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Pablo Lu

Work +595 (21) 447739
MERSAN Abogados

Work Department

Corporate Civil Administrative and Commercial Law; Intellectual Property




-Cultural Civil and Social Merit in the Degree of Comendator of the Society of Brazilian Problems Studies, 2003. – Degree of “Knight of Magistral Grace” of “Ordo Byzantinus Sancti Sepulchri”, 2.008. – Vicepresident of Securities and Stock Exchange of Asunción S.A. -Legal Counselor of national and international corporations, including Banks. - Board member of national and International companies. – Arbitrator of the List of the Paraguayan Centre of Arbitration and Mediation of the National Chamber of Commerce and Services.


Spanish, English, Portuguese, Chinese


Paraguayan Bar Association, International Bar Association (IBA), Interamerican Bar Association (IABA), Interamerican Association of Intellectual Property (ASIPI), Instituto Paraguayo de Derecho Bancario y Societario.


Graduated in Law from the Law School at the Catholic University of Asunción, February 1999.


Banking and finance

Within: Banking and finance

Mersan Abogados has developed a solid banking and finance practice, handling secured and unsecured loans, capital markets transactions, debt restructurings and project finance. Highlights for the seven-strong team, which is led by Oscar Mersán, Carlos Mersán and Pablo Cheng Lu, included assisting Banco Regional with bond issuances; advising KfW Development Bank on equity and mezzanine financing projects; and counselling the IFC and IIC on project finance matters. Another key instruction was counselling the city of San Francisco on the obtaining of a $60m guaranteed loan from the Inter-American Corporation for the Financing of Infrastructure (CIFI), DEG and the Finnish Fund for Industrial Cooperation. Long-standing clients Banco Itaú Paraguay, Banco do Brasil and Bolsa de Valores also feature on the client list.

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Corporate and M&A

Within: Corporate and M&A

Leveraging its excellent tax expertise, Mersan Abogados is regularly instructed by domestic and international clients, such as Pepsico Paraguay, Citibank, AMX Paraguay and Grupo Cemex, on a wide range of corporate and transactional matters. Recent highlights saw the team advise Sodrugestvo Group on the acquisition of shares in Sarcom, a company that runs port and logistics operations; and obtaining authorization from the national competition authority for the Paraguayan aspects of the Maersk Line / Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft merger. The group is jointly led by Oscar Mersán and Carlos Mersán; other key advisors are Diego Zavala and Pablo Cheng Lu.

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Dispute resolution

Within: Dispute resolution

Commercial disputes, debt collection, tax litigation and arbitration are mainstays for the dispute resolution team at Mersan Abogados. Co-led by arbitration expert Diego Zavala and Pablo Cheng Lu, the team acts on behalf of a variety of domestic and international clients such as Banco Itaú, British American Tobacco and Bolsa de Valores. A recent case involved representing UABL Paraguay in a VAT tax dispute regarding barge-leasing. Another key instruction saw Zavala acting as arbitrator in a breach of contract damages claim between medical products distributor Jack Fack and manufacturer Comercializadora Mallinckrod Chile.

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Within: Tax

Undoubtedly one of the leading tax practices in the country, Mersan Abogados has a wealth of experience in transactional tax matters, tax credit recovery proceedings, tax litigation, tax incentives, double taxation treaties and free-trade zones. The practice group, led by the renowned Carlos Mersán, is also adept at advising domestic and multinational clients on creating tax-efficient corporate structures and joint ventures. Diego Zavala, Pablo Cheng Lu and associate Tomás Mersan Riera are all key advisors. Representative clients include Banco Itaú Paraguay, Citibank, Pepsico del Paraguay and Farmacenter among others.

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    Advertisements featuring statements on the effects of medical treatments are only permissible if they are supported by sound scientific evidence. This was reaffirmed by the Oberlandesgericht (OLG) Frankfurt, the Higher Regional Court of Frankfurt.
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  • BAG – Employers can claw back bonus payments

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  • Unfair contract terms

    The Unfair Contract Terms Law 93(1)/1996 (the “Law”) as amended, implements the EU Directive  93/13/EEC  of 5 April 1993 regime into national law. The objective of the aforementioned legislation is the protection of consumers in the European Union from unfair terms and conditions which might be included in a standard contract for goods and services they purchase. It introduces the notion of ‘good faith’ to avoid any significant imbalance in mutual rights and obligations.
  • Quarterly Update on Trade Defense Cases in Turkey (December 2018)

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    Press release 18th of December 2018
  • Bär & Karrer Advised the Issuer in the Rights Offering of Cavotec SA

    On 10 January 2019, Cavotec SA completed a capital increase by way of a rights offering to its shareholders in the amount of approximately CHF 22.4 million. The Cavotec group, with its Swiss holding company listed on Nasdaq Stockholm, is a leading engineering group that designs and manufactures automated connection and electrification systems for ports, airports and industrial applications worldwide. 80.5% of the shareholders of Cavotec SA exercised their subscription rights in the rights offering. The remaining new shares not subscribed were allotted to investors who had subscribed for shares without subscription rights, pursuant to the allocation procedure described in the prospectus of 6 December 2018. The offer price was set at SEK 13 per share.