PATTON MORENO & ASVAT
 
Click here to see the
Business Letters
Getting the Deal Through – Loans & Secured Financing 2016 with contributions from Ms. Ivette Martinez. Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through: Loans & Secured Financing 2016, (published in August 2015; contributing editor: George E Zobitz, Cravath, Swaine & Moore LLP) For further information please visit Click Here
Tax Regulations in Panama: The Place to invest in the Americas by Elias Solis Gonzalez. This article appeared in the Lawyer Issue Magazine 2015 Click Here
The International Comparative Legal Guide to Shipping Law 2015 with contributions from Ms. Khatiya Asvat and Ms. Nadya Price

"This article appeared in the 2015 edition of The International Comparative Legal Guide to: Shipping Law; published by Global Legal Group Ltd
(http://www.glgroup.co.uk/), London.” (please hyperlink www.iclg.co.uk)
Getting the Deal Through - Aviation Finance and Leasing 2015 with contributions from Ms. María de Lourdes Marengo.

Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through: Aviation Finance & Leasing 2015, (published in June 2015; contributing editor: Mark Bisset, Clyde & Co LLP). For further information please visit
www.gettingthedealthrough.com
Adding new talents

Ensuring our firm’s commitment for continued growth, we are pleased to announce the addition of new associates and assistant attorneys to strengthen our legal team to guarantee our customers an efficient and timely service.

We welcome Demetrio Rodriguez, Harry Aswani, Jorge Ventre and Michele Hibbert, who with their talent, experience and dedication will join the legal teams in the Practice Areas of Administrative Law, Commercial Law, Immigration and Labor Law, Real Estate and Corporate Law, among others.
This article appeared in the 2014 edition of The International Comparative Legal Guide to: Shipping Law; published by Global Legal Group Ltd, London (http://www.glgroup.co.uk/)
Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through – Aviation Finance & Leasing 2014, (published in June 2014; contributing editor: Mark Bisset, Clyde & Co LLP) For further information please visit www.GettingTheDealThrough.com
This article appeared in the 2014 edition of The International Comparative Legal Guide.
New Law To Regulate Spin-Offs As Corporate Reorganization Scheme.
Securities Update: Regulation Of Forex Activities In Panama
Securities Update: Recognized Jurisdictions
Solar Energy Article
AMP Newsletter
This article was first published in Getting the Deal Through – Restructuring & Insolvency 2013, (published in November 2012; contributing editor: Bruce Leonard of Cassels Brock & Blackwell LLP). Reproduced with permission from Law Business Research Ltd. For further information please visit www.GettingTheDealThrough.com
A Practical Insight to Cross-Border Securitisation in 41 Jurisdictions
Tax update: Law 31 of 2011
Panama Chapter RI 2011
PMA Tax Update - Ley 49 - 2009
Offshore Banking Regulations in Panama
Hedge Fund Admin. Roundtable
Article published in Global Property Guide
Panama’s New Limited Liability Corporation Law
Article was first published in Getting the Deal Through – Restructuring & Insolvency 2009
Newsletter Immigration Law
"This article appeared in the 3rd edition of The International Comparative Legal Guide to: Securitisation ; published by Global Legal Group Ltd, London www.iclg.co.uk"

Aeronautical Law

Aeronautical Law and Financing

Our Firm represents the Republic of Panama in the L2B Group, an international association of firms specializing in the aviation field.

In February 2004, María de Lourdes Marengo, partner and lawyer of the Firm participated as a speaker at the annual meeting of the L2B Group held in Miami, Florida. Mrs. Marengo, had the opportunity to expound on the actual status of the Aeronautical Law in the Republic of Panama and, at the same time, to update herself on the current developments in the aeronautical field in is field in america.

Mrs. Marengo is the author of the chapter specializing in the Panamanian jurisdiction, entitled “Aircraft Liens and Detention Rights” published by the renowned publishing house Sweet & Maxwell (last edition revised and updated in August of 2001).

Dr. Brett Patton, founding partner and lawyer of the Firm, is the author of the Chapter “Aircraft Finance: Registration, Security and Enforcement”, a worldwide consulted English publication also specializing in the Panamanian jurisdiction, published by Richard Hames and Graham McBain.

Facts on the Aeronautical Law in Panama:

  • Panama documents not have an open registry.

  • In order for an aircraft to be registered, it must operate from Panama.

  • Panama has 300 aircraft registered in the Civil Aeronautics Board.

  • Currently, Panamanian authorities assure that they are taking steps to recover the FAA’s Class 1 status.

  • In an effort to modernize and comply with standards, the Civil Aeronautics Board by Resolution No. 079-JD dated June 18th 2002, enacts books I, II, III, IV, V, VI, VII, VIII, IX, X, XI, XII, XIII, XIV, XV, XVI, XVII, XVIII and XIX of the Republic of Panama’s Civil Aviation Regulations.

  • By means of Law No. 31 dated June 19th 2002, the Republic of Panama enacts the Agreement for the Unification of Certain Rules for the International Air Transportation effected in Montreal on May 28th 1999.

Within the advisory services we offer to airlines and private entities involved in civil aviation, we can mention:

  • Aircraft Financing.
  • Aircraft Registration.
  • Registration of Mortgages on Aircraft or parts and Security Documents.
  • Aircraft Purchase/Sale Agreements.
  • Aircraft Leasing Agreements.
  • Counseling, management, approval and securing of operation permits, Exploitation Certificates of Commercial Aeronavigation Services for entities in diverse modalities (Transportation or Work Onboard), Operation Certificates for entities, fee schedules and general counseling in so far as transportation conditions, passengers, cargo and limits of responsibility, among others.
  • Handling of claims and commercial or civil disputes related to the matters herein listed by means of our litigation department.
  • Administrative Proceedings before the Civil Aeronautics General Bureau of the Republic of Panama.

Recent Cases:

  • Financing for the purchasing of aircrafts, in representation of Financial Institutions and sellers.
  • Aircraft repossessing proceedings for default in leasing contracts.
  • Counseling regarding the corporatization of Tocumen International Airport.

Initial Contact


MAIN OFFICES
Paseo Roberto Motta
Capital Plaza, Floor 8
Costa del Este, Panama
P.O. Box 0819-05911
Panama, Republic of Panama

Phone number:
(507) 306-9600
Fax numbers:
(507) 263-7887

E-mail:
info@pmalawyers.com
Disclaimer | Copyright | Privacy Statement | Contact | Services