Patton, Moreno & Asvat reaffirms its solid position as a leader among Panamanian law firms

Patton Moreno & Asvat is proud to announce that our Shipping and Corporate Departments have once again been ranked by the Chambers Latin America 2021 guide.

Chambers says

Shipping Department – BAND 1:

What the team is known for Outstanding maritime department frequently sought out by international co-counsel to act on cross-border ship financing mandates. 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. Also provides counsel to drilling and insurance clients. Expertise further extends to vessel title and mortgage registration. Clients benefit from a dedicated London office.

Strengths Commentators enthuse: "The firm offers a very seamless service. They are specialists in the shipping arena and their advice gives us the confidence that things will get done and that if there are roadblocks, they know how to clear them."

"The team is accessible, personable, helpful, and they are prompt and diligent with managing transactions," according to a client.

Corporate Department – BAND 3:

What the team is known for Solid corporate practice group servicing a diverse client portfolio, spanning the insurance, telecommunications and fashion spheres, along with construction and real estate. Regularly assists with the separation of corporate entities and operations, as well as cross-border M&A deals. Also well placed to advise on the management of trusts and private interest foundations.

Strengths A market commentator reports: "The firm always looks for a practical solution to issues, offer good response times and are very efficient in their work." They go on to add: "They have a professional and high-quality team with a broad knowledge of the market and a great commercial vision."

Notable practitioners

Belisario Porras "is an experienced lawyer with ample expertise, providing a high-quality service and advice," according to a market source. Another interviewee adds: "He is very efficient, knowledgeable and experienced in shipping registration mandates - he is fantastic." Porras advises on ship financing via loan facilities, as well as on vessel and mortgage registrations.

María Teresa Díaz offers financial entities and shipping clients a strong practice in this arena, assisting with vessel registration and the constitution of ship mortgages, as well as advising on asset purchases and transfers of ownership. An interviewee reports: "Her advice is clear, concise and to the point."

Up-and-coming individual Khatiya Asvat enters the rankings after eliciting ample praise from clients, for example describing her as "a corporate lawyer with a lot of experience." An interviewee adds: "She is intelligent, prompt, proactive and has a certain spark about her."

Chambers and Partners is widely recognized as the most comprehensive and reliable publication on research of law firms in the world. Chambers delivers insight and analysis on the global legal market that is unrivaled in its reach and depth.