Cabal, Beatriz

Beatriz Cabal joined the firm in 2008 and since then has focused her practice in the areas of Corporate and Commercial (Mergers and Acquisitions), Regulatory and Government Contracts and Public Procurement; specializing in the Telecommunications, Media and Technology, Energy, Retail and Wholesale, and Pharmaceutical industries.

In the Corporate and Commercial area, she routinely advises local and multinational companies in the start-up or deployment of their operations in Panama, which includes obtaining local permits, negotiating contracts, related accessory legal procedures and structuring the business through Panamanian companies.

Also within the Corporate and Commercial area, she specializes in local and international M&A transactions, representing buyers, sellers and targets in a wide range of industries. She leads and coordinates Due Diligence processes of companies established in the Republic of Panama, as well as negotiating and drafting contracts for the sale of shares, purchase and sale of assets and other related contracts in this matter.

Regarding the Regulatory area, she represents some of the main companies in the Telecommunications and Media (TV / Internet / Cellular), Energy and Pharmaceutical industries, in a multitude of regulatory procedures before different governmental entities, in addition to advising the main international search engine on data protection and information and communication technologies.

Finally, with regards to the area of Government Contracts and Public Procurement, she regularly advises multinationals interested in participating in public procurements for large-scale public works in the Republic of Panama.

Beatriz regularly publish and is an active member of the International Association of Young Lawyer (AIJA).


  • Panama Country Overview – Chambers & Partners, 2019
  • “Regulating personal data protection in Panama”- Data Protection Leader, 2016
  • “Doing Business in Panama” – IFLR1000, Financial & Corporate, 2016
  • “Limitation of the Bearer’s Stock” – IFLR1000 Review, 2015




  • Inglés
  • Español
  • Educación

    • Dual Degree LL.M in Law and Global Economy with a Specialization in US and Asian Business and Trade Law, New York University School of Law and National University of Singapore, Singapore (2008)
    • Postgraduate Degree with a Specialization in Labor Law, Summa Cum Laude, Universidad Santa María La Antigua, Panama (2008)
    • Bachelor of Law and Political Science, Magna Cum Laude, Universidad Santa María La Antigua, Panama (2006)


    • Certified Public Translator (English and Spanish)


    • National Association in Young Lawyers
    • Panamanian Association of Business Executives
    • Panamanian Institute of Law and New Technologies

    Información de Contacto

    Tel: +507 303-0303
    Fax: +507 303-0434

  • GALA advised Millicom

    November 8, 2018

    GALA advised Millicom LIH, S.A. in the acquisition of an 80 percent stake in Cable Onda

  • Advised BCT

    GALA advised Corporación BCT, S.A in the adquisition of Balboa Bank & Trust Corp and its subsidiries and the subsequent withdrawal of the corporation from OFAC’s List.

  • Advised Importadora Maduro

    GALA advised Importadora Maduro, S.A. in the stock sell process and the subsequent withdrawal rom OFAC’s List.

  • Advised Liberty Global

    GALA advised to Liberty Global in the local regulatory aspects of the acquisition of Cable & Wireless Communication PLC, and therefore, its operations in Panama.

  • Spin-off of Pharmaceutical Business

    January 14, 2014

    Galindo, Arias & López advised Covidien PLC in the Spin-Off of its Pharmaceutical Business in the Republic of Panama. Organization of Mallinckrodt entities in the Republic of Panama and advice…

  • Personal Data Protection Law

    April 2, 2019

    On March 26, 2019 Law 81 was approved which establishes the principles, rights, obligations and procedures that regulate Personal Data Protection; it will come into effect as of 2021. Said…

  • Bearer Shares Limitations

    August 26, 2015

    In a move designed to further discourage the use of bearer shares in the Republic of Panama, the Panamanian Superintendency of Banks issued, on December 2nd, 2014, the General Resolution…

  • Corporate Spin-Off in Panama

    May 15, 2013

    Until recently, when our clients inquired about the steps to complete a spin-off of a Panamanian Corporation, we had to tell them that our Commercial Code and Corporate Law did…