Sigfrido Gross Brown > Estudio Jurídico Gross Brown > Asuncion, Paraguay > Lawyer Profile

Estudio Jurídico Gross Brown

Work Department

Corporate and M&A, Banking and finance




Sigfrido is Partner in the corporate and finance groups of our Firm. He rejoined the Firm after ten years practicing in the United States and Spain, at firms such as Shearman & Sterling LLP (New York), and Freshfields Bruckhaus Deringer LLP (Barcelona). He has a strong M&A practice, including share and asset purchase, as well as joint ventures. In his role as a senior lawyer for major international firms, Sigfrido has regularly lead teams in cross border transactions both as deal counsel and as local counsel. Sigfrido is the author of the book “Payment Systems” (2015 – Editorial La Ley) and the article “Understanding the Business Judgment Rule” (2012 – Revista del Derecho de Sociedades, España).


Spanish, English.


New York State Bar, Barcelona College of Lawyers. 


Harvard Law School (LL.M, 2001), Universidad Católica de Asunción (Attorney at Law, Highest Honors, 1999).

Lawyer Rankings

Paraguay > Corporate and M&A

(Leading individuals)

Sigfrido Gross BrownEstudio Jurídico Gross Brown

The broad corporate and M&A practice at Estudio Jurídico Gross Brown covers the gamut of work in this area, from advising on the life-cycle of a transaction to corporate governance. Senior partner Sigfrido Gross Brown continues to head the practice and maintains an active role, leading on the majority of the team’s workload, while Jorge Rafael Gross Brown is another reference in the market, and has been particularly active recently in corporate reorganisations. Both co-led recent highlight advice to BBVA regarding the sale of 100% of its share capital in BBVA Paraguay to Banco GNB Paraguay for around $270m. Jorge Ignacio Gross Brown has expertise in banking and capital markets, as well as experience in market-leading M&A. In addition to the partners, senior associate Pablo Debuchy is a key member of the team, and is especially adept in the banking and energy sectors, and both Kamila Gimenez and Mauricio Salgueiro are highlighted for their ability to ‘quickly understand the client’s needs.

Paraguay > Banking and finance

(Leading individuals)

Sigfrido Gross BrownEstudio Jurídico Gross Brown

Firmly established as a leading name in the field of banking and finance, Estudio Jurídico Gross Brown assists with every type of financing in the market, from bank lending and structured finance to restructuring and insolvency. The team is also noted for its expertise in capital markets matters, with a recent highlight seeing practice co-head Sigfrido Gross Brown counselling Citigroup Global Markets, Goldman Sachs, Itau BBA USA Securities and Santander Investment Securities as joint book-runners on an issuance of $1bn 4.950% bonds due 2031 by the Republic of Paraguay for the implementation of Covid-19 measures. Senior partner Jorge Rafael Gross Brown is a go-to contact for many of the firm’s banking clients; and Jorge Ignacio Gross Brown, who has strong experience working on some of the country’s most significant project financings, makes up the trio heading the practice. An impressive pool of associates assists the partners, with Mauricio Salgueiro, Pablo Debuchy and Sol Ávalos being very active across a range of mandates in 2020.