Securitization in Panama

In this edition of Chambers & Partners, the securities team of Morgan & Morgan summarized the key aspects and developments in Panama, where the activity in the securities sector has been performed in recent years as an alternative form of financing. The guide is available here

CHANGES IN THE RULES TO GRANT RESIDENCE AND WORK PERMITS

As of May 28th, 2019, five (5) Executive Decrees were enacted to modify rules related to the granting of residence and work permits.  The main changes are the following: NATIONAL IMMIGRATION AUTHORITY. Stay Visa for citizens of the United States of America: A new category of Stay Visa is created for citizens of the United

Immigration Alert

April 26: World Intellectual Property Day

María Eugenia Brenes and Allen Candanedo, associates of the Intellectual Property Department of Morgan & Morgan In the year 2000, the United Nations General Assembly designated April 26 as World Intellectual Property Day. The purpose of this is to highlight the role that intellectual property rights play in encouraging innovation and creativity. Across the globe, and at

Jazmina Rovi took office as Chairman of the Panama Maritime Law Association

Mrs. Jazmina Rovi, partner of Morgan & Morgan, took office as new Chairman of the Board of Directors of the Panama Maritime Law Association (APADEMAR, for its acronym in Spanish) for the 2019-2020 term. The election took place on March 28, 2019 at the National Bar Association of Panama where over 80% of the members

Latin Lawyer highlighted Morgan & Morgan

The 2019 edition of Latin Lawyer recommended Morgan & Morgan as the largest firm in Panama.  “A large headcount and an established presence in the market gives Morgan & Morgan the manpower and experience required to guide some of Panama’s most significant transactions”, states the guide. Partners Juan David Morgan Jr., Francisco Linares, Enrique De

BVI: Economic Substance Legislation

Fanny Evans, associate at Morgan & Morgan The British Virgin Islands (BVI) has passed legislation requiring certain legal entities carrying on relevant activities to demonstrate adequate economic substance in the BVI. The owners of any company or limited partnership registered or incorporated in the BVI should be aware of this legislation and consider how they

The National Immigration Authority communicates new regulations for the immigration processes of Venezuelans in Panama

By means of Executive Decree No. 123 of March 26th, 2019, the nationals from Venezuela who currently live in Panama and hold an expired passport will be able to use this passport to file their immigration processes, provided they have an extension stamp issued by the Consulate of Venezuela. Comments: This Executive Decree only applies

Panama: New Law on Protection of Personal Data

With the enactment of Law No. 81 on Protection of Personal Data, the Republic of Panama aims to establish the principles, rights, obligations and procedures that regulate the protection of personal data, also considering their interrelation with private life and other rights and fundamental freedoms of citizens, by natural or legal persons, public or private

Outstanding participation of Morgan & Morgan at Panama Maritime Conference and Exhibition 2019

More than 500 local and international companies and individuals from the maritime industry gathered in the Republic of Panama for the fourteenth edition of Panama Maritime Conference & Exhibition, the largest maritime event in Panama, which took place from March 17th to March 19th, 2019, at the Megapolis Convention Center. Several topics were discussed during