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Morgan & Morgan advised Banco Inbursa in the purchase and assignment of Credits Master Agreement for a value of US$415 millions
Morgan & Morgan, August 2017
Panama

Morgan & Morgan advised Banco Inbursa, S.A., Institucion de Banca Multiple, as buyer in the master agreement for the purchase and assignment of non-recourse credits through an evolving discount purchase facility for a value of US$ 415,000,000.00 of certain specific credit rights of Consorcio Linea 2 de Metro de Panama, comprised of FCC Construccion, S.A...

Morgan & Morgan advised the Republic of Panama, Merrill Lynch, Pierce, Fenner & Smith Inc. and Morgan Stanley & Co. LLC in a tender offer of U.S. Global Bonds
Morgan & Morgan, August 2017
Panama

Morgan & Morgan acted as Panamanian legal counsel to Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC, with respect to a tender offer by the Republic of Panama to bondholders of 3.875% Global Bonds due March 17, 2018, up to an additional US$253,988,000 aggregate principal amount of said 3...

Morgan & Morgan advised Thesan with respect to a US$11.5 million finance for the development and operation of solar energy project El Espinal
Morgan & Morgan, July 2017
Panama

Morgan & Morgan acted as Panamanian counsel to Thesan with respect to a US$11.5 Million Dollars Project Finance facility granted by CIFI (Corporación Interamericana para el Financiamiento de Infraestructura, S.A.) for the development and operation of a solar photovoltaic power plant “El Espinal”, with an installed capacity of 8.5MW in the Republic of Panama...

Morgan & Morgan advised Grupo CAABSA in connection with the asset purchase acquisition of Soho Mall
Morgan & Morgan, June 2017
Panama

Morgan & Morgan acted as local counsel to Grupo CAABSA, in connection with the asset purchase acquisition of Soho Mall, by a consortium group comprised of Mexican companies, i.e. by Grupo CAABSA and Grupo Citelis. Grupo CAABSA is a Mexican business group, which is the operator of one of the main shopping centers in Mexico...

Morgan & Morgan Strengthens Immigration and Labor Law Practices
Morgan & Morgan, June 2017
Panama

Morgan & Morgan is pleased to announce the recent incorporation of partners Ricardo Aleman, Maria Teresa Mendoza and Albalira Montufar to the firm, with the purpose of maintaining the highest level of service in the areas of immigration and labor law of the firm...

Morgan & Morgan advised in the acquisition of Sociedad de Alimentos de Primera, S.A.
Morgan & Morgan, June 2017
Panama

Morgan & Morgan acted as counsel to DMPTY, INC., a Castillo Hermanos company, with respect to the successful closing, on June 1, 2017, of the transaction for the acquisition, from Empresa Panameña de Alimentos, S.A., of 100% of the issued and outstanding shares of Sociedad de Alimentos de Primera, S.A. (SAPRISA); owner of the Bonlac brand and line of dairy products...

Morgan & Morgan advised Grupo Puente in obtaining its banking license in Panama
Morgan & Morgan, May 2017
Panama

The Superintendence of Banks (SBP) of the Republic of Panama has issued a resolution by which it grants Puente Bank, S.A. an International Banking License to formally operate in the Republic of Panama...

Morgan & Morgan advised in connection with a joint venture of Cafetales and ENESA
Morgan & Morgan, May 2017
Panama

Morgan & Morgan advised Cafetales, S.A. (Cafetales) and Energía Natural, S.A. (ENESA), in a joint venture in a special purpose vehicle, Emnadesa Holding, S.A., in favour of which ENESA transferred its ownership interest in Empresa Nacional de Energía, S.A., and Cafetales transferred its ownership interest in Hidroeléctrica Bajos del Totuma, S.A. Empresa Nacional de Energía, S.A...

Morgan & Morgan Hosts Conference on Women Diversity
Morgan & Morgan, April 2017
Panama

On occasion of the International Women’s Day, in Panama City was held a forum on “Women leadership for business competitiveness”, with the participation of Maria Perdomo and Andrea de la Piedra, co-founders of Aequales and creators of The Gender Equality Ranking which is implemented across different organizations...

Morgan & Morgan Advised IAMSA in the Sale of Their Shareholding Stake in VivaColombia
Morgan & Morgan, April 2017
Panama

Morgan & Morgan acted as Panamanian counsel to Mexican group IAMSA, in the sale of their shareholding stake in Colombian airline VivaColombia, by Irelandia Aviation. The firm was required to review the contracts based on Panamanian law and make the necessary corporate changes required to complete the operation...

Morgan & Morgan Advised Grupo Santillana in the Acquisition of the Education Business of Grupo Carvajal and Subsidiaries
Morgan & Morgan, December 2016
Panama

Morgan & Morgan acted as Panamanian counsel to Grupo Santillana, company part of Prisa Group, with respect to the acquisition of the education business of Grupo Carvajal and subsidiaries. This M&A operation, for an amount up to 14.3 million euros, involved attorneys from Panama, Colombia, Argentina, Chile, Guatemala, México, Peru and Puerto Rico...

Morgan & Morgan Advises The AES Corporation in Connection With the Development of a Gas-Fired Generation Plant
Morgan & Morgan, December 2016
Panama

Morgan & Morgan is currently advising The AES Corporation, a worldwide developer of power projects, in the development of an integrated gas to power facility in the Telfers Islands in the province of Colon, at the North Coast of the Republic of Panama...

Morgan & Morgan Advised Corporación Andina de Fomento, Corpbanca New York Branch, International Finance Bank, Multibank, Prival Bank, BAC Florida Bank, Banco Pichincha and Other Lenders, in Connection With a US$71.5 Million Credit Facility
Morgan & Morgan, December 2016
Panama

Morgan & Morgan acted as special Panamanian counsel to Corporación Andina de Fomento, Corpbanca New York Branch, International Finance Bank, Multibank, Inc., Prival Bank, S.A., BAC Florida Bank., Banco Pichincha Panamá, S.A. and other lenders, in connection with a US$71,500,000...

Morgan & Morgan Advised An Affiliate Company of Grupo Provivienda in the Purchase of a Shareholding Participation in Argos Panama, S.A.
Morgan & Morgan, December 2016
Panama

Morgan & Morgan acted as Panamanian counsel to an affiliate of Grupo Provivienda in the purchase of 20% of the issued and outstanding shares of Argos Panamá, S.A., a Panama-based subsidiary of the Cementos Argos, a Colombia-based cement group that is the fifth largest in Latin America and second largest in the south east of the United States...

Morgan & Morgan Advised Wells Fargo Bank, National Association and The Prudential Insurance Company of America in a US$250 Million Securitization of DPRs
Morgan & Morgan, July 2016
Panama

Morgan & Morgan advised Wells Fargo Bank, National Association and The Prudential Insurance Company of America, in their role as lenders and investors in new loans and notes for an aggregate amount of US$250,000,000.00, which are guaranteed by a diversified payment rights program established by Banco General, S.A...

Morgan & Morgan advised OeEB, FMO and Proparco in connection with a Loan Agreement for an amount of up to US$45 million
Morgan & Morgan, March 2016
Panama

Morgan & Morgan acted as Panamanian counsel to Oesterreichische Entwicklungsbank AG (OeEB), Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) and Societe de Promotion et de Participation pour la Cooperation Economique (Proparco), in connection with a US$45,000,000...

Morgan & Morgan advised majority shareholders of Banco Universal, S.A. in the sale of their shareholding stake in favor of Canal Bank, S.A. (BMF)
Morgan & Morgan, March 2016
Panama

Morgan & Morgan represented the majority shareholders of Banco Universal, S.A. in connection with the sale of their shareholding stake to Canal Bank, S.A. (BMF). The Superintendency of Banks of Panama approved the transaction after taking administrative and operating control of Banco Universal, S.A. and then ordering the reorganization of said banking institution...

Morgan & Morgan advised Metro de Panama, S.A. in connection with EPC Contract for Line 2 of the Metro of Panama
Morgan & Morgan, February 2016
Panama

Morgan & Morgan has been engaged by Metro de Panama, S.A., a corporation 100% owned by the Republic of Panama, to prepare the Engineering, Procurement and Construction (EPC) contract for Line 2 of the Metro of Panama...

Morgan & Morgan advised Minera Panama, S.A. and First Quantum Minerals Ltd. in connection with a Streaming Agreement for an amount of US$1,000,000,000.00
Morgan & Morgan, January 2016
Panama

Franco-Nevada (Barbados) Corporation, as Buyer, and Minera Panama, S.A., as Seller, and Inmet Panama I S. À R.L., and Inmet Panama II S.A., and Inmet Finance Company S. À R.L.; signed a revised Purchase and Sale Agreement dated October 29, 2015, for a precious metals stream on the Cobre Panama copper project in Panama, by which the Buyer would provide a cash deposit payment of US$1,000,000,000...

Morgan & Morgan advised Balboa Bank & Trust Corp. in the offering of 25,000 Preferred Stocks for an amount of up to US$25 million
Morgan & Morgan, September 2015
Panama

Morgan & Morgan represented Balboa Bank & Trust Corp., a Panamanian investment bank, in the public offering of 25,000 Preferred Stocks issued by Latin American Kraft Investment Inc. (LAKI), a multinational company with important presence in Central and North America, leader in the manufacture industry on the region. In such public offering Balboa Bank & Trust, Corp...

Morgan & Morgan advised Electron Investment, S.A. in the offering of Corporate Bonds for an amount of up to US$235 million
Morgan & Morgan, August 2015
Panama

Morgan & Morgan represented Electron Investment, S.A., a Panamanian company that develops and operates hydroelectric power plants, in the public offering of Corporate Bonds with a value of up to US$235,000,000...

Morgan & Morgan advised Unión Nacional de Empresas, S.A. (UNESA) in the registration and public offering of common stock for an amount of up to US$90,000,000
Morgan & Morgan, August 2015
Panama

Morgan & Morgan advised Unión Nacional de Empresas, S.A. (UNESA), the holding company of an array of businesses involved in real estate, construction, hospitality and other commercial and industrial activities, in the registration and initial public offering of Class “B” Common Stock for an amount of up to US$90,000,000...

MMG Tower earn LEED Gold Certification
Morgan & Morgan, June 2015
Panama

MMG Tower, headquarters of the Morgan & Morgan Group in Panama City, has received LEED Gold certification by the US Green Building Council. “It has been a long and arduous 4-year journey to achieve this certification, with many companies and individuals being involved in the process of achieving this goal...

Morgan & Morgan advised in the sale of Felix B. Maduro to Grupo WISA
Morgan & Morgan, March 2015
Panama

Morgan & Morgan represented the shareholders of Felix B. Maduro, S.A., a family-owned company of department stores with a 138 year trajectory in the Republic of Panama, in the sale of 100% of its shares to Grupo WISA, S.A., a wholesaler and retailer of perfumes and apparel with operations locally and throughout Latin America...

Morgan & Morgan advised Deutsche Bank AG, London Branch and Cirsa Gaming Corporation, S.A. in the offering by Cirsa Funding Luxembourg S.A. of senior notes for an amount of up to €500,000,000
Morgan & Morgan, March 2015
Panama

Morgan & Morgan represented Deutsche Bank AG, London Branch, as initial purchaser, and Cirsa Funding Luxembourg S.A., as issuer, in the offering of €500,000,000 aggregate principal amount of 5.875% senior notes due 2023. The notes will be guaranteed by Cirsa Gaming Corporation, .S.A, and, among others, Gaming & Services de Panamá, S.A...

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, March 2015
Panama

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...

Morgan & Morgan advised The OPEC Fund for International Development (OFID) in connection with a Loan Agreement for an amount of up to US$15 million
Morgan & Morgan, March 2015
Panama

Morgan & Morgan acted as Panamanian counsel to The OPEC Fund for International Development (OFID) in connection with a Loan Agreement for the amount of up to US$15 million, by and among Corporación Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI), as borrower. Partner Inocencio Galindo and associate Roberto Vidal, participated in this transaction...

Morgan & Morgan Advised BofA Merrill Lynch and Citigroup in an offering of notes for an amount of up to US$350 million
Morgan & Morgan, March 2015
Panama

Morgan & Morgan represented BofA Merrill Lynch and Citigroup in an offering of Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex") of US$350,000,000 aggregate principal amount of 3.250% notes due 2020 under the Euro Medium Term Notes Program. Partner Francisco Arias and associates Roberto Vidal and Ricardo Arias, participated in this transaction...

Morgan & Morgan advised the lenders with respect to loans for an amount up to US$300 million for the financing of a four wind farms in Panama
Morgan & Morgan, January 2015
Panama

Morgan & Morgan acted as Panamanian counsel to International Finance Corporation (IFC), Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO), Societe de Promotion et de Participation pour la Cooperation Economique (Proparco), Oesterreichische Entwicklungsbank AG (OeEB), Central American Bank for Economic Integration (CABEI), Banco General, S.A...

Morgan & Morgan incorporates Mr. Horacio Valdés B. (J.D.) to its corporate practice group
Morgan & Morgan, October 2014
Panama

Morgan & Morgan is pleased to announce the recent incorporation of Mr. Horacio Valdés B. (J.D.) as Of Counsel, thus, joining the more than 80 attorneys making up the group international network. After 10 years in a prestigious local law firm advising banks and multinational companies from several industries and jurisdictions on corporate and commercial matters, Mr...

Morgan & Morgan received the Real Estate Grand Master award with its Project MMG Tower
Morgan & Morgan, October 2014
Panama

MMG Tower, headquartes of the Morgan & Morgan Group in Panama, received the Real Estate Grand Master award, the highest recognition granted by ACOBIR (Panamanian Association of Real Estate Brokers and Developers) and FIABCI (International Federation of Professional Real Estate firms) on its first edition of the “Panama Real Estate Master 2014” awards...

Morgan & Morgan advised Tri Marine International in the constitution of Maritime Mortgage for an amount of up to US$4,800,000.00
Morgan & Morgan, October 2014
Panama

Morgan & Morgan and García & Bodán Honduras, worked together to constitute a Maritime Mortgage in favor of their client Tri Marine International for an amount of US$4,800,000,00, which supported various fishing contracts signed between Tri Marine and its providers worldwide, to provide funding...

Morgan & Morgan advised Banistmo S.A., as trustee of the ENA Este Trust, in relation to the issuance and public offering of corporate bonds for an amount of up to US $212 million
Morgan & Morgan, July 2014
Panama

Morgan & Morgan represented Banistmo S.A. in the issuance of corporate bonds for an amount of up to US$212,000,000.00 which were successfully placed through the Panama Stock Exchange. The bonds were placed by Banistmo S.A., acting as trustee of the ENA Este Trust, registered with the Superintendency of Securities of the Republic of Panama...

Morgan & Morgan advised SEMUSA in the negotiation for its acquisition by Marsh Group
Morgan & Morgan, July 2014
Panama

Morgan & Morgan represented the shareholders of Seguros Morrice y Urrutia, S.A. (SEMUSA) in the sale of the majority shareholding stake of this company to the Marsh Group, a global risk management and insurance brokerage firm with headquarters in New York. SEMUSA is one of the leading insurance brokerage firms in the Republic of Panama and has been Marsh´s local correspondent for 15 years...

ISFIN teams up with Morgan & Morgan in Panama.
Morgan & Morgan, March 2014
Panama

Morgan & Morgan to play key role in growing ties between Panama and emerging markets ISFIN has teamed up with leading law firm Morgan & Morgan as its exclusive partner in the Republic of Panama. Prof...

Morgan & Morgan Receives Recognition for its Pro Bono Program
Morgan & Morgan, January 2014
Panama

It is with great pride that we announce that for the second year in a row the British publication Latin Lawyer has awarded us with the "Leading Lights" recognition in Latin America for our Pro Bono program. We were selected among the most important law firms in Latin America based on the institutionalization of the practice, its high standards and the active participation of lawyers...

Morgan & Morgan´s New Headquarters
Morgan & Morgan, January 2014
Panama

We would like to inform you that starting January 6th, 2014, Panamanian law firm Morgan & Morgan has moved its headquarters to the innovative and ecological MMG Tower. MMG Tower has an exceptional location in Costa del Este, offering magnificent views of the Pacific Ocean and Panama City...

MMG Trust Ecuador Celebrates its 10th Anniversary
Morgan & Morgan, July 2013
Panama

On July 11th, 2013, MMG Trust Ecuador (member of the Panamanian group Morgan & Morgan) celebrated its 10 years of physical presence in Ecuador, joining the celebration of the Group’s 90 years worldwide. In honor of this milestone, the Board of Directors offered a reception at the Main Room of Club Union in Guayaquil, Ecuador...

Morgan & Morgan Advised Credit Suisse and HSBC on USD 50.9 Million Financing Agreement for Construction of the Ciudad de las Artes project
Morgan & Morgan, July 2013
Panama

Morgan & Morgan acted as counsel to Credit Suisse AG, Cayman Islands branch, as assignee and administrative agent and to HSBC Bank (Panama), S.A., as local collection agent, in a US$50,960,135.51 Master Assignment Agreement of certain credit rights of Consorcio Omega, conformed by Omega Engineering Inc. and Omega Engineering LLC, as assignor...

Morgan & Morgan Advised MMG Bank Corp. and Desarollos Hidroeléctricos, Corp. in a USD 37 Million Syndicated Loan for the Development of the San Andrés Hydroelectric Project
Morgan & Morgan, July 2013
Panama

Morgan & Morgan acted as counsel to MMG Bank Corporation, as lender and administrative agent, and Desarrollos Hidroeléctricos, Corp., as borrower, in connection with a US$37,000,000 syndicated loan for the development of the San Andrés hydroelectric project, located in the Province of Chiriquí, Republic of Panama, with an installed capacity of 10MW...

Morgan & Morgan Advised a Group of Financial Entities in Relation to the Securitization of Senior Secured Notes for an Amount of up to USD 257.6 Million
Morgan & Morgan, July 2013
Panama

Morgan & Morgan acted as local counsel to (i) HSBC Investment Corporation (Panama), S.A., as original co-trustee; (ii) Global Financial Funds, Corp., as co-trustee; and (iii) the holders of the 9.50% Senior Secured Notes due 2017 in an aggregate principal amount of US$257,643,695.00, issued by Newland International Properties, Corp. Newland International Properties, Corp...

Morgan & Morgan Partner to Become a Member of the Governing Board of the University for Peace
Morgan & Morgan, May 2013
Panama

The Secretary General of the Organization of the United Nations (UN), Ban Ki-moon, has invited Dr. Aristides Royo, former President of the Republic of Panama, to become a member of the Governing Board of the University for Peace (UPEACE). UPEACE is an academic institution under the UN and is the only institute of this organization authorized to grant master's degrees and doctorates. http://www...

Morgan & Morgan Advised Financial Entities with Respect to a Loan in an Aggregate Principal Amount of up to USD 288 Million
Morgan & Morgan, May 2013
Panama

Morgan & Morgan advised HSBC Bank (Panama), S.A., HSBC Bank USA, National Association and HSBC Investment Corporation (Panama), S.A., in connection with a second amended and restated credit agreement (the “Credit Agreement”), executed as of April 18, 2013, by and among (i) Petroterminal de Panama, S.A., as borrower; (ii) HSBC Bank (Panama), S.A...

Morgan & Morgan Advised The AES Corporation in the Issuance and Sale of USD310 Million Senior Guaranteed Notes
Morgan & Morgan, April 2013
Panama

Morgan & Morgan advised AES El Salvador, S.A. de C.V., Compañía de Alumbrado Eléctrico de San Salvador, S.A. de C.V., Empresa Eléctrica de Oriente, S.A. de C.V., AES-Clesa y Compañía, S. en C. de C.V. and Distribuidora Eléctrica de Usulután, S.A. de C.V...

Morgan & Morgan Advised Construcciones Hospitalarias, S.A., an Affiliate of FCC, in the Financing for the Construction of the Ciudad Hospitalaria Project
Morgan & Morgan, April 2013
Panama

Morgan & Morgan acted as counsel to Construcciones Hospitalarias, S.A., an affiliate of de Construcciones y Contratas, S.A. (FCC), as assignor, in a US$250 million Master Framework Assignment and Revolving Limited Recourse Receivables Agreement (the “Master Framework Agreement”) for HSBC Bank (Panama), S.A. (“HSBC”), which acted as assignee and administrative agent...

Morgan & Morgan Receives Recognition from Latin Lawyer and The Vance Center
Morgan & Morgan, March 2013
Panama

It is with great pride that we share the recognition given to us by the British publication Latin Lawyer and the Cyrus Vance Center of New York as "Leading Lights" in the Latin American region, thanks to our Pro Bono program...

Morgan & Morgan Advises HSBC Investment in USD 500 Million Bond Issuance
Morgan & Morgan, January 2013
Panama

Morgan & Morgan acted as Panamanian counsel to the local guarantee trustee, HSBC Investment Corporation (Panama), S.A., as holder of the local security guaranteeing the issue by Global Bank Corporation’s USD 500 million covered bond program...

Morgan & Morgan Celebrates 90th Anniversary
Morgan & Morgan, January 2013
Panama

After 90 years with a successful track record and commitment to its customers, employees, and community, Morgan & Morgan celebrates on 2013 an important anniversary. The beginnings of the Morgan & Morgan Group date back to 1923, when Dr. Eduardo Morgan Alvarez received his law certificate, issued by the Supreme Court of Panama and began practicing law in the city of David, Chiriquí. In 1945, Dr...

Morgan & Morgan Advises Wells Fargo in a USD $100 Million Securitization and Acquisition of DPRs
Morgan & Morgan, December 2012
Panama

Morgan & Morgan advised Wells Fargo Bank, National Association (Wells Fargo), in their role as investor in a new diversified payment rights program, comprising of the securitization of future funds flows as represented by payment orders (called Diversified Payment Rights or DPRs) for the amount of USD $100 million, to be established by Banco General, S.A. in the Republic of Panama...

Morgan & Morgan advise in US$647 million acquisition of toll road concession
Morgan & Morgan, October 2012
Panama

Panamanian law firm Morgan & Morgan represented the Ministry of Economy and Finance, Empresa Nacional de Autopista, S.A. (ENA), and ENA Norte, S.A. (an affiliate of ENA), in the acquisition of the Corredor Norte, a toll road concession in the Republic of Panama...

 

 


WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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