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

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Pearl Island

Tuesday, 05 March 2013 / Published in Real Estate

Pearl Island

Morgan & Morgan has acted as lead counsel to the owner and developer of the Pedro González Island, Archipelago Las Perlas, Pacific Ocean. The project consists of the integrated development of approximately 1,600 hectares of the island, including an airport, several hotels, a town center, several marinas, etc., as well as contemplating the integration of the project with an existing town; therefore, more than half a dozen lawyers have been called to contribute in connection with various matters, including real estate and condominium regulations (“propiedad horizontal”), contractual arrangements (bidding process for construction contracts), and labor, licensing, environmental, and tax law. The project is owned by local investors and a fund registered in the UK.

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Morgan & Morgan ha actuado como abogado principal para el propietario y promotor de la Isla Pedro González, en el Archipiélago de Las Perlas. El proyecto consiste en el desarrollo integral de aproximadamente 1.600 hectáreas de la isla, incluyendo un aeropuerto, varios hoteles, un centro de ciudad, varios espacios deportivos, contemplando la integración del proyecto con una ciudad ya existente; debido a ésto, más de media docena de abogados han sido llamados a contribuir en relación con diversas asuntos, incluyendo los reglamentos de bienes raíces y condominio (“Propiedad horizontal”), los arreglos contractuales (proceso de licitación para los contratos de construcción), y mano de obra, licencias ambientales, y derecho tributario. El proyecto es propiedad de inversionistas locales y un fondo registrado en el Reino Unido

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