Practice area
Commercial contracts and transactions in Panama
KRLegal (Keridine | Requena) drafts, negotiates and reviews the contracts that hold your Panamanian operation together: distribution and supply, service agreements, licensing, joint ventures, shareholders’ agreements, commercial leases, financing and security interests. We work both for the side that proposes the contract and for the side that receives it.
What we do
The full contract cycle: structure, drafting, negotiation and closing.
A well-drafted contract is not the one with the most clauses: it is the one that clearly allocates who bears each risk, what happens when something goes wrong and how the relationship ends. That is the standard we apply to every document before you sign it.
When the counterparty is foreign, we also review governing law, forum, currency, security and enforceability in Panama — so that what was agreed can actually be enforced here.
- Distribution, supply and agency agreements
- Service and outsourcing agreements
- Shareholders’ agreements and joint ventures
- Trademark, software and know-how licensing
- Commercial lease agreements
- Financing, guarantees and security interests
- Confidentiality agreements and letters of intent
- Review and negotiation of the counterparty’s contracts
Who it is for
We mostly work with:
Companies entering the Panamanian market through distributors or local partners
Businesses standardizing their commercial contracting
Partners formalizing their relationship before the business grows
Companies negotiating with counterparties abroad
Frequently asked questions
- Do you review contracts drafted by the counterparty?
- Yes — it is a large part of our transactional work. We flag the specific risks, propose alternative wording and support you through negotiation until signing.
- Do you work on contracts in English?
- Yes. We draft and negotiate in Spanish and English, and prepare bilingual versions when the deal involves a parent company or a foreign counterparty.
- What is a shareholders’ agreement and when do I need one?
- It is the contract that governs the relationship between owners: decision thresholds, how partners join and exit, profit distribution, deadlock resolution and what happens if someone wants to sell. It should be signed while the relationship is good — not once there is a dispute.
- Can you advise if the contract is governed by foreign law?
- Yes. We advise on the Panamanian side — enforceability, security, local requirements and regulatory effects — and coordinate with counsel in the jurisdiction that governs the contract.
About the firm
KRLegal (Keridine | Requena): a Panamanian business law firm — corporate, transactions, M&A, real estate and immigration — part of the same group as the real estate agency BROKRS.