Parquet & Asociados > Asuncion, Paraguay > Firm Profile

Parquet & Asociados
AZARA 1595

Paraguay > Administrative law Tier 1

Parquet & Asociados specialises in administrative law, with a team that has helped a number of institutions to find solutions to various challenges within the public sector. The team advises public authorities, public and private institutions and multinational companies looking to enter into relations with the public sector. The firm is actively involved in the drafting of bills and reform legislation, as well as laws, decrees and resolutions for various public institutions. The group has experience in infrastructure, in the presentation of PPP by private initiative to the Paraguayan state. The team is led by Javier Parquet Villagra, who has worked extensively with the Paraguayan state and collaborated on the drafting of various statutes and laws. Lucas Corrales specialises in administrative law and has also advised several entities of the Paraguayan state. Associate David Dominguez assists with drafting and advising on major projects, including PPP.

Practice head(s):

Javier Parquet Villagra


The firm compares in terms of people, billing and collaboration.

Javier Parquet has a detailed knowledge of the legislation, a lot of experience and is adept at negotiating.

Lucas Corrales demonstrates knowledge and organisation in the procedural part.

Key clients

Ministry of Finance

Ferrocarriles del Paraguay (FEPASA)

Banco Nacional de Fomento (BNF)

Agencia Financiera de Desarrollo (AFD)

Camara Paraguaya de Desarrolladores Inmobiliarios (Capadei)

Altamira Group

Congress of Paraguay

Gambling – B-Gaming Consortium

National Secretary of Sports / Paraguayan Olympic Committee

Secretaria Nacional de Turismo

Fundación Parque Tecnológico Itaipú – Paraguay (FPTI)


Work highlights

  • Provides daily advice to the Ministry of Finance regarding administrative law matters, and has been appointed as the local counsel for the issuer consistently since 2013, providing legal counsel to the Republic of Paraguay.
  • Drafted the Administrative Procedures Act, which aims to regulate the legal regime of administrative acts and administrative procedure, in order to make it possible to carry out administrative procedures and actions by electronic means.
  • Advised the Paraguayan Olympic Committee and the National Secretary of Sports on the realisation of the XII South American Games Asuncion 2022.

Paraguay > Dispute resolution Tier 3

Clients of Parquet & Asociados' dispute resolution team praise its ‘knowledge and experience‘, particularly in relation to administrative law. The firm focuses on Paraguayan administrative proceedings, especially those related to public procurement, costumes and public tenders. The team also handles national and international arbitration matters, including civil, commercial and investment arbitration. The arbitration group is 'at the forefront of regulations in the field of sports': practice head Javier Parquet Villagra has extensive experience in arbitration and served for eight years as an arbitrator with the Court of Arbitration for Sport. At the associate level, Fabián Gill handles administrative litigation, with a focus on public procurement, and Rocío Benítez has extensive dispute resolution experience.

Practice head(s):

Javier Parquet Villagra


The attention of this team is always optimal. It combines the knowledge and experience of several lawyers to respond to the problems that arise. The experience speaks of a consistent handling of cases and dedication is evident in the work.

The cordial and detailed treatment is remarkable. In addition to professionalism and solvency, there is a lot of dedication to the client and their affairs.

We admire their relationship with people, and collaboration.

Javier Parquet has a lot of experience, detailed knowledge of the legislation and is adept at negotiating.

The firm stands out for its vast experience in administrative law and dispute resolution in this area, designing strategies and providing quick responses to the client’s needs in the various issues assigned to them.

The firm’s lawyers stand out especially for their knowledge and experience in administrative law matters. The precision and level of detail in the analysis and elaboration of arguments and strategies facing the judicial processes that are carried out on behalf of the client in the contentious-administrative jurisdiction are also highlighted.

Estudio Parquet y Asociados is a team of professionals that is permanently at the forefront of regulations in the field of sports, especially in the anti-doping area.

Key clients

International Materials


Asociación Paraguaya de Productores y Exportadores de Carne – Appec

BBanco Nacional de Fomento – BNF


Lumen School

Tribunal Permanente de Revisión – TPR

Tribunal de Apelaciones de la Organización Nacional Antidopaje Paraguay (ONAD)

La Perseverancia District (Distrito La Perseverancia)

Altamira Group

Gambling – B-Gaming Consortium


Work highlights

  • Advising International Materials on its out-of-court attempts to recover the debt owed to it by the National Cement Industry.
  • Advised Telecel on an administrative proceeding initiated by the Secretary of Consumer Defence.
  • Advising Linde on obtaining the required payment from the Ministry of Health and Social Welfare.

Paraguay > Banking and finance Tier 4

Capital markets transactions are a particular focus of the banking and finance team at Parquet & Asociados, which also advises national and international clients on a range of other matters in the area. Creation of trusts, bond issues and banking regulations are among its other fields of strength. Practice head Javier Parquet Villagra has extensive experience advising the Paraguayan state and public entities, including the National Development Bank, and has participated in the drafting of several statues and laws in the practice area. At the associate level, Daniel Artaza has experience in banking regulations, and provides support across a range of transactions. David Dominguez assists with PPP projects and works with the anti money laundering team. Blas dos Santos joined as a senior associate from private practice in September 2022.

Practice head(s):

Javier Parquet Villagra.

Key clients

Ministry of Finance

National Development Bank (BNF)

Oppenheimer & Co.

Altamira Group

La Perseverancia, Pedro Zuccolillo

Paraguayan Chamber of Real Estate Developers (Capadei)

Work highlights

  • Advising La Perseverancia on a guarantee trust in order to expand the funding of a large-scale real estate development project in Paraguay.
  • Advised Capadei on compliance with money laundering prevention regulations pertaining to its role in the real estate market.
  • Providing legal counsel to the Republic of Paraguay in the sovereign bond emission of January 2022 of $500m and in the repurchase of the 2023 bond for $212.9m and the 2026 bond for $72.9m.

Paraguay > Corporate and M&A Tier 4

The corporate and M&A team at Parquet & Asociados advises foreign companies on their incorporation into Paraguay, and assists both national and international clients with the development of businesses and commercial transactions. The public sector is one of the firm’s particular areas of expertise, and the team offers advice to companies on their commercial relations with the Paraguayan state. The construction and real estate sectors are particularly rich sources for the firm’s client base. Practice head Javier Parquet Villagra takes the lead role on many of the firm’s construction-related cases. Senior associate Blas dos Santos, who joined the firm from private practice in September 2022, has extensive experience in large investment deals, buyouts, distressed corporate transactions, cross-border acquisitions and day-to-day corporate advice.

Practice head(s):

Javier Parquet Villagra

Key clients

La Perseverancia, Pedro Zuccolillo

Altamira Group.


Paraguayan Association of Meat Producers and Exporters (Appec)



Ark Studio



Spanish Chamber of Commerce

Work highlights

  • Advising La Perseverancia on the execution of a real estates development, quoted at approximately $200m.
  • Assisting Appec with the drafting of bylaws, internal regulations, opinions and contracts.
  • Advising Altamira on all corporate matters.

Parquet & Asociados is regarded as one of the most important firms of the Paraguayan legal market. With over 60 years of experience, Parquet is renowned for the quality and promptness of its services. Focusing on state-related matters, Parquet is unparalled in advising governmental agencies, multilateral credit institutions, and privately owned corporations related to the Paraguayan state. Despite its government-oriented focus, Parquet also has ample experience in providing counsel to both national and foreign investors.

Parquet’s highly qualified team is composed of one partner and seven associates. Several of the professionals in Parquet have obtained undergraduate and postgraduate degrees in prestigious universities, and have working experience abroad in multilateral institutions. The firm’s team strives to deliver top-notch legal services which meet the standards set out in international practice. Above all, it focuses on satisfying clients’ needs by providing responsive and efficient solutions suited for the Paraguayan jurisdiction.

Parquet advises several state-owned agencies, including governmental financial entities, multilateral institutions in operations with sovereign and quasi-sovereign entities of the Paraguayan state, and private entities in state-related matters. Moreover, Parquet provides services to national and foreign privately owned corporations in non-governmental matters, including several Fortune 500 companies. Among its areas of expertise, Parquet specializes in banking, finance, capital markets, public procurement, regulatory matters, mergers and acquisitions, corporate, telecoms, aviation, construction, pharmaceuticals, litigation, and arbitration, including commercial, investment and sports arbitration.

Parquet is a member of Ontier Global, a network of law firms extending throughout South America, Europe, and Asia. Holding true to its motto, Ontier prides itself in being a ‘global firm with a local spirit’, providing legal services in operations over multiple jurisdictions, yet retaining proximity to clients’ needs.

Department Name Email Telephone
Administrative Law Javier Parquet +59521200255
Banking and Finance Daniel Artaza +59521200255
Corporate and M&A Lucas Corrales +59521200255
Dispute Resolution Jose Grassi E: +59521200255
Dispute Resolution Fabian Gill +59521200255
Telecommunications Rocio Benitez +59521200255
Photo Name Position Profile
Rocio Benitez photo Mrs Rocio Benitez Senior Associate
Lucas Corrales Fernandez photo Mr Lucas Corrales Fernandez Senior Associate.
Fabian Gill photo Mr Fabian Gill Senior Associate
Jose Grassi Pampliega photo Mr Jose Grassi Pampliega Senior Associate
Javier Parquet Villagra photo Mr Javier Parquet Villagra Partner.
Partners : 1
Associates : 7
Paralegals : 4
Other fee-earners : 9
Total staff : 21
English (fluent)
Acquisition International (AI)

Parquet & Asociados is a modern workplace in which equality and diversity matters a great deal. The Firm creates a work environment that is inclusive and diverse by approaching challenges from a variety of perspectives that the team of professionals contributes from their different life experiences.

Parquet & Asociados is one of the law firms that has embraced diversity: welcoming different thoughts and new approaches. This commitment creates a healthy work culture which improves teamwork and the firm’s growth.

Particularly, the Firm stands out for starting a team of professionals’ form of different age ranges, connecting the senior generation together with the younger one. In this way, the Firm provides to the youngers the opportunity to work and learn from the seniors, resulting in a modern and personalize legal assistance to clients. By this opportunity, the seniors mentor the younger associates to develop relationships with the clients and serve in leadership roles. This work philosophy provides a unique level of excellence of the Firm´s legal services.

The Firm also fosters an inclusive and equality work environment, fighting against discrimination of any kind. Most recently, the Firm has recruited law firm students of diverse backgrounds and from different cultures. The Firms hiring policies aim at expanding its candidate pool. The Firm efforts focus on preparing and promoting future attorneys of diverse backgrounds, irrespective of their sex, age, ideology and sexual preference.

Parquet & Asociados strives to be an open, safe and welcoming role model for all students, faculty, staff and others in our extended community. The result of our commitment is a diverse team unified by a single purpose: assisting our clients through the practice of law.

CLIENT: Aldo Rodriguez.
COMPANY/FIRM: Paraguayan Central Bank (Banco Central del Paraguay) – BCP
TESTIMONIAL: Parquet & Asociados has provided external advice to the BCP on issues related to the national financial system, the international investment reserves and other issues. These matters, due to their complexity, require a high degree of specialization and professional quality, attributes that the law firm “Parquet & Asociados” amply meets.

The services provided by the firm have been highly satisfactory. The firm issues opinions of high technical quality and in a reasonable time, in addition to the predisposition of all its professionals to provide legal advice whenever such assistance is required.

CLIENT: Olten Abreu.
COMPANY/FIRM: International Materials Inc. – IMI
TESTIMONIAL: The Law Firm Parquet & Asociados has adapted to our needs, prioritizing our interests and benefits. Parquet’s level of professionalism and expertise is unparalleled, as is their diligence and problem-solving skills, offering an efficient and satisfactory result.

CLIENT: Alfonso Fernandez.
COMPANY/FIRM: United Nations Development Programme – PNUD
TESTIMONIAL: Regarding the services we received from Parquet I would like to express our highest level of satisfaction for the great professionalism shown at all times, as well as for the agility, diligence and flexibility shown to meet our needs. Finally, I would like to emphasize the capacity to innovate and the pragmatism of the Firm to face the complex problems that we raised but always with an active search for solutions.

CLIENT: Nestor Povigna.
TESTIMONIAL: Parquet Law Firm has developed with total professionalism in all the areas in which we have requested its collaboration. Even exceeding in certain cases our expectations. Making us feel safe and legally protected.

I would recommend them without hesitation, due to our experience with them.

CLIENT: Ruht Bareiro.
TESTIMONIAL: The professionals at Parquet are excellent, with vast experience and knowledge in the subjects we have consulted and required, one of the characteristics that we appreciate the most is that they are always ready to give immediate and timely responses, reasons why we are increasingly loyal as their customers.

CLIENT: María Hilda Lledó.
COMPANY/FIRM: Paraguayan Chamber of Real Estate Developers of Paraguay (Camara Paraguaya de Desarrolladores Inmobiliarios del Paraguay) – CAPADEI
TESTIMONIAL: The comment I can make from the Chamber is that the service of the Law Firm Parquet & Associates in our experience is of excellence, we felt very comfortable and accompanied in the issues that we had to work together; specifically, Money Laundering Prevention Manual and Code of Ethics. Your collaborators are always ready to answer with kindness and efficiency any doubt that the Chamber may have. Thank you very much and we are happy to work with you.