Pilar Castillo
Pilar Castillo joined ARIFA in 2010 and was elected Partner in 2017. She is Co-Head of the firm's Transportation: Maritime and Aviation practice, with a particular focus on aviation finance, aircraft leasing and transportation-related cross-border transactions.
Pilar advises airlines, aircraft lessors, financial institutions and investors on complex aircraft acquisition, financing, refinancing and leasing transactions, as well as the registration, perfection and enforcement of aviation security interests under Panamanian law. She has played a leading role in many of the most significant aircraft financing transactions involving Panama, including numerous matters supporting COPA Airlines' fleet expansion, representing leading international lessors and financiers in high-value, multi-jurisdictional transactions.
Her transportation practice also encompasses shipping and maritime finance, where she advises banks, shipowners and investors on vessel acquisitions and disposals, ship finance, offshore asset transactions and secured lending structures. Her deep understanding of Panama's maritime, commercial and corporate legal framework enables her to structure transactions efficiently and resolve complex legal and logistical issues throughout the negotiation and closing process.
Pilar regularly collaborates with the firm's Banking & Finance, Capital Markets and M&A teams, providing specialized transportation law expertise in complex financing, infrastructure and corporate transactions involving aviation, maritime and port assets. She also advises on port operations, maritime ancillary services, commodity finance and secured transactions involving assets located in Panama's free trade zones.