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Latin America Guide
Firm Profile

Patton Moreno & Asvat

Firm Profile

Panama City

  • Profile
  • 8th floor, Capital Plaza Building
  • Roberto Motta Ave
  • Costa del Este
  • Panama City
  • Panama
  • Panama
  • 0819-05911

Firm profile submitted by Patton Moreno & Asvat

Patton, Moreno & Asvat has 35 years of experience in providing legal services to both local and international clients. Patton, Moreno & Asvat is comprised of 26 attorneys and more than 100 employees. The firm’s legal team has successfully achieved graduate, post graduate, masters and doctorate degrees in well recognised universities such as Duke University, Tulane University, Harvard University, Boston University, University of Pennsylvania, Cardiff University and Fordham University, among others. Patton, Moreno & Asvat’s areas of practice include Corporate, Maritime, Contracts and Commercial Transactions, Real Estate, Public Procurement, Telecommunications, Energy, M&A, Intellectual Property, Banking Law, Aeronautical Law, among others. Patton, Moreno & Asvat is characterised for being a firm that offers legal services of the highest quality and for truly committing to its clients around the world. The firm is dedicated to meeting customers’ needs and carrying out its goals and objectives.

■Advisors to Sun International in the merger transaction of Sun International’s Latin American portfolio (Monticello Grand Casino in Chile, Ocean Club Casino in Panama and the Sun Nao Casino in Colombia) with the casino and hotel portfolio of assets of Chilean-based leader in the gaming and entertainment industry, Dreams S.A., which resulted in the formation of the largest gaming company in Latin America, SUN DREAMS
■Advice to PSA Panama International Terminal, S.A. as Panamanian counsel in connection with the project financing for the expansion of its container terminal located at the Pacific entrance of the Panama Canal
■Advisors to Grupo Wisa, S.A., Westline Enterprises, Inc., affiliates and subsidiaries in the corporate restructuring process of Felix B. Maduro retail stores and Soho Mall project
■Advisors to the Panamanian subsidiary of Phoenix Tower International, a US based company in the wireless communication tower site business, assisting with the acquisition of sites in Panama and their financing
■Advisors to International Finance Corporation (IFC) as Panamanian counsel in several loan and acquisition transactions involving Panamanian companies in the banking, renewable energy, and micro finance sectors
■Advice to Codere Group in a refinancing transaction involving its Panamanian subsidiaries and other group entities
■Advice to a Chinese engineering and construction consortium in the prequalification stage of the public bid for the Fourth Bridge over the Panama Canal
■Advice to PSA International in the prequalification stage of the bid for the Corozal port project announced by the Panama Canal Authority
■Panamanian legal advisors to an international bank in connection with the transactions contemplated under a senior multicurrency term and revolving facilities agreement pursuant to the bank among other lenders, agreed to make available a term loan and revolving facility to be used for general corporate and working capital purposes of the Group secured by, among others, ship mortgages over self-propelled jack-up vessels registered in Panama
■Advice to several foreign banks with financing matters related to Panamanian registered aircrafts; the firm assisted with the drafting, preparing and filing aircraft leases, mortgages and all required filings before the Civil Aeronautics Authority

LANGUAGES: English, French, German, Gujarati, Portuguese, Spanish

CLIENTS PSA Panama International Terminal, S.A., Codere Group, Cimolai, SpA, Deutsche Bank, Constructora San Jose, S.A., Cemex, Air Liquide, Element Power, International Finance Corporation, Zurich Insurance Company, Sun International, Grupo Vicini; Under Armour Inc and UA Panama, S. de R. L.; Huawei Technologies Panama, S.A. and Huawei Centro America y el Caribe, S.A.; Fastenal Panama, S.A. and Fastenal Latin America, S.A.; Peri Panama, Inc.; Johnson Controls Panama, S. de R. L.