Market: Panama

Treat stock options on a case-by-case basis, say speakers at Latin Lawyer Live

Stock options can be helpful incentives to keep workers committed, benefiting workers and companies alike, but whether or not these forms of compensation are part of an employee’s salary can be up for interpretation, heard delegates at Latin Lawyer Live 6th Annual Labour & Employment, which took place in October in Miami.

02 December 2019

A balancing act

Featured in Talent management 2019

Lawyers don’t tend to leave a career in private practice to go in-house for the money, instead they’re often after better equilibrium between their professional and personal lives. Nowadays, law firms are competing better with companies on the work–life balance they offer their associates, but how successful are their efforts?

28 November 2019

Making it count

Featured in Talent management 2019

Generation Y is often thought of as a tough nut for employers to crack, so it’s positive news for law firm managing partners that a good number of today’s associates have long-term ambitions at the firms they are in. But with so many lawyers having their heart set on becoming partner and only a certain number of spots available, how can firms maintain satisfaction levels among lawyers, whether they’re on the partnership track or not?

27 November 2019

What are law firms paying associates?

Featured in Talent management 2019

Fewer Latin American law firm associates feel positive about their salaries than they did a few years ago – and for good reason, as many pay packages are not rising above inflation. But despite meagre economic growth putting paid to increases, more associates rate their wages positively than negatively.

26 November 2019

Central Law forms collaboration agreement with Andersen

US professional services firm Andersen Global has signed a collaboration agreement with Central Law, giving it six bases in Central America and Panama.

22 November 2019

Multiple firms in Central American bank securitisation

Three Greenberg Traurig LLP offices, Alemán, Cordero, Galindo & Lee in Panama City and multiple offices of Central American law firm Consortium Legal have helped Panamanian bank BAC International (BIB) complete a securitisation of future receivables.

22 November 2019

Venezuela knocks out dual nationals' arbitration claim

A tribunal has declined jurisdiction over a US$370 million investment treaty claim against Venezuela after finding that the state had not consented to The United Nations Commission on International Trade Law (UNCITRAL) arbitration – also saying it would have rejected the case in any event because of the investors’ dual nationality.

18 November 2019

Panama’s Cable Onda taps market for US$600 million

Jones Day’s Miami office and Galindo, Arias & López have helped Panama’s largest telecoms provider, Cable Onda, issue bonds worth US$600 million on Luxembourg’s stock exchange.

14 November 2019

Striking the right balance

Many jurisdictions in Latin America still have nascent data privacy regulations, so it’s up to companies to create their own internal policies when it comes to protecting information. Panellists at LACCA’s regional meeting in Miami discussed how businesses should balance the tension between an employee’s right to privacy and the right of the employer to use workers’ data to boost productivity.

12 November 2019

Panama’s Aliado gets loan after buying counterpart

Skadden, Arps, Slate, Meagher & Flom LLP in New York and Arias, Fábrega & Fábrega in Panama City have helped a syndicate of US and Latin American banks arrange a US$130 million loan for Panamanian bank Aliado.

28 October 2019

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