Rodrigo Molina Ortega & Asociados
Rodrigo Molina Ortega & Asociados is a law firm engaged in the professional exercise in the Areas of Commercial, Mercantile, Maritime, Civil, Laboral and Intellectual Property Law, representing important institutions, companies and corporations, nationally and internationally, emphasizing in maritime and financial agreements that imply registration of vessels, labor relations, investment opportunities, trademarks, corporations, local and offshore corporations and foundations, insurances, real estates, telecommunications, to mention some.
We are a juridical consultant firm renown in the corporate and commercial levels, offering solutions in relation to the wise guidance of your business, within the framework of a legal structure reducing to the minimum the risks to confront.
To fully provide due protection to the interests of the clients, offering them quality services and professional efficiency at reasonable costs, knowing the importance of the communication with the clients, in order to identify and attend their needs.
We have broad experience in all subjects related to Commercial and Mercantile Law, from the negotiation of contracts and agreements, financial and banking transactions, as well as organization of corporations and foundations, Panamanian and offshore in other jurisdictions. Atty. Rodgrigo Molina Ortega is the founder of Rodrigo Molina Ortega & Asociados.
He obtained his Bachelor’s Degree in Law and Political Science in the University of Panama in 1980. He obtained a Master’s Degree in Maritime Law (LL.M.) from the University of Tulane, in New Orleans, United States of America in 1983; and a Postgraduate study in Mediation and Arbitration from the International Institute of Negotiation, Mediation and Arbitration of the University of Panama in 2003.
Presently he is Arbitrator and Conciliator of the Center of Conciliation and Arbitration of Panama (CECAP, in Spanish) of the Chamber of Commerce, Industries and Agriculture of Panama and the Center of Solution of Conflicts (CESCON, in Spanish).
Member of the National Bar Association, Maritime Law Association, Inter-American Federation of Lawyers and the International Association of Mediators and Arbitrators.
During the last years, the Republic of Panama has been preferred as a second home by foreigners. The fiscal advantages, the use of the United States Dollar as official currency, the existence of an International Financial Center, modern commercial centers, the excellent communications and the health system are some of the reasons why many foreigners choose Panama to live and invest.
History of Panama
The Isthmus of Panama was discovered in 1501 by Rodrigo de Bastidas and Vasco Núñez de Balboa, who played an important role in the establishment of Santa Maria La Antigua del Darien in 1510, the first permanent settlement in the mainland, in America.
In 1513, Balboa led an expedition into Panama and discovered the Pacific Ocean. Pedro Arias Dávila founded the City of Panama on August 15, 1519. Panama was a Spanish colony until 1821, when it formed part of Simon Bolivar´s Great Colombia. In 1903, Panama finished its Alliance with Colombia and became an independent republic.
The Republic of Panama has an approximate area of 75,990 square kilometers. It is located between Costa Rica and Colombia; being the most narrow and lowest part of the isthmus that joins North America with South America. Panama is famous for its Canal, which unites the Atlantic and Pacific Oceans.
Panama offers a set of transportation and logistics services targeted towards the world commerce, focused in relation to the Panama Canal.
Located at the Panama Canal are ports for the transshipment of containers, commercial free zones, railways and the largest air transportation center for passengers in Latin America. It also has the biggest financial center in Latin America and the services offered are interconnected with the world market. This constitutes approximately three quarters of the Gross Domestic Product (GDP) of the country.
The population of Panama is of approximately Three million five hundred thousand (3,500,000) inhabitants, and approximately sixty-four per cent (64%) live in urban areas.
Panama is one of the countries with the highest Human Development, with a score of 0,768 (2011), ranking 58 among 169 countries, and being the country with the best human development in Central America and the sixth in Latin America, this mainly generated by a high index of literacy of 94,5% and schooling of 93,4%.
The Public Power is of the people and is exercised by three Bodies: Legislative, Executive and Judicial, harmonized in the separation, united in cooperation and limited by the duties assigned in the Political Constitution of Panama of 1972, amended by the Reformatory Acts of 1978 and the Constitutional Act of 1983, which presents a unitary, republican, democratic and representative government.
Presently, the executive body of the Government is composed by a President and a Vice-President, elected for a period of five years by direct election. The country has a firmly established democracy, a legal system based in the Constitution of 1972, which is politically stable and with a continuously developing economy.