Firm Profile > Olmedo Abogados > Asunción, Paraguay

Olmedo Abogados

Dispute resolution Tier 1

Under the 'clear leadership' of the experienced trio Sebastian OlmedoJosé Olmedo and Enrique Zacarías, the dispute resolution team at Olmedo Abogados is one of the leading forces in the Paraguayan market. The department covers commercial, banking, employment, damages and criminal disputes, among others. Of particular note is its work instructing local banks and financial institutions, with clients including Banco Regional, Banco Itapua and Financiera Río. Recent work highlights include filing an action before the Supreme Court on behalf of Upisa, seeking a declaratory judgment of unconstitutionality of taxes imposed by a local municipality.


There is clear leadership and the team is well integrated, with each member adding experience and efficiency.

Gustavo Olmedo, Enrique Zacarias and Fernando Gadea have shown a real interest in our cases, bringing their in-depth legal knowledge to the matter. They also have an office in Ciudad del Este.

Key clients

Mota Engil

Banco Regional S.A.E.C.A.

Financiera Río

Banco Nacional de Fomento

Banco Itapua

Nuestra Señora de la Asunción

De la Sobera Hnos

Caterpillar Leasing

Puma Energy Paraguay


Administrative law Tier 2

The administrative law department at Olmedo Abogados provides specialist legal advice to public-sector entities, private enterprises and individuals in all types of transactions that have an impact on the public arena. Services include contentious administrative proceedings, permit applications for regulated activities, drafting reports and legal opinions, public tenders; and expropriations and seizures, among other areas. Practice heads Gustavo Olmedo and José Olmedo have experience in drafting nationwide commercial and administrative laws, and the team is particularly noted for its work on contentious matters in this area.

Banking and finance Tier 2

Drawing on the expertise of five partners, the team at Olmedo Abogados is instructed by banks, financial institutions and government bodies on the full spectrum of banking and finance operations. The practice was established over 25 years ago and has substantial experience in structuring and closing sophisticated, complex transactions for clients. Among recent key matters was its advice to Banco Continental on the Bioceanico project in its capacity as fiduciary, and advising Banco Regional as lender and issuer in a guarantee agreement for financing a portion of a highway construction project. Senior partner Gustavo Olmedo is one of the country's most renowned banking litigators and his fellow practice head Graciela Royg has extensive expertise in capital market transactions. José Olmedo and Ana Peña also help lead the team and are key contacts.

Key clients

Grassroots Business Funds

Banco Rio

Banco Continental

Banco Regional

Feller Rate, Calificadora de Riesgos

Financiera Paraguayo Japonesa

Interfisa Banco

Banco Itapua

CAT Financial Chile


Environment Tier 2

Olmedo Abogados fields a team of five lawyers in environmental law, advising on environmental liability issues; the development and execution of environmental plans; and obtaining licenses, permissions and authorisations from municipal and governmental authorities. José Olmedo and Gustavo Olmedo lead the practice and bring corporate law expertise to the environment group. The firm is instructed by a number of important names in the agrochemical and energy sectors, including Syngenta Paraguay, Puma Energy and Hinove Paraguay.

Key clients

Syngenta Paraguay

Nuestra Señora de la Asunción


Agropecuaria Tigunque

Tayi Agropecuaria

Fortin Madrejon

Puma Energy

Ganadera San Antonio

Hinove Paraguay

Balanceados Melazados


Tax Tier 2

Founding partner Gustavo Olmedo and corporate and commercial law expert José Olmedo head the tax team at Olmedo Abogados. Tax litigation is a major strength at the firm, and, on the non-contentious side, the department advises on tax planning and structuring, audits, tax incentives and tariff classification of goods. The firm is instructed by regional heavyweight clients in the energy, agrobusiness and insurance sectors, among others.

Corporate and M&A Tier 3

'Always available' and offering an 'original approach', the corporate and M&A team at Olmedo Abogados is led by Gustavo Olmedo and José Olmedo and operates from offices in Asunción, Encarnación and Ciudad del Este. The firm has over 40 years of experience in the practice area and is instructed by notable international companies, including Caterpillar, Prosegur and Syngenta Paraguay. Its expertise covers M&A, corporate restructurings, product development and compliance. Alejandra Olmedo is recommended for her 'professionalism, her efficiency, her dedication to service and concern for clients'.


Olmedo’s office responds quickly and in a timely manner to the requests we make.

We have worked with 3 or 4 other law firms and Olmedo Abogados stands out from the rest in its efficiency, its professionalism, its quick response and the quality of its work. They have a solid team, they have a full vocation for service, and they care about the client and always go one step further, which makes one feel safe and comfortable working with them.

They are a team that gives us an original approach and are always available for our inquiries.

We have always received cordial and immediate attention, especially from Alejandra Olmedo, Ana Valiente, Rocio Perez and Susana Ramos. Each of them is knowledgeable about the subject they are in charge of and they are very professional.

In our case, our contact point is Alejandra Olmedo, and she then refers those who correspond to the team. Of Alejandra, she stands out for her professionalism, her efficiency, her dedication to service and concern for clients. In addition to being an excellent person and dealing with her is exceptional.

They are always well predisposed and very professional. They know a lot about their business, and where they feel they need to seek additional advice, they do. They are very serious.

Key clients

Elkem Paraguay



Syngenta Paraguay



Nidera Semillas

Puma Energy Group

Plan International

Amtrust Group

Intellectual property Tier 3

Olmedo Abogados' growing IP department acts for regional and multinational companies including Wellington Foods, Shandong Weifang Rainbow Chemical and Unicentro. The team has developed a strong presence in the area of patent registration, particularly for the country's growing pharmaceutical industry. Co-practice heads Sebastian Olmedo and associate Julia Schmidt are the key contacts; in a recent highlight, the pair advised Entertainment One UK on potential copyright infringement of its Peppa Pig and PJ Masks brands.

Key clients


Hero Motorcorp

Comercial Franca


Shandong Rainbow Chemical Co.


Embotelladora Central

Entertainment One UK

Wellington Foods


Compañia Adminitradora de Riesgos (C.A.R.S.A.)

Labour and employment Tier 3

With over 30 years of experience in labour law, the team at Olmedo Abogados assists domestic and regional clients across various sectors in preventative, advisory and contentious matters. Practice co-head Ana Valiente has worked in labour litigation for 37 years, covering complex cases regarding unfair dismissal, union disputes and wage and hour claims. Fellow practice heads Susana Ramos, a litigation expert, and Maria Ines Galeano, who is based in the firm's Ciudad del Este office, are the other key contacts.

Key clients

Plan Internacional


Adare Internacional

Binary Paraguay

Tasa Logistica



El Sol del Paraguay Cía. De Seguros y Reaseguros

Nidera Paraguay Granos y Oleaginosas


Puma Energy Paraguay

Tehmco Paraguay

Amtrust Paraguay


Compañía Administradora de Riesgos (CARSA)

Abbott Group


Nelson Emilio Gaona Tillería


Olmedo Abogados is a full-service law firm based in Asuncion, Paraguay, whose strong roots extend to more than 36 years of recognized professional practice in the national and international legal market.

The need to find efficient, responsive, specific and cost-sensitive solutions to the client’s needs – especially given Paraguay’s current business climate and dynamic economic growth – is at the core of Olmedo Abogados.

The firm: Olmedo Abogados is built upon a consolidated prestige of almost four decades of experience and leadership in the market, boosted by a dynamic thrust of new generations of lawyers with significant international exposure, with a clear objective: to meet this new economic climate with legal services of the highest quality.

Two key elements of the firm – its well-known experience and its vision of the future – have allowed it to become the law firm of choice of local and international clients in their most significant legal conflicts, important business transactions and most challenging controversial matters.

The firm has developed a work dynamic based on a truly multi-disciplinary perspective, and is thus able to provide specialized and comprehensive advice to its clients, with the added value that arises from a global approach, which calls for every angle to be considered.

Olmedo’s distinctive mark: it offers integral advice from beginning to end, with a culture focused exclusively on its clients’ complete satisfaction.

Main areas of practice: Olmedo Abogados is a full-service law firm having the following areas as main areas of practice: administrative law and privatizations; environmental law; banking and capital markets; corporate, commercial and mergers and acquisitions; telecommunications, radio and media and internet; tax and customs; real estate and construction; private international law and international commerce; labor and social security; maritime and air; criminal law; distribution, franchising and antitrust; personal wealth and inheritance planning; family law; hotels and gambling; insolvency and restructuring; foreign investments; litigation, arbitration and mediation; agribusiness; intellectual property, trademarks and patents; and insurance.

Department Name Email Telephone
Litigation Enrique Zacarías
Litigation Sebastian Olmedo
Litigation Jose Ignacio Olmedo
Foreign companies Jose Ignacio Olmedo
Foreign companies Alejandra Olmedo
Banking Ana Peña
Banking Graciela Royg
Insurance/Tax Gustavo Olmedo
Insurance/Tax Victor Aguero
Intellectual property Sebastian Olmedo
Intellectual property Julia Schmidt
Labor and employment Ines Galeano Estigarribia
Labor and employment Ana Valiente de Zaputovich
Real estate and construction Gustavo Olmedo
Real estate and construction Alejandra Olmedo
Other fee-earners : 23
Total staff : 51
Partners : 8