Corporate/M&A
Latin America Guide 2025 : Panama
Band 1
About
Provided by Morgan & Morgan
Recent relevant transactional experience includes among others:
Advising Mercantil Holding Financiero Internacional, S.A. (MHFI) in the execution of a promissory share purchase agreement for the acquisition of the majority stake in Capital Bank, Inc.
Advising in the reacquisition and purchase of the majority stake of Supermercados Xtra, S.A.
Advising the companies Galores Refrigerados S.A., Galores Logística S.A., and Avner Perry Investments, S.A., in connection with the sale of Galores Group to Emergent Cold Latin America, Latin America’s newest temperature-controlled warehousing and logistics provider.
Advising Farmalisto in the purchase of the Mexican pharmacy GoFarma. With this acquisition, the company expanded in the Mexican market and Latin America.
Advising the minority shareholders of Capital Bank, Inc. with respect to the acquisition of the shares of a group of other shareholders of Capital Bank, representing a majority stake in Capital Bank, its subsidiaries and affiliates.
Advising Avianca and its subsidiaries, in connection with its financial and corporate restructuring process, implemented to emerge from Chapter 11 proceedings in the United States of America.
Advising China Telecom Americas, one of the world’s leading providers of integrated communications and information technology services, in contractual, regulatory, corporate, and commercial matters related to its operations in Panama.
Chambers Review
Morgan & Morgan handles a variety of transactional and day-to-day corporate matters in Panama. The team offers extensive experience structuring the acquisition and disposal of majority and minority equity stakes, advising on share purchase and shareholder agreements. The firm handles transactions of a multi-jurisdictional nature and also provides expert advice on a range of commercial contracts, such as licensing and distribution agreements.
Work Highlights
- Morgan & Morgan represented AES Latin America in the capitalization of Group Energy Gas Panama, and the subsequent sale of its ownership shares in the latter to AES Panama.
Strengths
Provided by Chambers
"Morgan & Morgan work with integrity, creativity, efficiency and commitment. They take a proactive, dynamic and concrete approach, pointing out risks and the mitigation and control possibilities."
"Morgan & Morgan's legal team are professional and knowledgeable. Their competence and attention to all details makes us feel comfortable during difficult negotiations, producing excellent results."
"Morgan & Morgan work with integrity, creativity, efficiency and commitment. They take a proactive, dynamic and concrete approach, pointing out risks and the mitigation and control possibilities."
"Morgan & Morgan's legal team are professional and knowledgeable. Their competence and attention to all details makes us feel comfortable during difficult negotiations, producing excellent results."
Notable Practitioners
Market-leading partner Francisco Arias plays a key role in the Panamanian corporate and financial arenas, boasting particular expertise advising on capital markets mandates. He is also well placed to assist clients with mergers, acquisitions and divestments.
"Francisco Arias has a great level of sophistication and commercial awareness. His guidance and prudent advice is very important in the success of our M&A experience. I would highly recommend him."
"Francisco Arias is a fantastic professional, we are really pleased to work with him on legal matters. He has a great success record and is always ready to offer excellent advice."
Noteworthy partner Inocencio Galindo is often found assisting shareholders with buyouts, as well as day-to-day commercial issues.
"Inocencio Galindo led very complex negotiations very well. He is creative, flexible, resolute and determined."
Dynamic partner Roberto Vidal continues to elicit strong praise from clients for his business acumen when it comes to M&A deals in Panama.
"Roberto Vidal is professional, diligent, smart, highly responsible and a great legal and corporate adviser."
Ranked Lawyers at
Morgan & Morgan
Panama
Members
Provided by Morgan & Morgan
Alejandro Vasquez
Arantxa Fernandez
Ariana Linares
Aristides Anguizola
Head of Department
Carlos Ernesto Gonzalez Ramirez
Clarissa Vega
Katia Pallares
Maria Eugenia Brenes
Miguel Arias M.
Perla Piña
Clients
Provided by Morgan & Morgan
AON Benfied Mexico Intermediario de Seguros
Banco Davivienda
Banistmo
CIFI
China Telecom Americas
Cirsa Gaming Corporation
Constructora Urbana
EFG Capital
Electron Investment
Empresas Vicsons
Farmalisto
Galores Refrigerados
Gaming & Services de Panama
Grupo Codere
Grupo Eleta
Grupo Mercantil
Inter-American Development Bank (IDB)
Lombard Odier
Marsh Semusa
Mercantil Servicios Financieros Intl.
Minera Panamá
Motores Japoneses (Suzuki)
Panama Ports Company
Supermercados Xtra
The AES Corporation
The International Business Machines Corporation (IBM)
Industries
Provided by Morgan & Morgan
Banks
Commercial and Professional Services
Construction and Materials
Consumer Product Manufacturing
Education
Energy
Financial Services
Food and Drink Producers
Government
Healthcare
Industrial Engineering
Insurance
Media
Mining and Metals
Private Clients
Real Estate
Retail
Software
Technology
Telecommunications
Transportation
Travel and Leisure
Utilities