Department profile
Patton Moreno & Asvat (PANAMA)

Shipping

Latin America Guide 2027 : Panama


Patton Moreno & Asvat (PANAMA)

Rankings

About

Provided by Patton Moreno & Asvat (PANAMA)

More than 40 years ago, Patton, Moreno & Asvat began its legal practice as a law firm primarily focused on Maritime Law and Commercial Law. Today, we are still leaders in maritime financing, maritime litigation and ship registration in the Republic of Panama, as a result of the continued trust of our clients and the high level of service rendered by our team of professionals.

Our experienced lawyers of the Maritime Department have a real and deep knowledge of the industry, and have an active participation within the major maritime associations, as the Panama Maritime Law Association (APADEMAR), in which our partner Belisario Porras was President (2015-2017), Maria de Lourdes Marengo (President 2009/2010), Maria Teresa Diaz (Secretary 1993-1994), and associate Joaquín De Obarrio (Board of Directors 2019-2020/2020-2021) thus contributing to the development of the sector. 

Our clientele include shipowners, charterers, shipyards, ports and port terminals owners, insurance companies, international banks and financial institutions, private equity investors, consortiums and other players of the maritime sector.

Patton, Moreno & Asvat provide a complete service in each of the areas of the legal maritime industry:

  • Ship Registry and Finance
  • Ship Mortgages
  • Maritime Litigation
  • Arrest of Vessels
  • Licences to Operate in Panamanian Waters & Ports

Industries (6)

  • Financial
  • Insurance
  • Banks
  • Construction
  • Transportation
  • P&I Clubs

Chambers Review

Provided by Chambers

Shipping - Panama

Band 1

Band 1


What the Team is Known For

Patton Moreno & Asvat's outstanding maritime practice group is frequently sought out by international co-counsel to act on cross-border ship financing mandates in Panama. Its highly regarded team advises a who's who of financial entities on a range of sophisticated lending transactions, such as cross-collateral secured loans, in addition to assisting with debt restructuring matters. The department also provides counsel to drilling and insurance clients. The firm's expertise extends to vessel title and mortgage registration. The department's clients also benefit from a dedicated London office.

Strengths

Provided by Chambers

  • The Patton Moreno & Asvat team are hands-on, efficient and pragmatic, with excellent legal expertise in the maritime sector. The firm provides prompt responses and sound commercial advice, and is widely recognised in Panama.

    Shipping respondentLatin America
  • Patton Moreno & Asvat is our preferred choice for matters involving shipping finance and Panama-flagged vessels or companies. The team are responsive, professional and pragmatic, provide practical solutions and understand the business needs of our clients.

    Shipping respondentLatin America

Notable Practitioners

Provided by Chambers

  • Band 2Belisario J Porras
    Band 2Belisario J Porras

    Belisario J Porras

    Established practitioner Belisario Porras comes highly recommended by market observers for his shipping practice in Panama.

    • Belisario Porras handles matters with exceptional care, expertise and professionalism. He is responsive, has deep legal knowledge across his practice areas and provides clear, strategic advice that reflects a thorough understanding of client needs.

      Shipping respondentLatin America
  • Band 2María Teresa Díaz G
    Band 2María Teresa Díaz G

    María Teresa Díaz G

    Noteworthy partner María Teresa Díaz continues to show significant prowess advising clients on ship financing mandates. She is also well versed in vessel registration, asset purchases and transfers of ownership.

    • María Teresa Díaz is a great shipping lawyer. She provides excellent client service and demonstrates a strong commercial understanding.

      Shipping respondentLatin America

Ranked Individuals at Patton Moreno & Asvat (PANAMA) (2)

Panama

Members

Provided by Patton Moreno & Asvat (PANAMA)

Patton Moreno & Asvat (PANAMA) has rankings in the following guides

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