Firm profile submitted by Alemán, Cordero, Galindo & Lee
THE FIRM: Alemán, Cordero, Galindo & Lee was established in 1985 and has quickly become one of Panama’s leading law firms in the offshore area as well as in representing large corporations doing business in the country. The firm’s offshore practice is supported by its offices around the world including in the British Virgin Islands, Belize, the Bahamas, Uruguay and Luxembourg, and also by a strong network of correspondents throughout Europe, Asia, the United States and Latin America. In its local practice, the banking department is one of the firm’s main areas of strength. It provides services to most of the large banks established in the country and also represents several foreign banks that have recently applied for a banking licence and have started operations in Panama. The firm also provides legal advice to a large number of companies from various industries, ranging from the largest telecommunication company in the country to companies engaged in port activities, software production, transportation (airlines, railroad and shipping), electric distribution, construction, manufacturing, petroleum distribution, pharmaceutical distribution, banana trading and retail sales, among others. The firm was distinguished as the 2013 and 2015 Panama Law Firm of the Year by Chambers and Partners.
MAIN AREAS OF PRACTICE:
Banking, Capital Markets & Finance: The firm handles a wide variety of banking and finance matters, including the drafting of loan agreements, international securities transactions, initial public offerings and tender offers, and is generally considered to be the leading banking firm in the country.
Corporate & M&A: The firm advises clients on selecting the best alternative to meet their particular needs, taking into consideration tax, regulatory, liability and confidentiality matters. It also provides counsel to clients on the reorganization and restructuring of their operations, and in the drafting of articles of incorporations and bylaws. Furthermore, Alcogal has acted as legal counsel for many corporate and banking mergers.
Energy & Natural Resources: The firm is actively involved in the energy field, advising one of the two main power distribution companies in Panama, as well as important oil companies and power generators, in legal and regulatory matters. With respect to natural resources, Alcogal has been involved in the largest transactions in the country, including several in the mining sector.
Public Tenders & Concession Contracts: From port facilities and tolls roads to the Panama Canal Expansion Project, Alcogal has been involved in every critical step of its clients’ participation in many of Panama’s largest public tenders and in the negotiation of multiple major concession contracts.
Litigation & Arbitration: The firm provides excellent advice and assistance on a wide range of matters before national courts and other forums of dispute resolution. The firm’s litigators have also represented clients in arbitration hearings in the United States and Europe, and have acted as expert witnesses on issues related to Panamanian law in various courts around the world.
Real Estate: Alcogal represents international and domestic clients in the country’s largest and most high-profile real estate transactions. The firm participated in one of the most prolific real estate booms in recent history, and continues to advise clients from every major industry in efficiently and effectively handling “bet-the-company” transactions.
Infrastructure: Alcogal represents industry leaders and world-renowned companies, including both owners and builders, in all types of construction and infrastructure-development projects. The firm advises international and domestic private clients in all aspects of this field, including: tendering and public procurement, joint venture and corporate structures, contract law (including advise under FIDIC and AIA contract forms) and surety law.
Offshore Services: Alcogal offers multi-jurisdictional, tailor-made solutions for its global clientele of corporations, private banks, family offices, private equity, hedge funds and trustees.
INTERNATIONAL WORK: Alemán, Cordero, Galindo & Lee is very experienced in dealing with international clients. It is one of the leading law firms in the country in the banking area and thus has handled many complex financial transactions for foreign banks and corporations. In addition, it represents many of the international companies that submitted winning bids for the purchase of privatised state companies, and has also provided legal assistance to Panamanian companies that have expanded their activities abroad.
LANGUAGES: Spanish, English and French.
CLIENTS: Citibank; Banistmo; Scotiabank; Kraft Foods; The Shell Company; Merck, Sharp & Dhome; Cable & Wireless; Mitsui; Pfizer; Siemens AG; Cisco Systems.; Evergreen International; Chiquita Brands International; Grupo Taca; Grupo Lafise; Bacardi Latinoamerica; Panama Canal Railway Company; Kansas City Southern Industries; Unilever de Centro América; Mi-Jack Products; Petróleos Delta; Constructora Urbana; Organización Cisneros; Elektra Noreste; Empresas Pública de Medellín; Copa Airlines; Grupo Carso; London & Regional; Julius Baer; Grupo Unidos por el Canal; Procter and Gamble; First Quantum Minerals; Celsia; Nestle; Estee Lauder; AES, among many others.