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  • Morgan & Morgan is recognized for its Pro Bono program

    Content Types: ArticleRegions & Countries: PanamaServices: Legal
    Panama, July 3, 2018. For the sixth consecutive year, Morgan & Morgan has received the “Leading Lights” recognition in Latin America for the Pro Bono program that the firm executes.
  • Morgan & Morgan advised Cirsa Enterprises S.L.U. in connection with the offering of senior secured notes for an amount of up to €390,000,000

    Content Types: ArticleRegions & Countries: PanamaIndustries: Media & EntertainmentServices: Legal
    Panama, May 28, 2019. Morgan & Morgan acted as counsel to Cirsa Enterprises S.L.U. in connection with the offering of €390,000,000 4.750% senior secured notes due 2025, issued by Cirsa Finance International S.à.r.l., and to be guaranteed by the Cirsa Enterprises S.L.U. and, among others, Gaming & Services de Panama, S.A.
  • Panama/China: Longer Stay Under Multiple-Entry Visa

    Content Types: ArticleRegions & Countries: ChinaPanamaServices: Employment & Immigration
    Effective May 2, 2019, Panamanian nationals holding ordinary passports and an approved multiple-entry visa can stay in China for tourism and business for up to 90 days, and vice versa. A reciprocal agreement has extended the allowable stay period from 30 days under this type of entry in both countries.
  • April 26: World Intellectual Property Day

    Content Types: ArticleRegions & Countries: ChinaPanamaServices: LegalIntellectual Property
    In the year 2000, the United Nations General Assembly designated April 26 as World Intellectual Property Day. The purpose of this is to highlight the role that intellectual property rights play in encouraging innovation and creativity.
  • Securitizations in Panama-2019

    Content Types: ArticleRegions & Countries: PanamaServices: Legal
    As elsewhere, most securitisations carried out in Panama are structured in the following manner: a special purpose vehicle (SPV) is constituted by an originator that owns assets that it intends to securitise. The SPV performs an offering of securities (usually debt instruments such as bonds or notes) and uses the proceeds received from the offering to purchase the assets from the originator.
  • Morgan & Morgan advised IDB Invest in connection with a loan facility to Global Bank Corporation

    Content Types: ArticleRegions & Countries: PanamaUSAIndustries: Banking & Finance
    Morgan & Morgan advised IDB Invest, a worldwide financial institution with presence in Latin America and the Caribbean region, in connection with a loan facility granted to Global Bank Corporation for an amount of up to US$60,000,000.00 (with an option for further supplements).
  • Panama: New Law on Protection of Personal Data

    Content Types: ArticleRegions & Countries: PanamaIndustries: Information TechnologyServices: Legal
    With the enactment of Law No. 81 on Protection of Personal Data, the Republic of Panama aims to establish the principles, rights, obligations and procedures that regulate the protection of personal data, also considering their interrelation with private life and other rights and fundamental freedoms of citizens, by natural or legal persons, public or private law, lucrative or not, that process personal data in the terms provided in the Law.
  • Morgan & Morgan advised Farallon Nicaragua in the sale of its shrimp producing and supplying business to Cooke Inc.

    Content Types: ArticleRegions & Countries: PanamaIndustries: AgribusinessCommodities & Trade
    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 represented Electron Investment, S.A. in an arbitration process filed by Constructora Seli Panamá, S.A. before the International Chamber of Commerce

    Content Types: ArticleRegions & Countries: PanamaIndustries: Power/UtilitiesServices: LegalDispute Resolution
    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 advised Banco La Hipotecaria, S.A. in the registration and issuance of Mortgage Loans Notes for an amount of up to US$40 million

    Content Types: ArticleRegions & Countries: PanamaIndustries: Banking & Finance
    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.

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