Adolfo Gonzalez-Ruiz

Adolfo A. González-Ruiz Arias

Adolfo González-Ruiz has been an Associate Attorney at Icaza, González-Ruiz & Alemán since 2017, specializing in Corporate Law, Public Contracting, and Data Protection.

He has been part of the team in charge of important project financing transactions and has spoken at virtual events for Cámara del Pacífico, PromPerú and ProColombia, presenting topics such as Investments in Panama and Public Contracting.

Adolfo is a member of the Panamanian Bar Association and the American Chamber of Commerce (AMCHAM), where he participates in the Trade and Investment Committee.

In 2021, he was recognized by the Panama Bar Association for his extraordinary work on behalf of the Panamanian legal profession.

Academic Instruction

  • Bachelor’s Degree in Law and Political Sciences, Universidad Católica Santa María la Antigua, Panama, (2016).
  • Master of Laws (LLM), Loyola University New Orleans Law School, U.S.A., (2016).
  • Specialization in Law, Contracts and Damages, Universidad de Salamanca, Spain, (2017).
  • Master of Taxation and Fiscal Policy, Universidad Especializada del Contador Público Autorizado (UNESCPA), Panama, (anticipated completion, 2021).
  • License Certificate: 2016


    • Associate since 2017
  • De Obaldía & García de Paredes
    • Legal Assistant, (2014-2015)
  • Tejada Lawyers
    • Legal Assistant, (2012)
  • Citi Bank
    • Legal Intern, (2010)


  • Panama Bar Association
  • American Chamber of Commerce (AMCHAM), Member of the Committee of Trade and Investment.
  • Panamanian Debate Association (ASPADE)


In his free time, Adolfo enjoys cooking and playing padel.


Alfredo R. Fonseca Zauner

Alfredo Fonseca is a Partner at Icaza, González-Ruiz & Alemán with fifteen years of experience in the profession. He specializes in Energy & Hydrocarbons, Maritime and Admiralty Law, Banking & Finance, and Corporate Law.

He has been part of the team involved in several high-profile transactions in the Energy and Infrastructure sectors, specifically for project financing and mergers and acquisitions. In addition, he has contributed to publications such as Latin Lawyer Regulator in the chapter regarding the National Public Service Authority of Panama.

Alfredo is a member of the Panama Bar Association and American Chamber of Commerce (AMCHAM), participating in the Electricity and Energy, Hydrocarbons, Legislation and Taxes, Trade and Investment, and Transportation and Logistics Committees.

Academic Instruction

  • Bachelor’s Degree in Law and Political Sciences, cum laude, Universidad Catolica Santa María la Antigua, Panama City, Panama, (2007).
  • Master of Law, with merit, King´s College London, London, United Kingdom, (2009).
  • International MBA, IE Business School, Madrid, Spain, (2015).
  • Specialization in Electricity and Gas Regulation, Universidad Externado de Colombia, Bogotá, Colombia, (2018).
  • License Certificate: 2008


    • Partner since 2023
    • Associate since 2015
  • Arias, Fabrega & Fabrega – Panama City, Panama
    • Associate (2013)
  • Arias, Fabrega & Fabrega –  London, United Kingdom
    • Associate, Office Manager (2009 – 2012)
    • Solicitor (2009)


  • Panama Bar Association.
  • American Chamber of Commerce (AMCHAM), Member of the Committees of Electrical and Energy, Hydrocabons, Legislation and Taxation, Trade and Investment and Transportation and Logistics.


Alfredo enjoys diving, sailing, piloting airplanes, and photography in his spare time.


Alexis V. Herrera Jr.

Alexis Herrera Jr. is a partner at Icaza, González-Ruiz & Alemán, with more than twenty-five years of experience. He specializes in Public Procurement, Mergers and Acquisitions, Corporate Law, Maritime Law, Environmental Law, Labor Law, and E-Commerce.

He is the partner in charge of the Mergers & Acquisitions and Public Procurement departments. He has advised the Panamanian government and business groups in public bidding and financing processes, as well as for M&A transactions in the areas of energy, infrastructure, and trading.

Alexis is also part of the team of arbitrators for labor matters at the Panama Canal Authority.

His work has been recognized by legal publications such as Chambers & Partners, LACCA, IFLR1000, and WWL.

Academic Instruction

  • Bachelor Degree in Finance and Economics, Saint Joseph’s University, Philadelphia, Pennsylvania, U.S.A., (1993).
  • Juris Doctor, Tulane Law School, New Orleans, Louisiana, U.S.A. Honors: Cum Laude, Exxon Scholar. (1996)
  • Maritime Certificate, Tulane Law School, New Orleans, Louisiana, U.S.A., (1996).

License Certificate:

  • 1996 – Louisiana State Bar and Federal Courts of the Fifth Circuit, U.S.A.
  • 1997 – Panamanian Bar Association


    • Partner. Lawyer since 1996.
  • Member of the Drafting Commission of the Preliminary Draft of a Bill which proposes amendments to Book II of the Panama Commercial Code (2013-2014).
  • Panama Canal Authority
    • Labor arbitrator (2010 – present)
  • Member of the drafting commission of the Regulation for the Panama Maritime Labour Convention of ILO, (2006). 
  • Exxon Company (U.S.A.)
    • Legal Department, (1995).
  • Gordon, Arata, McCollan & Duplantis (U.S.A.)
    • Legal Assistant, (1994).
  • Coordinator of the Drafting Commission on the regulation of the Labor Law at Sea and Navigable Waterways.

Academic Experience

  • Santa Maria La Antigua University and Deusto´s University (Bilbao, Spain).
    • Professor in the Master’s Program in Maritime Law, (2003 – 2005)
  • Santa Maria La Antigua University
    • Professor of “Problems in Contemporary Corporate” (Electronic Commerce and Telecommunications). Master’s Program in Commercial Law, USMA (2001 – 2005).
  • Escuela Nautica de Panama
    • Alternate Professor of Maritime Law (1997 – 2001).


  • Panama Bar Association
  • Lousiana Bar Association
  • American Bar Association (ABA)
  • Asociación Profesionales de la Nueva Generación Jurídica (Tesorero, 1999 – 2002)
  • Asociación Panameña de Derecho y Nuevas Tecnologías
  • Panama Maritime Law Association
  • International Bar Association
  • Phi Delta Phi (International Legal Fraternity) 
  • American Chamber of Commerce (AMCHAM), 
    • Member of the Committees of Environmental, and Hydrocarbons. 

Awards and Recognition

  • Chambers and Partners Global,
  • Chambers and Partners Latin-America;
  • IFLR 1000 


  • “Ciertos Aspectos Legales del Comercio Electrónico”, (Semanario Jurídico Empresarial, Sistemas Jurídicos, October, 2000).
  • Panama Chapter of the book “International Execution Against Judgment Debtors” (Oceanía Publications, Inc.,1999).


In his spare time, Alexis enjoys basketball, music, and gadgets.


Mariela I. de la Guardia Oteiza

Mariela de la Guardia Oteiza is a partner with twelve years of experience, specializing in Commercial Law, Intellectual Property, Estate Planning, Public Procurement and Data Protection.

She regularly provides advice to multinationals interested in establishing their operations in Panama through special economic zones and regimes such as SEM, Colon Free Zone, Panamá Pacífico, and EMMA.

Mariela is a Director and Secretary of the Board of Directors of the American Chamber of Commerce of Panama (AmCham) for 2021-2022. In addition, she is an active member of INTA, participating in the Famous and Well-known Trademark Committee from 2020 through 2021, and has been selected as a member of the Brand Restrictions Committee for the 2022-2023 period.  She is also member of the Panamanian Association of Intellectual Property Law (APADEPI), among many other organizations. Recently, Mariela was also named as a Mentor of AEI Panama, the Alliance for Entrepreneurship and Innovation.

Academic Instruction

  • Master of Law (LL.M.), Northwestern University, School of Law, Chicago, Illinois, USA. (2009).
  • Bachelor Degree in Law and Political Sciences, Santa Maria La Antigua University, Cum Laude. Panama, (2007).
  • Tax Diploma, Universidad Especializada del Contador Público Autorizado (UNESCPA), Panama,(2012).
  • Postgraduate Degree in Public Procurement, Santa Maria La Antigua University, (2018).
  • License Certificate: 2008


    • Partner since June, 2019
    • Associate Attorney since 2009
    • Legal Assistant: Intellectual Property; Corporate Law; Litigation (2004 – 2007)


  • Panama Bar Association
  • American Chamber of Commerce
    (AMCHAM) – Secretary of the Board of Directors and Director 2019-2022, former Vicepresident of the Board of Directors 2020, former Director of the Tax and Legislation Committee, Member of the Trade and Investment Committee;
  • Panamanian Association of Intellectual Property Law (APADEPI)
  • International Trademark Association (INTA), Famous and Well Known Trademarks committee member
  • WIP Panama
  • Member of the Women’s Corporate Directors (WCD)


Mariela enjoys cooking, reading historical novels, playing soccer and baseball in her spare time.

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