Mr Javier Parquet Villagra > Parquet & Asociados > Asuncion, Paraguay > Lawyer Profile

Parquet & Asociados
AZARA 1595

Work Department

Administrative Law; Corporate and M&A; Banking and Capital Markets; Dispute Resolution;  Competition and Antitrust.




Javier Parquet is the sole partner of “Parquet & Asociados”, a 60-year-old law firm with expertise in the Paraguayan legal market. Javier’s ample expertise in public procurement, administrative proceedings, sovereign debt and public agencies has led the Firm to be regarded as foremost experts in Administrative Law.


As mentioned, Javier has advised public agencies and multilateral entities in drafting several key legislative bills, such as the Consumer Protection Law, Competition Act, Administrative Reorganization and Fiscal Adjustment Act, Public Procurement Act and its modifications, Public Financial Administration Act, Organic Statute of the Financial Development Agency, the Law of Liability Management in Public Debt and Administrative Procedure Act.


As well as bill drafting, Javier has advised governmental entities such as: The Ministry of Health, Ministry of Finance, Secretary of Public Procurement, National Customs Office, National Migration Office, National Statistics and Census Office, National Telecommunications Agency, City Hall of Asunción and others. Likewise, we can state owned corporations such as PETROPAR, COPACO, ERSSAN, INC y ANDE, and other Government dependencies, organs and agents.  


Javier has also advised multilateral agencies such as the Inter-American Development Bank, World Bank, IMF, European Community and other international institutions in implementing several projects in Paraguay. For instance, to issue the certificate for sovereign guaranteed operations, analysis and report regarding the assignment of receivables from a public body to private suppliers and the incorporation of the PPP regime in the country.


Another field that stands out in Javier’s career is Capital Markets. Javier has acted as local counsel to sovereign & non sovereign Paraguayan issuers as well as underwriters in Rule 144a/Reg. S bond issuances on a yearly basis since 2013.  Parquet has advised the Republic of Paraguay, the Paraguayan bank “Banco Regional” in their respective bond issuances as well as the American investment bank Oppenheimer which acted as underwriter in Frigorífico Concepción’s bond issuance in early 2020.


Finally, Javier serves as President of the Mercosur’s Permanent Review Tribunal, the highest jurisdictional instance of the Mercosur. Javier has previously acted on behalf of the Paraguayan government as international negotiator before the MERCOSUR, the United Nations, and private international entities.


Spanish; English.


ONTIER International; Ibero-american Forum of Administrative Law (FIDA).


Lawyer, Universidad Nacional de Asunción, 1987.
LL.M- LEGIBUS MAGISTER, Harvard Law School, 1989.
Ciber Law: Internet Legal Boundaries. University of Standford, California, United States of America.
Harvard Law School. Courses on Corporate law.
E- Commerce regulation. Organized by United Nations Conference on Trade and Development 2010.
Graduate Studies Diploma on “International Administrative Law”, Universidad Castilla de la Mancha, Spain, 2018.
Graduate Studies Diploma on “Transparency in Public Procurement”. Universidad Castilla de la Mancha, Spain, 2019.

Lawyer Rankings

Paraguay > Administrative law

(Hall of Fame)

Javier Parquet Villagra – Parquet & Asociados

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.

Paraguay > Banking and finance

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.

Paraguay > Dispute resolution

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.

Paraguay > Corporate and M&A

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.