Panama, June 19, 2020. Maria Eugenia Brenes, Mayte Sanchez Gonzalez, Milagros Caballero and Carlos Ernesto Gonzalez Ramirez, attorneys at Morgan & Morgan, contributed with the Panama chapter of The World Justice Project (WJP) Rule of Law Index.
The publication, which was supported by experts from different countries, presents a portrait of the rule of law in 126 countries by providing scores and rankings bases on eight factors: constraints on government powers, absence of corruption, open government, fundamental rights, order and security, regulatory enforcement, civil justice, and criminal justice.
The PDF version is available online here.
Morgan & Morgan, in partnership with the Chamber of Commerce, Industries and Agriculture of Chiriquí (CAMCHI), presented the forum: Trends in Labor Law 2019; a seminar organized for the business sector of the province of Chiriqui in the Republic of Panama. The topics were presented by lawyers Ricardo Aleman, Maria Teresa Mendoza and Milagros Caballero, labor law specialists.
The objective of the seminar was to reinforce the companies on issues about:
- Sexual harassment and discrimination within the company and at an education level.
- Main issues regarding employee’s paternity: leave and child support.
- Features of special privileges: disability and chronic disease.
Felipe Venicio Rodríguez, president of CAMCHI, said he was pleased by the opportunity, through the alliance with Morgan & Morgan, so that employers and employees can keep up with these issues of social interest and their respective regulations, which in many cases tend to fail in some sectors, for lack of knowledge: “The most important thing is that we cover this part of Corporate Social Responsibility, with these activities, which are considered priority and key to contribute to the strengthening and development of the companies and our society in general; we hope it can be exploited to the maximum by each one of the participants”, added Rodriguez.
Panama, April 25, 2018. Morgan & Morgan announces forum on “Trends in Labor Matters 2018: What are the new regulations?” to be held on Tuesday, May 29, from 8:00 a.m. to noon at the Titanio conference room of The Americas Golden Towers in Panama City.
The event is addressed mainly to businesspeople, managers, human resources and administration professionals, and general staff of domestic and multinational companies established in the country. The agenda includes new regulations and norms on labor issues that every professional managing human resources should know to comply with the law and avoid risks to their companies.
Lawyers with extensive experience in labor issues will discuss the following:
- Sexual harassment and discrimination within the company and at an education level
Ricardo Aleman, partner at Morgan & Morgan.
- Main issues regarding employee’s paternity: leave and child support
Maria Teresa Mendoza, partner at Morgan & Morgan.
- Features of special privileges: disability and chronic disease
Milagros Caballero, associate at Morgan & Morgan
For information on entries to this forum please contact us at 265-7777 (extension 7746) or [email protected].
About Morgan & Morgan
With over 80 lawyers and 20 practice areas, Morgan & Morgan is a full service Panamanian law firm, regularly assisting local and foreign corporations from different industries, as well as recognized financial institutions and government institutions. In the labor field, the firm is very active assisting local and international clients in all aspects of labor law, including, drafting employment contracts, collective bargaining negotiations, work permit applications, administrative proceedings, labor litigation and disputes processes, negotiations with employees, restructuring processes, among others.
The Government of the Republic of Panama, through Executive Decree No. 40 of Tuesday, March 20, 2018, orders the closure of public and municipal offices, nationwide, on Thursday, March 29, 2018 (Holy Thursday) at twelve (12) noon on the occasion of Holy Week.
- Terms on administrative procedures are suspended on March 29.
- Banking institutions will be governed by their own parameters.
To whom does this not apply?
It does not apply to the following public offices: Institute of Aqueducts and Sewage Systems (IDAAN), health institutions (both Social Security Offices and the Ministry of Health), postal services, the Fire Department, National Civil Protection System, Transit and Land Transport Authority, Panama Metro, National Service of Migration and the Security Forces. The Panama Canal Authority is also excepted.
Offices of the Judicial Branch
By means of Agreement No. 166 of March 20, 2018, the Court of Justice has decreed the closing of Courts and other Offices of the Judicial Branch throughout the Republic of Panama on Thursday, March 29, 2018, with the consequent suspension of judicial terms during the aforementioned day. Courts will resume activities on Monday, April 2, 2018.
Morgan & Morgan advised a manufacturer of insulated panels and insulation boards with respect to the acquisition of a Spanish conglomerate
Morgan & Morgan acted as local counsel to one of the most important manufacturers of insulated panels and insulation boards in the acquisition of a Spanish conglomerate involved in the polyurethanes business with presence in the Republic of Panama.
This cross-border deal was closed in the last quarter of 2017 and was the biggest transaction realized by the acquirer to date.
Partner Francisco Arias and associates Pablo Epifanio, Adolfo Campos and Milagros Caballero, participated in this transaction.
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 acquisition, the Castillo Hermanos group, based in Guatemala, would add a new line of business, and an important brand, to their various investments throughout Central America, including those in the beer industry, refreshments, carbonated and non-carbonated drinks, juices, among others.
Partner Francisco Arias and associates Aristides Anguizola, Pablo Epifanio, Milagros Caballero and Allen Candanedo, participated in this transaction.
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 is subject to certain regulatory approvals and authorization, including but not limited to, the authorization of the Superintendencia de Bancos de Panamá.
This M&A operation, for an amount up to US$646 million, involved attorneys from multiple jurisdictions such as Colombia, Spain, Luxemburg, New York and Panama.
Morgan & Morgan partners Francisco Arias and Ramon Varela, and associates Roberto Vidal, Carlos Hoyos, Ana Carolina Castillo, Allen Candanedo, Amanda Barraza, Emma Cornejo and Milagros Caballero, participated in this transaction.
Morgan & Morgan representó a Leasing Bogotá SA Panamá, una empresa del más grande conglomerado colombiano bancario “Grupo Aval”, con respecto a la adquisición del 98,92% del total de las acciones en circulación y emisión de Banco Bilbao Vizcaya Argentaria (Panamá), SA, propiedad de Banco Bilbao Vizcaya Argentaria, SA y BBVA LuxInvest, SA. El cierre de la transacción está sujeto a ciertas aprobaciones y autorizaciones regulatorias, incluyendo pero no limitado a, la autorización de la Superintendencia de Bancos de Panamá.
Esta operación de adquisición, por un importe de hasta US$ 646 millones, involucró a abogados de varias jurisdicciones, incluyendo Colombia, España, Luxemburgo, Nueva York y Panamá.
Los socios de Morgan & Morgan Francisco Arias y Ramón Varela, y los asociados Roberto Vidal, Carlos Hoyos, Ana Carolina Castillo, Allen Candanedo, Amanda Barraza, Emma Cornejo y Milagros Caballero, participaron en esta transacción.