Market: Panama

Canada’s First Quantum Minerals has filed an International Chamber of Commerce (ICC) claim against Panama after its copper mining concession was declared unconstitutional by the country’s Supreme Court – as two related investment treaty cases loom.

08 December 2023

Dentons Muñoz (Costa Rica) has helped Central American-focused travel agency Namu Travel secure a US$5 million credit facility to help support micro, small and medium-sized businesses (MSMEs) in the local tourism industry.

01 December 2023

Two Canadian mining investors have notified their intent to pursue International Centre for Settlement of Investment Disputes (ICSID) claims against Panama over a copper concession that has been disrupted by popular protests.

30 November 2023

Four Baker Botts LLP offices have advised telecoms company Liberty Latin America in its divestment of a portfolio of tower sites to US counterpart Phoenix Tower International, including operations in Panama, as well as its purchase of a set of spectrum assets in Puerto Rico.

17 November 2023

The Paris Court of Appeal has upheld a US$20 million International Centre for Settlement of Investment Disputes (ICSID) additional facility award won by Air Canada against Venezuela over earnings the state refused to convert from bolivars to US dollars.

26 October 2023

Arias, Fábrega & Fábrega in Panama City has helped Houston-headquartered engineering company McDermott International obtain a US$504 million credit facility to strengthen its global operations.

17 October 2023

Cassels Brock & Blackwell LLP in Toronto and Vancouver, Heiras Abogados in Chihuahua and Panamanian firm Morgan & Morgan have helped Canada’s Orla Mining refinance an existing US$150 million credit facility – amending it to US$200 million.

04 October 2023

Amid the proliferation of sustainable financings in Latin America, LACCA speaks to the legal team at Panama-based lender Corporación Interamericana para el Financiamiento de Infraestructura (CIFI) about the challenges and legal work behind their recent structuring of a US$300 million sustainable infrastructure debt fund.

28 September 2023

Central American firm Arias has appointed Vicente Lines as regional managing partner, with Armando Arias taking up the position of chairman.

14 September 2023

A Panamanian investor has filed an International Centre for Settlement of Investment Disputes (ICSID) claim against Honduras over its investment in a solar farm.

11 September 2023