Morgan & Morgan represented a leading insurance brokerage firm in Panama in its association with a private equity fund and another insurance brokerage firm in El Salvador. The resulting joint venture company and corporate governance documentation contemplated the continued operation of each insurance business in each jurisdiction and the addition of other jurisdictions, via acquisition or merger, which made the transaction particularly challenging from the documentation point of view. Partner Francisco Arias G. acted as lead counsel and was assisted by associate Ricardo Arias.