Full Description
Private foundations were incorporated into Panama's legal system as legal entities on 12 June 1995 by means of Law No. 25, la ley de Fundaciones de Interés Privada as a lex specialis. The law is virtually identical to former liberal Liechtenstein provisions governing family foundations, although new articles were added. The Switzerland foundation, in turn, served as a role model for Liechtenstein. In writing the book, the author aims to provide comprehensive information about Panamanian foundations and to compare them with their Liechtenstein counterparts from a legal perspective - with the aid of historical, systematic and grammatical interpretations.
Contents
Contents: Fundamental principles of the Panama foundation - Legal comparison with the Liechtenstein family foundation - Historical, systematical and grammatical Interpretation of the legal provisions - Practical models, drafts and samples in original Spanish language as well as the corresponding English translation.