News and developments

Morgan & Morgan advised the shareholders of Clínica Hospital de David, S.A. in the sale of a major participation in the company to Grupesal Panama, Inc.

Morgan & Morgan served as legal advisors of the shareholders of Clínica Hospital de David, S.A. (“CHDD”) in the sale of a 55% stake in CHDD to Grupesal Panama, Inc. CHDD is the parent company Centro Médico Mae Lewis, a hospital in Chiriqui, Panama.

Morgan & Morgan also advised CHDD in the merger with Grupesal SPV, S.A., which was required for closing the transaction with Grupesal Panama, Inc. Furthermore, the closing of the transaction was guaranteed by means of an escrow agreement.

Partners Francisco Arias and Roberto Vidal, senior associate Alejandro Vásquez, an associate Katia Pallares, participated in this transaction.