Morgan & Morgan advised Sojitz Corporation in the acquisition of Grupo Sílaba.
Panama, February 20, 2024. Morgan & Morgan advised Sojitz Corporation in the acquisition of the shares of Silaba Motors (also known as “Grupo Sílaba”), a major automobile distributor operating in the Republic of Panama representing brands such as KIA, MAZDA, OMODA, JAECOO, KARRY, and NIU. As part of the transaction, Sojitz also acquired Grupo Sílaba’s
Morgan & Morgan advised Desarrollo Inmobiliario del Este in corporate matters related to its Real Estate Investment Trust.
Panama, February 18, 2024. Morgan & Morgan advised Desarrollo Inmobiliario del Este, S.A. (“DIESA”) in the process of a changing their corporate structure to that of a Sociedad de Inversión Inmobiliaria (the Panamanian equivalent of a Real Estate Investment Trust or “REIT”), in order for DIESA to carry out an initial public offering of its
- Published in expertise, Miguel Arias_exp, Ricardo Arias, Securities and Capital Markets_news
Morgan & Morgan advised Mercandú in a capital raising round to expand its e-commerce platform in the region.
Panama, January 8, 2024. Morgan & Morgan acted as the Panamanian legal advisor for Mercandú, a startup based in El Salvador that operates the largest marketplace in the Central American region, offering over 500,000 products, in a capital raising round. The capital raising round took the form of issuing shares (equity-raising) in favor of two
- Published in Kharla Aizpurua, Banking Law, expertise, Mergers & Acquisitios, Miguel Arias_exp
Morgan & Morgan advised Grupo OTI in the constitution and registration of “Fondo de Inversión Inmobiliario Valle Lindo”.
Panama, August 5, 2023. We advised Grupo OTI, as sponsor, in the constitution and registration before the Superintendence of Capital Markets of Panama (the “SCM”), of a Panamanian investment fund named “Fondo de Inversión Inmobiliario Valle Lindo”. The investment fund was registered with the SCM as a Sociedad de Inversión Inmobiliaria (the Panamanian equivalent of
- Published in expertise, Miguel Arias_exp, Ricardo Arias, Securities and Capital Markets_news
Morgan & Morgan advised ARTCAP LAC PRIVATE CREDIT SERVICES S.A. and Banistmo Investment Corporation S.A., in relation to a 10-year US$90 million senior secured loan granted to Banesco (Panamá), S.A.
Panama, July 17, 2023. Morgan & Morgan represented (i) ARTCAP LAC PRIVATE CREDIT SERVICES S.A., an affiliate of ArtCap Strategies, a Cayman-based investment group specializing in structuring custom solutions for clients in Latin America and the Caribbean (“ArtCap”), as administrative agent and co-arranger (together with Apollo Global Funding LLC); and (ii) Banistmo Investment Corporation S.A.,
Morgan & Morgan advised Inmobiliaria Casas Grandes, S.A. in the constitution and registration of FIDEICOMISO INMOBILIARIO CASAS GRANDES as a Real Estate Investment Fund.
Panama, June 2, 2023. Morgan & Morgan provided legal counsel to Inversiones Inmobiliarias Casas Grandes, S.A. (“Casas Grandes”), 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 FIDEICOMISO INMOBILIARIO CASAS GRANDES, as a Sociedad de Inversión Inmobiliaria (the
Morgan & Morgan advised Greenwood Energy Central America Corp. in connection with the financing for the development, construction, commissioning, and operation of a 40MW photovoltaic power park.
Panama, June 1, 2023. Morgan & Morgan represented Greenwood Energy Central America Corp. (“Greenwood”), in the financing for the development, construction and commissioning of a power generation plant of up to 40 MWp, made up of four (4) photovoltaic solar plants, located in David, Chiriquí, for the sale of renewable energy to the University of
Morgan & Morgan 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 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 “SMV”),
Morgan & Morgan 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 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 (the
Morgan & Morgan 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 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 “Sellers”),