Galindo, Arias & López acted as Panamanian counsel to Canadian Imperial Bank of Commerce (CIBC) in connection with the granting of a real estate mortgage and movable assets security by subsidiaries of Polaris Renewable Energy Inc., as collateral for a credit facility granted in Canada. The transaction also involved other Panamanian securities granted in favor of CIBC as part of the overall security package.

We worked alongside the international law firm Gowling WLG LLP (Canada) to align the local security documents and their registration in Panama.

Team: Diego Herrera (Partner); Raysa De Gracia and Joaquin Sosa (Associates).