Firm PROFILE
Delvalle, Escalona, Levy & Corró
Latin America 2027
Rankings
Leading firm in Latin America 2027
Ranked Department
Ranked Department
Top figures
4
Partners
3
Offices
2019
Established Year
Content provided by Delvalle, Escalona, Levy & Corró
Overview
Provided by Delvalle, Escalona, Levy & Corró
DELCO is a Panama-based law firm recognised for sophisticated corporate, commercial and transactional advice. Its strengths include cross-border expertise, sector knowledge, partner-led service and a strong focus on international businesses entering or operating in Panama. Core areas include M&A, corporate, banking & finance, tax, aviation, estate planning, regulatory and emerging technologies, with additional capabilities in BVI and Nevis.
Industry sectors (9)
- Aviation
- Healthcare
- Retail
- Banking and finance
- Free zones and logistics
- Infrastructure
- Real estate and hospitality
- Private clients
- Fintech
Capabilities (10)
- Commercial law
- Joint ventures
- Aviation
- Consumer goods
- Real estate and construction
- Banking and finance
- Insurance
- Telecommunications
- Blockchain and cryptocurrency
- Energy
Clients (15)
- Petróleos Delta, S.A.
- Banistmo, S.A.
- Embraer
- Delta Air Lines
- Turkish Airlines
- Archer Daniels Midland
- InDrive
- BYD
- IATA
- GateGourmet
- Flor de Caña
- Zurich Airports
- Crediviva, S.A.
- International Free Zone Authority, S.A. (IFZA)
- Norfolk Financial Group
Key people
Provided by Delvalle, Escalona, Levy & Corró
Alberto Levy
´Partner
Felipe Escalona
Partner
Diego Corró
Partner
Ricardo Delvalle
Partner
Media
Provided by Delvalle, Escalona, Levy & Corró
Work & experience
Provided by Delvalle, Escalona, Levy & Corró
DELCO advises international and domestic clients on complex transactions, investments and projects in Panama. Its experience includes M&A, joint ventures, corporate structuring, financing, commercial agreements, State contracts and regulatory matters across aviation, energy, banking, real estate, construction, insurance, telecommunications and technology. The firm combines legal precision, commercial judgement and technology-driven efficiency.
Notable work
Provided by Delvalle, Escalona, Levy & Corró
Avon–Natura Regional Deal
2025Completed $22.0M Panama
USD 22M divestment of Grupo Avon to Natura, with due diligence in Panama and coordination across six jurisdictions.
WestJet Calgary–Panama Launch
2025CompletedPanama
Advised WestJet on Calgary–Panama route launch, securing permits & compliance for Latin America expansion.
Ranked Offices at Delvalle, Escalona, Levy & Corró
Provided by Delvalle, Escalona, Levy & Corró
Ranked Departments at Delvalle, Escalona, Levy & Corró (1)
Top figures
4
Partners
3
Offices
2019
Established Year
Content provided by Delvalle, Escalona, Levy & Corró
What success is built on
Chambers is the leading data and intelligence partner for the legal sector.