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Galindo Arias & López

Boasting a strong heritage and highly accomplished practitioners, Galindo Arias & López is a huge player in the region. It has a roster of high-end national and international clients across many of Panama’s key business sectors, including Copa Airlines, Covidien and Unión Eólica Panameña. The firm has advised on a number of significant deals in relation to the energy, telecommunications, banking and aviation industries, this includes advising Copa Airlines in the financing, leasing and registering of seven Boeing 737-800 aircraft worth $160 million. The firm also has a strong reputation in maritime law and litigation.


The firm excels in the finance and corporate spheres and it garners seven listings between the two. Department head Diego Herrera Dutari has led the firm on numerous complex cross-border M&A transactions. He is described as “a star” with a “strong commercial approach”. Ramon Ricardo Arias Porras has extensive experience in relation to financial, air transport and commercial matters. Also in our corporate chapter, Alfonso Arias Loredo is recommended for his “excellent knowledge of corporate and maritime law”, while Salomón Behar is esteemed for his “outstanding” corporate and finance practices. He is also listed in the natural resources practice where he advises on large-scale infrastructure projects.

Galindo Arias & López displays a strong showing in natural resources, with three practitioners in our chapter. Their engagements include successfully advising Térmica del Caribe Cristina in an arbitral proceeding chaired by the Panamanian public utilities regulator, in which their client won the right to amend a purchase power agreement with two major energy distribution and transmission companies.

Cristina Lewis de la Guardia is listed in our natural resources, finance and transport chapters for her “strategic approach” and “excellent reputation”. Diego de la Guardia Porras is recommended in both natural resources and dispute resolution for his “knowledge of the local market” and his “excellent skills” as a litigator. Tomás Herrera Díaz is also listed with peers calling him a “great operator” and an “eminent lawyer”.

Possessing a great reputation in Panama’s key industries, and with a sought-after legal team whose abilities are highly respected Galindo Arias & López remains one of Panama’s, and Central America’s, premier firms.

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W11 1QQ, UK