Siaska SSS Lorenzo

Arias - Panama

Managing Partner

Panama City

+5072821400

Highly regarded

Spanish
English
Portuguese (intermediate)


Bar admissions:

Panama

Jurisdictions:

Panama

Practice areas:

Banking
Capital markets

Industry sectors:

Aviation
Energy
Media
Social infrastructure
Technology and telecommunications
Transport


Siaska has extensive experience in Labor, Data Privacy, Competition and Compliance, Telecommunications, Energy and Infrastructure, Concessions, Public Offers and Privatizations, as well as Administrative Law; He has experience in Anti-Corruption and Corporate issues, advising national and multinational companies.

She was a Partner for 21 years in a renowned firm in Panama, in charge of management issues before government offices, executive and mortgage collections in the Litigation department, and was a lawyer advising foreign investors in the main privatizations in the areas of energy, water, sugar mills. , cements, among others.

Regarding Telecommunications, he led the team that drafted the Telecommunications Framework Law in Panama and its respective Regulatory Decree in 1995.

From 2005 to 2009 she was the first woman Director of a national circulation newspaper, La Prensa, the one with the greatest impact on the country's agenda. After her career at La Prensa, Siaska returned to private practice, opening the Arias Panama office in 2011. She has been managing partner since 2016.

  • Represented Spectrum Brands in its labour affairs in Panama regarding its $2 billion global sale of the Ray-o-vac Battery business to Energizer. Provided Legal advice to seller on the transfer of Panamanian sales force of the Battery distribution business in Panama related to Ray-o-vac brand. Siaska SSS Lorenzo has assisted on the vendor´s labor due diligence and HR team for the transfer of employees. https://www.businesswire.com/news/home/20190102005527/en/Spectrum-Brands-Holdings-Announces-Closing-Sale-Global Baker & Mckenzie acted as International Legal Advisor
  • Arias Panama (Siaska SSS Lorenzo) represented Spectrum Brands in its labour affairs in Panama regarding its $1.25 billion global sale of the Global Auto Care business to Energizer. Providedlabour legal advice to Middleton-based Spectrum (NYSE: SPB), in its sell of the global auto care business to Energizer Holdings Inc. (NYSE: ENR) of St. Louis in a transaction valued at $1.25 billion. The transaction consists of $937.5 million of cash and $312.5 million of Energizer Holdings equity.
  • Arias Panama (Siaska SSS Lorenzo) represented Spectrum Brands in its labour affairs in Panama regarding its intention to sale its $2.2 billion appliances business. Arias Panama provided labour legal advice and Due Diligence report for Spectrum Brands, who are a major supplier of appliances products including Russell Hobbs, Black and Decker, Kwikset locks, George Foreman grills, and Hot Shot bug sprays. Spectrum Brands placed its appliance business up for sale, expecting to get between $2.2 billion to $2.5 billion for the business. We have assisted on the vendor´s labour due diligence and HR team for the intended transfer of employees. https://www.channelnews.com.au/spectrum-brands-appliance-business-put-up-for-sale/
  • Provided labour legal advice to Telefonica Group in its sale of its Movistar units in El Salvador and Guatemala for $648 million to America Movil (Carlos Slim) Claro brand. Arias Panama has assisted on the vendor´s labour transfer and retention of company employees. https://www.developingtelecoms.com/telecom-business/telecom-operator-news/8269-telefonica-sells-el-salvador-guatemala-units-to-america-movil.html
  • Provided labour legal advice to Telefonica Group in its sale of its Movistar units in Panamá, Costa Rica y Nicaragua to Cable Onda & Tigo a Millicom International Cellular division for $1.65 billion. Arias Panama has assisted on the vendor´s labour transfer and retention of company employees. https://www.globenewswire.com/news-release/2019/02/20/1738821/0/en/Millicom-adds-mobile-to-its-cable-footprint-with-acquisition-of-Telef%C3%B3nica-s-operations-in-Panama-Costa-Rica-and-Nicaragua.html

  • Banking
  • M&A
  • Competition

  • Energy
  • Tech and telecoms
  • Media

  • International Bar Association (IBA)
  • Panamanian Bar Association

  • Bachelor's degree in Law and Political Science (summa cum laude) from the Santa María La Antigua University (USMA) of the Republic of Panama, graduating first with honors.
  • Harvard University Master's Degree (LL.M.)
  • He is a neutral arbitrator of the International Center for Dispute Resolution of the American Arbitration Association (AAA - ICDR), Miami-Florida, United States.
  • He is a qualified arbitrator for NAM (National Arbitration & Mediation), New York, United States.
  • Certified as an Arbitrator from the Panama Chamber of Commerce.
  • Certified public English/Spanish translator.