Commended by clients for its ‘great all-round service focused on Panamanian real estate’, LOVILL has a broad practice encompassing the sale and acquisition of land, the development of commercial and residential projects, the horizontal property regime, lease agreements, the merger and segregation of plots of land, and the restructuring of the ownership of land. Elizabeth Heurtematte, who divides her time between Panama City and Tokyo, advises a range of national and international companies, family offices and private individuals on real estate matters; she leads the team with Isabel Cristina López. The ‘exceptional’ Alejandro Fung, who is noted for advising on ‘both the commercial and the legal aspects of decisions affecting properties’, was promoted to partner in July 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Excellent time management and client service.'
  • 'Alejandro Fung is a top-notch lawyer who acts with a sense of urgency and delivers practical solutions.'
  • 'A great all-round service focused on Panamanian real estate. Thoroughly professional with quick response times, often over the weekend.'
  • 'Alejandro Fung is exceptional and provides a great service. He considers both the commercial and the legal aspects of decisions affecting properties.'
  • 'Lovill has a small team, which I see as an advantage. The team members (led by Cristina López) work very closely together.'
  • 'We work with Alejandro Fung. He provides an excellent service and well-explained, business-oriented advice, in a very effective manner.'

Key clients

  • Pearl Island
  • Mexichem Panamá/Orbia Group
  • Isthmian Investment Corporation
  • Hacienda San José
  • M&A Capital
  • Urban Developers and Investors
  • Riba Smith
  • Atrio Mall
  • Valor Advisors
  • Blue Playa Venao

Work highlights

  • Advising Pearl Island, the developer and owner of the Pearl Island resort project, on the segregation of land plots for future development.
  • Advising Urban Developers and Investors on all matters relating to the development of residential buildings in Panama City.
  • Advising Blue Playa Venao, the developer of a private residential beach resort in Pedasi, on the sale of villas and apartments.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Elizabeth Heurtematte, Isabel Cristina López