Alemán, Cordero, Galindo & Lee - News

Panama Canal consortium ordered to pay

Panama Canal consortium ordered to pay

03 January 2019

An International Chamber of Commerce (ICC) tribunal has ordered the consortium working on a project to expand the Panama Canal to reimburse US$847 million in advances paid by the Panama Canal Authority – the second award in favour of the state entity in one of the numerous cases filed over the project. 

Multiple firms in Promerica's first US debt tap

05 December 2018

Panamanian bank group Promerica has hired Hunton Andrews Kurth LLP in Miami and Richmond and Alemán, Cordero, Galindo & Lee in Panama City as lead counsel for its first ever US issuance, worth US$200 million.

Debt taps outside Brazil and Mexico total US$8.2 billion in April and May

Debt taps outside Brazil and Mexico total US$8.2 billion in April and May

27 June 2018

Twenty-nine Latin American and 10 international firms helped Latin American companies outside of Brazil and Mexico issue debt worth US$8.2 billion in April and May, according to information gathered by Latin Lawyer.

Celsia refinances power plant buy in Costa Rica and Panama

21 February 2018

Alemán, Cordero, Galindo & Lee’s office in Panama City and BLP (Costa Rica) have helped Colombian renewables company Celsia issue bonds worth US$320 million through its Panamanian subsidiary Alternegy.

Six firms help Intercorp issue debut bonds on global market

25 October 2017

The New York, London and Washington DC offices of Shearman & Sterling LLP, Miranda & Amado Abogados in Lima and Arias, Alemán & Mora in Panama City have helped Peruvian holding company Intercorp Financial Services issue its first global bonds, in an offering worth US$300 million.

Banistmo completes first international debt offer

05 October 2017

Sullivan & Cromwell LLP’s Washington, DC, New York and London offices and Alemán, Cordero, Galindo & Lee in Panama City have helped Banistmo, the Panamanian arm of Colombia's Bancolombia, issue bonds worth US$500 million in its first international debt tap.

US glass maker gets multijurisdictional credit line

18 September 2017

Miranda & Amado Abogados in Lima and Dentons Cardenas & Cardenas in Bogotá have helped specialty glass producers American Glass Products (AGP) obtain an US$85 million loan from Credit Suisse.

Shearman, Milbank, ARIFA and Alemán Cordero in bond sale

17 August 2017

Panamanian financial provider Banco General Banco General has hired Shearman and Sterling LLP and Panamanian firm Arias, Fábrega & Fábrega for a US$550 million bond sale.

Panama Canal Authority wins first ICC case

Panama Canal Authority wins first ICC case

03 August 2017

A tribunal seated in Miami has dismissed a US$192 million claim against the Panama Canal Authority, one of multiple International Chamber of Commerce (ICC) cases relating to a project for the canal's expansion.

Mexican consortium buys US-sanctioned shopping centre in Panama

Mexican consortium buys US-sanctioned shopping centre in Panama

01 August 2017

Panamanian firms Anzola Robles & Asociados and Morgan & Morgan have helped a Mexican consortium purchase a distressed shopping centre complex for US$350 million, previously owned by US-blacklisted Panamanian tycoon Abdul Waked.