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Patton, Moreno & Asvat
 
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Fax: +507 263 7887
Capital Plaza, Floor 8
Paseo Roberto Motta,
Costa del Este,
Panama City
0819-05911
Panama
Awards
By Gilberto Arosemena
Following international standards with respect to transparency in commercial activities, the government of Panama has passed Law No. 52 of 27 October 2016.
By Ivette Martínez S.
There are already a total of six special laws that promotes the investment in clean energy, with Law 38 of August 9th, 2016 being the most recent.
By Khatiya Asvat, Jorge Ventre, Harry Aswani
Panama's real estate market has been growing during the last 10 years due in part to an increase in the promotion of Panama as a tourism and retirement destination.
By Ivette Martínez S.
Panama banking center assets have grown by 35% in the last three years.
By Patton, Moreno & Asvat
Previously, the majority of their products destined for Central or South America had to move into Mexico or through Miami before being distributed.
By Maria De Lourdes Marengo
Also beginning February 2016, Turkish Airlines will be operating three weekly flights between Panama City and Istanbul, with a stop-over in Bogota.
By Patton, Moreno & Asvat
There will also be state-of-the art warehouses, a secure and uncongested access road and fast truck turnaround times.
By Ivette Martínez S., Khatiya Asvat
Panama Fruit began operations at its new storage and processing plant for pineapple and orange juice, located in the province of Cocle.
By Maria De Lourdes Marengo
Emirates Airline announced its plans to launch services to Panama City, beginning 1st February, 2016.
By Maria De Lourdes Marengo
Copa Airlines is adding flights from Tocumen International Airport to Villahermosa in Tabasco and Puebla. From August 3 the airline will fly four times a week to each of the Mexican cities.
By Patton, Moreno & Asvat
Foreigners that have remained outside of the national territory for more than six (6) years must file a new immigration request.
By Ivette Martínez S.
The market regulator of Panama has indefinitely suspended the license of the brokerage firm Clever Financial Investment Services, linked to Banco Universal.
By Maria De Lourdes Marengo
In related news, Air Costa Rica, which is actually a joint venture with Air Panama, successfully concluded the certification process to become an official air carrier earlier this month.
By Ivette Martínez S.
Several provisions are incorporated to our Commercial Code to allow the spin-off of companies as a form of reorganization.
By Ivette Martínez S.
The Superintendence of Banks has recently adopted Regulation No.2-2004 of December 29, 2004 for purposes of regulating the acquisition asset portfolio and/or assignment of deposits of a locally licensed bank by another banking institution.