Ms Cristina Lewis de la Guardia > Galindo, Arias & López > Panama, Panama > Lawyer Profile

Galindo, Arias & López

Work Department

Aviation; Banking & Finance; Corporate & Commercial; Capital Markets; Project & Assets Finance; Regulatory.


Partner. Ms. Lewis’ practice focuses on commercial and administrative law, particularly in the areas of aviation, capital markets, mergers and acquisitions and energy.


Cristina Lewis has excelled advising market participants in aircraft and engine acquisition, finance and leasing, corporate, commercial and operational matters, and regulatory compliance. Cristina stands out for her effective counsel in M&A processes, public offerings, and securities regulation, and has been recognized as a prominent lawyer in the field of energy for her role in the development of renewables projects.


English and Spanish


  • International Aviation Women’s Association (IAWA)
  • Women in the Profession (WIP) – Panamanian Representative to the International Steering Committee of the Vance Center
  • Fundación WIP Panamá
  • International Bar Association


  • Tulane University (Juris Doctor, Cum Laude, 1997)
  • Gettysburg College (B.A. Political Science and Latin American Studies, Magna Cum Laude, 1994)

Lawyer Rankings

Panama > Transport: Aviation

(Leading individuals)

Cristina Lewis de la GuardiaGalindo, Arias & López

Galindo, Arias & López is renowned for its expertise in aviation finance, with clients including Copa Airlines, Panama’s flag carrier, and major domestic and international banks. The team advises on the financing of the acquisition and leasing of aircraft, including multi-jurisdictional transactions, as well as related corporate, regulatory and registration issues. Cristina Lewis de la Guardia chairs the firm’s aviation practice group and regularly advises airlines and financial institutions on the acquisition, finance, leasing and regulation of aircraft. Consultant Daniel Sessa and associate Claudia Juárez are also key members of the group.

Panama > Capital markets

(Leading individuals)

Cristina Lewis de la GuardiaGalindo, Arias & López

Highlighted for its ‘knowledge and agility‘, Galindo, Arias & López regularly advises on public offerings of both debt and equity securities, including cross-border listings. The team focuses on advising issuers, acting for domestic, regional and international corporations from a range of sectors, most notably real estate, telecoms and aviation. The firm also has a strong regulatory compliance practice, assisting with the regulation and operation of foreign entities on the Panama and New York Stock Exchanges. Practice head Roberto de Araujo López is noted for his ‘aptitude‘ in the field, particularly his expertise in securities regulation. Cristina Lewis de la Guardia, who has extensive experience in the structuring and issuance of securities, and senior associate Carla López, who assists with both securities issuances and regulatory compliance, are also key contacts.

Panama > Banking and finance

(Leading individuals)

Cristina Lewis de la GuardiaGalindo, 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.

Panama > Projects and energy

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.