Latin America - Paraguay

BKM | Berkemeyer

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BKM | Berkemeyer‘s banking and finance team offers advice on the full spectrum of Paraguay’s financial market. The team has experience in both domestic and international transactions, in which the group represents all sides, from lenders to borrowers to structuring entities. The firm is actively involved in capital markets transactions and acts as the attorney to the Paraguayan stock exchange. The leasing and sales of aircrafts is another area of expertise. The team is led by Hugo Berkemeyer, the firm's figurehead; Manuel Arias, who leads the firm’s banking and capital markets practice, with extensive experience advising high-profile local and international banks; and Martín Carlevaro, who takes charge of the dedicated infrastructure and project finance practice which, alongside Arias’ banking team, has been involved in the financing of some of Paraguay’s key public infrastructure project finance deals in recent years. At the associate level, Milena Sljivich’s experience at the attorney general’s office brings a public sector insight to finance matters. Senior associate Andres Nasser has experience and proficiency in banking regulation, and at associate level, Adriana Ocampos and Alvaro Rojas come with client recommendation. Gastón Segovia joined the team as an associate from the National Securities Commission in 2022.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘It has extensive experience in project finance, with an interdisciplinary team, in national and international transactions.’

  • ‘Martín Carlevaro has extensive experience in project finance, including international experience. He is not only involved in projects in Paraguay, but also in other countries, which means that he contributes international practices in financing structuring. Adriana Ocampos has extensive experience in administrative procedures, with precise knowledge of applicable local law. Alvaro Rojas stands out in the drafting of international financing contracts, having knowledge of practices in other countries.’

  • 'A team of lawyers always up-to-date on the various legislations, giving a global vision.'

  • 'We recommend Martín Carlevaro and Milena Sljivich.'

Key clients

  • BSBIOS (ECB Group)
  • Banco Continental
  • Banco Itaú Paraguay
  • NeoGreen Hydrogen
  • FCE Bank
  • ING Capital
  • Mastercard
  • Consorcio Corredor Vial Bioceanico
  • Rutas del Este
  • GLT Funding
  • Prosegur Paraguay
  • Xcoop
  • Wilmington Trust
  • Puente Casa de Bolsa
  • Gletir Casa de Bolsa
  • Cadiem Casa de Bolsa
  • Investor Casa de Bolsa
  • Bolsa de Valores de Asunción
  • Firstlink Network
  • Telefonica Celular del Paraguay
  • Mango Payment
  • Avalon Casa de Bolsa

Work highlights

  • Advised BSBIOS on the development of the Omega Green Project.
  • Advised Rutas del Este in a new bank loan for $29m with local bank Sudameris, under Paraguayan law, used for financing for the Variante the Itacurubi of the PY 02 Road Project in Paraguay.
  • Acting for Centro Médico Jerovia, a hospital complex, in association with Mount Sinai Hospital in New York, on seeking accreditation by the Joint Commission International.

Practice head

The lawyer(s) leading their teams.

Hugo Berkemeyer, Manuel Arias, Martín Carlevaro