Regularization and Moratorium

REGULARIZATION. By means of Law 51 of 2013 published in the Official Gazette 27368-C of September 6th, 2013, the taxpayers have the opportunity to adjust the Income Tax, which consist in being up to date with this tax obligation. The opportunity to make a single payment is given, the latter being the result of: adding

Double Taxation Treaties´ Benefits Application

Since January 1, 2013, Panama counts with Double Taxation Treaties (DTT) being the first to enter into effect with Mexico and the eleventh and last one as of today with Ireland. These DTT offer benefits and to enjoy these, the taxpayer must comply with a proceeding according to what is provided on Article 762-Ñ of

Morgan & Morgan advised Empresa Nacional de Energía, S.A. in the issuance of corporate bonds for an amount of up to US$50 million

Morgan & Morgan represented Empresa Nacional de Energía, S.A. (EMNADESA) in the issuance of corporate bonds in three series for an amount of up to US$50,000,000.00 which were successfully placed through the Panama Stock Exchange, S.A. The bonds, placed by EMNADESA for the financing of construction and operation of hydroelectric projects in the Republic of

Morgan & Morgan advised Empresa Nacional de Energía, S.A. in the issuance of corporate bonds for an amount of up to US$50 million

Morgan & Morgan represented Empresa Nacional de Energía, S.A. (EMNADESA) in the issuance of corporate bonds in three series for an amount of up to US$50,000,000.00 which were successfully placed through the Panama Stock Exchange, S.A. The bonds, placed by EMNADESA for the financing of construction and operation of hydroelectric projects in the Republic of

Morgan & Morgan carries out pro bono work in Arraijan

As part of our CSR strategy, on Saturday September 21th, 2013, a team of lawyers and volunteers from Morgan & Morgan participated in a Legal Orientation Day held in collaboration with Fundación para el Desarrollo Integral de la Mujer y la Familia (Fundader, for its initials in Spanish), at Arraijan, province of Panama. More than

Morgan & Morgan carries out pro bono work in Juan Diaz

As part of our CSR strategy, on Saturday September 14th, 2013, a team of lawyers and volunteers from Morgan & Morgan and Fundalcom participated in a Legal Orientation Day held at Juan Diaz, province of Panama, in collaboration with the Ministry of Social Development and its program Redes Territoriales. More than 21 people received free

Morgan & Morgan carries out pro bono work in La Arenosa

As part of our CSR strategy, on Saturday August 10th, 2013, a team of lawyers and volunteers from Morgan & Morgan participated in a Legal Orientation Day held in collaboration with Club Kiwanis Las Perlas, at La Arenosa in Chorrera, province of Panama. More than 21 people received free legal assistance and participated in a

Morgan & Morgan carries out pro bono work in Arraijan

As part of our CSR strategy, on Saturday August 3rd, 2013, a team of lawyers and volunteers from Morgan & Morgan participated in a Legal Orientation Day held in collaboration with Fundación para el Desarrollo Integral de la Mujer y la Familia (Fundader, for its initials in Spanish), at Arraijan, province of Panama. More than

Morgan & Morgan carries out pro bono work in Arraiján

As part of our CSR strategy, on Saturday April 25, a team of lawyers and volunteers from Morgan & Morgan participated in a Legal Orientation Day held at El Tecal, Arraijan, in collaboration with Fundación para el Desarrollo Integral de la Mujer y la Familia (Fundader). A great number of people received free legal assistance

Company Split

On November 28, 2012, Law 85 of 2012 was published in the Official Gazette of the Republic of Panama, by which certain articles of the Code of Commerce of the Republic of Panama are amended and added, establishing the “Split” as a form of company reorganization. Split-up It the act whereby a company may split