Firm Profile > Patton, Moreno & Asvat > Panama, Panama

Patton, Moreno & Asvat
PO BOX 0819-05911, PANAMA

Shipping Tier 1

The only Panamanian firm to have an office in London, Patton, Moreno & Asvat is able to assist a wide range of international clients, particularly financial institutions and shipping companies, from across South America, the US, Europe and Asia. The team has extensive expertise in ship financing and naval mortgages, and in corporate matters for companies involved in maritime-related transactions in Panama. María Teresa Díaz and Belisario Porras lead the department; both are highly experienced in ship registry and financing and ship mortgages. Porras also has niche expertise in advising maritime financial entities in Greece. The firm also has an active maritime litigation practice, in which Khatiya Asvat and senior associate Joaquín de Obarrio are the key contacts. London-based Enrique Sibauste is also noted.

Key clients

Watson, Farley & Williams LLP


Ince & Co

Norton Rose Fulbright

National Bank of Greece


Stephenson Harwood

Allen & Overy

Davis Polk & Wardwell

Mayer Brown LLP

Pusan Pacific Law Office

Pinsent Mason LLP

Latham & Watkins

Offshore Tier 2

With offices in the UK, Uruguay, Belize, the BVI and the Bahamas, Patton, Moreno & Asvat is well positioned to advise international high-net-worth clients on wealth management, including asset protection and the establishment of trusts. The Panama office is particularly experienced in private client matters, including estate planning and tax and residency issues. It also advises on corporate structuring. The team includes managing partner Ebrahim Asvat, who has extensive tax experience; corporate and finance specialist María de Lourdes Marengo; and Gilberto Arosemena, who leads the international corporate services department and also has expertise in private client matters.

Banking and finance Tier 3

Patton, Moreno & Asvat is noted for its expertise in the aviation and shipping sectors, where it maintains a focus on aircraft and vessel financing. It also has experience advising national and international banks and financial institutions on regulatory compliance. The team includes managing partner Ebrahim Asvat, María de Lourdes Marengo, who has particular strength in aviation finance, and Nadya Price.

Corporate and M&A Tier 3

The maritime and aviation sectors are key areas of expertise for Patton, Moreno & Asvat, which advises on M&A, reorganisations, joint ventures and regulatory issues. It also assists with foreign investments and the operation of special economic regimes. María de Lourdes Marengo, who specialises in aviation law, leads the team; Khatiya Asvat and Nadya Price are also noted.

Dispute resolution Tier 4

Patton, Moreno & Asvat specialises in maritime litigation, but has expanded its practice to act on civil, commercial, administrative, constitutional and criminal matters. The internationally focused firm has particular experience in cross-border litigation and international arbitration. Khatiya Asvat heads the team, which also includes senior associates Joaquín de Obarrio, who specialises in shipping disputes, and Maximiliano Quintero, who handles civil, commercial and administrative litigation.

Practice head(s):


‘They work well as a team. They solve problems quickly and are knowledgeable, so we are sure we are getting the best responses and advice.’

‘Joaquin de Obarrio stands out for his efficiency, knowledge of the subject, speed and availability.’

With a strong international focus, Patton Moreno & Asvat was established in Panama in 1981. The firm is currently comprised of 15 attorneys and more  than 60 employees, and has been providing legal services of the highest quality to local and international clientele for 40 years.  Throughout our history, we have stood for commitment to quality and excellence in all aspects resulting in our firm and lawyers being recognized as a reference in core areas such as Maritime Law, Litigation & Arbitration, Mergers & Acquisitions, Corporate & Financial Law, Tax Law, amongst others.

Developing new business and commercial relationships in Latin America requires the services of an experienced law ­firm. Choosing a fi­rm that quickly responds to your needs, whether you are calling from Asia, Europe, Africa or America is fundamental to your success.  Our head of­fice is located at the heart of the business center of Costa del Este in Panama City. Our international offi­ces are based in London, Uruguay, BVI and Belize, strategically placed for meeting our clients’ needs and assisting them to carry out their goals and objectives.

Department Name Email Telephone
Corporate Law; Civil & Maritime Litigation; Arbitration; Tax; Private Wealth Ebrahim Asvat +507 3069600
Corporate & Financial; Mergers & Acquisitions; Aeronautical Law; Civil & Maritime Litigation; Tax; Private Wealth María de Lourdes Marengo +507 3069600
Maritime Law María Teresa Díaz +507 3069600
Maritime Law Belisario Porras +507 3069600
Mergers & Acquisitions; Telecommunications; Energy; Banking Law; Corporate Law Nadya Price +507 3069600
Contracts & Commercial Transactions; Public Procurement; Telecommunications; Energy; Banking Law; Civil and Maritime Litigation; Tax; Labour Law Khatiya Asvat +507 3069600
Private Wealth; Real Estate & Tourism; Immigration Gilberto Arosemena +507 3069600
Photo Name Position Profile
 Khatiya Asvat photo Khatiya Asvat Khatiya has more than a decade of experience, providing legal advice to…
 María Teresa Díaz  photo María Teresa Díaz Partner of Patton, Moreno & Asvat, she specializes in Commercial Law, Corporate…
 Joaquín De Obarrio  photo Joaquín De Obarrio Joaquín has more than a decade of experience within the legal sector,…
 Michele Hibbert  photo Michele Hibbert Michele Hibbert is currently appointed as Executive Director for the British Virgin…
 Belisario Porras photo Belisario Porras Partner of Patton, Moreno & Asvat, specializing in Maritime Law, Ship Finance,…
 Nadya Price photo Nadya Price Partner of Patton, Moreno & Asvat, she specializes in Corporate & Financial…
 Maximiliano Quintero photo Maximiliano Quintero He has been a member of our Litigation and Arbitration Department since…
 Lizette Salazar  photo Lizette Salazar Lizette currently Manages our Uruguay Office.
 Enrique Sibauste photo Enrique Sibauste Enrique has more than 18 years of experience in all types of…
 María de Lourdes Marengo  photo María de Lourdes Marengo Head of the Corporate and Finance Department, specializing in Corporate, Commercial, Aviation…
International Chamber of Commerce (ICC)
IBA (International Bar Association)
IFA (International Fiscal Association)
International Tax Planning Association (ITPA)
L2B Aviation
IAWA (International Aviation Womens Association)