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Panama: Alcogal advises BofA Securities, Inc., Citigroup Global Markets Inc. and Banco General, S.A.

20 August 2021 by Alemán Cordero Galindo & Lee

Alcogal advised BofA Securities, Inc., Citigroup Global Markets Inc. and Banco General, S.A., as initial purchasers in connection with a 144A/Reg S secured bond offering

News & Analysis

Panama: Alcogal assisted Citigroup, Credit Suisse, JP Morgan, and Santander

20 August 2021 by Alemán Cordero Galindo & Lee

Alcogal assisted Citigroup, Credit Suisse, JP Morgan, and Santander, as initial purchasers, on matters of Panamanian law

News & Analysis

European Securities and Markets Authority (ESMA) issues Public Statement encouraging better scrutiny of prospectuses relating to Special-Purpose Acquisition Companies (SPACs)

21 July 2021 by Elias Neocleous & Co LLC; Michael Pelosi, Senior legal Counsel; Ioannis Sidiropoulos, Associate

ESMA has recently issued a Public Statement to promote coordinated action by National Competent Authorities (NCAs) regarding the scrutiny of the disclosure included in prospectuses relating to Special-Purpose Acquisition Companies (SPACs), which are approved in accordance with Regulation (EU) 2017/11291 (Prospectus Regulation or PR).

News & Analysis

Alcogal acts as Panamanian counsel to Elektra Noreste

20 July 2021 by Alemán Cordero Galindo & Lee

Alcogal acted as Panamanian counsel to Elektra Noreste, S.A., (ENSA) in connection with its 4(a)(2) US$100 million corporate bonds issuance

News & Analysis

Walkers Professional Services Celebrates Milestone Anniversary in Ireland

14 July 2021 by Fiona de Lacy; Walkers

Walkers Professional Services Ireland ("WPSI") celebrates its fifth anniversary since being launched in 2016.

News & Analysis

South Africa: Always-on culture is no excuse to bend annual leave rules

03 June 2021 by Melissa Cogger, senior associate; Leila de Saude, associate; Bowman Gilfillan Inc

Flexibility reigns in the COVID-19-era of remote working, driving trends such as semigration where professionals can escape the big city for the coast or countryside without taking a pay cut. However, with this inherent flexibility comes the assumption that, since an employee’s workplace is conveniently situated wherever they are, they are easily able to work outside of what would in the past have been considered as office or working hours. Welcome to the always-on culture.

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Panama: Alcogal advised Sumitomo Mitsui Banking Corporation

14 April 2021 by Alemán Cordero Galindo & Lee

Alcogal advised Sumitomo Mitsui Banking Corporation, Citigroup Global Markets and JP Morgan Chase Bank, N.A., as arranger, as well as the creditors, on a loan to Global Bank Corporation for US$200 million.

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