Icaza, González-Ruiz & Alemán recently provided legal advice in the negotiation of the Panama Metro Line 3 project contract on behalf of the HPH Joint Venture consortium formed by Hyundai Engineering & Construction Co., Posco Engineering & Construction Co., Ltd., and Hyundai Engineering Co., Ltd.
Our partner Ana Graciela Medina was in charge of this matter.
Recent Transaction
Icaza, González-Ruiz & Alemán provided legal advice to the Metro of Panama S. A, in two transactions that included the amendment of the corresponding regulations and the refinancing and deferral of the payment date of no-objection certificates for the total sum of US$526 million, issued in relation to the implementation of the “Project of Design Engineering Services, Construction of Civil Works, Line Auxiliary Facilities and Stations Installations, Supply and Installation of the Integrated Railway System which includes the Rolling stock and Commissioning of Line Two (2) of the Panama Metro.
The team in charge of this transaction was composed of Gabriel González-Ruiz, Alfredo Fonseca and Adolfo González-Ruiz.