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It is not customary for a bidder in Panama to build a stake in the target prior to launching an offer. Material Shareholding Disclosure Threshold As a general rule, there are no material shareholding disclosure schedules. However, in the case of regulated entities, in general terms, material shareholding disclosure thresholds and filing obligations are triggered

We are proud to be listed once again in the latest edition of Who’s Who Legal. Who’s Who Legal has honored nine of our firm´s partners for their outstanding work on Administrative & Public Law; Private Client; Corporate; Banking, Finance & Projects; Dispute Resolution; Real Estate & Construction; and Data, Telecom & Media.  For 26

IFLR has shortlisted Alemán, Cordero, Galindo & Lee for the Panama “National Law Firm of the Year” award in the IFLR Americas Awards 2022. We are thrilled for this recognition and very proud of our incredible team. A big thank you to our clients & partners for their continued and invaluable trust. Winners will be

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 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:

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

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

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

There are two types of insolvency proceedings contemplated under the Law of Insolvency Proceedings: liquidation and reorganization. Liquidation Under the insolvency proceeding of liquidation, the right of creditors to engage individually in enforcement actions is suspended. Creditors with a pledge, mortgage, or other real security right, however, may continue enforcement actions individually or opt to