Transactional Profile

 

Some of the most relevant transactions in which Quijano & Associates has participated are:

  • Legal Representation for the third largest bank in Panama in the structuring and negotiation of a loan granted by an international bank in the sum of US$240 million dollars guaranteed by the discounts made to retirees of the Panamanian Social Security Fund, thus being an innovative structure to guarantee the payment of the obligations.
  • We advised an international investment fund for the structuring and registration of 500 million shares in the Superintendence of the Stock Market, and subsequent listing in the Panama Stock Exchange, being the second venture capital investment company in the Republic.
  • We advised a leading company in the development of residential, commercial and tourism projects in the incorporation, registration and listing of 21 million shares of a real estate investment company; and subsequent listing in the Panama Stock Exchange.
  • We advised a leading Ecuadorian company in the fishing sector, with more than 70 years of operations, in the registration of its common shares with the Superintendence of the Stock Market, and subsequent listing in the Panama Stock Exchange.
  • Legal Representation in the issuance of commercial negotiable securities for US$75 million dollars of one of the main international banks operating in the Republic of Panama.
  • Legal Representation to a private investment fund that acquired 100% of the Panamanian company owner of an exclusive North American chain of retail stores located in the United States, Canada, and Mexico.
  • Legal Representation for obtaining a seabed concession in the Bay of Panama (Punta Pacifica) for the construction of a marina, for a value of US$ 4.8 million dollars.
  • Legal Representation for obtaining a concession of a total area of seabed and seashore in the area of Río Alejandro, District Subdivision of Puerto Pilon, Province of Colon, for the construction of two maritime terminals for the berthing and mooring of motorboats for the unloading of bulk liquids, as well as LNG and/or LPG, Bunker, and HFO gases, which shall be transported to the infrastructure of a thermoelectric power plant built in the adjacent land area to supply the local energy demand, for a total investment of more than US$81 million dollars.
  • Legal Representation for obtaining a seabed usufruct concession for the construction, administration, and operation of a private marina, which includes the construction of a breakwater, dock and slips for yachts up to 220 feet, located in the Coastway sector of Amador, for a value of more than US$ 30 million dollars. 
  • Legal Representation for obtaining a concession for the use of seabed and land area in the sector of Vacamonte, for the construction of a port for the loading and unloading of materials and merchandise in general and loose cargo that needs to be transported in the Gulf of Panama, to enhance the development of the Fishing Port of Vacamonte and to generate jobs for the locals; project valued at US$ 275,250. 
  • In a transaction of more than US$ 32 million dollars, and in full compliance with the Superintendence of the Stock Market of the Republic of Panama, we provided Legal Representation to the fund that acquired the company that owns the newest shopping mall located in the most prestigious commercial district of Panama.  The acquired company is an issuer of corporate bonds (Series A and B) whose issuance is regulated by the Superintendence of the Securities Market of Panama, so prior notifications had to be made to all bondholders and the regulatory body.  In addition, the acquired company has more than 40 lease agreements in force with some of the commercial premises within the shopping mall.
  • Advising the law firm representing an exclusive clothing chain in the acquisition of the company that owns the two Panamanian companies that own the entire operating structure of said chain in Panama, Colombia, Costa Rica, El Salvador, Guatemala, Ecuador, Chile, Peru, and the Dominican Republic, which consists of 12 companies in 9 jurisdictions and 26 retail stores, a transaction valued at more than US$ 90 million.
  • Legal Representation to the largest private education organization in the Republic of Panama, in the acquisition of 50% of the quotas of the limited liability company that owns a mixed-use land that will be used for the construction of a university campus in Panama (including – in addition to the campus – student housing, commercial premises, hospital, parking lots and other complementary uses), with an estimated final investment of US$100 million; as well as in the acquisition of 3,000 square meters of a business complex located in Costa del Este, one of the most prestigious commercial and residential areas of Panama, for the development of a higher education center inside the commercial center.
  • Legal Representation in connection with the sale of shares of the holding company of an important beverage company in Panama, in addition to the sale of shares of the bottling company, totaling US $ 6.4 million dollars.
  • Legal Representation to the Inter-American Investment Corporation (IIC) on the due diligence and legal structuring of the following transactions in Panama:
  • US$10 million-dollar loan agreement with a bank licensed in the Republic of Panama to provide credit facilities to small and medium-size enterprises (SMEs) in Panama.
  • US$6 million-dollar loan agreement with a prestigious Panamanian bank to finance small and medium-size enterprises (SMEs) in Panama through leasing and factoring operations, working capital financing, and housing for Panamanian citizens.
  • US$10 million-dollar loan agreement with an international bank located in Panama to provide credit facilities to small and medium-size enterprises (SMEs) in Panama.
  • Advised a prestigious Panamanian bank in the structuring of a private issuance of corporate bonds to provide financing to a leading business group in the field of outdoor advertising for the acquisition of a regional company in Central America.
  • Led the structuring of a private equity investment fund that invests in energy companies in Colombia and other South American countries.
  • Advised in the acquisition process by a leading European mobile emergency medical services group of a controlling interest in a business group operating in Panama through its subsidiary.
  • Advised in the structuring of a trust for the lease of aircraft of a leading commercial airline in Colombia.
  • Led the corporate legal structuring and constitution of a trust related to the development of a real estate project with an approximate value of US$200 million dollars in which low-income housing will be built in Panama.
  • It was the legal representative for the issuance of Corporate Bonds of Inmobiliaria Cervelló, S.A., an entity that is part of the business group RIBA SMITH, for the amount of US$84.5 million dollars in two series, a Senior Secured Series and a Subordinated Series, and its registration with the Superintendence of the Stock Market, and its listing in the Panama Stock Exchange.
  • Advised in the process of sale of shares of a regional automotive group to an investment fund from Chile, a regional transaction for an approximate amount of US$10 million dollars.
  • Advised in the process of purchase of shares and financing of an international telecommunications group, regional transaction for approximately US$22 million dollars.
  • Provided Legal Advisory and representation to UNIVERSAL KNOWLEDGE SYSTEMS INC., GLOBAL EDUCATION SERVICES INC. and EXCELENCIA Y SUPERACION, S.A., in the process of acquisition of all the shares of Universidad Interamericana de Panamá S de RL., all of which included the contractual and corporate work and the administrative procedures before notification, request for prior verification and issuance of favorable concept to economic concentration before the Authority of Consumer Protection and Defense of Competition (ACODECO).
  • As legal advisors of the Panama Tourism Authority (ATP), we actively participated in highly complex projects in charge of such authority, such as the drafting of the project of Law, ruling, implementation, regulations and start-up of the Panama Tourism Promotion Fund (Fondo de Promoción Turística de Panamá), the reactivation of the works of Amador Convention Center that was required after the governmental transition of 2014 and 2015, as well as we provided legal assistance to the ATP in the Contracting of Integrated Services of Promotion, Advertising, Public Relations, International Marketing of Panama as a destination and other issues related to Public Procurement.
  • Attention and Legal Representation to the Inter-American Development Bank (IDB) and the National Customs Authority throughout the process regarding the Amendments to the General Customs Law and the drafting of Cabinet Decree 12 of March 29, 2016 “Whereby complementary provisions to the Central American Uniform Customs Code and its Regulations are issued”.
  • As an advisory law firm for the Ministry of Commerce and Industries, we actively participated in the discussions and drafting of the project of Executive Decree regulating Law 76 of November 23, 2009 and Law 25 of May 23, 2017, which provided measures for the Promotion and Development of Industry and dictates other provisions.
  • We have extensive experience as legal advisors to private companies in matters of Public Procurement, for which we have participated as consultants and representatives of our clients in public acts of great relevance among which we can mention:
  • Biding for Project Number with Separate Evaluation No. 2016-0-09-0-99-LV-004736, for the Design and Construction of the Fourth Bridge over the Panama Canal.
  • Biding for Project No. 2015-2-66-0-08-LV-010572 for the Study, Design, Construction, Operation and Maintenance of the Water Treatment Plant of Gamboa, Province of Panama.
  • Biding for Project No. 2016-0-12-0-08-LV-020564, convened by the Ministry of Health, for the “Scope of works and terms of reference for the studies, preliminary project design for the execution of the designs and development of the final plans, technical specifications, construction, provision and installation of medical and non-medical equipment, fixed medical, medical and non-medical mobile equipment, office equipment, with training and development of skills of personnel, for the new headquarters of the Faculty of Medicine of the University of Panama.
  • Biding for Project No. 2017-0-09-0-08-LV-004889, for the “Design and Construction of the Rehabilitation and Expansion of Omar Torrijos Highway (Corozal-Red Tank-Via Centenario)”.
  • Public Tender No. 2018-2-80-0-08-08-LP-001910, for the contracting of the services “Preventive and Corrective Maintenance Services of the Fire Protection Systems of Line 1 of El Metro de Panama”.
  • Biding for Project Number with Separate Evaluation No. 2015-2-66-0-08-LV-010523 “Construction of the Sewage and Wastewater Treatment System of Chepo, Province of Panama.
  • Biding for Project No. 2017-0-04-0-03-LV-009437 Study, Design, Construction and Equipment of the New Penitentiary Complex of Colon. 
  • Tender No. 167456 Panama Canal Authority (ACP) Atlantic Training and Fitness Center.
  • Biding for Project No. 2016-0-12.0-02-LV-020565 “Study, Preliminary Project Design for the Execution of the Designs and Development of the Final Plans, Technical Specifications, Construction, Provision and Installation of Medical and Non-Medical Equipment, Fixed Medical Equipment, Hospital Office Equipment; includes, Personnel Training and Education, Preventive and Corrective Maintenance for three (3) years for the New Aquilino Tejeira Hospital, located in the Province of Cocle.
  • Study, Design and Construction of the Structural Rehabilitation Project of the Marine Section of Corredor Sur.
  • Biding for Project No. 2017-0-18-01-15-LV-036462 Study, Design and Repair of Rodman Pier #3, District Subdivision of Veracruz, District of Arraijan, Province of Panama Oeste.
  • Biding for Project No. 2019-2-03-0-08-LV-007549, for the Operation and Maintenance of the Panama Cruise Terminal, in Isla Perico, Panama.
  • Our Litigation and Arbitration Department has represented a multiplicity of clients in national and international administrative and judicial cases, both in the Municipal, Circuit, Superior Courts and in the four (4) courtrooms that integrate the Supreme Court of Justice, for which we have a team of experts in the matters that are within the competence of each of the Courtrooms.