Isabel Cristina López > LOVILL > Panama City, Panama > Lawyer Profile


Work Department

PRACTICE AREAS: Dispute Resolution, Corporate and M&A, Real Estate, Private Client.


Founding Partner


Cristina is a founding partner of LOVILL, where she leads the team for dispute resolution, litigation, national and international arbitration. She regularly represents and advises clients on international arbitrations under CeCAP, ICC and ICSID rules, among others. Cristina has been recognized by prestigious international guides such as CHAMBERS & PARTNERS, LEGAL 500 and WHO’S WHO LEGAL for her merits in complex international negotiations and disputes.

She is a designated Arbitrator at the Conciliation and Arbitration Center of the Chamber of Commerce, Industries and Agriculture of Panama and was the representative for Latin America of the International Chamber of Commerce ICC/YAF (2017-2019). Cristina specializes in leading teams in high-profile cases in infrastructure, logistics, finance, real estate, energy, telecommunications and representation of states, and has experience in national and international arbitrations. Her law and master degrees were carried out at the University of Oviedo (Spain), at Santa Maria La Antigua Catholic University of Panama, and at the University of Warwick, England through the Chevening scholarship from the British Council.

Cristina´s corporate practice has been as advisor and leading counsel for several corporations, multinationals and family offices in corporate transactions and day to day operations where she leads her team. Within the industries she has advised and has a deep understanding are; infrastructure, real estate, telecommunications, financial, energy, hotel, distribution and logistic, where she is very active due to her negotiation skills and business knowledge that provides and added value to her clients. Cristina also participates as a panelist and speaker in several national and international organizations in relevant subjects that include law, corporate social responsibility, gender diversity and leadership. She has a commitment in promoting social impact and giving back through pro bono cases and promoting best practices in the exercise of the Rule of Law in in Panama.

She is advisor for the “Fundación Jesús Luz de Vida” (Jesus light of Life Foundation), which aims to reintegrate former gang members in society, in the transition to a social enterprise.


Spanish, English


Member of the Panamanian Chamber of Information Technologies, Innovation and Telecommunications (CAPATEC).

Member of the International Bar Association.

Member of the National Bar Association.

Member and Manager of Panama at the International Law Students Association (ILSA), of the “Phillip C. Jessup Moot Court Competition.”


  • Warwick Univeristy (England). Master in Laws with emphasis in Development of International Law and Human Rights. (Chevening Scholarships).
  • Isik University Istambul (Turkey). Law and Studies of the European Union. (ERASMUS EU Scholarship).
  • Universidad Santa María La Antigua (USMA) (Panama). (Lawyer) Degree in Law and Political Sciences.
  • University of Oviedo (Spain). General Studies of Law.

Lawyer Rankings

Panama > Corporate and M&A

Attracting praise from clients for its ‘combination of good legal knowledge and efficiency‘, LOVILL houses a broad corporate practice covering M&A, joint ventures, spin-offs and corporate reorganisations, as well as commercial and regulatory issues. The team acts for clients across the full spectrum, from large multinationals to Panamanian family offices, and is also skilled in assisting companies with establishing their businesses in Panama or expanding into other jurisdictions in Latin America. In addition, the firm distinguishes itself through its strength in real estate-related transactions across the residential, hospitality and retail spaces. Panama City and Tokyo-based Elizabeth Heurtematte and Isabel Cristina López lead the team, which can now call upon the expertise of four partners following the promotions of the ‘proactiveAlejandro Fung and Jeannette Bravo, who heads the labour practice, in July 2023. The firm also stands out for its impressive diversity and inclusion credentials; three of its four partners are women.

Panama > Dispute resolution

(Leading individuals)

Isabel Cristina López – LOVILL

LOVILL‘s dispute resolution team is highlighted for its ‘deep understanding of the local legal landscape, combined with its international expertise‘, which is reflected in its impressive track record of representing international clients (including household-name multinationals and foreign states) in cross-border cases in Panama. The firm is well versed in both litigation and arbitration, acting in disputes across the full spectrum of civil, commercial, criminal and administrative law, with a growing niche in multi-jurisdictional insolvency litigation. At the head of the practice, ‘standout leaderIsabel Cristina López has notable strength in cross-border commercial disputes. The team also benefits from the expertise of recently promoted partner Jeannette Bravo, a specialist in labour litigation, and dual-qualified (in New York and Panama) associate Christopher Glasscock, a ‘great litigator‘ who also has a focus on international arbitration.

Panama > Real estate

Commended by clients for its ‘great all-round service focused on Panamanian real estate‘, LOVILL has a broad practice encompassing the sale and acquisition of land, the development of commercial and residential projects, the horizontal property regime, lease agreements, the merger and segregation of plots of land, and the restructuring of the ownership of land. Elizabeth Heurtematte, who divides her time between Panama City and Tokyo, advises a range of national and international companies, family offices and private individuals on real estate matters; she leads the team with Isabel Cristina López. The ‘exceptionalAlejandro Fung, who is noted for advising on ‘both the commercial and the legal aspects of decisions affecting properties‘, was promoted to partner in July 2023.

Panama > Tax

Singled out for ‘its efficient way of solving problems‘, the tax team at LOVILL advises an array of international clients on the structuring of cross-border transactions, regulatory compliance, the benefits available under Panama’s special tax regimes and the effects of tax treaties. The team also supports the firm’s active real estate department in advising on tax issues relating to real estate transactions and projects, and is equally adept at representing clients in tax disputes before the Panamanian courts. Dividing her time between Panama City and Tokyo, Elizabeth Heurtematte leads the practice and is noted for her experience in corporate tax structuring and estate planning. Isabel Cristina López is also a key contact, alongside newly promoted partners Alejandro Fung and Jeannette Bravo.