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.
Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2011. 261 pp.
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.