Morgan & Morgan

Morgan & Morgan

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Morgan & Morgan
MMG Tower, 23rd Floor Ave. Paseo del Mar, Costa del Este Panama City Rep. of Panama

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Morgan & Morgan advised Panama Ports Company, S.A. in the sale of Rubber Tyred Gantry Cranes to Infraestructura Portuaria Mexicana, S.A. de C.V.

Friday, 05 June 2015 / Published in Banking Law, Enrique De Alba, Enrique Jimenez, expertise, Roberto Vidal

Morgan & Morgan advised Panama Ports Company, S.A. in the sale of Rubber Tyred Gantry Cranes to Infraestructura Portuaria Mexicana, S.A. de C.V.

Morgan & Morgan advised Panama Ports Company, S.A. (PPC), as seller, in the sale of certain Rubber Tyred Gantry Cranes to Infraestructura Portuaria Mexicana, S.A. de C.V. (IPM), as purchaser.  The cranes were part of an inventory of equipment owned by PPC not necessary for the operation of PPC in the Ports of Balboa and Cristobal.

PPC is a subsidiary of the Hong Kong-based conglomerate Hutchison Whampoa Ltd. The company develops and operates the Port of Balboa and the Port of Cristobal on the Pacific and Atlantic coasts of the Republic of Panama.

Partner Enrique Jiménez and associate Roberto Vidal, participated in this transaction.

Morgan & Morgan asesoró a Panama Ports Company, S.A. (PPC), en su calidad de vendedor, en la venta de grúas de pórtico sobre ruedas a Infraestructura Portuaria Mexicana, S.A. de C.V. (IPM), en calidad de comprador.  Las grúas eran parte del equipo en inventario de PPC no necesarios para operar los puertos de Balboa y Cristóbal.

PPC es una subsidiaria del conglomerado con base en Hong Kong Hutchison Whampoa Ltd. La compañía desarrolla y opera los puertos de Balboa y Cristóbal en las costas del Pacífico y Atlántico, respectivamente, de la República de Panamá.

Enrique Jiménez, socio, y Roberto Vidal, asociado, participaron en esta transacción.

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