Mr Diego Herrera > Galindo, Arias & López > Panama, Panama > Lawyer Profile

Galindo, Arias & López

Work Department

Corporate and Commercial, M&A, Estate Planning, Incorporation Services, Public Procurement, Real Estate.


Partner. Mr. Herrera focuses on corporate law, mergers and acquisitions; serving key players in the financial and industrial sectors.


Diego Herrera has been with Galindo, Arias & López since 1986 and has been recognized for his advice to both national and international businesses in the financial and industrial sectors, as well as telecommunications.

He has led practice groups in mergers and acquisitions of both banks and multinational companies, participated in banking syndicates and stock offerings. He has also played an important role in various processes of financial restructuring.

He led the practice group that advises the Panama Canal Authority in all legal aspects of the Canal expansion project and was a collaborator in the drafting of legislation enacted to promote Commercial Call Centers.

He has supported Pro Bono, a number of NGOs such as the Central American Leadership Initiative Foundation (CALI), the National Association for Nature Conservation (ANCON), the Bio Museum, Glasswing (Crisálida) International Foundation, and Pura Panamá.


English and Spanish


  • International Bar Association

  • Entreprenuers Organzation

  • Club de Golf de Panamá, S.A.

  • Fellow, Aspen Global Leadership Network of The Aspen Institute.

  • Secretary of the Board of Directors, National Association for Nature Conservation (ANCON).
  • Member of the Board of Directors, INCAE Business School.
  • Chairman of the National Committee INCAE Business School of Panama.
  • Member, Bio Museum Development Committee.
  • Co-Founder, Global Shapers Community in Panama, an initiative of the World Economic Forum.
  • Co-Founder and Member of the Board of Directors, Venture Club, the first network of angel investors in Panama.


  • INCAE Business School, Costa Rica (MBA, 1995)
  • Tulane University, New Orleans, Louisiana (L.L.M., 1993)
  • Santa Maria la Antigua University, Panama (Bachelor of Law and Political Science, 1991).



Lawyer Rankings

Panama > Projects and energy

(Leading individuals)

Diego HerreraGalindo, Arias & López

The ‘methodical‘ and ‘dynamic‘ team at Galindo, Arias & López has significant expertise in the financing of energy and infrastructure projects, as well as in public bids for major developments, and also assists with a wide range of regulatory, commercial and corporate matters in the energy sector. It also has a niche specialism in the storage and transportation of petroleum fuels and liquified petroleum gas. The team’s impressive client roster includes financial institutions, venture capital investors, and major construction and energy companies. At the head of the projects team, Salomón Behar focuses on public bids and project finance, while Cristina Lewis de la Guardia leads the firm’s regulatory department and is particularly experienced in the development of renewable energy projects, and the ‘excellentCristina Thayer specialises in government contracts and public procurement. Another key contact in the sizeable team is Diego Herrera, who has extensive experience in project finance and M&A in the energy sector.

Panama > Corporate and M&A

(Leading individuals)

Diego HerreraGalindo, Arias & López

The ‘very solid‘ team at Galindo, Arias & López has wide-ranging experience in corporate matters, advising on major domestic M&A, corporate finance, restructurings – where it has been particularly active recently – joint ventures, and corporate governance and compliance. It has notable strength in advising clients in highly regulated sectors, including telecoms, energy and financial services, as well as the technology, food and logistics industries. In addition, the firm has a strong pro bono offering for non-profit organisations as a signatory of the Pro Bono Declaration of the Americas. At the head of the practice, Diego Herrera focuses on advising large multinational clients on M&A and corporate finance, and Ramón Ricardo Arias has significant strength in M&A and restructurings. They are supported by strong up-and-coming partners Jose Luis Sosa and Beatriz Cabal.

Panama > Banking and finance

(Leading individuals)

Diego HerreraGalindo, Arias & López

Knowledgeable, experienced, pragmatic and efficient‘, Galindo, Arias & López has notable experience in financial services regulatory compliance, project finance and asset finance, with particular niche expertise in financings in the aviation sector. It also advises on syndicated loans, debt refinancing, and leveraged and acquisition finance, acting for both lender banks and financial institutions and corporate borrowers, particularly in highly regulated sectors (including energy, aviation, real estate, telecoms and insurance). The practice is led by regulatory specialist Roberto de Araujo López and Salomón Behar, who focuses on project and real estate finance. Diego Herrera, who is experienced in advising international clients, as well as in project finance, and aviation finance expert Cristina Lewis de la Guardia are also noted members of the team.