
Morgan & Morgan fields a diverse capital markets practice that attracts particularly strong praise for its ‘excellent knowledge of the area of real estate investment trusts (SII)', frequently advising key players in the real estate industry on their conversion into SIIs, registration with the SMV and public offerings of shares. Also demonstrating strength in the mining and energy sectors, the team plays a prominent role in advising both issuers and underwriters on public bond offerings on Latinex (as well as international transactions) and is also active on the regulatory front. Ricardo Arias, the go-to adviser on SIIs, leads the team alongside Francisco Arias, who has extensive experience on both the transactional and regulatory side of capital markets matters. Other key names include Ana Carolina Castillo, a specialist in the energy sector, international associate Miguel Arias M., senior associate Alejandro Vasquez, and associate Arantxa Fernández.
L’éditorial du Legal 500
- Profil
Témoignages
Collectés indépendamment par l'équipe de recherche du Legal 500.
- 'The team is excellent! Ricardo Arias and Miguel Arias are able to resolve issues, to advise us in a professional matter, based on their judgement and in accordance with the law. They stand out for their professionalism, availability and friendliness.'
- 'The main thing is the degree of commitment, knowledge and support they offer with transactions. Ricardo Arias and Miguel Arias stand out for their availability and great knowledge of the securities market.'
- 'What makes this team of lawyers unique is their accessibility, even the senior partners. They always answer their cell phones, and they are able to attend meetings from one day to the next. In short, they are our best allies.'
- 'Our experience with Morgan & Morgan has been excellent. We have worked with them for many years on local capital markets issues and it has been to our complete satisfaction.'
- 'Ricardo Arias is an excellent lawyer, with extensive experience and an undisputed track record, good contacts and charisma when dealing with clients. He has incredible response times and is always very aware of the issues and follows up to promote the proper development and closure of the cases.'
- 'The team acted diligently and professionally, obtaining timely results. Their knowledge in the different areas greatly assists with the work being carried out, ensuring that clients know the different options and opportunities they have in the market. Their ability to execute the processes is also an important asset.'
- 'The Morgan & Morgan capital markets team is the best in Panama. In particular, they have excellent knowledge of the area of real estate investment trusts (SII). The lawyers not only know the law, but they also know the SII industry and have good connections with the securities regulator and the stock exchange.'
- 'The lawyers at Morgan & Morgan have good practical experience and stand out for their ability to recognise potential obstacles and bring any transaction to a close. Ricardo Arias is trustworthy and efficient. He is a great lawyer and person.'
Clients clés
- Ithaca Capital Partners
- Parque Eólico Toabré
- Green Tower Properties
- IFG Real Estate Investment Fund
- IFG Investment Opportunities Fund
- MMG Global Allocation Fund
- Luminova Pharma Alliance
- Francisco Marroquin University
- CAF - El Banco de Desarrollo de América Latina (previously Corporación Andina de Fomento)
- Cochez y Cía
Points forts
- Advised Francisco Marroquin University on the registration of a revolving programme of corporate bonds for up to $100m with the Superintendency of Capital Markets of Panama (SMV) and their listing on the Latin American Stock Exchange (Latinex).
- Advised Grupo Roble and other shareholders of Multiplaza, the largest mall in Panama, on the constitution of a Panamanian real estate investment trust (sociedad de inversión inmobiliaria) and its registration with the SMV and on the registration of its Class B shares with the SMV and Latinex.
- Advised First Quantum Minerals on the offering and issuance of $1.3bn aggregate principal amount of its 8.625% senior notes due 2031.
Avocats
Les grands avocats du marché
Avocats associés reconnus parmi les leaders du marché par leurs pairs et leurs clients, régulièrement présents dans les grands dossiers dans lesquels ils sont au premier plan.

Les grands avocats de demain
Jeunes associés disposant d’une reconnaissance montante sur le marché, jouant régulièrement un rôle clé dans des dossiers majeurs.
Meilleurs collaborateurs
Jeunes avocats collaborateurs ou counsels qui se distinguent régulièrement par leur présence dans des dossiers importants du marché, et qui sont identifiés par le marché comme de jeunes talents à suivre.
Responsable de la pratique
Francisco Arias; Ricardo Arias