The Legal 500

Panama

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Editorial

Legal market overview

Securely embedded in the word’s trade map, Panama’s economy continues to flourish. The country has experienced 10% economic growth since 2012, a development that has partially been nourished expansion of the tourism sector and continued growth of the real estate market. Among several other positive factors, the high level of foreign investments in infrastructure projects connected to the expansion of the Panama Canal is certainly a key driving factor behind Panama’s ongoing development. The country continues to attract an eclectic mix of international corporations, thereby shaping an economic landscape that is no longer primarily focused on the maritime sector, and which generates a constant flow of diverse instructions for a legal market in which the domestic law firms predominate. Key players include Alemán, Cordero, Galindo & Lee, Arias, Fábrega & Fábrega and Morgan & Morgan which traditionally feature strong maritime practices, but other full-service firms such as Galindo, Arias & López, have also easily adapted to the changing economic environment and offer sophisticated corporate finance, intellectual property and real estate advice to serve the growing number of international clients.

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    At the beginning of April 2015 Popov & Partners was admitted as a corporate member of the Bulgarian Water Association (BWA) . BWA is the largest organization in Bulgaria that combines all WSS operators, trade companies and business consultants with focus on the management of the water resources and the development of the water-supply services in the country. In international aspect BWA has parnership relations with European Water Association and International Water Association and other international water organizations, whose activity reflects directly over the development of the water sector in global aspect.
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    Schoenherr advised a consortium of owners of Pivovarna Laško, d.d. ("Laško"), Slovenia's leading brewery group, in the sale of their combined holdings of over 51% in Laško to Heineken International B.V., part of the Netherlands-based brewing group. The opening of final offers took place on 13 April 2015, with Heineken offering EUR 25.56 per share in Laško (translating into a total purchase price of approx. EUR 114 million for the 51.11% stake on sale). Following the selection of Heineken as best bidder, the respective share purchase agreement was signed in Ljubljana the same day. read more...
  • Popov & Partners admitted as a member of Bulgarian Water Association

    At the beginning of April 2015 Popov & Partners was admitted as a corporate member of the Bulgarian Water Association (BWA) . BWA is the largest organization in Bulgaria that combines all WSS operators, trade companies and business consultants with focus on the management of the water resources and the development of the water-supply services in the country. In international aspect BWA has parnership relations with European Water Association and International Water Association and other international water organizations, whose activity reflects directly over the development of the water sector in global aspect.
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    Leon Kopecký has joined Schoenherr, a leading full-service law firm in Central and Eastern Europe, as Counsel in March 2015. Mr Kopecký focuses on international commercial and investment arbitration, international litigation, and compliance matters. His clients are international firms in the construction, raw materials, infrastructure, finance, fashion and health care industries. He regularly advises clients on complex investment matters. read more...
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    Vienna, 16 January 2015. Business law firm Fellner Wratzfeld & Partners (fwp) advises UniCredit Bank Austria AG on the multi-stage structured sale of the real estate portfolio it holds via Immobilien Holding GmbH. read more...
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