News Releases

Baker Botts Advises Liberty Latin America on its Acquisition of Claro Panamá


Deal Description: Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced that its 49%-owned subsidiary Cable & Wireless Panamá S.A. (“Cable & Wireless Panamá” or “Más Móvil”), has agreed to acquire América Móvil S.A.B. de C.V.’s (“AMX”) operations in Panama (“Claro Panamá”).

The acquisition by Liberty Latin America is subject to certain customary closing conditions and is expected to close in the first half of 2022.

Baker Botts acted as legal advisor to Liberty Latin America.

The company’s press release can be found here.

Baker Botts Lawyers/Office Involved:

Corporate: Jonathan Gordon (Partner, New York), Jim Marshall (Partner, Houston), Grace Matthews (Senior Associate, Austin), Carlos Marquez (Associate, Washington, D.C.), Charlie Gili (Associate, New York)

Tax: Jon Lobb (Partner, Houston), Peter Farrell (Senior Associate, Washington, D.C.)

Antitrust: Paul Cuomo (Partner, Washington, D.C.), Matt Adler (Senior Associate, Washington, D.C.)

Employee Benefits: Krisa Benskin (Special Counsel, Houston), Gabriela Alvarez (Associate, Houston)

Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit

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