Icaza, González-Ruiz & Alemán

Firm Overview:

Icaza, González-Ruiz & Alemán is a leading law firm in Panama that offers comprehensive and tailored solutions for private wealth management. With over 100 years of experience and a global network of offices and correspondents, the firm provides expert advice on estate planning, trusts, foundations, asset protection, family governance, philanthropy, and succession matters.

The firm’s private wealth team of highly qualified and experienced lawyers works in close collaboration with Icaza Trust Corporation, its boutique trust company, to deliver highly specialised services that meet the needs and expectations of high-net-worth individuals and families. The firm works closely with clients to design and implement strategies that preserve and enhance their wealth, while ensuring compliance with local and international regulations.

Icaza Trust Corporation focuses on addressing the succession planning needs of high-net-worth individuals and the succession of family businesses. In addition to structuring and administering estate planning trusts and private interest foundations, the trust company is also highly regarded for its expertise in structuring and managing commercial and public trusts. It structures and administers commercial trusts to guarantee multi-million-dollar syndicated loans. In its capacity as trustee, it receives the assignment of various types of contracts and manages the funds received from these contracts in trust accounts, in order to execute the payment waterfall established under the trust deed. This generally includes the calculation, provisioning, and repayment of the guaranteed loans.

Moreover, the trust company manages several public trusts awarded through public tenders. One such trust worth highlighting is Fidemicro-Panamá, which operates as a second-tier bank. This means that, in its capacity as trustee, Icaza Trust Corporation provides funding to financial entities such as finance companies and cooperatives, enabling them to grant micro-loans. It also acts as trustee agent in transactions aimed at financing the construction of the Panama Metro Lines.

Whether clients require a simple solution or a complex structure, Icaza, González-Ruiz & Alemán can assist them in achieving their objectives.