Palacios, Prono & Talavera > Asuncion, Paraguay > Firm Profile
Palacios, Prono & Talavera Offices
JOSE BERGES N° 988
ESQUINA PERÚ
ASUNCIÓN
Paraguay
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Palacios, Prono & Talavera > The Legal 500 Rankings
Paraguay > Corporate and M&A Tier 2
Palacios, Prono & Talavera is a boutique firm that provides clients with advice on a range of corporate matters, from commercial contracts to M&A transactions. The corporate and M&A team has a specialisation in advice to clients in the maritime industry but also assists companies across a range of other ares. The practice has continued to add both national and international clients to its roster recently, including Constructora Heisecke. Carlos Palacios and Raúl Prono jointly lead the team, both specialise in corporate and commercial law, M&A, and civil and commercial litigation, with a particular focus on the agribusiness industry. Leticia Prono focuses on M&A and corporate law, while Maria Julia Palacios is a senior associate specialising in M&A, corporate law and litigation. Associate Gabriela Torio is another name to note.Practice head(s):
Carlos Palacios; Raúl Prono
Testimonials
‘The team has the professionalism and experience from having participated in transactions between local and international companies in different fields.’
‘Its strong point is that senior professionals are involved in the entire process and their experience and pragmatism make collaboration dynamic and efficient. Quick answers and simple solutions because the complex always brings more confusion to the table. Compared with other offices, it stands out for his agility and pragmatism.‘
‘We appreciate their professional and human quality. They are people who treat each other as equals with openness and without qualms.‘
‘Full management of legal regulations and consequently propose different options and approaches allowing the client to decide based on all the information available in this regard. Simplicity in the approaches and applicability to the economic reality of the client’s business.‘
‘The management of the legal framework, predisposition and understanding of the business make communications effective and far-reaching.‘
Key clients
Agrofértil
Agrotec
Complejo Agroindustrial Angostura (CAIASA).
Bunge Paraguay
Cargill Agropecuaria
CHS de Paraguay
CIE
Ecomipa
Eurocar
Pronet
Netel
Tabacalera del Este
Palermo
Grupo Nación y Grupo Multimedia
Cementos Concepción (Cecon)
Bebidas del Paraguay / Distribuidora del Paraguay
Aerocentro
Química Farmacéutica
AMX Paraguay
Impala Terminals Paraguay
Logico Paraguay
Monte Alegre
Mediterranean Shipping Company
Navemar
Paranave
Paramar
Terport
Navegación del Sur
P&O Maritime Services Paraguay
P&O Maritime Holdings
P&O CIL
Profarco
UABL Paraguay (Atria)
Terminal Occidental (Tosa)
Azucarera Paraguaya
Cvale
Casa Boller
Emprendimientos Hoteleros S.A. Hoteles Contemporáneos
Imperial Compañía Distribuidora de Petróleos y Derivados
Constructora Heisecke
Bonus
QSR
Work highlights
Paraguay > Dispute resolution Tier 2
With teams in Asunción and Ciudad del Este, the dispute resolution practice at Palacios, Prono & Talavera has extensive litigation experience, including contractual and corporate disputes, indemnification processes, and executive and mortgage lawsuits for the recovery of loans. The firm has experience with disputes related to the collection of taxes, fines and customs duties, handling proceedings against the National Directorate of Customs before both administrative authorities and the judiciary. The agribusiness sector has been a recent focus, practitioners acting in disputes arising from distribution contracts, and in the shipping sector the team has managed client conflicts with the public administration. Juan Pablo Palacios has significant experience in litigation and arbitration, and focuses on the firm’s shipping and transport clients. He leads the team along with Raúl Prono, who focuses on the agribusiness sector. At the senior associate level, Gabriela Torio and Mirian Vázquez are other names to note.Practice head(s):
Raúl Prono; Juan Pablo Palacios
Key clients
Agrofértil
Agrotec
Complejo AgroIndustrial Angostura (CAIASA)
Cargill Agropecuaria
CHS de Paraguay
Eurocar
Grupo Nación (Gráfica y Editorial Sudamericana)
AMX Paraguay
Lógico Paraguay
Monte Alegre
Mediterranean Shipping Company
P&O Maritime Services Paraguay
P&O Maritime Holdings
P&O CIL
UABL Paraguay (Atria)
Banco Nacional de Fomento
Banco Sudameris
Banco Basa
Seguridad de Seguros
Royal & Sun Alliance
Tecnomyl
Tierra de Negocios
Ingenia
Petroquim
Imperial Compañía Distribuidora de Petróleos y Derivados
Panchita G. de Navegación
Pronet
Compañía Agropecuaria Yguazu
Agropecuaria Campos Nuevos
Farmacia Ideal
Naviera Chaco
Quimfa
Paramar
Work highlights
- Advised Imperial Distribuidora de Petróleos y Derivados and Petroquim on the revocation of a municipal ordinance that imposed restrictions to open new petrol stations in Asunción.
- Assisting Tecnomyl with filing a claim pursuing $3m in attorney fees against an individual following a lawsuit.
- Acting for Agropecuaria Campos Nuevos on a $1.6m mortgage execution to auction an agricultural property owned by its debtor Agroindustrial Tres Fronteras.
Paraguay > Banking and finance Tier 3
Palacios, Prono & Talavera advises key banks in Paraguay, such as Banco Basa and Banco GNB. The banking and financing team also advises corporate clients on various financing structures, such as loan facilities and bond issuances. The group is led by Carlos Palacios and Raúl Prono, who each have more than 4o years of experience in banking and finance matters. Leticia Prono has also taken a lead role in some of the firm’s key transactions. Raúl Prono Zelaya leads the firm’s Ciudad del Este office, handling a number of banking and finance transactions, with a particular focus on the agribusiness industry.Practice head(s):
Carlos Palacios; Raúl Prono
Key clients
Banco Basa
Banco Sudameris
Banco GNB Paraguay
Banco Nacional de Fomento
Seguridad
Royal & Sun Alliance
Providencia
CIE
Cecon
Agrofértil
Trafigura PTE
Agrotec
Bunge
Tecnomyl
Glymax Paraguay
Somax Agro Paraguay
Bunge Paraguay
Stoller Paraguay
Distribuidora del Paraguay
Bebidas del Paraguay
Agropecuaria Campos Nuevos
Work highlights
- Advised Banco GNB Paraguay on its merger by absorption of BBVA Paraguay before the Central Bank of Paraguay and the National Competition Commission.
- Assisted Cecon with a $27.5m corporate bond issuance as part of the financing for the construction of a cement and lime plant.
- Advised Banco Basa on the opening of an insurance company to operate in the Paraguayan market.
Palacios, Prono & Talavera > Firm Profile
The law firm was founded in 1985 by the attorneys Carlos Alberto Palacios Canellas, Raul Prono Tonanez and Liliana Talavera Aponte. Today, the firm’s staff consists of three partners and nine associates. The main areas of practice are: banking and financial law, shipping law, commercial and corporate law, M&A, international trade and commodities, insurance and reinsurance, employment law and environmental law.
Areas of practice
Banking and finance: In the banking and financial counseling sector, Palacios, Prono & Talavera (PPT) has had a long and successful path of legal advice through the years, with a practical knowledge of banking transactions. At the present time, the firm provides consulting services to Banco Amambay S.A. and to GNB Bank, and external services (litigation) to Sudameris Bank SAECA, as well as to other insurance, financial and currency exchange companies. In the past, the firm had clients such as BankBoston and Bank of America, which were represented by the firm until the conclusion of their business in Paraguay.
Commodities and international trade: In the commodities and international trade field, the office has more than 15 years of expertise, working with multinationals and national companies, farmers, manufacturers and traders. The firm provides legal services ranging from financing and trading, to storage, transportation, insurance and end use. For that purpose, the firm has a strategic branch office located in Ciudad Del Este, where commodities companies in Paraguay settle their centers of business.
Shipping: In the shipping law arena, the firm has unparalleled experience in maritime and river law. The law firm is a local reference with specialized lawyers in river transport (Paraguay-Parana Waterway), port state control (custom and administrative law), marine insurance and international maritime regulation. The office gives advice both on dry and wet areas of shipping law and actively represents leading shipowners, charterers, P&I clubs and traders, nationals and from abroad.
Mergers and acquisitions: The last couple of years has shown a great deal of legal business in the M&A sector for PPT. It advised on the acquisition of large national and international companies, including the leading hotel chains in Paraguay, two major payment networks, a soft drink and beer bottler and distributor, one of the biggest petrol storage and dispatchers and the largest media holdings in the country.
Environment: Environmental law also occupies an important space of the office. The firm advises on environmental license issues, compliance, impact and assessment requirements, hazardous waste disposal requirements and air quality issues. It also offers environmental consulting services and advises on meeting goals regarding legal and social requirements of guidelines such as OSHA, ISO or GRI.
Main Contacts
| Department | Name | Telephone | |
|---|---|---|---|
| Corporate, commercial, M&A | Carlos A Palacios Cañellas | ||
| Corporate, commercial, M&A | Raul J Prono Toñanez | ||
| Banking and finance | Carlos A Palacios Cañellas | ||
| Banking and finance | Maria Leticia Prono Zelaya | ||
| Agribusiness | Carlos A Palacios Cañellas | ||
| Agribusiness | Raul Jose Prono Zelaya | ||
| Maritime | Raul J Prono Toñanez | ||
| Maritime | Juan Pablo Palacios Velazquez | ||
| Insurance | Raul J Prono Toñanez | ||
| Insurance | Mirian Graciela Vázquez Piatti | ||
| Labor | Maria Gabriella Torio Bossi | ||
| Litigation | Carlos A Palacios Cañellas | ||
| Litigation | Raul J Prono Toñanez | ||
| Environmental | Rosa Velazquez de Palacios |
Staff Figures
Other fee-earners : 9 Total staff : 12Other
Partners : 3- Corporate and M&A
- Dispute resolution