
Co-led by managing partner Hugo T. Berkemeyer, alongside Manuel Arias and Carla Sosa, the antitrust team at BKM | Berkemeyer is a powerhouse in Paraguay, renowned for advising on mergers, regulatory compliance, and investigations into anticompetitive conduct and representing clients before national competition authorities. Álvaro Rojas is particularly active in restrictive antitrust practices, serving as a key contact in representing Banco Continental before CONACOM. Andrés Nasser has recently advised on the development of a greenfield joint venture between competing agricultural companies. Leyla Apud is highly knowledgeable in compliance and anti-corruption, commercial contracts, competition law, and corporate law.
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Key clients
- Banco Continental
- Bunge Limited
- Telecel Telefonica Celular del Paraguay S.A.E.
- Millicom International Cellular
- ECB Groups’ Be8 (formerly BSBIOS)
- Baxter
- Abbott Laboratories
- Monsanto/Bayer Paraguay
- Clyde & Co. Chile
Work highlights
Advised Banco Continental in its complaint against Bancard, the main credit card payment processor in Paraguay, before the National Competition Commission (CONACOM), alleging unfair competition and abuse of dominant position in the credit card payment intermediation market.
Advises Bunge Limited, one of the world’s largest agribusiness and grain trading companies, on the Paraguayan antitrust aspects of a major global merger control transaction, requiring competition filings in more than 34 jurisdictions worldwide and involving a global transaction value exceeding USD 8 billion, in connection with Bunge’s acquisition of 100% of the shares and issued capital of Viterra Limited and its subsidiaries.
Advised Telefónica Cellular del Paraguay (Tigo Paraguay – a Millicom subsidiary) in the process of structuring, drafting, negotiating and executing the sale of the shares of the subsidiaries: Tigo Money Paraguay and Transcom Paraguay (including its main assets: a digital wallet and loans company) to the AZETA Group.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Alvaro Rojas
Leyla Apud
Practice head
Hugo T. Berkemeyer; Manuel Arias; Carla Sosa
Other key lawyers
Álvaro Rojas; Andrés Nasser; Leyla Apud
