On Saturday, September 16, 2023, the Alcogal volunteer team participated in a solidarity day to support the Panama Food Bank. During the activity, the volunteers helped weigh, inspect, sort, and pack products destined for the most needy communities in the country and got to know the admirable mission of this non-profit organization up close.
At Alcogal, we believe in making a tangible difference in our surroundings. We are proud to have actively participated in a reforestation day as part of the Metropolitan National Park’s program. Planting roots for a greener future is a goal we passionately share.
Alcogal continues to advise Grupo Unidos por el Canal (GUPC), a consortium formed by Sacyr S.A. (Spain), Salini-Impregilo S.p.A. (Italy) and Jan de Nul N.V. (Belgium), in an international arbitration against the Panama Canal Authority (ACP). The case arises from the Third Set of Locks construction contract. In May 2023, an arbitration award granted USD …
Alcogal Represents GUPC in USD 184.9 Million Arbitration before the ACP Read More »
At Alcogal, we prioritize our talent. That’s why, in recent days, we held our annual health fair where our employees had the opportunity to learn more about their health status and how to take care of themselves.
We served as local counsel for Grupo Unidos por el Canal, S.A. (as borrower) in the preparation, execution, delivery and consummation of the transactions contemplated by: the USD173.3 million celebrated among the Borrower, the Original Lenders party thereto, and Banco Santander S.A., as facility agent, the USD160 million facility agreement dated as of August 4, …
