Morgan & Morgan is recognized as Pro Bono Leading Lights 2023.

Panama, December 1, 2023. For eleven consecutive years, Morgan & Morgan has received the “Leading Lights” recognition in Latin America for the firm´s Pro Bono program. In Panama, only Morgan & Morgan achieved this status, sharing honors with leading regional firms.

Guide to Governmental Procurement in Latin America.

Panama, December 18, 2023. The Republic of Panama promotes the participation of foreign companies in its public procurement market and encourages competition to ensure efficiency and quality in the execution of projects and the provision of goods and services.

WSG Tax Guide: Navigating Tax Law Policies in Latin America.

Panama, January 5, 2024. The World Services Group (WSG) Tax Group has published Navigating Tax Law Policies in Latin America, a country-by-country Guide that provides detailed insights, updates and trends on important laws and policies throughout the region.

New minimum wage rates

Executive Decree No. 1 of January 10th, 2024 The President of the Republic has issued the new Minimum Wage Decree that becomes effective as of January 16th, 2024, considering that a consensus was not reached in the Minimum Wage Commission, and it is up to the Executive Branch to set the new applicable rates.

Morgan & Morgan Legal advised Mercandú in a capital raising round to expand its e-commerce platform in the region.

Panama, January 8, 2024. Morgan & Morgan Legal acted as the Panamanian legal advisor for Mercandú, a startup based in El Salvador that operates the largest marketplace in the Central American region, offering over 500,000 products,

Morgan & Morgan Legal advised Rhenus in connection with the acquisition of certain Panamanian subsidiaries of BLU Logistics.

Panama, October 2, 2023. Morgan & Morgan Legal advised Rhenus, a leading global logistics specialist,

Morgan & Morgan Legal advised Orla Mining Ltd. and Minera Cerro Quema, S.A. in connection with a secured credit facility for an amount of up to US$200 million.

Panama, August 29, 2023. Morgan & Morgan Legal advised Orla Mining Ltd. (“Orla”), as borrower and Minera Cerro Quema, S.A.,

Morgan & Morgan Legal advised Cirsa Finance International S.à.r.l. in connection with the offering of senior secured notes for an amount of up to €700 million.

Panama, July 19, 2023. Morgan & Morgan Legal acted as Panamanian legal counsel to Cirsa Finance International S.à.r.l. (the “Issuer”),

Morgan & Morgan Legal advised ARTCAP LAC PRIVATE CREDIT SERVICES S.A. and Banistmo Investment Corporation S.A., in relation to a 10-year US$90 million senior secured loan granted to Banesco (Panamá), S.A.

Panama, July 17, 2023. Morgan & Morgan Legal represented (i) ARTCAP LAC PRIVATE CREDIT SERVICES S.A., an affiliate of ArtCap Strategies,

Morgan & Morgan Legal advised First Quantum Minerals Ltd. in connection with the offering and issuance of senior notes for an amount of US$1.3 Billion

Panama, May 30, 2023. Morgan & Morgan Legal advised First Quantum Minerals Ltd. (“FQM”) in the offering and issuance of its $1,300,000,000 aggregate principal amount of 8.625% senior notes due 2031 (the “Notes”).