Morgan & Morgan Legal advised MMG Global Allocation Fund, Inc. in the conversion from a closed-end simple fund into a closed-end umbrella fund.
Panama, April 5, 2023. Morgan & Morgan Legal represented MMG Global Allocation Fund, Inc. (“MMGGFAF” or the “Fund”) before the Superintendence of Capital Markets (“SMC”) in the registration of the amendment of the terms and conditions of the public offering of its participating shares and the authorization for the conversion from a simple closed-end fund into
Morgan & Morgan Legal advised Green Tower Properties Inc. and its shareholders in the registration and conversion as a Real Estate Investment Trust and an initial public offering (IPO) of its shares through Latinex.
Panama, March 31, 2023. Morgan & Morgan Legal advised Green Tower Properties Inc. (“Green Tower”) and its shareholders, in the registration and conversion as a Sociedad de Inversión Inmobiliaria (the Panamanian equivalent of a Real Estate Investment Trust or “REIT”) before the Superintendence of the Securities Market of Panama (the Superintendencia del Mercado de Valores or
Morgan & Morgan Legal advised Minera Panama, S.A., in negotiating a Refreshed Concession Agreement with the Government of Panama for the Cobre Panama Project, the largest private investment in the history of Panama.
Panama, March 9, 2023. Morgan & Morgan Legal acted as lead Panamanian legal counsel to First Quantum Minerals Ltd. (“FQM”) and Minera Panama, S.A. (“MPSA”), a subsidiary of FQM, in all aspects related to the negotiations with the Government of Panama for a refreshed mining concession agreement for the Cobre Panama Project (the “Draft Refreshed Contract”).
Morgan & Morgan Legal advised DMB in the acquisition of the Anschütz Group Panama subsidiary.
Panama, March 1, 2023. Morgan & Morgan Legal advised DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH (“DMB”), with respect to the acquisition of 100% of RAYTHEON ANSCHUETZ PANAMA, S. DE R.L. (the “Panama Subsidiary”), as part of the acquisition of DMB of the entire Anschütz Group with its headquarters in Kiel (Germany) and international subsidiaries in Panama
- Published in expertise, Mergers & Acquisitios, Roberto Vidal
Morgan & Morgan Legal advised in a joint venture for the development, construction and operation of a hotel and resort in Costa Rica.
Panama, February 13, 2023. Morgan & Morgan Legal advised the majority shareholder group, in a joint venture for the development, construction and operation of a hotel and resort of the Waldorf Astoria chain in Punta Cacique, Guanacaste, Costa Rica. The project is a luxury beach resort with an estimated 40 residential units and 190 hotel
- Published in expertise, Mergers & Acquisitios, Projects
Morgan & Morgan Legal advised Dream Properties in the constitution and registration of NF Real Estate Fund Inc. as a Real Estate Investment Fund.
Panama, February 6, 2023. Morgan & Morgan Legal provided legal counsel to Inversiones Inmobiliarias Dream Properties (“Dream Properties”), as sponsor, in the constitution and registration before the the Superintendence of the Securities Market of Panama (the Superintendencia del Mercado de Valores or “SMV”), of NF Real Estate Fund Inc., as a Sociedad de Inversión Inmobiliaria
Morgan & Morgan Legal advised Banistmo, S.A. in the registration of revolving corporate bonds of Lion Hill Capital 2, S.A. for an amount of up to US$80 million.
Panama, December 27, 2022. Morgan & Morgan Legal represented Banistmo, S.A., as arranger and underwriter in connection with the registration of corporate bonds of Lion Hill Capital 2, S.A. (the “Issuer”), for an aggregate amount of US$80,000,000 with the Superintendency of Capital Markets of Panama, in order for the Issuer to publicly offer the bonds
Morgan & Morgan Legal advised in connection with the financing for the 50MW Ecosolares photovoltaic power park.
Panama, November 25, 2022. Morgan & Morgan Legal represented the borrowers in a project finance granted by BAC International Bank, as lender, for the refinancing of photovoltaic plants Ecosolar 1 and Ecosolar 2, and for the financing for the construction of the photovoltaic projects Ecosolar 3, Ecosolar 4, and Ecosolar 5. The projects together form
- Published in Ana Castillo, Arantxa Fernandez Chang, Banking Law, Energia, Energy, expertise
Morgan & Morgan Legal advised Mercantil Holding Financiero Internacional, S.A. and Mercantil Capital S.A., in the closing of the acquisition of Capital Bank, Inc.
Panama, December 12, 2022. Morgan & Morgan Legal advised Mercantil Holding Financiero Internacional, S.A. (“MHFI”), and Mercantil Capital, S.A. (“Mercantil Capital”), subsidiaries of Grupo Mercantil, in relation to the closing of the Promissory Share Purchase Agreement (the “SPA”) dated June 29, 2022, by and among the shareholders of Capital Bank, Inc. (“Capital Bank”) as sellers (the
Morgan & Morgan Legal advised Republic Bank Limited in connection with a loan facility for an amount of up to US$32 million.
Panama, November 30, 2022. Morgan & Morgan Legal acted as Panamanian counsel of Republic Bank Limited, in connection with the term loan facility agreement dated November 30, 2022, by and among, Inflite Holdings (Cayman) Ltd., as borrower, Republic Bank Limited, as arranger, agent, security agent and lender, and other guarantors listed therein, for the amount
- Published in Banking and Finance_news, Arantxa Fernandez Chang, expertise, Kharla Aizpurua, Roberto Vidal