Market: Panama

ARIFA in McDermott's Chapter 11 exit and subsidiary sale

Panama-incorporated oil and gas engineering powerhouse McDermott International has emerged from bankruptcy after the sale of its technology licensing subsidiary allowed it to pay off a US$2.81 billion debtor-in-possession (DIP) finance package. By Cristina Brooks

15 July 2020

M&A deals in Central America, Panama and the Dominican Republic: March-December 2019

Featured in Deal reports 2019

Below we present all M&A deals that were closed, signed or announced in Central America, Panama and the Dominican Republic between March and December 2019.

19 June 2020

Colombia’s Grupo Aval buys Panamanian financial group

Alemán, Cordero, Galindo & Lee has helped Colombian holding company Grupo Aval acquire Panama’s Multi Financial Group, including its subsidiary Multibank, in a deal worth over US$433 million.

19 June 2020

Biofuels investor brings arbitration claim against Panama

An Italian-owned company has filed an International Centre for Settlement of Investment Disputes (ICSID) claim against Panama after complaining that an arbitrary reduction in the price of ethanol led to the closure of its local biofuel facilities.

18 June 2020

Closed M&A deals multijurisdictional: March-December

Featured in Deal reports 2019

Latin Lawyer recorded 22 multijurisdictional M&A deals that closed in Latin America from March to December 2019. Counting the deals, of which the value was public, the combined deal value was US$2.5 billion.

15 June 2020

Argentina, Chile, Mexico, Panama and Uruguay equity capital markets report: July-December

Featured in Deal reports 2019

Latin Lawyer recorded 10 Latin American equity capital markets deals outside Brazil from July to December, with a total combined value of more than US$5 billion.

11 June 2020

Central America, Ecuador, Paraguay and Uruguay debt capital markets report: July-December

Featured in Deal reports 2019

Latin Lawyer recorded 11 debt capital markets deals in Central America, the Dominican Republic, Ecuador, Panama, Paraguay and Uruguay, with a total combined value of approximately US$7.1 billion.

26 May 2020

Could Central America benefit from a unified front against covid-19?

Featured in Covid-19: managing in a crisis

Governments in Central America – a region historically plagued by crime and social unrest – have produced varying responses to the covid-19 pandemic. But the region has banded together before to tackle natural disasters, immigration issues and violence – could it do the same against covid-19?

18 May 2020

Colombia’s Avianca looks to shed aircraft through Chapter 11

Colombian aviation group Avianca has filed for Chapter 11 protection in New York seeking to reduce its fleet in light of the covid-19 pandemic, in what is the second time it has turned to US bankruptcy courts since it became an early "bankruptcy tourist" almost two decades ago.

13 May 2020

Panamanian firms in cruise operator’s US$6 billion debt and equity tap

13 May 2020

Get unlimited access to all Latin Lawyer content