The southernmost country of Central America, the Republic of Panama is home to the Panama Canal – the gateway between the Atlantic and Pacific oceans. Revenue from canal tolls continues to represent a significant portion of Panama's GDP. Panama has the second largest economy in Central America and is the fastest growing economy and the largest per capita consumer in Central America. Panama's economy, because of its key geographic location, is mainly based on a well-developed service sector heavily weighted towards banking, commerce, tourism, and trading. The nation is Spanish-speaking with a population of more than 3.9 million.
Lex Mundi provides coverage in Panama through its member firm Arias, Fábrega & Fábrega (ARIFA). Established in 1914, ARIFA has been at the forefront of the legal profession, advising leading international financial institutions and multinational corporations, as well as some of the largest companies in Panama for 100 years.
ARIFA is a full-service law firm covering 30 practice areas, organized into 14 practice groups and attended by 46 lawyers. More than 75 percent of ARIFA’s lawyers have been educated in leading law schools in the United States and Europe or trained in law firms in New York and other financial centers. The unique background of its legal teams enables the firm to act as a bridge between legal and business cultures and to provide effective legal services to clients, particularly in challenging cross-border transactions.
ARIFA has a distinguished reputation for consistently providing the highest quality legal advice and is recognized for its unparalleled expertise in structuring complex, innovative and sophisticated mergers and acquisitions, and capital market and financial transactions in Panama and Latin America.