The Panama Papers & The Tempo of International Corruption Cases
On August 8, 2024, the government of the Republic of Panama (“ROP”) gave notice that it would soon publish a request for expressions of interest for the purpose of obtaining a short list of qualified international companies...more
A consortium that was on the losing side of a $238-million arbitration over the construction of the third set of locks for the Panama Canal is asking the United States Supreme Court to review a circuit court opinion that...more
Se publicó el 15 de enero de 2024, en la Gaceta Oficial de la República de Panamá, la Resolución No. MIPRE-2024-0001384 "Que recomienda adoptar medidas para la contratación de potencia y/o energía para garantizar, en el largo...more
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER PANAMANIAN LAW - 1) Once you find a real estate property that you want to acquire by yourself or through a local real estate broker, it is strongly recommendable to hire a local...more
The following paper aims to succinctly address the question "Are employees entitled to paid leave due to Covid-19?" This guide offers an overview of legal aspects of paid leave in the requisite jurisdictions.... ...This...more
DOJ announced the arrest of two individuals, Luis Martinelli Linares and Ricardo Martinelli Linares, who are the sons of the former President of Panama, Ricardo Martinelli) for their role in funneling $28 million in bribes to...more
El Gobierno de Panamá por medio del Decreto 343 del 7 de julio de 2020 del Ministerio de Economía y Finanzas, incluyó a Colombia dentro de la lista de jurisdicciones que recibirán información tributaria de manera automática...more
ARGENTINA - A. Are employer mandatory screenings and medical evaluations enforceable in your jurisdiction? The rule is that employers cannot require employees to submit to mandatory screenings and medical evaluations,...more
We provide a summary of the legal landscape concerning reductions in force in the following jurisdictions: Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, Mexico, Panama, Peru, Puerto Rico, and Uruguay. ...more
El Ministro de Economía y Finanzas de Panamá declaró el 9 de marzo de 2020 que llegó a un acuerdo para el intercambio automático de información financiera con Colombia. El acuerdo entrará en vigencia en septiembre de 2020 y...more
Effects of Declaration of December 20, 2019, as a National Mourning Day - New Order or Decree - On December 28, 2019, President Laurentino Cortizo and his Cabinet declared December 20, 2019, as a National Mourning Day,...more
The dispute involved an arbitration related to alleged medical malpractice by doctors selected by Carnival Cruise Lines to treat a wrist injury of a Serbian employee of Carnival. The employee’s employment agreement with...more
On November 12, 2019, FinCEN issued its latest Advisory on the Financial Action Task Force-Identified Jurisdictions with Anti-Money Laundering and Combatting the Financing of Terrorism Deficiencies and Relevant Actions by the...more
On September 2, 2019, the Ministry of Labor issued resolution No. DM-402-19, published the following day on the official government publication, which enables individuals to comply with various filing requirements under the...more
Costa Rica | Additional Provisions of the Tax Plan Enforceable as of July 1, 2019 - New Legislation Enacted - On July 1, 2019, additional provisions of Law No. 9635, commonly known as the “Fiscal Reform,” came into...more
On March 18, 2019, the Legislative Chamber amended the Law for the Promotion of the Social Equality of Women. This reform adds three new articles to the law, to strengthen the legal requirement for all employers to pay men...more
Types of Business Entities - The main types of Business Entities in the Republic of Panama are the Corporations (Sociedad Anónima) and the Private Interest Foundations (Fundación de Interés Privado). Limited Liability...more
On 13 November 2018 the UK Financial Conduct Authority (FCA) published its inaugural report analysing data gathered from over 2,000 firms - including all UK-based banks and building societies - in response to the FCA’s first...more
Costa Rica | General Strike by Public Sector Employees Paralyzes Services - Trend- As of September 10, 2018, several of the largest unions in Costa Rica have been in an indefinite strike, with no end in sight. ...more
Costa Rica: New Bill Proposes Paternity Leave - Proposed Bill or Initiative - In June 2018, the Legislative Chamber introduced a bill to establish paternity leave. Under this proposal, male employees would be entitled...more
Panama has adopted legislation renewing and expanding tax incentives and reimbursements for forestry activities in the country. Law No. 69 of October 30, 2017, creates an incentive program for forest cover and natural forest...more
El 14 de febrero de 2018 se aprobó la Ley 7 que prohíbe el acoso sexual, el hostigamiento, el racismo y las prácticas discriminatorias en todos los ámbitos, incluyendo el lugar de trabajo y las instituciones educativas. La...more
On February 14, 2018, Law 7, which prohibits sexual harassment, mobbing (bullying), racism and discriminatory practices in all environments, including the workplace and academia, took effect....more
Paternity leave is on the rise globally as cultural attitudes shift in favor of fathers taking a more active role in parenting. On May 24, 2017, the Republic of Panama became the latest member of a growing group of countries...more