Morgan & Morgan

The need to find mitigation mechanisms against climate change increases as time passes. In this context, Panamanian legislation is directly influenced by international instruments whose main objective is to combat the effects of climate change and assume commitments to reduce greenhouse gases ("GHGs") emissions; within which is the Kyoto Protocol to the United Nations Framework Convention on Climate Change, adopted by Panama through Law 88 of November 30, 1998; the United Nations Framework Convention on Climate Change through Law 10 of April 12, 1995; the Paris Agreement through Law 40 of September 12, 2016, and, the Doha Amendment to the Kyoto Protocol through Law 38 of June 3, 2015...

Throughout my career as a banker and as an attorney, as well as through experiences with friends and their families, I have noticed that there is no topic more taboo than talking to someone about their death and how they intend to distribute their accumulated assets during their lifetime. It is incredible that, for many, this topic is so difficult to face with an objective mind to leave their estate affairs in order, no matter how small it may be. After all, as the flamboyant singer of the band The Doors, Jim Morrison, said when referring to life: "Nobody gets out of here alive...

This article is intended to inform about the advantage of using a “Reserve Director” in the jurisdictions of the British Virgin Islands (BVI) and Belize.As is known, these jurisdictions allow a single director and shareholder to be maintained and both roles can be executed by the same natural person. This allows absolute control of the company and total confidentiality; however, it is a fact that, in the event of the death of that person, the company would be left in an uncertain state, without being able to appoint new directors until the succession process is completed...

For the ninth consecutive year Morgan & Morgan has been designated a "Band 1" Law Firm in Panama in the Private Wealth Law section of Chambers High Net Worth Guide 2024, a publication aimed at the international private wealth market and estate planning and a key reference point of the world´s leading firms in terms of service excellence and reputation. Six attorneys were also distinguished with top rankings as Notable Practitioners in the guide:Roberto Lewis Morgan (Senior Statespeople), Of Counsel, recognized for his depth of expertise in wealth preservation and distribution matters, including private interest foundations and corporate vehicles...