Delvalle, Escalona, Levy & Corró

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Delvalle, Escalona, Levy & Corró is establishing a strong foothold in the Panamanian market, serving as an ‘indispensable resource’ for both domestic and international clients. The team advises on a steady stream of M&A and corporate restructurings, with an emphasis on transactions relating to distressed assets held by local financial institutions, particularly in the real estate sector. Founding partners Alberto Levy (whose practice spans M&A, commercial and real estate matters), Diego Corró (a name to note for the financial and real estate sectors), Felipe Escalona (a specialist in aviation) and Ricardo Delvalle (who focuses on the regulatory space) lead the practice.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Practical, fast and efficient. They go the extra mile without charging for each move and they are reasonable with the client. I consider them an indispensable resource. I have recommended them to many people who have used them and will not change.’

  • ‘Tremendous people - they are eloquent, respected by others in the market and always available to assist us, acting with a sense of urgency as if the issues were theirs. They understand all aspects of their clients' businesses, and their service and advice goes beyond the legal issues.’

  • ‘The team stand out for their attention to detail and clarity in their written communications, meetings and recommendations.’

  • ‘Accessibility and availability.’

  • ‘They are agile, available at all times, effective and direct.’

  • ‘Youth, energy, availability and efficiency.’

Key clients

  • Petróleos Delta
  • BYD
  • Turkish Airlines
  • Abbott Laboratories
  • AerCap
  • InDrive
  • The Oxford Schools
  • Gategourmet
  • Inversiones Centro Americanas (ICASA)
  • Norfolk Capital Advisors

Work highlights

  • Assisted Norfolk Capital Advisors in the due diligence process, negotiations, structuring and execution of agreements pertaining to the acquisition of a distressed real estate development project consisting of a skyscraper in Panama City.
  • Advised IEH International on the acquisition of 100% of the shares of the J3 Corp companies to expand its network of laboratories and consulting firms.
  • Advised Colliers Caac (an affiliate of Grupo Siuma) on the acquisition of the Costa Rican assets of a subsidiary of Colliers Canada, and on the assignment of a sublicence agreement giving the client the licence for Colliers in Costa Rica.

Lawyers

Practice head

The lawyer(s) leading their teams.

Alberto Levy, Diego Corró, Ricardo Delvalle, Felipe Escalona