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"ARIFA, in the forefront of Panama’s legal industry since 1914, offers full-service advice to international financial institutions, multinationals and some of Panama’s largest domes..." read more
"Alemán, Cordero, Galindo & Lee (also known as ‘ALCOGAL’) was founded in 1985 and has rapidly emerged as one of Panama’s leading law firms, as most recently evidenced by its dis..." read more

 

Legal market overview

The past decade has seen Panama emerge as one of the Western Hemisphere's fastest growing economies, and, since 2007, its GDP growth has averaged 8%. The boom in recent years has been built upon construction, tourism, shipping, offshore banking, and of course the canal, which has helped underpin the financing for many of the country's ambitious state-backed infrastructure projects. The country is also establishing itself as a hub for the region, with many multinational corporations establishing their Central America headquarters there. This has been a boon to the country's commercial legal market, particularly among the largest full service firms, many of which are well stocked with US-trained lawyers. Of these, Aleman, Cordero, Galindo & Lee, Arias, Fábrega & Fábrega, Galindo, Arias & Lopez and Morgan & Morgan can be regularly found in or near the top tier for most categories. Unlike many jurisdictions, over the past few years, most of the major firms have been relatively stable, with little partner movement between them.

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Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
  • Sayenko Kharenko – legal counsel on the acquisition of ING’s securities and custody services bus

    Sayenko Kharenko - legal counsel on the acquisition of ING's securities and custody services business by Citibank. Normal 0 false false false RU X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Обычная таблица"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0cm; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi; mso-fareast-language:EN-US;}
  • LS Horizon Limited advised PTG Energy Public Company Limited

    LS Horizon Limited has advised PTG Energy Public Company Limited (the " Company "), which operates the business of distribution of petroleum products and equipment for gas stations, including fuel selling through its PT petrol stations, in connection with its initial public offering (" IPO ") and listing of its shares on the Stock Exchange of Thailand (" SET ").
  • Penningtons establishes pensions team with two senior lateral hires

    Penningtons Solicitors LLP has recruited partner Maria Riccio and associate Rupert Graham-Evans to lead its newly established pensions law team. Working between the firm's Hampshire and London offices, they will also support Penningtons' regional offices across Cambridge and the South East, advising clients in the UK and internationally.
  • Matouk Bassiouny Advises Emirates NBD PJSC on the USD 500 Million Acquisition of BNP Paribas S.A.E.

    Matouk Bassiouny advised Emirates NBD PJSC on the acquisition of 100% of the share capital of BNP Paribas S.A.E. in Egypt.  The value of the transaction amounted to USD 500 million. The Share Purchase Agreement was signed in December 2012 and closing took place in Cairo on Sunday June 9 th 2013. 
  • Partner and Senior Associate join Matouk Bassiouny's Dispute Resolution group

    We are delighted to inform you that Johanne Cox joins Matouk Bassiouny as a Partner in the firm's Dispute Resolution group. Johanne has practiced international arbitration in Egypt for a number of years, prior to which, she practiced arbitration in London and Paris at leading international law firms.  She is recognized in Legal 500 (2013) as "very experienced and knowledgeable", adding a "great dynamic" to her law firm's practice.  Johanne is a Fellow of the Chartered Institute of Arbitrators, a Solicitor-Advocate in England and Wales, and an accredited Mediator.
  • Landmark Supreme Court judgement on the Rights of Depositors in Cyprus

    On 07.06.2013 the Supreme Court issued its judgment in the context of the first recourses filed by depositors and challenging the effect on depositors' funds of the recent bank resolution measures. The judgment is a very welcome development and should be viewed as a significant stepping stone in the future developments of the promotion of depositors' claims.
  • Kochański Zięba Rapala & Partners law firm is a laureate of the European Medal 2013

    Kochański Zięba Rapala & Partners law firm is honored to announce that it has been awarded the European Medal 2013 in the Final of the 24th Edition of the Competition organized by the Business Centre Club in cooperation with the Ministry of Foreign Affairs, and under the honorary patronage of the European Economic and Social Committee.
  • Georg Fischer to acquire majority stake in Hakan Plastik of Turkey

    Georg Fischer Ltd. (GF) signed a share purchase agreement on 7 May 2013 to acquire majority stake in Hakan Plastik A.S., with an option to acquire the remaining shares in following years. 
    - Paksoy
  • Hengeler Mueller advises CEWE on transformation of legal form

    The Annual General Meeting of CEWE COLOR Holding AG has approved the change the company's legal form into a partnership limited by shares - Kommanditgesellschaft auf Aktien (KGaA). The change of the legal form includes the transfer of the business currently conducted by CEWE COLOR AG & Co. OHG to CEWE Stiftung & Co. KGaA.
  • Hengeler Mueller advises Grammer AG on refinancing by certificate of indebtedness

    Grammer AG (Amberg), a leading supplier of automotive interior and seating systems, has issued loans evidenced by certificate of indebtedness (Schuldscheindarlehen) in the amount of € 90 million which is divided into tranches of 4 and 6 years as well as fixed and variable interest rate tranches. Grammer AG is refinancing an existing loan evidenced by certificate of indebtedness of 2006 prior to maturity in August with part of the issuing proceeds.