Arias, Fábrega & Fábrega


Arias, Fábrega & Fábrega has been at the forefront of the legal profession in Panama, advising leading international financial institutions and multinational corporations, as well as some of the largest domestic companies, for over 100 years.

Its legal teams organized in 30 practice areas led by truly specialized lawyers, offer clients the comprehensive and integrated legal services they require on all aspects of their operations with the advantage of a multidisciplinary approach.


Jorge Loaiza III


+507 205 7068

With more than 32 years of experience, Mr. Loaiza stands out as one of the leading shipping lawyers in the country.

On heading the firm’s group, having handled and currently attending to numerous standard administrative tasks in the areas of registration and mortgage filing procedures, he has also assisted and represented clients in complex sale and purchase deals, inventive ship security models, drafting of maritime contracts, under-construction ship finance structuring, technical aspects and compliance under international maritime conventions and innovating in maritime litigation strategies. He was one of the main contributors to a newly adopted Law for Promotion of Maritime Projects Financing, and has been involved in maritime litigation, promoted the creation of judicial precedents on asset arrests and flag arrests of ships, administrative filings, and other unconventional procedures.

With a strong background and experience in corporate and commercial law, including knowledge of the common law system and comparative law at the LLM level, Mr. Loaiza provides well founded and a thorough range of legal advice, which has extended to complicated insolvency and reorganization proceedings of Panamanian corporations abroad, involving at the same time enforcement of naval mortgages and sale of vessels, overall, including assisting in respect to other type of foreign proceedings, all of which is not the common denominator of most of the shipping lawyers in Panama or elsewhere.

Thus, Mr. Loaiza has been advising clients in the shipping sector and has worked extensively with major ship finance banks, shipping companies and investors, on structured ship financings, construction, acquisitions, litigation and registration of all types of ships, mobile drilling units, FPSOs and other equipment in the shipping and energy sectors; with deep industry knowledge to creatively overcome obstacles and a global perspective on these matters.

Claudio De Castro

Junior Partner

+507 205 7000

Claudio De Castro specializes in representing foreign clients and multinational companies facing complex arbitration or litigation proceedings in Panama or involved in multijurisdictional disputes that include a Panamanian component, providing a global, honest risk analysis in each of these cases.

Mr. De Castro developed his international experience working as a trainee in the International Arbitration Departments of Shearman & Sterling LLP in Paris (2010) and Wilmer Cutler Pickering Hale and Dorr LLP in London (2010-2011). He is a contributor for the World Bank’s Doing Business Report since 2015 and currently serves as Ambassador for the Arbitration Academy.

Chambers and Partners- Latin America Guide 2023 

Chambers and Partners – Global Guide 2023