Firm / Organisation

Galindo, Arias & López

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Managing Partners: Salomón Behar, Roberto De Araujo, Diego Herrera, Edgar Herrera
Number of partners: 15
Number of lawyers: 31
Languages: English, Spanish

Firm Overview:
Galindo, Arias & López, one of the most renowned full-service law firms in Panama, prides itself on a 50-years tradition of excellence and building long term relationships with its clients. Committed to providing legal services of the highest quality and ethical standards, the firm maintains a high-profile and international client base with business interests in Panama and abroad. GALA stands out among its competitors, thanks to its expertise in complex regulatory issues, local and cross-border transactions and a stellar dispute resolution track record, servicing clients throughout Panama’s key business sectors: aviation, energy, telecommunications, banking, finance, infrastructure, real estate, transportation and logistics, tourism, and commerce.

Main Areas of Practice:

Banking, Finance & Capital Markets:
GALA has a long and impressive trajectory in the Panamanian market and boasts one of the largest banking and finance teams in Panama. The team focuses on project finance, financial services regulatory advice, day-to-day advice to traditional banks, and financial institutions, highend financing for precedent-setting energy and natural resources projects, as well as advice on growing areas such as aviation finance. GALA also has a strong capital market practice focused primarily on public offerings of both debt and equity securities and regulatory compliance.
Key Clients: BAC International Bank; Banco Ficohsa; Banco Industrial, SA., Mercantil Bank Panama
Contact: Roberto De Araujo López
Email: [email protected]

GALA advises on domestic and cross-border mergers, acquisitions, joint ventures, strategic alliances, and reorganisations. The firm has been involved in many of the region’s most important M&A transactions, including the acquisition of Balboa Bank and Trust by BCT Bank, the acquisition of Total’s gas retail business in Costa Rica by Petroleos Delta and the alliance agreement between Copa Airlines and United Airlines, and the acquisition of Cable Onda and Telefonica Moviles Panama by Millicom.
Key Clients: Copa Airlines, S.A., Deloitte, Inc, Millicom, UBER BV
Contacts: Diego Herrera, Ramón Arias
Emails: [email protected], [email protected]

Intellectual Property:
The firm has an experienced team who can assist clients on the registration and protection of trademarks, patents, slogans, trade names, industrial designs, and invention patents. It has in-depth experience in IP litigation.
Contact: Carla López
Email: [email protected]

Litigation & Dispute Resolution:
The firm has a long-standing and highly accomplished litigation practice. GALA’s litigation attorneys have successfully argued on behalf of clients in a broad range of industries, including energy sector leaders Petroterminal de Panamá and Naturgy Panama. Among its most recent achievements is advising the Panama Canal Authority (ACP)’s international legal team on issues of Panamanian law in the ACP’s recent arbitration victory over the contractor responsible for the Panama Canal Expansion Project.
Key Clients: Clínica Hospital San Fernando, S.A., The Panama Canal Authority, Claro Panama, S.A., Petroterminal de Panamá, S.A., Naturgy Panamá, BAC International Bank
Contact: Diego de la Guardia
Email: [email protected]

Project & Asset Finance:
GALA has offered legal counsel on innovative finance structures for the acquisition of assets and the development of some of the largest projects in Panamanian history. The most notable transactions include advising the ACP’s international on financing of the US$5.25 billion Panama Canal Expansion Project, as well as advising both developers and financial institutions regarding financing of energy projects of multiple technologies, including hydro, thermal and natural gas generation, the first wind and solar farms in the Republic of Panama, and both the construction, redeployment and expansion of the transisthmian pipeline.
Key Clients: The Panama Canal Authority, Unión Eólica Panameña, Petroterminal de Panamá
Contact: Salomón Behar
Email: [email protected]

Real Estate:
The practice focuses on complex real estate development projects, zoning matters, and issues arising from condominium incorporation and regulation. The team is actively involved in advising the developer of the 1,400-hectare project known as Ciudad Costa Verde in all legal matters, including regulatory, transactional and tax matters. Key Clients: Conservatorio, SA, Grupo Amarilo
Contact: Salomón Behar
Email: [email protected]

GALA advises clients on the tax implications arising from cross border transactions and structuring, guiding them on the best way to manage and use the available tax incentives and regimes, including the application of double tax conventions. Contact: Ramón Arias
Email: [email protected]

Highlighted Industries of Expertise:

With experienced lawyers in heavily regulated industry, GALA advises an international clientele on the full range of energy-related matters. The team is comprised of lawyers within M&A, regulatory, project financing, and dispute resolution practice groups, being able to safeguard client interests in every possible way. Working on the development of the largest solar, wind, and hydroelectric projects settled in Panama and the region, as well as, counselling two of the three energy-distribution companies in the country, has made Galindo, Arias & López the go-to firm for power-related matters.
Key Clients: Unión Eólica Panameña, Greenwood Energy, Grupo ECOS
Contacts: Cristina Lewis, Salomón Behar
Emails: [email protected], [email protected]

GALA provides expert counsel to clients in the aviation industry, primarily focusing on aircraft acquisition, finance and leasing, as well as corporate, regulatory and litigation. Recent transactions include, advising Copa Airlines on the US$ 2.6 billion order placed for the acquisition of 32 Boeing 737-800 Next Generation aircrafts and the acquisition of the first 13 Boeing 737-MAX 9 aircraft to be delivered by 2019, part of the US$6.6 billion order of 61 737-MAX.
Key Clients: Copa Airlines, Servair/GateGroup, CARGOLUX Airlines International, S.A.
Contact: Cristina Lewis
Email: [email protected] International Networks: TAGLAW


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