Morgan & Morgan acted as legal counsel to Grupo Financiero BSC (formerly, Inversiones Cuscatlán Centroamérica, S.A.) (“Grupo BSC”) and subsequently to Banco La Hipotecaria, S.A. (“Banco La Hipotecaria”), a member of Grupo BSC’s economic group, in connection with the closing of the acquisition of Banistmo, S.A. (“Banistmo”). The Firm advised on the transaction from the execution of the share purchase agreement entered into in December 2025 between Grupo Cibest, S.A. (“Grupo Cibest”), as seller, and Grupo BSC, as the original purchaser (the “SPA”)...
Morgan & Morgan
Overview
With over a 100 years of trajectory, Morgan & Morgan is a full-service Panamanian law firm, regularly assisting local and multinational corporations from different industries, as well as recognized financial institutions, government agencies, and individual clients.
In particular, the firm has been involved in all stages of the development of mega projects related to energy, water supply, construction, oil, mining, public infrastructure, retail, ports, transportation, among others.
The growth of Panamanian economy and the fact that Panama has become an important regional investment center, has given Morgan & Morgan´s attorneys the opportunity to acquire considerable experience in multidisciplinary practices covering the entire spectrum of the needs of our clients.
Year this Office was Founded: 1923
Notable
Areas of Practice
Professionals
Partners
Kharla Aizpurua Olmos
Partner
Fernando Alfaro
Partner
Aristides Anguizola
Partner
Ricardo Arias
Partner
Rodrigo Ernesto Arias
Partner
Francisco Arias G.
Partner
Laura Barrios
Partner
Raul Bermudez
Partner
Fernando Boyd
Partner
Milagros Caballero
Partner
Jose Carrizo
Partner
Ana Carolina Castillo
Partner
Raul Castro
Partner
Fanny Evans
Partner
Inocencio Galindo
Partner
Carlos E. González Ramírez
Partner
Luis Miguel Hincapie
Partner
Sophia Lee
Partner
Francisco J. Linares
Partner
Luis G. Manzanares Sanchez
Partner
Alexis Medina
Partner
Albalira Montufar
Partner
Juan David Morgan Jr.
Partner
Luis G. Raven
Partner
Jose Rafael Reyes
Partner
Omar Cadul Rodriguez
Partner
Romulo Roux
Partner
Jazmina Rovi
Partner
Mayte Sanchez Gonzalez
Partner
Mario Tejeira
Partner
Simon Tejeira Q
Partner
Alvaro Tomas
Partner
Luis Vallarino
Partner
Ramon Varela
Partner
Roberto Vidal
PartnerArticles
Panama updates rules for international data transfers
The National Authority for Transparency and Access to Information (“ANTAI”) has issued Resolution No. ANTAI-DG-003-2026 dated March 26, 2026 (the “Resolution”), approving and implementing the use of the Ibero-American Data Protection Network (“RIPD”) Standard Contractual Clauses for international transfers of personal data. This initiative forms part of the ongoing development of the framework established by Law 81 of March 26, 2019 (“Law 81”), as regulated by Executive Decree No. 285 of May 28, 2021 (the “Executive Decree 285” and, together with Law 81, the “Data Protection Framework”)...
Press releases
Morgan & Morgan Advised on One of the Most Significant Capital Markets Transactions in the Central American and Caribbean Energy Sector
Morgan & Morgan acted as Panamanian legal counsel to Generadora de Gatún, S.A. (“Gatún”) in a landmark international bond issuance in an aggregate amount of US$1.05 billion, structured under Rule 144A / Regulation S. The issuance was registered with the Panamanian Superintendency of the Securities Market (Superintendencia del Mercado de Valores) and listed on the Latin American Stock Exchange, S.A. (Latinex), achieving a successful placement with institutional investors globally. The bonds were successfully placed internationally obtained investment-grade ratings from Moody's (Baa3) and Standard & Poor's (BBB-), and attracted demand in excess of US$4...
Morgan & Morgan received two recognitions from Latin Lawyer for its social impact and M&A leadership.
São Paulo, May 12, 2026. Morgan & Morgan was honored with two recognitions awarded by Latin Lawyer, highlighting both the firm’s social impact through pro bono work and its leadership in complex corporate transactions in Panama.The award ceremony took place on May 7 in São Paulo, Brazil, and both recognitions were received by Marianela Ferrer, Vice President of Communications & PR at Morgan & Morgan, on behalf of the firm.Pro Bono Project of the Year Food Waste LawThis recognition highlights Morgan & Morgan’s contribution to the drafting and passage of Law No...
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