Siaska SSS Lorenzo

Siaska has broad experience in Labor Law, Data Privacy, Competition and Compliance, Telecommunications, Energy and Infrastructure, Concessions, Public Bids and Privatizations, as well as Administrative Law; she has experience in Anticorruption and Corporate matters advising local and multinational companies.

She was Partner for 21 years in a renowned firm in Panama and was in charge of supervising all the governmental procedures and negotiation formalities, collections inside the Litigation department and exercised as adviser of foreign investors in the main processes of privatization in the areas of energy, water, sugar, cements, among others.

In Telecommunications, she directed the group in charge of drafting the General Law of Telecommunications of Panama and its Regulation Decree in 1995, still binding.

From 2005 to 2009 she was Editor-in-Chief of the national newspaper La Prensa, the one with the largest impact on the Panamanian national and political agenda. After her career in the newspaper, she went back to private practice, opening the Arias Panama office in 2011. She has been the 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

• Labour and employment
• Banking and finance
• Corporate and M&A
• Competition/antitrust

• Energy
• Technology and telecommunications
• Media and entertainment

• International Bar Association (IBA)
• Panamanian Bar Association

• Bachelor's Degree in Law and Political Science (Summa Cum Laude) from Universidad Santa Maria La Antigua (USMA) of Panama, First Honor place.
• Masters Degree from Harvard University (LL.M)
• She is Neutral Arbitrator for the International Centre for Dispute Resolution of the American Arbitration Association (AAA-ICDR), Miami-Florida, USA.
• Certified Arbitrator for NAM (National Arbitration & Mediation), New York, USA.
• Certified Arbitrator for the Panamanian Chamber of Commerce.
• Certified Public Translator English/Spanish.