This report was prepared by several respectable Panamanian attorneys who are devoted to the importance of the law in Panama and believe it is important to reveal how the blind ambition of a law firm is attempting to prevent the enforcement of the last will and testament of an American expatriate, who wishes to give $50.0 Million to benefit thousands of needy children in Panama.
While at the same time, with the backing of the same law firm, a well-known international bank that was determined to punish a customer who complained and reported the banks poor performance on the internet; was able to attach and completely freeze for 16 months so far, the bank accounts held in that bank by a Canadian expatriate, that are needed to finance that expatriates retirement in Panama. One of the acccounts was held by a Panamanian Charitable Foundation, supposedly sacrosanct under Panamanian law and its assets untouchable by legal process.
If the gift by the American expatriate to the poor children of Panama is prevented; $50.0 Million Dollars will go to one of Panamas elite and most powerful families. This gift is the largest legacy of charitable giving for this purpose in the history of the country.
THESE TWO CASES, PRESENTLY BEFORE THE PANAMA SUPREME COURT WILL ANSWER THE QUESTION AS TO WHETHER THE PANAMANIAN COURTS CAN PROTECT THE LEGAL RIGHTS OF THE FOREIGN INVESTOR AND THE EXPATRIATES WHO CHOOSE PANAMA AS THEIR SECOND COUNTRY. OR WILL THESE PERSONS SIMPLY BE THE VICTIMS OF PREY BY A SMALL GROUP OF UNSCRUPULOUS AND UNETHICAL ATTORNEYS, WHO HARM THE CREDIBILITY OF SUCH A NOBLE PROFESSION?
Download Full Report in English
Download Full Report in Spanish
Tuesday, August 28, 2007
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