Associate

Ana Carolina Ureña Adames

Contact

Tel: +507 2153215

Email: ana.urena@lovill.com

Industries

  • Commercial and Professional Services.
  • Banking and Finance.
  • Financial Services.
  • Private Clients/Individuals.
  • Energy Logistics and Distribution Retail.
  • Real Estate.
  • Construction and Infrastructure.
  • Telecommunications.
  • Non Profit.

Practice Areas

  • Corporate and Business Law.
  • Tax.
  • Global Wealth and Private Client.
  • Banking and Finance.
  • Compliance / AML Regulations.
  • Bankruptcy.

Education

  • Universidad Catolica Santa Maria la Antigua (Panama), LL.B. in Law and Political Science, 2009.
  • Universidad Latina (Panama), Postgraduate degree in Commercial Law, 2010.
  • IE Law School (Spain), LL.M. in Legal Counseling of Companies and Minor in Business Administration, 2012.
  • UNESCPA (Panama), Certificate of Taxes, 2017.
  • UCEMA (Argentina), Executive Program on Introduction of Estate Planning and International Taxation, 2020.

Languages

  • English.
  • Spanish.

Bar Admissions

Admitted to practice law in the Republic of Panama.

Ana Carolina Ureña Adames has been an associate of Lovill since 2016.

She has more than 10 years of experience advising local, international and multinational companies and foundations in areas of corporate law, tax law, special economic zones, corporate reorganizations, mergers and acquisitions, estate planning, banking law, securities, financing and guarantees, contracts and anti-money laundering prevention regime.

Ana Carolina holds an LLB in Law and Political Science from the Santa Maria La Antigua University (USMA) in Panama, holds a postgraduate degree in Commercial Law from the Universidad Latina of Panama, an LL.M. in Legal Counseling of Companies along with a minor in Business Administration, both from IE Law School in Madrid, Spain, a certificate in Taxes from UNESCPA and an executive education program on Introduction to Estate Planning and International Taxation at CEMA University, Argentina.

Ana Carolina is member of the Tax Law and Public Finance Commission of the National Bar Association of Panama, is a member of the WIN Committee of the International Fiscal Association (IFA)-Panama Chapter, member of the Panamanian Institute of Tax Professionals (Inspat), member of the Legislation and Tax Committee of the American Chamber of Commerce and Industries of Panama (AmCham Panama). She is also member of Axxion Lawyers Committee (network of professional women and entrepreneurs) and the IE Alumni Club-Chapter of Panama.

Ana Carolina is admitted to practice law in Panama since 2009.

Work highlights

Advised the Guarantor in a loan agreement granted to CrediQ Group companies by Overseas Private Investment Corporation (OPIC) for US$142.5 million and Citibank N.A., for US$11.8 million, for a total of US$154.3 million, to finance their customers in the acquisition of vehicles for small and medium-sized companies in El Salvador and Costa Rica.

Advised Grupo Almo, the largest logistics, security and mailing services company in Central America on the sale of two business units dedicated to the secure transportation of valuables in Central America to a Spanish company which expanded its presence to 20 countries and increased its workforce to approximately 60,000 employees after the acquisition.

Advised the borrower in a financing up to US$25 million granted by the largest non-bank financial institution on infrastructure and energy works investments in Latin America and the Caribbean.

Advised the Guarantors, energy and oil companies, in the constitution of bank guarantees for the sum of US$50 million.

Carried out the legal due diligence of a general license bank in Panama for potential acquisition of shares.

Split-off a Panamanian livestock business unit which optimized client’s structure from a fiscal and operative perspective.

Advised an Investment company on regulation about Common Reporting Standard (CRS). Advised local, international and multinational companies in anti-money laundering and Compliance policies, including training to executives, compliances officers and staff, implementation of due diligence processes, in order to comply with Law 23 regime adopted in Panama to prevent criminal acts related to money laundering, terrorism financing and ilegal weapon trading.

Advised a telecommunication company during the cease of operations in Panama, dissolution and liquidation of assets.

Articles and publications

“Latin America Corruption Survey 2020”, research led by the American firm Miller & Chevalier in collaboration with 14 leading law firms in the región, published in English, Spanish, and Portuguese, Miller & Chevalier Chartered, 2020.

“Tax Measures for 2020”, LinkedIn, 2020.

“School Expenses are Income Tax Deductible”, LinkedIn, 2020.

“Tax Fraud and Entry into Force of the Tax Procedure Code”, LinkedIn, 2019.

“New Fiscal Categories Applicable to Panamanian Companies”, LinkedIn, 2018.

“Regulation of Accounting Records for Offshore Companies”, LinkedIn, 2018.

Achievements

Mentioned as key figure in the banking and financial law practice area of the firm by Legal 500 (2019 y 2020).

LOVILL representative at the Chambers Diversity & Inclusion Awards: Latin America 2019, which LOVILL received the award for “Most Pioneering Firm for Gender Diversity”.

Memberships and network

Member of the Tax Law and Public Finance Commission of the National Bar Association of Panama.

Member of the WIN Committee of the International Fiscal Association (IFA) -Panama Chapter.

Member of the Panamanian Institute of Tax Professionals (Inspat).

Member of the Legislation and Tax Committee of the American Chamber of Commerce and Industries of Panama (AmCham Panama).

Axxion Lawyers Committee (network of professional women and entrepreneurs). Member of the IE Alumni Club-Chapter of Panama.

Courses and conferences

Speaker, Tax Treatment of Civil Companies and Professionals, Committe of Legal Affairs of the Panamanian Association of Business Executives (APEDE), 2020.

Speaker, Estate Planning and Succession: Legal and Financial Advise to Protect Your Patrimony, Lovill and Lafise, 2020.

Speaker, Reorganization as Legal Mechanism for Companies in Crisis and Bankruptcy Proceedings in Panama, LOVILL Webinars, Panama, 2020.

Speaker, Understanding the Limited Liability Entrepreneurship Companies, Panama 2020. Speaker, Fiscal Amnesty, Moratory and Improvements Declaration for Real Estate Industry, AmCham Panamá, Panama, 2020.

Speaker, Taxes for Entrepreneurs, CNEP, Panama, 2020. Speaker, Natural Person Income Tax Return, Panama, 2020.

Speaker, Tax Treatment of Civil Companies and Professionals, National Bar Association, Panama, 2020.

Speaker, Family and Sucession Planning in Crisis Moments, Lovill and FCWPC, Panama, 2020.

Speaker, Associations, NGO’s and Private Interest Foundations: What You Need To Know, Heroes for Panama, Panama, 2017.

Instructor, Seminar on Management of Law Firms, Law School of the Universidad Católica Santa María la Antigua (USMA), 2013.