Ms Kharla Aizpurua Olmos > Morgan & Morgan > Panama, Panama > Lawyer Profile

Morgan & Morgan

Work Department

Banking and Finance, Securities and Capital Markets, Projects, Mergers and Acquisitions, Compliance and Data Protection, Business and Corporate Law




Ms. Aizpurua Olmos is a Partner in the Corporate Law Department of Morgan & Morgan and focuses her practice advising clients in domestic and cross-border financing transactions. Also, she has been involved on matters pertaining to syndicated lending, project finance, governmental infrastructure projects (including transportation and energy), securitization, public offerings, mergers and acquisitions in services related to the telecommunications sector, compliance and data protection.

As a banking and finance lawyer, Mrs. Aizpurua mainly advises clients in domestic and cross-border financing transactions. She has been involved on matters pertaining to syndicated lending, project finance, governmental infrastructure projects (including transportation and energy), securitization and public offerings. She has ample experience advising banks such as Banistmo S.A. and its subsidiary Banistmo Investment Corporation S.A. (part of Grupo Bancolombia); Credit Suisse; Banesco (Panama), Global Bank Corporation, Global Valores, HSBC, Bank of China, MMG Bank Corporation, BBVA, International Finance Corporation (IFC), amongst others.

Ms. Aizpurua Olmos has been recognized for her professional achievements (Up and Coming) in the first edition of the Latin American Energy and Infrastructure Awards organized by the Iberian Legal Group. In addition, she has been distinguished by Chambers & Partners and Legal 500 for her work in banking and finance, and commitment in diversity and inclusion.

On pro-bono matters, she played a key role in the team responsible for drafting the bill to organize national volunteering in the Republic of Panama and serves as counsellor to different Panamanian NGOs.


She is in the board of directors WIP Panama (women in the legal profession), Panamanian chapter of Women in the Profession Program of the Cyrus R. Vance Center for International Justice of the New York Bar Association.


Ms. Aizpurua Olmos obtained an LL.B. from Universidad Complutense de Madrid, Spain and a LL.M. from the Cornell Law School, University of Cornell, Ithaca, New York, USA.  She has also completed a course in Business Management of NGOs from the University of Louisville in Panama and obtained a certification in Financial Skills for Practice and Management and Merger and Acquisitions from the INIDEM Business School.

Lawyer Rankings

Panama > Banking and finance

(Next Generation Partners)

Kharla AizpurúaMorgan & Morgan

Morgan & Morgan acts for both lenders, including major foreign and domestic banks, and borrowers, advising on a wide range of financial matters. Among the areas of strength for the ‘excellent‘ team are project finance, particularly in relation to energy, mining and infrastructure projects, syndicated lending, banking sector M&A, and regulatory matters. It has additional expertise in insolvency and restructuring, areas which have been particularly active during the pandemic. Inocencio Galindo leads the team, which also includes the ‘committed‘ and ‘accessibleKharla Aizpurua Olmos, who stands out for her strength in domestic and cross-border transactions, Francisco Arias, who has expertise in structured finance and regulatory matters, and project finance specialist Ramón Varela. Senior associate Ana Carolina Castillo is also noted.

Panama > Projects and energy

Morgan & Morgan counts government entities, major domestic and international financial institutions, multilateral development agencies and investment banks among its clients, and has extensive experience in advising on the financing and construction of large-scale infrastructure projects, including transportation, mining and renewable energy developments. In addition, the firm advises on public tenders and government concession contracts. Practice head Ramón Varela specialises in advising on the financing and development of energy projects, including renewable projects, in addition to handling M&A and regulatory issues in the energy sector. Other key contacts include Inocencio Galindo and Kharla Aizpurúa, who have considerable expertise in project finance, Aristides Anguizola, who is particularly experienced in mine development and finance, and senior associate Ana Carolina Castillo, who specialises in financial and corporate transactions and regulatory matters in the energy sector.

Panama > Capital markets

With ‘extensive knowledge‘ of capital markets matters, Morgan & Morgan is experienced in public and private offerings, including cross-border mandates. The team acts for both local and international issuers and underwriters, counting major banks and financial institutions, public entities and private corporations among its clients, and has notable expertise in advising investment funds, particularly real estate investment trusts (REITs). It is also experienced in regulatory matters. Francisco Arias, who has a strong client base of banks and financial institutions, leads the practice with Ricardo Arias, a specialist in the establishment and registration of investment funds and REITs. The team also includes Roberto Vidal, who is experienced in high-yield debt and equity securities offerings, Kharla Aizpurúa and Aristides Anguizola.

Panama > Corporate and M&A

Morgan & Morgan has a broad corporate practice, spanning both domestic and cross-border M&A, joint ventures, restructuring and corporate governance, and is particularly noted for its advice to multinationals on the establishment of headquarters in Panama. Its diverse client base includes banks and financial institutions and companies from the real estate, transport, energy, and food and beverages sectors, among others. In addition, the firm has launched a new practice focused on advising start-ups on developing their businesses, led by Kharla Aizpurúa and international associate Miguel Arias, and offers pro bono services as a member of the Pro Bono Declaration of the Americas. The experienced Francisco Arias leads the team, which also includes Inocencio Galindo, who brings additional banking, mining and tax expertise to the team, Roberto Vidal and Ramón Varela.