Practice Area: Corporate / M&A
Industry: Pharmaceuticals
Jurisdictions: Panama, Mexico
Background
LOVILL advised a leading pharmaceutical group with a strong presence in the Mexican market and operations across Latin America in connection with the acquisition of a regional pharmaceutical business with activities in multiple jurisdictions, including Panama.
The transaction formed part of the client’s regional expansion strategy within the pharmaceutical sector and involved complex cross-border considerations, requiring coordinated legal advice across different jurisdictions.
Legal Challenge
LOVILL was engaged to provide Panama law advice in the acquisition, including conducting legal due diligence on the Panamanian operations and advising on corporate and structural matters related to the transaction.
The matter required close coordination with legal teams in other jurisdictions, as well as with the client and sellers, given that the parties involved were located in different countries. Ensuring alignment of the Panama aspects of the transaction with the overall deal structure was critical to the successful closing.
Legal Strategy and Execution
Alejandro Fung led the due diligence process for the Panama branch, identifying key legal, regulatory, and corporate issues relevant to the acquisition. In parallel, LOVILL advised the client on corporate matters related to the structure of its Panamanian operations.
During the closing phase of the transaction, LOVILL, through Alejandro Fung, acted as Panama lead counsel, providing comprehensive legal support for the acquisition of the Panama branch. This included:
- Advising on the Panama law implications of the transaction structure
- Providing guidance on closing mechanics and documentation
- Coordinating communications with sellers in connection with closing requirements
- Drafting and reviewing all Panama law documents required to be delivered at closing
LOVILL’s involvement was critical in navigating jurisdictional complexities and ensuring that the Panama aspects of the transaction were executed efficiently and in accordance with local legal requirements.
Outcome
- Successful closing of the acquisition of the Panama branch
- Seamless coordination with cross-border legal teams
- Full compliance with Panama corporate and regulatory requirements
- Effective integration of the Panamanian operations into the client’s regional structure
This transaction highlights LOVILL’s experience acting as Panama counsel in complex cross-border M&A transactions, combining technical corporate expertise with practical execution and close coordination across jurisdictions to support high-value acquisitions in regulated industries.
Lead partner: Alejandro Fung Mangravita
