Admiralty & Maritime Law
| Maritime Litigations in Panama
Due to its key position,
Panama is a necessary route for hundreds of vessels of all class.
This is a
particular advantage for those who, in exercise of a credit right or to
insure the result of a proceeding, have the intention of a ship arrest. In
the Panamanian maritime procedure exists the forum arrest notion under
which the arrest of a vessel or goods of the defendant by the Maritime Court
is ascribed in its favor of the competence for knowledge of the matter in
virtue of which the measure is executed.
To enforce the arrest, is
only required to deposit before the Court the amount of US$1,000.00 as a
guarantee against possible damages and US$2,500.00 for Marshal expenses.
This cost is very competitive compared with other jurisdictions and all the
expenses are taxed as cost in the action.
The Maritime Court of the
Republic of Panama has shown to be a convenient judicial forum for
plaintiffs. The Panama Maritime Court is available the 24 hours a day, the 365 days of the year, to
the international maritime community in order to institute judicial
proceedings to enforce their claims through the seizure and arrest of
vessels.
Mata & Pitti is a law firm
with vast experience in maritime litigations and activities related with
international maritime commerce. Our practice covers the following ranges:
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Arrest of vessels |
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Cargo Claims |
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Labor Claims |
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Maritime Liens |
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Carriage of goods |
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Collisions and Salvage |
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Pollution Claims |
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Personal Injuries Claims |
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Maritime Collections |
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Maritime enquiries |
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Charter parties |
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Ship sale and purchase |
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Naval mortgagees |
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Panama Maritime Law Menu
»
Maritime Litigations in Panama
» Arrest of
Vessels in Panama
Documents in PDF
» Panama Arrest of vessels FAQ in PDF.
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