Litigation and arbitration are essential mechanisms for resolving disputes in commercial, contractual, and civil matters. Globally, litigation is handled in courts, while arbitration is an alternative method that allows parties to resolve conflicts outside of court, with greater flexibility and speed. Both processes ensure the protection of rights, transparency, and fairness in commercial agreements and transactions.
International arbitration, governed by institutions such as the International Chamber of Commerce (ICC) and the Permanent Court of Arbitration (PCA), is especially relevant for multinational companies, as it provides a neutral framework for dispute resolution in international contexts.
Panama, with its strategic position as a center for international business and trade, is a key location for dispute resolution. The country has a robust judicial system and recognized arbitration centers, such as the Panama Center for Conciliation and Arbitration (CeCAP) and the Conflict Resolution Center of the National Bar Association. Furthermore, Panama is a signatory to international treaties such as the New York Convention on the Recognition and Enforcement of Arbitration Awards, which reinforces its attractiveness as a venue for resolving international disputes.
The Panamanian legal framework allows companies to access both judicial litigation and arbitration proceedings, ensuring an environment conducive to the effective resolution of commercial, civil, and labor disputes.
Relevant Industries
LAC Legal has experience in complex litigation and national and international arbitration. The firm combines technical knowledge and negotiation skills to protect its clients’ interests at all stages of the process.
Arbitration Processes.
Civil Processes (Ordinary, Executive, Summary and Special).
Criminal Proceedings.
Maritime Processes.
Administrative Processes.
Proceedings Before Justices of the Peace.
Resources for the Protection of Guarantees.
Resources of Unconstitutionality.
