Department profile
Delvalle, Escalona, Levy & Corró

Corporate/M&A

Latin America Guide 2027 : Panama


Delvalle, Escalona, Levy & Corró

About

Provided by Delvalle, Escalona, Levy & Corró

Founded in 2019, DELCO advises companies, investors and entrepreneurs on the legal matters underpinning their operations, investments and growth in Panama, as well as selected matters in the British Virgin Islands and Nevis. The firm combines technical rigour with commercial insight, delivering practical advice aligned with each client’s business objectives.

DELCO’s experience spans corporate and commercial law, M&A, banking and finance, tax, aviation, regulatory matters, joint ventures, project development, real estate, commercial contracts and State-related matters. The firm regularly assists international companies entering or expanding in Panama, from corporate structuring and regulatory compliance to complex transactions and project execution.

Its lawyers advise throughout the transaction lifecycle, including due diligence, structuring, negotiation and closing, as well as purchase agreements, shareholder arrangements and joint ventures. DELCO has experience across aviation, energy, banking, consumer goods, retail, real estate, construction, insurance, telecommunications and technology, including blockchain and cryptocurrency.

Combining partner-led advice, sector knowledge and technology-driven efficiency, DELCO is particularly well positioned to handle sophisticated, cross-border and time-sensitive matters involving multiple stakeholders.

Clients (11)

  • Delta Air Lines
  • Banco Interamericano de Desarrollo (BID)
  • Embraer
  • Avianca Airlines
  • International Free Zone Authority, S.A. (IFZA)
  • First Principles Fund (FPF)
  • Stay Panama Holdings, S.A.
  • WestJet
  • Oracle
  • Alternative Holdings
  • GSU HOLDINGS, S.A.

Industries (18)

  • Aviation
  • Banking and finance
  • Infrastructure
  • Fintech
  • Healthcare
  • Retail
  • Free zone and logistics
  • Private clients
  • Family offices
  • Hospitality
  • Aviation
  • Hospitality
  • Free zones and logistics
  • Infrastructure
  • Banking and finance
  • Private clients
  • Family offices
  • Cross-border investment structuring

Chambers Review

Provided by Chambers

Corporate/M&A - Panama

Band 3

Band 3


What the Team is Known For

Delvalle, Escalona, Levy & Corró has a well-regarded corporate practice and is regularly instructed by clients in the financial services and aviation sectors. The team advises on M&A transactions, corporate restructuring and regulatory compliance matters in Panama, with additional experience in cross-border transactions.

Notable practitioners

Alberto Levy, Diego Corró and Felipe Escalona are key client contacts at the firm.

Work Highlights

Provided by Chambers

  • Delvalle, Escalona, Levy & Corró advised Embraer on the sale of aircraft to the Government of Panama, in a transaction valued at USD76.3 million.

Strengths

Provided by Chambers

  • The Delvalle, Escalona, Levy & Corró team stands out for its strong corporate and cross-border transactional capabilities. They offer clear communication, a practical approach and a deep understanding of both the legal and commercial aspects of a transaction, enabling them to manage complex issues efficiently and with confidence.

    Corporate/M&A respondentLatin America

Members

Provided by Delvalle, Escalona, Levy & Corró

  • Felipe Escalona

    Head of Department

  • Alberto Levy

    Head of Department

  • Diego Corró

    Head of Department

  • Ricardo Delvalle

  • Anna Patricia Fonseca

  • Daniel de Roche

  • Alejandro Vásquez Vallarino

What success is built on

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