Vouga Abogados > Asunción, Paraguay > Firm Profile

Vouga Abogados
JUAN DE SALAZAR 657
ASUNCIÓN
Paraguay

Paraguay > Banking and finance Tier 1

Vouga Abogados is well versed across a wide variety of financial products, with standout expertise in cross-border financing and a developing focus on first-of-their-kind, innovative matters in the Paraguayan market. In 2020, the firm worked on its first ever international bond issuance, assisting JP Morgan Securities and Santander Investment Securities as initial purchasers, in Banco Continental's offering of $300m 2,750% senior notes due in 2025. This was led jointly by two of the coordinators of the practice: Carlos Vouga, an expert in finance transactions; and Cynthia Fatecha, a specialist in trusts, securities, capital markets regulations and mutual funds. Senior partner Rodolfo Vouga also oversees work in this area, with Rodolfo Guillermo Vouga also taking a leading role on many of the highlight matters. Senior associate Georg Birbaumer stands out in cross-border financing and capital markets work.

Practice head(s):

Rodolfo Vouga; Cynthia Fatecha; Carlos Vouga

Testimonials

Excellent team with knowledge of banking law.

Being foreigners in Paraguay, we chose to work with Vouga because of their international and multinational client base but local presence. We like that their practice is Paraguay-centric. We like the varied international experience of Vouga’s lawyers, including that their managing partner Rodolfo Vouga is US educated and NY State Bar accredited.

Knowledge in the trust area compared to other firms.

Cynthia Fatecha – knowledge in the area of ​​trusts, known trajectory, the best treatment in meetings and drafting of contracts, extensive knowledge in matters of companies.

We appreciate that Rodolfo Vouga is generally available to us at all times, always responsive, despite a challenging workload running his practice. He and Vouga Abogados are embedded with our firm in many positive ways and often we are fortunate to have Rodolfo Vouga join our weekly management calls to see where he can add value.

They are involved in the day to day, with prompt attention.

Quick and accurate attention to our requests.

Key clients

Banco De Desarrollo De America Latina (CAF)

TMF Group

Bolsa De Valores Y Productos De Asunción

World Trade Center Paraguay

Multibank

Tape Pora

Banco Aliado

Itau BBA

Banco Familiar

Clariden Leu Bank

Deutsche Investitions Und Entwicklungsgesellschaft (DEG)

BID – Bid Invest

Banco Itaú Paraguay

Latin American Agribusiness Development Corporation (LAAD)

John Deere Financial

Incofin Investment Management / Rural

Impulse Fund

Towerbank International

Copetrol

Durli Leathers

Visión Banco

Santander Investment Securities

JP Morgan Securities

Paracel

Work highlights

  • Acted for J.P. Morgan Securities and Santander Investment Securities INC, as initial purchasers, in Banco Continental’s offering of $300m 2,750% senior notes due in 2025.
  • Assisted Towerbank International with the renewal of two secured loans to agribusiness companies in Paraguay (Agrofértil, for $7.5m, and Tecnomyl, for $6m).
  • Assisted the Netherlands Development Finance Company (FMO) with the granting of a loan to an agrichemical producer in Paraguay.

Paraguay > Competition and antitrust Tier 1

Vouga Abogados has established itself as one of the go-to firms in Paraguay for competition and antitrust matters, assisting clients with compliance issues as part of M&A transactions, as well as working on some of the few competition authority investigations that the jurisdiction has seen. Rodrigo Fernández is a key contact, acting for major clients including Copetrol, British American Tobacco and Paresa. His expertise is complemented by the corporate law knowledge of Rodolfo Guillermo Vouga, who frequently leads matters in this area, including compliance or investigations. Senior associate Luis Torales is quickly building proficiency in this field and regularly assists across the full range of work. In March 2021, competition law specialist Cecilia Vera joined as a senior associate from BKM | Berkemeyer, a significant addition to the firm's expertise in this area.

Practice head(s):

Rodrigo Fernández

Testimonials

The Vouga Abogados team has the ability to address the client with a practical business language, fully internalizing the client’s operations. Its differential is that the professionals are able to offer solutions or immediate opinions as a preview and then go deeper into details. Being the first highly valued in a commercial / competitive field. It compares very favorably with other firms, the difference lies in the knowledge of the client’s needs and the speed of resolution.

Vouga has a team that works well coordinated and takes into account the smallest details.

They have trained people and above all with very good treatment – Rodolfo Vouga and Rodrigo Fernandez.

Rodrigo Fernández stands out especially for his enormous assertiveness and knowledge of the area. Not only does he provide adequate solutions, but also very creative ones, and that for an organisation like ours is highly valued since we promote out-of-the-box thinking. Another capacity that we value is the rapid understanding of the needs of our business, which, being a hyper-regulated sector, requires a great capacity to adapt to very restricted operating environments.

Key clients

Paraguayan Industrial Guild (UIP)

Nextar

ADM Paraguay

Paracel

Paresa

Copetrol

British-American Tobacco

Colgate-Palmolive

Work highlights

  • Representing an oil and gas company in an investigation opened by the Paraguayan competition authority regarding a commitments and remedies plan.
  • Assisted shareholders of Cadena Farmacenter with the sale of a majority shareholding to Grupo Cartes.
  • Acting for a multinational group with a leading market share in an investigation opened by the Paraguayan competition authority.

Paraguay > Corporate and M&A Tier 1

Experienced advisors in major complex M&A and corporate compliance, the team at Vouga Abogados 'has a high technical specialisation but at the same time also has practical experience, common sense and a correct risk assessment'. Major multinationals, as well as major domestic companies such as Copetrol, instruct the practice, which is headed by three key names in the market. Figurehead and elder statesman Rodolfo Vouga has over 40 years' experience; his son Rodolfo Guillermo Vouga leads on the majority of the firm's most prominent cases in this area, including advising Paracel on all aspects of its $3.2bn pulp mill project. Co-leading on this was co-practice head Perla Alderete, who has 20 years of experience and is especially strong in M&A. Carlos Vouga is an important contact to note, and the 'very professional and efficientRodrigo Fernández also comes highly recommended. Associate Manuel Acevedo also stands out, particularly for his recent work in data privacy matters.

Practice head(s):

Rodolfo Vouga; Perla Alderete; Rodolfo Guillermo Vouga

Testimonials

Vouga lawyers are very committed to us and what we appreciate the most is the personalised contact.

Vouga Abogados team has the ability to address the client with a practical business language, fully internalising the client’s operations. Its differential is that the professionals are able to offer solutions or immediate opinions as a preview and then go deeper into details. Being the first highly valued in a commercial / competitive field.

Rodrigo Fernández stands out especially for his enormous assertiveness and knowledge of the area. Not only does he provide adequate solutions, but also very creative ones, and that for an organisation like ours is highly valued since we promote out-of-the-box thinking. Another capacity that we value in this professional is the rapid understanding of the needs of our business, which, being a hyper-regulated area, requires a great capacity to adapt to very restricted environments.

Rodrigo Fernández is very professional and efficient.

The team has a high technical specialisation but at the same time also practical experience, common sense and a correct risk assessment.

Rodolfo Guillermo Vouga and Rodrigo Fernández have excellent expertise in banking and financial matters, regulatory issues and new trends in control bodies.

Art of negotiation. Rodolfo Vouga is very good at that and has given many important tips in two transactions that I am participating in.

Key clients

Procter & Gamble

Microsoft

Archer Daniels Midland

Colgate-Palmolive

John Deere

Mastercard

Petrobras

Siemens

Copetrol

Sanofi

LG Electronics

British American Tobacco

Work highlights

  • Acting for Paracel and sponsors on all legal aspects of its $3.2bn eucalyptus pulp mill project.
  • Assisted Brazilian logistics operator JSL in its acquisition of the local subsidiary of Fadel.
  • Assisting Zavidoro with setting the legal framework to expand its e-commerce platform to non-related wholesalers of clothing and related products.

Paraguay > Dispute resolution Tier 1

Vouga Abogados' work in litigation and alternative dispute resolution focuses on high-level, complex corporate and commercial disputes for a client list that boasts leading domestic companies as well as multinationals, including Equifax, Petrobras, Paresa and Mastercard. The practice has expertise in arbitration as well as litigation and is led by three partners with extensive experience: Mirtha dos Santos is highly praised by peers and is a reference in the field, recently leading on a variety of cases for agribusiness clients; senior partner Rodolfo Vouga has long led on significant and complex disputes handled by the firm; and Rodolfo Guillermo Vouga is becoming an increasingly prominent member of this department across the full gamut of matters. At the associate level, Elio Agüero works closely with dos Santos on the firm's most complex matters, and Silvia Benítez has experience in administrative and civil litigation and is noted for complex litigation in the tax area.

Practice head(s):

Mirtha Dos Santos; Rodolfo Vouga; Rodolfo Guillermo Vouga

Testimonials

Knowledge and prompt response. Very skilled attorneys. Mirtha dos Santos and Elio Agüero work with us frequently.

Key clients

Archer Daniels Midland (ADM)

Naviera Chaco

Paresa

Prosegur Paraguay

Equifax

Petrobras Paraguay Energy

Amx Paraguay

Mastercard

GSI Brasil Industria E Comercio De Equipamentos Agropecuario

Laad – Latin American Agribusiness

Development Corporation

Lohia Corp

Work highlights

  • Representing an American financial group in a complex dispute regarding intellectual property and trade mark issues for $120m.
  • Acting for a Swiss multinational in a dispute with a Paraguayan distributor for $20m.
  • Representing a Fortune 200 company in a dispute with a former distributor for $18m, in which issues such as the res iudicata effect of a former judgment and piercing of the corporate veil are being discussed.

Paraguay > Environment Tier 1

Environmental law has long been an important department for Vouga Abogados, which often advises on potential public policy changes, and acts for its prestigious corporate client list in a range of regulatory matters. The team is also strong in contentious matters in this area, a recent highlight being its representation of a client developing reforestation plans in investigations opened by the Ministry of Environment and Sustainable Development for alleged land misuse. Rodrigo Fernández now co-heads the team alongside senior partner Rodolfo Vouga, following the departure of Marta Martinez, who joined Millicom subsidiary Tigo in October 2020. Corporate partner Rodolfo Guillermo Vouga is a frequent lead lawyer in environment-related matters, and at the associate level both Alice Ferreira and Walter Vera have relevant expertise.

Practice head(s):

Rodrigo Fernández; Rodolfo Vouga

Testimonials

The Vouga Abogados team has the ability to address the client with a practical business language, fully internalising the client’s operations. Its differential is that the professionals are able to offer solutions or immediate opinions as a preview and then go deeper into details. The difference lies in the knowledge of the client’s needs and the speed of resolution.

Rodrigo Fernández led an important assessment for the environment, health and safety area of ​​our company that was key to identifying where we were standing and starting actions to improve the safety of our equipment and assets. In this exercise, we value that before each point to be analysed, the answer always came with an added value, either including additional information so that we better understand the topic and recommendations that went beyond what was originally requested.

It is a compact and efficient team, the communication is very good.

Key clients

Paraguayan Industrial Guild (UIP)

Tecnomyl

ADM Paraguay

Paracel

Nextar

Paresa

LG Electronics

Copetrol

British-American Tobacco

TE Connectivity

Work highlights

  • Assisting Paracel with all legal environmental matters for the construction and later operation of a pulp plant and related operations.
  • Representing a client developing reforestation plans in different investigations opened by the Ministry of Environment and Sustainable Development for alleged land misuse.
  • Advising Copetrol on its transactions involving environmental law issues.

Paraguay > Labour and employment Tier 1

'Well recognised in the market', Vouga Abogados stands out in labour and employment for its 'mastery of the subject'. The team assists in complex litigation, in addition to advising corporate clients on day-to-day labour issues. Major staff restructurings featured prominently in the market in 2020 as a result of the pandemic lockdown; Petrobras were among the clients looking to Perla Alderete and her team, who assisted with preparing back-to-work mandatory protocols, suspension of labour contracts and other procedures before the Ministry of Labour. Other areas of expertise include risk assessments, contract renegotiations and the implementation of teleworking. Alderete has over 20 years of experience in the area and leads all of the firm's labour and employment work. Dispute resolution partner Mirtha dos Santos is the name to note for contentious matters, and Walter Vera is the main contact at the associate level.

Practice head(s):

Perla Alderete

Testimonials

Perla Alderete stood out this year for her ability to analyse the current legislative framework to apply it in the Covid context, always keeping in mind the operational needs of companies and providing excellent advice on telework documentation. For our operation it was essential to have their analysis and recommendations since the context meant drastic and constant regulatory changes during the 2020 period and to date.

The Vouga Abogados team is well recognised in the market and they are very well positioned. They have an important portfolio of clients. We work very well with them.

They always stand out for their solidity and mastery of the subject.

Perla Alderete: Her speed of response and her technical depth, in addition to being available 24×7.

Depth in analysis, knowledge of labor matters.

Perla Alderete knows labour law very well, she has a lot of experience.

The Vouga Abogados team has the ability to address the client with a practical business language, fully internalising the client’s operations. Its differential is that the professionals are able to offer solutions or immediate opinions as a preview and then go deeper into details. The difference lies in the knowledge of the client’s needs and the speed of resolution.

Key clients

Paracel

Copetrol

Paraguay Energy Operaciones y Logistica

Paraguay Energy Gas

Unión Industrial Paraguaya (UIP)

American Tower Corporation

Blue Transfer

Consorcio Expo Asociación Rural Del Paraguay

Unión Industrial Paraguaya

Coffee Bean & Tea Leaf – KF

Agrichem Paraguay

GLT Casa de Bolsa

Colgate Palmolive De Paraguay

Probat

British American Tobacco

Eurofarma Laboratorios

Prosegur Paraguay

Paraguay Refrescos

Carozzi

Microsoft

Contiparaguay

Work highlights

  • Assisted Paracel with the drafting and standardisation of employee contracts covering professional workers, administrative workers and field workers.
  • Assisted Petrobras in preparing back-to-work mandatory protocols, suspension of labour contracts and other mandatory procedures before the Ministry of Labour.
  • Advised UIP, through its Institute for Technical Training, on the formalisation of agreements with companies in the industrial sector for the implementation of technical internship programmes for their students.

Paraguay > Intellectual property Tier 2

Vouga Abogados' IP department continues to develop year-on-year, with several new clients instructing the team in 2020, including Nexleaf Solutions, a cannabis extraction company. Patents is a recent area of focus and development, with practice co-head Laura Lezcano having particular experience in the field, and two new cases as well as patent portfolios being entrusted to the firm by clients in recent years. Siegfried Vouga co-leads the department alongside Lezcano; Vouga draws on over 25 years' experience in the field, and maintains a strong focus on IP. Rodrigo Fernández is another key contact, particularly in IP cases with a strong corporate law component, and associate Manuel Acevedo has international IP experience, particularly in patent cases.

Practice head(s):

Siegfried Vouga; Laura Lezcano

Testimonials

Attorneys available 24/7, with an exceptionally high degree of involvement in the case.

Friendly approach to resolve disputes, clear presentation of the situation to the client, absolute availability to inform and help make decisions.

I have been working with Laura Lezcano for many years. Laura has a deep and solid knowledge in trademark law and is also very responsive. Also, her correspondence is always clear, objective and provides complete information, which saves us time and facilitates our work together.

In my opinion, the firm’s responsiveness and precision in providing answers and solutions is what makes it unique.

It is a firm that responds quickly, in a practical way and with flexibility in its approach.

Laura Lezcano is always waiting for any questions and making the appropriate clarifications when they are needed.

Key clients

Banco Do Brasil

Eurofarma Laboratorios

Equifax

Continental Grain Company

ADM

Alpha-Pharma Healthcare

Prosegur Paraguay

Union Industrial Paraguaya (UIP)

Estee Lauder Paraguay

Subway Ip

Pharmaris Paraguay

Vivo Mobile Communication

Zavidoro

DKT Paraguay

Oshia Bergman Watanabe & Burton

Nexleaf Solutions

Valmont Industries

Work highlights

  • Representing Mastercard and McCann Erickson as defendants in two IP-related lawsuits filed by a former employee of a Paraguayan advertising company who alleges having created a slogan used by Mastercard.
  • Acted for Nexleaf Solutions in filing two patent applications.
  • Assisted Paracel with trade mark filings as part of its creation of a cellulose production plant.

Paraguay > Tax Tier 2

'An excellent team', Vouga Abogados provides tax advice to a mixed client base of domestic and international companies, and has recently focused on finding new ways to increase profitability and clients' return on investment with tax-efficient practices, reducing the effects of the additional income tax levied on the remittance of dividends abroad. Practice co-head Andrés Vera 'has a high expertise in his area of ​​practice'; in addition to assisting clients with day-to-day tax matters, Vera also collaborates with colleagues to advise on the tax aspects of transactions. Senior partner Rodolfo Vouga coordinates the practice with him, and Silvia Benítez is the name to note for contentious matters.

Practice head(s):

Andrés Vera; Rodolfo Vouga

Testimonials

Andrés Vera has a high expertise in his area of ​​practice, which allows him to offer legal recommendations, always being one step ahead of the conflicts that could arise, despite the current tax changes. In addition, Andrés, having experience working in the fiscal public sector, stands out for his comprehensive knowledge of the operation of entities in the area, promoting best practices for their clients.

The firm has an excellent team, as it has corporate / labour and tax lawyers and as a whole, when a specific situation is analysed for a client together with our team of accountants, the result is very positive.

In particular, the lawyers with whom I have worked have the ability not only to answer what the client asks but also to raise possible situations that could be generated by the type of operations carried out by the client. I have collaborated with Andrés Vera and Silvia Benitez during 2020/2021.

Great people, knowledgeable about local tax but also international finance. Very responsive and accessible.

Andrés Vera is a professional who stands out widely in the sector.

They are good professionals, they are up-to-date and always willing to collaborate.

Key clients

ADM Paraguay

Prosegur Paraguay

Consorcio Expo – UIP / ARP

UIP (Paraguayan Industrial Association)

British American Tobacco Productora de Cigarrillos

Copetrol

John Deere Financial Chile

Zavidoro Corporations

GLT Casa de Bolsa

Work highlights

  • Advised Grant Thornton on the tax aspects of its incorporation in Paraguay.

Vouga Abogados is one of the most prominent, largest and experienced law firms in Paraguay. A full-service firm, composed of a team of professionals with experience spanning four decades, Vouga advises some of the largest multinational companies as well as financial and multilateral credit institutions, NGOs, public entities, and sophisticated local companies and individuals doing business in Paraguay, complying with the most stringent ethical standards. The client base includes a significant number of Fortune 500 companies operating across a broad range of industries. The leaders of this strong team of legal and accounting professionals, organized into practice groups, are widely recognized in their fields. The firm’s focus on responsiveness, built on strong investments in human resources and technology, enables it to deliver world-class services in a time-efficient manner.

Areas of practice
Agribusiness: Vouga represents some of the largest commodities traders, input dealers, agricultural product and equipment manufacturers and industry trade associations in the world, covering all stages of the agricultural cycle, including sourcing and procurement, crushing, logistics, trading, hedging transactions, tax issues and litigation.

Antitrust: the firm played a crucial role in drafting the first antitrust law in Paraguay. Vouga assists some of the dominant players in various sectors in the country in the implementation of the new antitrust law.

Banking and finance: the firm’s finance group is one of its flagships, participating in some of the largest cross-border financing operations of the last ten years.

Corporate/M&A: since its founding and particularly over the last decade, the firm has worked on milestone international and national M&A transactions. Vouga is a leading player in M&A. The corporate department is one of the largest and most distinguished in the country, assisting a wide range of foreign investors to establish operations and attain their goals in Paraguay.

Distributorship, agency, representation and franchising: Paraguay’s stringent rules on distributorship, agency, representation and franchising led the firm to acquire unrivalled expertise in this area. The firm assists foreign parties in the negotiation of agreements and has handled a substantial part of the most high-profile cases in the country.

Environmental, energy and natural resources: the firm’s expertise in this area is truly unsurpassed in the country. A pioneer in Paraguay, the team assists clients and regulatory bodies in the implementation and drafting of various regulations and concession processes, environmental assessments and obtaining permits and concession rights.

Labor: Vouga’s labor department advises some of the largest employers and HR departments in Paraguay on their daily activities. The team is especially qualified to assist in industrial safety and health-related issues.

Litigation and ADR: the firm’s litigation team specializes in complex corporate dispute resolution, covering the full spectrum of domestic and international litigation and ADR. The litigation team is involved in some of the country’s highest profile cases before both arbitral tribunals and courts.

Real estate: the firm has one of the strongest real estate practice groups in the country, and ample expertise in structuring, financing and development.

Tax and customs: the tax and customs team comprises leading legal and accounting specialists with experience in both the public and corporate sectors, enabling the firm to provide comprehensive advice.

DepartmentNameEmailTelephone
Agribusiness Rodolfo G Vouga Zrgvouga@vouga.com.py+59521202049
Antitrust Marta Martínezmmartinez@vouga.com.py+59521202049
Banking and Finance, Capital Markets, Trusts, Funds Cynthia Fatechacfatecha@vouga.com.py+59521202049
Banking and Finance, Capital Markets, Trusts, Funds Carlos Vougacvouga@vouga.com.py+59521202049
Corporate/M&A Rodolfo G Vouga Zrgvouga@vouga.com.py+59521202049
Corporate/M&A Perla Alderetepalderete@vouga.com.py+59521202049
Corporate/M&A Carlos Vougacvouga@vouga.com.py+59521202049
Distributorship, Agency and Franchising Carlos Vougacvouga@vouga.com.py+59521202049
Distributorship, Agency and Franchising Rodrigo Fernández de Nestosarfernandez@vouga.com.py+59521202049
Environmental, Energy and Natural Resources Marta Martínezmmartinez@vouga.com.py+59521202049
Environmental, Energy and Natural Resources Rodrigo Fernández de Nestosarfernandez@vouga.com.py+59521202049
Insurance and Re-Insurance Carlos Vougacvouga@vouga.com.py+59521202049
Labor Perla Alderetepalderete@vouga.com.py+59521202049
Labor Marcela Dos Santosmadosantos@vouga.com.py+59521202049
Litigation and ADR Mirtha Dos Santosmdsantos@vouga.com.py+59521202049
Litigation and ADR Eusebio Lópezelopez@vouga.com.py+59521202049
Maritime, Air and Transportation Rodolfo G. Vougargvouga@vouga.com.py+59521202049
Oil & Gas Rodolfo G. Vougargvouga@vouga.com.py+59521202049
Pharmaceuticals Rodrigo Fernández de Nestosarfernandez@vouga.com.py+59521202049
Pharmaceuticals Carlos Vougacvouga@vouga.com.py+59521202049
Real Estate Cynthia Fatechacfatecha@vouga.com.py+59521202049
Real Estate Carlos Vougacvouga@vouga.com.py+59521202049
Tax and Customs Andrés Veraavera@vouga.com.py+59521202049
Tax and Customs Rodolfo G. Vougargvouga@vouga.com.py+59521202049
Telecommunications Marta Martinezmmartinez@vouga.com.py+59521202049
Telecommunications Carlos Vougacvouga@vouga.com.py+59521202049
Other fee-earners : 28
Total staff : 60
English
Spanish
Portuguese
German
French
Italian
World Services Group (WSG)
Employment Law Alliance (ELA)
INTA - International Trademark Association
ASIPI
ALAE
Partners : 9