgan & Morgan advises Hidrotenencias, S.A. in the sale of its majority shareholding

Morgan & Morgan acted as counsel to Hidrotenencias, S.A., in connection with the sale of 51.6% of all the issued and outstanding shares of the company. Hidrotenencias, S.A. is a holding company indirect sole owner of three hydroelectric projects with a total capacity of 30MW, located in the province of Chiriqui, Republic of Panama. From

HSBC Sells Latin American Assets to Colombian bank Banco Davivienda

Morgan & Morgan advised HSBC Group, regarding Panamanian laws, in the sale of its local operation to Colombian financial institution Banco Davivienda, in three Central American countries: El Salvador, Honduras and Costa Rica. The banking group has agreed to an $801million (£513million) deal with Colombia’s Banco Davivienda. The sale includes 29 branches in Costa Rica,

Morgan & Morgan assisted Uni Bank & Trust, Inc. in obtaining its banking and trust licenses in Panama

The Superintendency of Banks (SBP) of the Republic of Panama issued a resolution granting Uni Bank & Trust, Inc. a General Banking and Trust License to formally operate in the Republic of Panama. Since February 22, 2010, the team of Morgan & Morgan, represented by its partner Eduardo Ferrer, and by request of the Bank’s

Morgan & Morgan advised HBSC in a US$60 million loan to the development of hydroelectric project

Morgan & Morgan represented HSBC Bank (Panama), S.A., as Administrative Agent and Lender in a US$60 million bridge loan facility granted to Ideal Panama, S.A., a subsidiary of Impulsadora del Desarrollo y el Empleo en America Latina, S.A. de C.V. (IDEAL), for the construction of a 87 MW hydroelectric power generation facility (Baitún Project) and

Morgan & Morgan advise HSBC in the negotiation with the US$1.8 billion acquisition of Grupo Banistmo, S.A.

Morgan & Morgan have acted as Panamanian counsel for HSBC in its completed acquisition of up to 100% of the issued and outstanding common shares of Grupo Banistmo, S.A., a Panamanian bank holding company which owns investment banking, brokerage, insurance and other operations in Panama, Costa Rica, Colombia, El Salvador, Honduras, Nicaragua, Cayman Islands, Bahamas, Montserrat