Skip to content
Latin America Guide 2023

Ranked in 3 Practice Areas
1
Corporate/M&A
15 Years Ranked
2
Capital Markets
15 Years Ranked
3
Banking & Finance
13 Years Ranked
Ranked in Guides

About

Provided by Francisco Arias

Practice Areas

Francisco Arias a Partner in the corporate law department and heads the Mergers and Acquisitions, Securities and Capital Markets and Intellectual Property practice groups of the firm.

As a corporate lawyer, Mr. Arias is regarded as a leading expert in the market and his practice focuses on advising the board and management on mergers and acquisitions, corporate governance, financial restructurings and other significant corporate matters.

He also has wide local and international experience and has assisted corporate clients and credit institutions in several major transactions such as the Panama Canal Expansion project, the most important infrastructure project in Panamanian history.

Mr. Arias has represented clients in connection with the sale and purchase of businesses as well as joint ventures. During the last years, he has participated in transactions in several industries, including electricity generation, insurance, construction, real estate, hospitality, banking related services, shrimp farms, and non-alcoholic beverages, some with cross border components.

Career

Mr. Arias has over 20 years of legal experience, first in New York as an associate at Kronish, Lieb, Weiner & Hellman (today Cooley Kronish); and then in Panama as an associate and then a partner of Arias, Fábrega & Fábrega.

Professional Memberships

Terralex.

Work Highlights

Recent relevant experience includes among others:

Advising Mercantil Holding Financiero Internacional, S.A. (MHFI) in the execution of a promissory share purchase agreement for the acquisition of the majority stake in Capital Bank, Inc.

Advising Supermercados Xtra, S.A. in connection with the registration of common shares for an amount of up to US$45.5 million.

Advising Banco La Hipotecaria, S.A. in the public offering of Mortgage Loan Notes for an amount of up to US$112,500,000.00.

Advising in the reacquisition and purchase of the majority stake of Supermercados Xtra, S.A.

Advising Banco Delta, S.A., a general license bank engaged in the consumer banking business in Panama, in the public offering of exchangeable subordinated corporate bonds to be issued in series under a non-revolving program for an amount of up to US$30,000,000.

Advising the minority shareholders of Capital Bank, Inc. with respect to the acquisition of the shares of a group of other shareholders of Capital Bank, representing a majority stake in Capital Bank, its subsidiaries and affiliates.

Advising Avianca and its subsidiaries, in connection with its financial and corporate restructuring process, implemented to emerge from Chapter 11 proceedings in the United States of America.

Chambers Review

Provided by Chambers

Latin America

Corporate/M&A - Panama
1
Band 1

Market-leading partner Francisco Arias plays a key role in the Panamanian corporate and financial arenas, boasting particular expertise advising on capital markets mandates. He is also well placed to assist clients with mergers, acquisitions and divestments. An impressed client states: "Francisco Arias has a strong commercial awareness, as well as the ability to handle sophisticated cases," while another interviewee adds: "He is an excellent team leader and one of the best lawyers in Panama."


Capital Markets - Panama
2
Band 2

Distinguished partner Francisco Arias is frequently seen acting as counsel to issuers, underwriters and initial purchasers on public and private offerings of bonds and shares. One interviewee enthuses: "Francisco Arias is a key figure who has set the industry standards in Panama," while another respondent goes on to add: "He is an excellent lawyer who is able to handle very important capital markets transactions."


Banking & Finance - Panama
3
Band 3

Experienced partner Francisco Arias continues to boast extensive expertise advising financial institutions on their structural reorganisations. He is singled out for praise by an interviewee, who notes: "Franciso Arias is an expert banking and finance lawyer in Panama and a top player at the firm."

Discover other Lawyers at
Morgan & Morgan

Provided by Chambers
Filter by
Band

Panama

Banking & Finance

Inocencio Galindo
2
Inocencio Galindo
2
Band 2
Francisco Arias
3
Francisco Arias
3
Band 3
Kharla Aizpurua
U
Kharla Aizpurua
U
Up and Coming
Capital Markets

Francisco Arias
2
Francisco Arias
2
Band 2
Ricardo Arias
3
Ricardo Arias
3
Band 3
Corporate/M&A

Francisco Arias
1
Francisco Arias
1
Band 1
Inocencio Galindo
3
Inocencio Galindo
3
Band 3
Roberto Vidal
4
Roberto Vidal
4
Band 4
Dispute Resolution

Simon Tejeira
S
Simon Tejeira
S
Senior Statespeople
Jose Carrizo
2
Jose Carrizo
2
Band 2
Luis Vallarino
4
Luis Vallarino
4
Band 4
Omar Rodriguez
4
Omar Rodriguez
4
Band 4
Mayte Sanchez
Mayte Sanchez
Associates to watch
Orlando Tejeira
Orlando Tejeira
Associates to watch
Intellectual Property

Allen Candanedo
Allen Candanedo
Associates to watch
Projects & Energy

Ramón Varela
2
Ramón Varela
2
Band 2
Inocencio Galindo
4
Inocencio Galindo
4
Band 4
Ana Carolina Castillo Solís
Ana Carolina Castillo Solís
Associates to watch
Shipping

Jazmina Rovi Sánchez
1
Jazmina Rovi Sánchez
1
Band 1
Shipping: Litigation

Juan David Morgan Jr
1
Juan David Morgan Jr
1
Band 1
20 of 21 results