Raul Borrell A. > Alemán, Cordero, Galindo & Lee > Panama, Panama > Lawyer Profile

Alemán, Cordero, Galindo & Lee
Raul Borrell A. photo

Work Department

Maritime and port facilities
Natural resources (oil)
Project Development
Real Estate
Corporate and M&A
Public Tenders and Concession Contracts




  • Partner at Aleman, Cordero, Galindo & Lee (2012 – present)
  • Associate at Aleman, Cordero, Galindo & Lee (2002 – 2012)


  • Spanish
  • English


  • Panama Bar Association.
  • Assistant to the Secretary of the Board, Petroamerica Terminal S.A. (PATSA) (2017-2019).
  • Member of the drafting committee of the Panama General Ports Law (2007-2008).


  • Master of Laws (LL.M.), Duke University, Durham, North Carolina (2002)
  • Bachelor of Law and Political Sciences, Universidad Santa Maria la Antigua, Panama City, Panama (Cum Laude, 2001)

Lawyer Rankings

Panama > Corporate and M&A

Complex M&A, particularly in the banking and energy sectors, is a key area of expertise for the ‘very strong‘ team at Alemán, Cordero, Galindo & Lee, which regularly advises on major domestic transactions as well as cross-border matters. The practice counts both purchasers and sellers, including Panamanian corporations, financial institutions, and regional and international investors with a presence in Panama, among its clients. Arturo Gerbaud, who has significant strength in transactions in the banking sector, and Eloy Alfaro, who is highlighted for his ‘intellect and knowledge‘, lead the practice, while Raúl Borrell and Jaime Castillo bring additional expertise in the gas and energy sectors, respectively, to the team. At senior associate level, Rita de la Guardia stands out for her experience in large M&A deals, and Rafael Marquínez and Patricia Cordero are also noted. Since publication, all three seniors – de la Guardia, Marquínez and Cordero – have been raised to the partnership – effective January 2o22.

Panama > Projects and energy

(Leading individuals)

Raúl BorrellAlemán, Cordero, Galindo & Lee

The financing and construction of transport infrastructure projects is a key area of expertise for the ‘always available‘ team at Alemán, Cordero, Galindo & Lee, which also advises on public tenders and concession contracts. The team is currently advising Grupo Unidos por el Canal, the consortium responsible for the expansion of the Panama Canal, and has also advised operators and construction companies on major ports and highways projects. In the energy sector, the team is particularly active in advising major players in the electricity sub-sector and the energy generation and renewables space, assisting with the development of solar energy projects as well as corporate transactions. Eloy Alfaro, who acts for a number of developers of large-scale infrastructure projects, leads the team with Alejandro Ferrer. Jaime Castillo, who specialises in the energy sector, and Raúl Borrell, who has expertise in project finance, public tenders and concession contracts, are also noted.