Alcogal

Alcogal participates in a volunteer day in support of the Panama Food Bank.

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.

Alcogal Represents GUPC in USD 184.9 Million Arbitration before the ACP

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 »

We advised Grupo Unidos por el Canal, S.A. in its USD3.1 billion successful bid to design and build the Third Set of Locks project of the Panama Canal Expansion Project

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, …

We advised Grupo Unidos por el Canal, S.A. in its USD3.1 billion successful bid to design and build the Third Set of Locks project of the Panama Canal Expansion Project Read More »