Project finance in Panama is not regulated by any specific law, but rather by various laws and regulations, including the Civil Code, the Commercial Code, and Law No 129 of 31 December 2013 regarding chattel mortgages, among others. Typical Financing Sources and Structures for Project Financings The typical financing sources are banks and multilateral institutions. …
Alcogal celebrated Good Deeds Day by participating in a volunteer day at the Banco de Alimentos de Panamá, thus supporting organizations that work to improve the difficult conditions of people living in critical situations and contributing to the SDG 2, which aims to end hunger and all forms of malnutrition. Our group of volunteers worked …
Alcogal volunteers participated in Good Deeds Day Read More »
Alcogal is proud to support initiatives that promote an inclusive world with equal opportunities for people with intellectual disabilities. Our firm recently contributed with a donation for the organization Special Olympics Panama (OEP). Special Olympics Panama is an organization dedicated to providing Olympic-type sports training to people with intellectual disabilities, without age limit and free …
Alcogal lawyers are ranked in the Chambers Global 2022 edition of the leading providers of legal services in the international marketplace. Partners Carlos Cordero, Jorge F. Lee, Arturo Gerbaud, Eloy Alfaro B., Eduardo Gómez, and Rita de la Guardia were recognized as industry leaders globally and in the Panama market for the following practice areas: …
Alcogal Lawyers featured in Chambers Global 2022 directory Read More »
We are excited to share that Alcogal continues to grow and strengthen its practice areas. Our firm has incorporated four new Junior Associates into the team: Victoria Castro, Rafael Amar, Ana Gabriela Santiago, and Kimberly Guerra. Each of them will contribute to the following practice areas: Victoria Castro Tax Law Compliance and Anti-Money Laundering Rafael …
We are very pleased to announce that Chambers Global once again ranked our specialized legal assistance among the top in Panama in its latest ranking release. Alcogal was highly ranked in the following categories: Banking & Finance, Band 1 Dispute Resolution, Band 1 Corporate/M&A, Band 2 Additionally, a total of six of our experts received …
Alcogal achieves top rankings in Chambers Global 2022 rankings Read More »
LatinFinance celebrated on February 7 the “2021 Deals of the Year Awards,” where the Fourth Tocumen Airport Bond Offering transaction was recognized as Quasi-Sovereign Bond of the Year.” This was the largest transaction to have traded through the Latin American Stock Exchange (Latinex), except for transactions by the sovereign. LatinFinance’s Deals of the Year Awards …
Alcogal Transaction Recognized at LatinFinance 2021 “Deals of the Year Awards” Read More »
Reaffirming its firm commitment to support organizations that lead initiatives aimed at conserving the biodiversity and natural resources of Panama, Alcogal recently made a contribution to the National Association for the Conservation of Nature (ANCON), for the construction of its new headquarters. “We thank Alemán, Cordero, Galindo & Lee, for being part of the group …
Alcogal acted as legal counsel to G.B. Group Corporation (holding company of Global Bank Corporation) in (i) the exchange process of Series A and Series B cumulative preferred shares without voting rights of G.B. Group Corporation for Series C preferred shares of G.B. Group Corporation and (ii) issuance and placement of Serie C preferred shares …
There are no rules specifically establishing an out-of-court process for rescue or reorganization in the Republic of Panama, nor any voting requirements associated therewith. Debt-restructuring efforts between a debtor and its creditors will mostly be governed by general rules of contract and obligations, and the agreement of other creditors may not be imposed on an …
Company Rescue or Reorganization Procedures Outside of Insolvency Read More »
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