Ricardo is a partner in the firm's Commercial Department and co-leads the Tax Department. .
Ricardo represents and advises local and international clients on a wide range of matters. These include mergers and acquisitions transactions, corporate and commercial law, as well as matters related to antitrust and consumer protection.
While working as a full-time legal assistant at Alfaro Ferrer & Ramirez, Ricardo attended the Universidad Santa María la Antigua. He earned his bachelor's degree with honors (cum laude) in 2007.
Later, he continued his studies at the Georgetown University Law Center in Washington, D.C., where he earned a Master of Laws (LL.M.) with a concentration in Securities and Financial Regulation in 2008.
After completing his studies at the Georgetown University Law Center, Ricardo worked at Fox Horan & Camerini in New York. There, he handled corporate and commercial transactions and assisted clients interested in establishing businesses in Latin America. In 2009, he joined Alfaro Ferrer & Ramírez as an associate attorney and was promoted to partner in 2018.
- Experian Latam Holdings Unlimited acquired a majority stake in APC BURÓ, S.A., the only credit bureau in Panama.
- Corporación Multi-Inversiones acquired a majority stake in Productos Toledano, S.A., a leading poultry products company in Panama.
- Banco Aliado, S.A. acquired Banco Panamá, S.A. through the merger of Allied Pacific Inc., a wholly owned subsidiary of Banco Aliado, and Grupo Centenario de Inversiones, S.A., the sole shareholder of Banco Panamá, for approximately US$210 million.
- Global Bank Corporation negotiated and acquired 99.972% of the issued and outstanding shares of Banco Panameño de la Vivienda S.A. (Banvivienda), as well as financing agreements totaling approximately US$$245 million.
- He assisted a family group in the sale of Clínicas y Hospitales, S.A., the company that operates Centro Médico Paitilla, a leading private hospital in Panama, to Hospiten Panamá, S.A.
- Southern Cross Group, a private equity firm, acquired and sold a majority stake in Supermercados Xtra, S.A., the third largest supermarket chain in Panama.
- He acted as local counsel for Amplifon S.p.A., a global leader in hearing solutions and services, in the closing of the multijurisdictional acquisition of the GAES Group from the Gassó family and other minority shareholders for a total amount of approximately US$616 million.
- He acted as local counsel for Yara International ASA in its acquisition of OFD Holding Inc. from Omimex Resources Inc. for US$425 million.
- Sodexo Pass International acquired Sistemas de Incentivos Empresariales, S.A. (Vale Panamá).
Education
- Master of Laws (LL.M.) in Securities and Financial Regulation, Georgetown University Law Center, 2008.
- Certificate in U.S. Law Fundamentals and Legal Education, Georgetown University Law Center, 2008.
- Bachelor of Laws and Political Science, Cum Laude, Universidad Católica Santa María la Antigua, 2007.
Admissions
- Panama, 2007
Acknowledgments
2026
The Legal 500 Latin America (2026 Edition)
Recognition: Highlighted as a key professional at the firm (according to the list in Article 2).
2025
Chambers Latin America (2025)
Ranking: ‘Up & Coming’ (Rising Star) in Corporate and M&A.
Testimonial: “Ricardo Moreno stands out for always going above and beyond and offering creative solutions to complex problems.”
2023
The Legal 500 (2023 Edition)
Recognition: ‘Next Generation Partner’ (Next Generation Partner) in the Corporate and M&A practice.
2012
World Economic Forum
Distinction: Selected as ‘Global Shaper’ at the Panama City hub.
Professional Associations
- National Bar Association of Panama
- American Chamber of Commerce
- Chamber of Commerce and Industry of Panama
- Member of the Latin American Advisory Council of the Georgetown University Law Center (2016-2022).
Languages
- Spanish and English