This page contains a Flash digital edition of a book.
LEGAL SERVICES


Law firms significant to Panama’s growing economy


P


anamanian law firms have become a significant element of the country’s economy, contributing to the expansion of legal services and the maritime sector. Although they have been present since the early years of the opening of the Panama Canal, they have grown in respect, size and renown with the creation of the Panama Ship Registry in the 1920s [Law No. 8 of 1925 on Merchant Marine] and the enactment of Law 32 of 1927 that governs the organisation and management of corporations.


Since the 1970s, Panama’s largest law firms have been present in the main capitals of Europe, Asia and the US, offering services from maritime to corporate business enhancing the position of Panama as an important regional transhipment centre and home to the largest open ship registry in the world. For these reasons, maritime lawyers form a strong law community renowned worldwide for the excellence and variety of its services.


The Panama Maritime Law Association (PMLA, Asociacion Panamena de Derecho Maritimo, (www.apdm.org) was created at the end of the 1970s by a group of lawyers who specialised in maritime law. The association was instrumental in the design and improvements of both the existing maritime legislation and the ship registry, beginning a partnership with government authorities that has proved extremely beneficial along the years. Maritime lawyers have largely contributed to the


PANAMA MARITIME REVIEW 2011/12


development of Panama as a flag state through their participation in drafting some of the most important maritime legislations and through their contacts and travels abroad where they are recognised as experts of the trade.


The PMLA is a very pro-active


organisation due to the growing number of members and by its participation in a wide range of activities both on the international and domestic scenes. Every two years, the PMLA alternates with Panama’s Chamber of Shipping in organising the bi-annual conference- exhibition Panama Maritime World Conference & Exhibition. It will take the helm of the next Panama Maritime World


Conference and Exhibition that should take place in February 2013. Former PMLA president and lawyer Tomas Avila presides over the Organising Committee that is also considering other activities for 2014 related to the inauguration of the expanded Panama Canal.


Panama Maritime X- World Conference and Exhibition, held in February 2011, was an outstanding success with the largest ever participation of international companies, delegates attendance and top level conference speakers.


Every year, the PMLA renews its board of directors giving new lawyers the opportunity to participate actively in the organisation’s decisions. For the period


Patton, Moreno & Asvat offices based in Costa del Este, Panama City 81


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112