Market: Panama

Latin American airlines are down, but not out

Featured in Covid-19: reporting on a crisis

In the decade ahead of the 2017 Centre for Aviation (CAPA) summit in Colombia, Latin American airlines had tripled their flight seats on offer and the region was comfortably the world’s fastest growing for online reservations. At the summit, experts expressed optimism for the region’s aviation sector – but three years and a pandemic later, global airline revenues are forecast to lose a whopping US$315 billion.

29 April 2020

Covid-19 grounds Latin America’s tourism sector

Featured in Covid-19: reporting on a crisis

During what is usually high season for the industry, Latin Lawyer speaks to external counsel advising companies in Latin America’s tourism and hospitality sector, which has been hit hard by the covid-19 pandemic.

22 April 2020

Latin America's tourism sector grounded amid pandemic

Featured in Covid-19: managing in a crisis

During what is usually high season for the industry, LACCA finds out how legal teams in Latin America’s tourism and hospitality sector are coping with the covid-19 pandemic.

20 April 2020

Panama hit with second treaty claim over canal project

An Italian construction group has made good on a threatened US$2.2 billion International Centre for Settlement of Investment Disputes (ICSID) claim against Panama over its work expanding the Panama Canal – the second treaty claim filed over the project which has also given rise to International Chamber of Commerce (ICC) cases worth around US$6 billion.

07 April 2020

Looking for attention: hiring boutiques as external counsel

Featured in Who represents Latin America's biggest companies 2019?

LACCA’s research into "Who Represents Latin America's Biggest Companies" reveals that the region’s boutique firms often appeal to companies from highly regulated industries who are looking for specialised advice.

24 March 2020

Multiple firms in Avianca restructuring loan

Gómez-Pinzón in Bogotá, Panama’s Morgan & Morgan, Muñiz, Olaya, Meléndez, Castro, Ono & Herrera in Lima and Pérez Bustamante & Ponce in Quito have helped Colombian airline group Avianca obtain a US$250 million loan through its Panamanian holding company from US counterpart United Airlines and US investor Kingsland Holdings.

20 March 2020

Morgan & Morgan in first Panamanian fintech financing

Morgan & Morgan advised MMG Bank as collateral trustee in a loan to Panamanian fintech Adelantos Capital, marking the first ever financing to a local fintech company.

17 March 2020

Bank calls on Morgan & Morgan and Arias for Panama issuance

Morgan & Morgan in Panama City and Arias (El Salvador) have helped Panamanian bank La Hipotecaria issue notes for US$75 million.

09 March 2020

Chile’s SAAM invests in Colombian towage business

Colombia’s Brigard Urrutia has helped Chilean logistics company SAAM buy a majority stake in Colombian towage company Intertug.

04 March 2020

Spain’s Ecija continues LatAm expansion

Spanish law firm Ecija is growing its presence in Latin America by opening an office in Mexico and expanding its existing footprint in Panama by absorbing local outfits.

13 February 2020

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