Morgan & Morgan advised MMG Bank Corporation in the registration with the SMV of MMG Global Allocation Fund, Inc. as an investment fund authorized to publicly offer up to 20,000,000 of its Ordinary Class B Shares
Morgan & Morgan provided legal counsel to MMG Global Allocation Fund, Inc. (“MMG GAF”) in its constitution as a close-ended fund of funds. For said purpose, Morgan & Morgan provided advice to MMG GAF in registering with the Superintendence of the Securities Market of Panama (the Superintendencia del Mercado de Valores or “SMV”). The investment
Morgan & Morgan advised Thesan with respect to the acquisition of PSZ1, S.A.
Morgan & Morgan acted as Panamanian counsel to Thesan with respect to the acquisition of PSZ1, S.A., a Panamanian company with a generation license issued by the National Authority of Public Services of Panama, for the development, construction and operation of the solar photovoltaic power plant “El Espinal”, with an installed capacity of 8.5MW in
- Published in Ana Castillo, Cristina De Roux, expertise, Mergers & Acquisitios, Ramon Varela
Morgan & Morgan advised CM Realty, S.A. in the process of registering as a REIT before the Superintendence of the Securities Market of Panama and in the placement of its Ordinary Class B Shares through the Panama Stock Exchange, S.A.
Morgan & Morgan provided legal counsel to CM Realty, S.A. (“CM Realty”) in its constitution as a Sociedad de Inversión Inmobiliaria (the Panamanian equivalent of a Real Estate Investment Trust or REIT) in compliance with the requirements to enjoy the special tax regime set forth in paragraph 2 of article 706 of Panama’s Tax Code.
Morgan & Morgan advised Wells Fargo Bank, National Association and The Prudential Insurance Company of America in a US$250 million securitization of DPRs
Morgan & Morgan advised Wells Fargo Bank, National Association and The Prudential Insurance Company of America, in their role as lenders and investors in new loans and notes for an aggregate amount of US$250,000,000.00, which are guaranteed by a diversified payment rights program established by Banco General, S.A., comprising of the securitization of future funds
- Published in Banking Law, expertise, Ramon Varela, Ricardo Arias, Roberto Vidal, Securities and Capital Markets
Morgan & Morgan advised in connection with the sale of Cerro Azul Power Generation Corp.
Morgan & Morgan advised Del Mar Asset Management L.P., in connection with the sale of Cerro Azul Power Generation Corp. In April 2014, Cerro Azul Power Generation Corp. received a license from the Panamanian government to build and operate a thermal power plant with a 45 MW capacity in Vista Hermosa, Pacora, district of Panama,
- Published in expertise, Francisco Arias, Gilbert Mallol
Morgan & Morgan advised Shanghai Gorgeous Investment Development Inc. in the acquisition of Panama Colon Container Port, Inc. and subsidiaries
Morgan & Morgan acted as Panamanian counsel to Shanghai Gorgeous Investment Development Inc., with respect to the acquisition of Panama Colon Container Port, Inc. (PCCP) and subsidiaries, a company with a concession granted by the Panamanian Maritime Authority, to build and operate the port of Isla Margarita in the province of Colon, Republic of Panama.
- Published in Ana Castrellon, expertise, Inocencio Galindo
Morgan & Morgan advised Cirsa Gaming Corporation, S.A. and Deutsche Bank AG in the offering of senior notes for an amount of up to €450,000,000
Morgan & Morgan acted as counsel to Cirsa Gaming Corporation, S.A. (Cirsa) and Deutsche Bank AG, London Branch, in connection with the offering of €450,000,000 aggregate principal amount of 5.750% senior notes due 2021, issued by Cirsa Funding Luxembourg, S.A. and to be guaranteed by Cirsa and, among others, Gaming & Services de Panamá, S.A.
- Published in expertise, Francisco Arias, Mercedes Grimaldo, Roberto Vidal, Securities and Capital Markets
Morgan & Morgan advised Inabata America Corporation in the acquisition of a shareholding participation in Agricola Industrial El Boldo
Morgan & Morgan acted as Panamanian counsel to Inabata America Corporation, Japanese trader, in the acquisition of 33,34% of the Chilean company Agricola Industrial El Boldo, owned by Algerton Corp. and dedicated to the production, commercialization, sale and distribution of cranberries worldwide. For this acquisition transaction, the firm was required to issue opinions on matters
- Published in expertise, Fernando Boyd, Roberto Lewis
Morgan & Morgan advised in video game provider acquisition deal
Morgan & Morgan acted as special Panamanian counsel to a top video game retailer with respect to the acquisition of an interest in Latin-American video game operations. Partner Inocencio Galindo and associate Roberto Vidal, participated in this transaction.
- Published in expertise, Inocencio Galindo, Roberto Vidal
Morgan & Morgan advised OeEB, FMO and Proparco in connection with a Loan Agreement for an amount of up to US$45 million
Morgan & Morgan acted as Panamanian counsel to Oesterreichische Entwicklungsbank AG (OeEB), Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) and Societe de Promotion et de Participation pour la Cooperation Economique (Proparco), in connection with a US$45,000,000.00 credit facility granted by said financial institutions to Corporación Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI). Partner Inocencio Galindo
- Published in Banking Law, expertise, Inocencio Galindo, Projects, Roberto Vidal