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

Galindo, Arias & López‘s sizeable team is regularly involved in high-profile energy and infrastructure projects in the market; areas of expertise include project finance, regulatory issues, public bid processes, procurement and construction. In the energy sector, the team is also experienced in advising on power purchase agreements, M&A involving energy companies, and government authorisations. Clients include domestic and international financial institutions, corporate lenders, investors and developers. The practice is led by Salomón Behar, who has extensive experience in the development and financing of energy, real estate and infrastructure projects; Cristina Lewis de la Guardia, who has expertise in renewable energy projects; and public procurement expert Cristina Thayer. Diego Herrera, who is highly regarded for project financing, is another key contact.

Panama > Corporate and M&A

(Leading individuals)

Diego HerreraGalindo, Arias & López

The ‘market-leading‘ team at Galindo, Arias & López has extensive experience in M&A transactions, including in the telecoms, retail and food industries, often with a multi-jurisdictional element. It also advises on corporate finance, restructuring, joint ventures and capital markets transactions. The team’s client base includes international companies and leading domestic players. Diego Herrera, who is particularly experienced in corporate finance, leads the practice jointly with Ramón Arias, who is noted for his expertise in the energy, aviation and finance sectors. The team was also strengthened at the partnership level by the promotions of the ‘excellentJose Luis Sosa and Beatriz Cabal, who ‘has a lot of expertise in corporate transactions and restructurings‘, in January 2020.

Panama > Banking and finance

(Leading individuals)

Diego HerreraGalindo, Arias & López

The ‘always available‘ team at Galindo, Arias & López advises on syndicated loans, M&A financing, asset and project finance, and financial regulation, with a niche expertise in highly regulated industries, including aviation, telecoms and energy. Its client base includes domestic and international financial institutions and corporations. The practice is led by Roberto de Araujo López, who is known for his expertise in regulatory law, and head of project and asset financing Salomón Behar. Other names to note include aviation finance specialist Cristina Lewis de la Guardia and Diego Herrera, who is experienced in complex project finance.