Mr Ricardo Arias > Morgan & Morgan > Panama, Panama > Lawyer Profile

Morgan & Morgan

Work Department

Securities and Capital Markets, Banking and Finance, Mergers and Acquisitions



Ricardo Arias is a Partner in the corporate law department and co-heads the Securities and Capital Markets practice. Mr. Arias focuses primarily on complex securities transactions some involving cross-border components and usually involving dollar amounts in the millions.  He has worked on a broad range of public and private transactions for investment banks, financial institutions and companies in a number of industries, including energy, banking, real estate, education, private funds, gaming, automotive, aviation, among others.

Mr. Arias also regularly counsels on transactions related to banking, M&A and project finance. He has represented local and foreign lenders as well as local and foreign developer/borrowers in secured and unsecured financings and project financings.

He also specializes on setting up investment companies, including Real Estate Investment Funds (REITs); and is recognized for his participation in the first ever public offering of revolving Green Bonds issued in the Republic of Panama.

Representative clients include Banco La Hipotecaria, MMG Bank Corporation, Banistmo, Multibank, Hidroeléctrica Bajos del Totuma, Empresa Nacional de Energía (EMNADESA), Corporación Finanzas del País, S.A. (Panacredit), Electron Investment, Wells Fargo, Cirsa Gaming Corporation, Deutsche Bank AG, Avianca Holdings, Grupo Mercantil, Banisi, Inmobiliaria Nidaco, among others.

Mr. Arias has been recommended by Chambers & Partners as a leading lawyer in Capital Markets, an collaborate with publications in the securities sector.



Mr. Arias obtained an LL.B. from the School of Law of the Universidad Latina de Panama.

Lawyer Rankings

Panama > Capital markets

(Next Generation Partners)

Ricardo AriasMorgan & Morgan

The ‘dedicated, knowledgeable and flexible‘ team at Morgan & Morgan has a strong track record in public offerings, the constitution and registration of investment funds (especially real estate investment trusts), and securities regulation. The team acts for both issuers and underwriters, including major local and international companies and financial institutions. The highly experienced Francisco Arias leads the practice with Ricardo Arias, who has expertise in cross-border securities transactions. The team also includes the highly regarded Kharla Aizpurúa, Roberto Vidal, who has experience in public and private offerings, and senior associate Pablo Epifanio, whose work includes advising on public offerings and the structuring of real estate investment trusts.