Alemán Cordero Galindo & Lee

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Aleman, Cordero, Galindo, and Lee (Alcogal) is a highly reputable law firm that provides comprehensive legal services in banking and finance, M&A, litigation, offshore services, and other business-related matters.

At our core, we boast extensive proficiency in serving banking institutions and multinational corporations. We take great pride in representing some of the largest foreign and locally owned banks operating within Panama's financial landscape. In addition to our banking expertise, we also excel in handling Mergers & Acquisitions, participating in the largest and most complex M&A transactions in the country. We also have a leading litigation team, providing guidance and strategic counsel to companies and individuals. Alcogal is also a highly experienced energy and telecom in Panama, advising the largest players in the market.

Our reputation for delivering prompt, efficient, business oriented and sound legal advice is well-earned. Our highly skilled attorneys have extensive knowledge and experience in Panamanian law, ensuring that our clients receive exemplary representation.

Banking
Arturo Gerbaud Rafael Marquínezde la Guardia
agerbaud@alcogal.com

• Counsel to The Bank of Nova Scotia in the recent transaction involving the transfer of its banking operations in Colombia, Costa Rica and Panama to Banco Davivienda.  The transaction is expected to be completed in approximately 12 months. As part of the transaction, Scotiabank will receive an approximately 20% interest in the new combined entity. The integration will strengthen Banco Davivienda, increasing its total assets to around $60 billion and improving its position in the Latin American market.  This comprehensive service has been led by partners Arturo Gerbaud and Rita de la Guardia, with the valuable support of the Rafael Amar associate and the outstanding participation of partner Jorge Federico Lee, the Leopoldo Padilla associate and the junior associate Victoria Castro.  This agreement represents a significant milestone in the regional banking landscape and underscores Alcogal's commitment to excellence in legal and financial advice.
• Advised on the structuring of the financing for Grupo Nutresa in Colombia, a transaction valued at USD 2 billion.  Grupo Nutresa is one of the leading conglomerates in the food sector in Latin America, with operations in more than 14 countries and a presence in more than 80 markets.  This transaction involved the participation of partners Arturo Gerbaud and Patricia Cordero, associate Rafael Amar and junior associate Lilah Levin.

Patricia Cordero
pcordero@alcogal.com

• Advising BAC International Bank, Inc. in the closing of an international syndicated financing for USD 500 million, the most significant in its category in the history of Panamanian banking.   The transaction, structured with the participation of SMBC, JPMorgan and Wells Fargo, reaffirms the global market's confidence in BAC's strength and in the economic dynamism of Central America. Alcogal's legal team, led by our partners Patricia Cordero and Rafael Marquinez, strategically accompanied BAC throughout the process, providing key advice on the structuring and legal execution of the transaction, which not only strengthens the bank's financial position, but also contributes to the growth of strategic sectors in the region.
• Advised on the structuring of the financing for Grupo Nutresa in Colombia, a transaction valued at USD 2 billion. Grupo Nutresa is one of the leading conglomerates in the food sector in Latin America, with operations in more than 14 countries and a presence in more than 80 markets.  This transaction involved the participation of partners Arturo Gerbaud and Patricia Cordero, associate Rafael Amar and junior associate Lilah Levin.

Rafael Marquínez
rmarquinez@alcogal.com

• Advising BAC International Bank, Inc. in the closing of an international syndicated financing for USD 500 million, the most significant in its category in the history of Panamanian banking. The transaction, structured with the participation of SMBC, JPMorgan and Wells Fargo, reaffirms the global market's confidence in BAC's strength and in the economic dynamism of Central America. Alcogal's legal team, led by our partners Patricia Cordero and Rafael Marquinez, strategically accompanied BAC throughout the process, providing key advice on the structuring and legal execution of the transaction, which not only strengthens the bank's financial position, but also contributes to the growth of strategic sectors in the region.

M&A
Alejandro Ferrer
aferrer@alcogal.com

• Advisors to CPKC and Lanco Group/Mi-Jack in the sale of Panama Canal Railway Company to APM Terminals. Since the beginning of the concession in 1998, we have provided accompaniment to the company, advising them on all their legal needs, which is a testament to our commitment and dedication. We congratulate Panama Canal Railway for its contribution to the logistics development of Panama and APM Terminals, a leading global company that we are sure, will be key in the efforts to consolidate Panama as one of the great logistics centers. We thank our partners Alejandro Ferrer, Jaime Castillo, Jorge Federico Lee, Raúl Borrell Azcárraga A. and Rita de la Guardia, as well as the associates Diego Anguizola, Rafael Amar and Victoria Castro, for their effort and collaboration in this.

M&A
Rita de la Guardia
rdelaguardia@alcogal.com

• Counsel to The Bank of Nova Scotia in the recent transaction involving the transfer of its banking operations in Colombia, Costa Rica and Panama to Banco Davivienda. The transaction is expected to be completed in approximately 12 months. As part of the transaction, Scotiabank will receive an approximately 20% interest in the new combined entity. The integration will strengthen Banco Davivienda, increasing its total assets to around $60 billion and improving its position in the Latin American market. This comprehensive service has been led by partners Arturo Gerbaud and Rita de la Guardia, with the valuable support of the Rafael Amar associate and the outstanding participation of partner Jorge Federico Lee, the Leopoldo Padilla associate and the junior associate Victoria Castro. This agreement represents a significant milestone in the regional banking landscape and underscores Alcogal's commitment to excellence in legal and financial advice.

• Advisors to CPKC and Lanco Group/Mi-Jack in the sale of Panama Canal Railway Company to APM Terminals. Since the beginning of the concession in 1998, we have provided accompaniment to the company, advising them on all their legal needs, which is a testament to our commitment and dedication. We congratulate Panama Canal Railway for its contribution to the logistics development of Panama and APM Terminals, a leading global company that we are sure, will be key in the efforts to consolidate Panama as one of the great logistics centers. We thank our partners Alejandro Ferrer, Jaime Castillo, Jorge Federico Lee, Raúl Borrell Azcárraga A. and Rita de la Guardia, as well as the associates Diego Anguizola, Rafael Amar and Victoria Castro, for their effort and collaboration in this.

• Asset finance
• Banking
• Capital markets: Debt
• Capital markets: Derivatives
• Capital markets: Equity
• Capital markets: High yield
• Financial services regulatory
• Financial restructuring
• Investment funds
• M&A
• Private equity funds
• Project development
• Project finance
• Real estate finance
• Real estate funds
• Securitisation
• Restructuring and insolvency
• Structured finance/securitisation

• Accounting
• Banking
• Construction and materials
• Consumer goods and services
• Energy
• Financial services
• Natural resources
• Real estate
• Shipping
• Technology and telecommunications
• Transport
• Utilities

Bahamas
ALEMAN, CORDERO, GALINDO & LEE (BAHAMAS) LIMITED

Winterbotham Place
Marlborough & Queen Streets
P.O. Box CB 11343
Nassau, Bahamas

British Virgin Islands
ALEMAN, CORDERO, GALINDO & LEE TRUST (BVI) LIMITED

3rd Floor, Yamraj Building,
Market Square,
P.O. Box 3175,
Road Town, Tortola,
British Virgin Islands.

Belize
ALEMAN, CORDERO, GALINDO & LEE TRUST (BELIZE) LIMITED

New Horizon Building, Ground Floor
3 ½ Miles Philip SW Goldson Highway
P.O. Box 1906
Belize City, Belize

Seychelles
APEX CORPORATE SERVICES (SEYCHELLES) LIMITED
Second Floor, The Quadrant
Manglier Street
PO Box 309
Victoria
Mahe, Seychelles

Hong Kong
APEX CORPORATE SERVICES (HK) LIMITED

Room 1501, 15/F, Prosperity Tower
39 Queen´s Road Central, Hong Kong

Singapore
APEX CORPORATE SERVICES (SINGAPORE) PTE. LTD.

16 Stanley Street, Level 3
Singapore 068735

New Zealand
APEX TRUST (NZ) LIMITED

60 Tinakori Road, Thorndon
Wellington 6011
New Zealand