Press Releases

More than 500 local and international companies and individuals from the maritime industry gathered in the Republic of Panama for the fourteenth edition of Panama Maritime Conference & Exhibition, the largest maritime event in Panama, which took place from March 17th to March 19th, 2019, at the Megapolis Convention Center ...

Banco La Hipotecaria, S.A., acting as trustee of the Fifteenth Mortgage-Backed Notes Trust (an issuer trust constituted under the laws of Panama), registered Mortgage Loans Notes in three tranches for an amount of up to US$40,000,000 with the Superintendency of Capital Markets of Panama, which notes were successfully placed through the Panama Stock Exchange. Payments due to holders under the Mortgage Loan Notes are guaranteed by a collateral trust constituted under the laws of Panama ...

Banco La Hipotecaria, S.A., acting as trustee of the Fourteenth Mortgage-Backed Notes Trust (an issuer trust constituted under the laws of Panama), registered Mortgage Loans Notes in three tranches for an amount of up to US$60,000,000 with the Superintendency of Capital Markets of Panama, which notes were successfully placed through the Panama Stock Exchange. Payments due to holders under the Mortgage Loan Notes are guaranteed by a collateral trust constituted under the laws of Panama ...

Panama, February 18, 2019. Morgan & Morgan was part of the team of lawyers that represented Electron Investment, S.A. (“EISA”), in an arbitration process filed by Constructora Seli Panamá, S.A. (“SELI”), before the International Chamber of Commerce (“ICC”) ...

Morgan & Morgan acted as Panamanian legal counsel to Farallon Nicaragua, a vertically integrated producer of farmed shrimp and a leading supplier of branded fresh-frozen shrimp to major markets in Asia Europe and the U.S., in connection with the sale of its business to Cooke Inc., a New Brunswick Canadian company and parent of Cooke Aquaculture Inc. Morgan & Morgan was required to advise Farallon Nicaragua on legal matters related to this M&A transaction ...

Panama, January 5, 2019. Morgan & Morgan is pleased to announce the promotion of attorneys Roberto Vidal and Kharla Aizpurua Olmos to the partnership of the firm. The designations of Mr. Vidal and Mrs. Aizpurua Olmos reinforces the firm´s already robust Corporate Law practice. Mr ...

Panama, January 5, 2019. Morgan & Morgan is pleased to announce the promotion of attorney Luis G. Raven to the partnership of the firm. The designation of Mr. Raven reinforces the firm´s already robust Shipping and Admiralty Litigation practice. With more than 10 years of experience, Mr. Raven advises in all aspects of maritime dispute resolution and claims including collision, cargo, oil spill pollution, charter party disputes, and ship mortgage executions, among others ...

Morgan & Morgan advised Banco La Hipotecaria, S.A. (BLH) in the structuring of its first covered bond program from which BLH may issue covered bonds pursuant to Rule 144A and Regulation S of the Securities Act of 1933 in series, from time to time, up to a maximum aggregate nominal amount of US$200,000,000 ...

Morgan & Morgan represented certain investment funds managed by the Merchant Banking Division of The Goldman Sachs Group Inc. (“Goldman Sachs”) in the negotiation of a Security Purchase Agreement pursuant to which Goldman Sachs acquired for US$300 Million, 12% Redeemable Preferred Stock of McDermott International, Inc., a Panamanian corporation (the “Company”), and a warrant to purchase a number of shares of the common stock of the Company. Partner Francisco Arias G ...

Panama, November 14, 2018. We are proud to announce that Morgan & Morgan, through the work carried out by its Community Legal Assistance Program, received the international recognition “Regional Best Practices Award for Sustainable Development in Latin America and the Caribbean” for the work the organization has been doing on the Sustainable Development Goal (SDG) # 5: Gender Equality ...

Panama, October 12, 2018. Morgan & Morgan was the only Panamanian law firm ranked in the first version of the “Top Companies with the Best Corporate Reputation in Panama”. Likewise, Juan David Morgan G., CEO of the company, and Carlos Ernesto González Ramírez, partner of the firm, were selected within the “Top Corporate Leaders”, as part of the 100 businessmen and executives with the best professional reputation in the country ...

Morgan & Morgan represented Engie Solar in the sale of its ownership in PanamaSolar2, S.A., to Latin Renewables Infrastructure Funds managed by Real Infrastructure Capital Partners. Engie Solar through its subsidiaries Solairedirect Global Operations and Solairedirect Panama designed, procured, developed and built a photovoltaic power plant “Pocri” with an installed capacity of 16MW located in the Province of Cocle, Republic of Panama, owned and operated by PanamaSolar2, S.A ...

Morgan & Morgan and sixteen attorneys of the firm were recognized in the Chambers Latin America 2019, guide of the best lawyers and law firms across 20 countries of Central America, the Caribbean, South America and Mexico. The firm has been ranked in the first Bands within the areas of Banking & Finance, Capital Markets, Corporate/M&A, Dispute Resolution, Energy & Natural Resources, Intellectual Property, Offshore, Projects, Real Estate, Shipping and Shipping Litigation ...

Panama, September 13, 2018. Morgan & Morgan advised the Hitachi, Ltd., Mitsubishi Corporation, and Ansaldo STS, S.p.A., in connection with an Agreement signed with Metro de Panamá, S.A., a corporation 100% owned by the Republic of Panama, regarding the participation of this group of companies that, led by Hitachi, Ltd ...

Panama, August 25, 2018. With the topic "Panamanian Fiscal Regulatory Framework in International Securitization", Mr. Francisco Arias G., partner in charge of the Securities and Capital Markets practice group of Morgan & Morgan, participated as a speaker in the conference Latest Trends in Asset Securitization: Applications to the Panamanian Market. The event was organized by Flex Funds, a firm specializing in vehicles for worldwide investment ...

Morgan & Morgan acted as counsel to Cirsa Gaming Corporation, S.A. (Cirsa) in connection with the offering of �663,000,000 6.250% senior secured notes due 2023, �425,000,000 floating rate senior secured notes due 2023, U.S. $550,000,000 7.875% senior secured notes due 2023, issued by LHMC Finco S.a.r.l. (Issuer), and to be guaranteed by the Issuer and, among others, Gaming & Services de Panama, S.A ...

For the second consecutive year, Ms. Kharla Aizpurua Olmos, Senior Associate of Morgan & Morgan, has been appointed as member of the Board of Directors of Fundacion WIP Panama. She has also been designated as member of the Board of Directors of Fundacion Dona Felicidad ...

As of August 8th, 2018, foreigners of nationalities that require a visa to enter the Republic of Panama may enter with a Schengen Visa or current Residency from Korea, Japan or Singapore. Comments: By means of Executive Decree No. 521 of April 6th, 2018, any foreigner who requires a visa to enter the national territory, holding a Visa or valid residency in Korea, Japan or Singapore, may enter Panama, as a tourist, without an entry visa ...

Morgan & Morgan acted as special Panamanian counsel to Alta Cordillera, S.A., in connection with a credit facility granted by PDS Gaming-International, LLC, M&G Illiquid Credit Opportunities Fund Limited and M&G Illiquid Credit Opportunities Fund II Limited, as lenders, to Alta Cordillera and Codere Newco, S.A.U., as borrowers. PDS Gaming LLC acted as arranger, servicer and agent for the lenders and PDS Gaming-International, LLC acted as collateral agent ...

Morgan & Morgan�s Panama office, and fifteen attorneys of the firm were recognized in the Chambers Global 2018, guide of the best lawyers and law firms across 190 jurisdictions in the world. The firm has been ranked in the first Bands within the areas of Corporate/Commercial, Banking & Finance, Dispute Resolution, Intellectual Property, Offshore, Shipping and Shipping Litigation ...

Morgan & Morgan acted as Panamanian counsel to the shareholders of Hidrotenencias, S.A., a company that owns and operates three run-of-the-river hydropower plants located in the province of Chiriqui, in connection with the sale of their stake in the company to EnfranGen Spain, S.A. This cross-border transaction, which involved attorneys from Panama and the United States of America, consisted in the sale of the 100% of the shares of Hidrotenencias, S.A ...

Ana Cristina Castrellon, associate of Morgan & Morgan, has been appointed Deputy Representative of the Rotary Club Panama, in its capacity as member of the Administrative Board of the National Oncology Institute (ION). ION engages in research and treatment of cancer patients in the Republic of Panama. Ms. Castrellon will participate in Board meetings of this health institution, whose mission is to oversee its proper administration, performance and operation ...

Dr. Francisco Linares, partner of Morgan & Morgan, was re-elected as Chairman of the Board of Directors of the Panamanian Maritime Law Association for the 2018-2019 term. The act took place last April 20 at Club Union in Panama City, with the presence of personalities and professionals of the legal and maritime industries ...

For the fifth consecutive year, Morgan & Morgan has received the “Leading Lights” recognition in Latin America for the Pro Bono program that the firm executes with the invaluable support of its team of lawyers. This distinction was granted by the British publication Latin Lawyer, who together with the Cyrus R ...

For the second consecutive year, Morgan & Morgan was recognized as a leading firm-Band #1 in the second edition of Chambers & Partners High Net Worth Guide – Private Wealth Law section, a publication aimed at the international private wealth market and a key reference point of the world´s leading firms in terms of service excellence and reputation. The editorial also highlighted the work of MMG Trust (Panama) S.A., a company of the Morgan & Morgan Group that provides trust services ...