Managing Partners: Cristina Lewis, Roberto De Araujo, Edgar Herrera
Number of partners: 11
Number of other lawyers: 32
Contact Partner: Diego Herrera D
Aviation: Cristina Lewis
Banking, Insurance & Capital Markets: Roberto De Araujo
Corporate/M&A: Diego Herrera D
International Trade: Cristina Thayer
Litigation & Dispute Resolution: Diego de la Guardia
Project & Assets Finance: Salomón Behar
Real Estate: Salomón Behar
Tax (Local & International): Ramón Ricardo Arias
Galindo, Arias & López is a Panamanian full-service law firm with a 50- year tradition of excellence and a commitment to providing legal services of the highest quality and ethical standards. The firm has built long-term relationships with a high-profile, local and international client base, with business interests in Panama and abroad. GALA stands out among its competitors, in part, due to its expertise in complex regulatory is- sues, 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, in- frastructure, real estate, transportation and logistics, tourism, and commerce.
Main Areas of Practice:
Banking, Insurance & 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 bank, and financial institutions, high-end 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.
Corporate Mergers & Acquisitions:
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 partial acquisition of Cable Onda by Millicom International Cellular, S.A., the acquisition of Panavicola by Corporación Multi Inversiones (CMI),the alliance agreement between Copa Airlines and United Airlines, and the sale by Goldwind International Holdings (HK) Limited and Goldwind International Penonome, S.a.r.l. of their equity interests in the first wind farm in Panama. Intellectual Property: The experienced team can assist clients on the reg- istration and protection of trademarks, patents, slo- gans, trade names, industrial designs, and invention patents. It has wide experience in IP litigation.
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.
Project & Asset Finance:
GALA has offered legal counsel on innovative finance structures for the acquisition of assets and the devel- opment of some of the largest projects in Panamanian history. The most notable transactions include advising the Panama Canal Authority international on financing of the US$5.25 B Panama Canal Expansion Project, as well as advising both developers and financial institutions regarding financing of energy projects of multiple technologies, including hydro, thermal and natural gas generation, the first wind and solar farms in the Republic of Panama, and both the construction, re-deployment and expansion of the transisthmian pipeline.
The practice focuses on complex real estate development projects, zoning matters, and issues arising from condominium incorporation and regulation. The team is actively involved in advising the developer of the 1,400-hectare project known as Ciudad Costa Verde in all legal matters, including regulatory, trans- actional and tax matters.
Tax (Local & International):
GALA advises clients on the tax implications arising from cross border transactions and structuring, guid- ing them on the best way to manage and use the available tax incentives and regimes, including the applica tion of double tax conventions.
Highlighted Industries of Expertise:
GALA provides expert counsel to clients in the aviation industry, primarily focusing on aircraft acquisition, finance and leasing, as well as corporate, regulatory and litigation. Recent transactions include, advising Copa Airlines on the US$ 2.6 B order placed for the acquisition of 32 Boeing 737-800 Next Genera tion aircrafts, the acquisition of the first 6 Boeing 737-MAX 9 aircraft delivered between 2018 and 2019, part of the US$6.6B order of 61 737-MAX and the sale of 14 EMB 190 aircraft, spare engines and spare parts to Alliance.
With experienced lawyers in heavily regulated industry, GALA advises an international clientele on the full range of energy-related matters. The team comprises of lawyers within M&A, regulatory, project financing, and dispute resolution practice groups, being able to safeguard client’s interests in every possible way. Working in the development of the largest solar, wind, and hydroelectric projects settled in Panama and the region, as well as, counseling two of the three energy-distribution companies in the country, has made Galindo, Arias & López the go-to firm for power-related matters.
International Networks: TAGLaw.
Altra Investments; América Móvil; ASSA Compañía de Seguros, S.A; Banco Ficohsa; BAC International Bank, Inc., Banco General SA; Banco Industrial, SA; Banco Santander Central Hispano, SA (NY Branch); Cable Onda, S.A.; Cargolux Airlines; Casa Comfort, S.A.; China State Construction and Engineering Company (CSCEC); Citibank International PLC; Clínica Hospital San Fernando, SA; Copa Airlines; Copa Holdings, S.A.; Credomatic de Panamá, SA; Deloitte; Emirates; El Machetazo, S.A.; Gates and Partners; GBM de Panamá, SA; Glenfarne Group, LLC; Goldwind Americas; Grupo Pellas; Grupo Mays; Hospital Punta Pacífica; Hoteles Decameron, Grupo REY; International Finance Corporation (IFC); Motta International, S.A.; Mayer Brown; MED Centroamérica, SA; Mercantil Banco, S.A; Metrobank, SA; Millicom International Cellular, S.A.; Mitsubishi UFJ Financial Group; Naturgy Panama; Panama Canal Authority; Petroterminal de Panamá, S.A.; Servair Newrest Panama, S.A.; Sherman & Sterling LLP; Sony BMG Music Entertainment; Uber, B.V.; ; Unión Eólica Panameña, S.A.