News

Jorge Federico Lee is elected president of the Pan American Institute of Procedural Law

News /

Alcogal congratulates our partner, Jorge Federico Lee, who was elected president of the Pan American Institute of Procedural Law, at its general assembly held on August 8, 2019, on the eve of the XXIX Pan American Congress of Procedural Law held in Panama City. Mr. Lee is the first Panamanian and Central American to be

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International associate for Alcogal in Uruguay is elected director of STEP South America

News /

Dr. Jacqueline Schwartz, international associate for Alcogal in Uruguay, was recently elected director of STEP, Chapter of South America, for the period 2019-2021. STEP (Society of Trust and Estate Practitioners) is an international organization of professionals specializing in trusts and estate planning who aim to educate and promote the responsible management of assets across generations.

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The National Bar Association of Panama awarded Jorge Federico Lee with the Ricardo J. Alfaro medal

News /

The National Bar Association of Panama awarded our partner, Jorge Federico Lee, with the “Ricardo J. Alfaro” medal, in recognition of his notable civic and professional career in the practice of law. The award was presented in a solemn ceremony held on August 9, on the eve of Lawyer’s Day, at the Bar headquarters. In

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manufacturing

Alcogal advised Credit Suisse on a credit facility for AGP America S.A.

News, OP /

The banking, finance and capital markets team of Alcogal recently represented Credit Suisse and other lenders in connection with a credit facility of up to USD100 million for the German glass manufacturing company AGP America S.A. The loan is distributed in three tranches: Part A-1 of USD40 million dollars. Part A-2 of USD25 million dollars. Part

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Panama Immigration

Executive Decree No. 238 of June 10, 2019. Permanent Residents, the Permanent Residence Permit for Personnel of Multinational Company Headquarters.

News, OP /

This Panama immigration decree establishes that a foreigner who has worked in one or several multinational companies in Panama, may apply for the permanent resident permit, after 5 years have passed since the approval of the visa for headquarters staff of multinational companies. The 5 year period can be counted continuously or in intervals. Executive

Executive Decree No. 238 of June 10, 2019. Permanent Residents, the Permanent Residence Permit for Personnel of Multinational Company Headquarters. Read More »

Alcogal advised Banco Panamá in connection with its acquisition by Banco Aliado

News, OP /

Alcogal advised Banco Panamá in connection with its acquisition by Banco Aliado by way of a merger between Grupo Centenario de Inversiones, the owner of 100% of the shares of Banco Panama, with Allied Pacific, a subsidiary of Banco Aliado, with Allied Pacific being the resulting entity in a transaction that is worth USD210 million.

Alcogal advised Banco Panamá in connection with its acquisition by Banco Aliado Read More »