Firm Profile > Alemán, Cordero, Galindo & Lee > Panama, Panama

Alemán, Cordero, Galindo & Lee
2ND FLOOR, HUMBOLDT TOWER
EAST 53RD STREET, MARBELLA
PANAMA CITY
Panama

Banking and finance Tier 1

Alemán, Cordero, Galindo & Lee is one of the leading Panamanian players for banking and finance legal services, handling some of the country's most high-profile transactions. The ten-strong team covers the full array of sector-related work, ranging from advice on syndicated loans, credit facilities and debt structuring, to assistance on real estate and project finance. Banks, financial sponsors, investors and multinationals regularly seek the practice's advice on complex domestic and cross-border transactions as well as day-to-day regulatory advice. Recent standout work saw the team counsel lender Banco General on various matters, such as a $46m financing for the completion of the construction of the Altos del Parque project, and a $38m financing for the construction of a new hospital in Costa del Este. Practice head Arturo Gerbaud led advice to a banking consortium including The Bank of Nova Scotia and Unibank, regarding a $40m secured syndicated loan granted to Evolution Hotel. Highly regarded Eloy Alfaro led the team acting as local counsel to Citibank regarding a loan granted to CrediQ, a Central American company providing vehicle-financing services. Heavyweights Banistmo, Banco Santander Central Hispano and BAC International Bank also feature on the firm's client roster. Associate Patricia Cordero is another name to note.

Corporate and M&A Tier 1

Jointly led by esteemed Alejandro Ferrer and Arturo Gerbaud, Alemán, Cordero, Galindo & Lee's corporate and M&A practice is well regarded in the market, not least because of the team's wide-ranging expertise in sector-related matters. The sizeable department is a regular legal advisor to both purchasers and sellers in complex local and cross-border transactions, and offer a multitude of services related to acquisitions, mergers and share transfers, as well as corporate and regulatory matters. Petroamérica Terminal, Phoenix Tower International, Julius Bäer and Citibank feature on the practice's longstanding client list. Standout work included the team's advice to the Panamanian branch of The Bank of Nova Scotia on its $550m acquisition of Scotiabank (Panama), following its winding-up. The 'very goodEloy Alfaro is highly experienced and also active in the corporate arena, where associate Rita de la Guardia offers key support.

Dispute resolution Tier 1

Alemán, Cordero, Galindo & Lee's dispute resolution team enjoys an excellent reputation among clients and peers alike. The five-partner practice handles a diverse caseload, offering the full-array of services in relation to commercial, civil and administrative litigation, as well as on arbitral matters. Led by Alejandro Ferrer, the 'accessible and responsive' team continues to assist longstanding client Grupo Unidos por el Canal in multiple high-profile construction disputes. Additional standout work saw the 'meticulous' department represent Ideal Panama, as defendant, in a $400m dispute regarding prevailing rights and the termination of a concession contract in connection with the client's role as concessionaire of the Bajo Mina Power Plant project. The highly endorsed Jorge Lee, and recently promoted partners Eduardo Gómez and Jaime Castillo, are additional noteworthy practitioners.

Offshore Tier 1

Alemán, Cordero, Galindo & Lee fields a well-established offshore practice, making it a leading provider of trust, corporate, fiduciary and fund services. The team, co-led by Jaime Aleman and Raúl Zúñiga, offers specialised advice to multinational corporations, investors and high-net-worth individuals on asset management and protection, trust formation, estate planning, private interest foundations as well as fiscal issues. One recent highlight involved assisting Minera Panama in the spin-off of a local company into a subsidiary. The high-profile client base includes Citibank, UBS and Credit Suisse. The practice receives further support from other offices in key international locations like Singapore, the BVI, Belize, Dubai, Switzerland, Hong Kong, Uruguay and New Zealand. Associate Cristina de Alba is another noteworthy practitioner.

Real estate Tier 1

Alemán, Cordero, Galindo & Lee fields a strong real estate practice co-led by partners Lorenzo Marquinez, Eloy Alfaro and the strongly-endorsed Anibal Galindo. The well-established powerhouse offers legal advice to banks, financial institutions and luxury real estate developers on a broad spectrum of sector-related matters, with a recent focus on the financing of commercial, industrial and residential developments. Partner Arturo Gerbaud led advice to Banco General on the $24m financing for the construction of the Arraijan Town Centre mall; the team also represented the same bank in another $34m financing for the construction of a premium beachfront community. In on-going work, the four-partner practice group continues to assist Ideal Living regarding Panama City’s largest mixed golf/residential development project, Associate Rafael Marquinez is also active in the team. Santa María Golf & Country Club. Grupo Verdeazul, Grupo Eleta and Constructora Urbana are other representative clients.

Shipping Tier 2

The maritime and ports facilities' team at Alemán, Cordero, Galindo & Lee regularly assists leading multinationals, domestic companies and financial institutions in a wide range of transactions and admiralty matters related to the construction, acquisition, financing and registration of vessels, naval mortgages and public bids. Anibal Galindo directs a department that is instructed by heavyweights such as Evergreen Marine International, Minsheng Bank, Citibank and Aegean Marine.

 

Aleman, Cordero, Galindo & Lee (Alcogal) was founded in 1985 and has rapidly emerged as one of Panama’s leading law firms. Alcogal strives to grow alongside its clients, which include several Global Fortune 500 companies. Alcogal’s various practice groups are supported by its offices worldwide, and also by its global network of advisers and correspondents.

Main practice areas

Banking and finance: Alcogal is an acknowledged industry leader and has been involved in many of Panama’s largest, most complex financial transactions. The firm represents many leading financial institutions in both international and domestic bank financing, as well as in other forms of acquisition and project financings, including public tender offers, asset purchase financing, ship financing and mezzanine financings.

Corporate structures, and trusts and estates: Alcogal provides its global clientele of corporations, private banks, family offices, private equity funds, hedge funds and trustees with multi-jurisdictional, tailor-made solutions. Under the guidance of some of the industry’s leading practitioners, Alcogal advises clients on the structuring of cross-border M&A transactions, asset management platforms and investment vehicles, as well as wealth and estate planning solutions.

Corporate: Alcogal has participated in many of the landmark commercial transactions in Panama. Alcogal’s skilled team of corporate attorneys and professional staff advises on both domestic and international matters concerning capital markets transactions and securities regulation, joint ventures, real estate, shipping and investment management.

Energy, mining and infrastructure: Alcogal has extensive experience in a variety of domestic infrastructure projects, including ports, canals, bridges, toll roads, tunnels, airports and mass transit. In addition, the team has advised clients in connection with some of the largest domestic transactions in the energy and mining sectors.

Litigation and arbitration: Alcogal’s litigation and arbitration practice is best known for handling its clients’ most important, complex and novel disputes. Its seasoned trial lawyers and arbitration specialists advise on administrative proceedings, appellate litigation, banking and financial services litigation, international arbitration, labor and immigration disputes, mediation and telecommunications litigation, among others.

Mergers and acquisitions: Alcogal has represented international and domestic clients in most of the country’s largest M&A transactions. Riding one of the most prolific M&A waves in recent history, Alcogal represents clients from every major industry in efficiently and effectively handling ‘bet-the-company’ transactions.

Projects and public tenders/bids: Alcogal advises both international and domestic corporations in connection with public tenders/bids, public/private partnerships, BOT, BOOT and various other types of transactions involving the government of Panama (and its various political subdivisions). The firm has recently advised clients in connection with transactions involving airports, telecommunications, toll-roads and various other projects.

Department Name Email Telephone
Banking and finance Arturo Gerbaud E: agerbaud@alcogal.com
Corporate structures, trusts and estates Jaime Alemán H E: jaleman@alcogal.com
Corporate structures, trusts and estates Raul Zúñiga B E: rzuniga@alcogal.com
Energy and infrastructure Carlos Cordero G
Energy and infrastructure Alejandro Ferrer L
Energy and infrastructure E: ccordero@alcogal.com
Litigation Alejandro Ferrer L E: aferrer@alcogal.com
Mergers and acquisitions Eloy Alfaro B
Mergers and acquisitions Arturo Gerbaud
Mergers and acquisitions E: ealfaro@alcogal.com
Mining Alejandro Ferrer L
Project finance Arturo Gerbaud
Public tenders Eloy Alfaro B
Public tenders Carlos Cordero G
Real estate Anibal Galindo N E: agalindo@alcogal.com
Shipping Anibal Galindo N
Telecommunications Alejandro Ferrer L
Telecommunications Carlos Cordero G
Photo Name Position Profile
Dr Jaime Aleman  photo Dr Jaime Aleman
Mr Eloy Alfaro  photo Mr Eloy Alfaro
Mr Jaime Castillo  photo Mr Jaime Castillo
Dra Patricia Cordero  photo Dra Patricia Cordero
Dr Alejandro Ferrer  photo Dr Alejandro Ferrer
Mr Eduardo Gómez  photo Mr Eduardo Gómez
Mr Arturo Gerbaud  photo Mr Arturo Gerbaud
Mr Jorge Lee  photo Mr Jorge Lee
Mrs Sophia Lee  photo Mrs Sophia Lee
 RAUL ZUÑIGA  photo RAUL ZUÑIGA
Dra Rita de la Guardia  photo Dra Rita de la Guardia
Other fee-earners : 18
Partners : 12
Other fee-earners : 21