Major lenders continue to turn to Moreno Ruffinelli & Asociados, and the team counts significant banks in Paraguay, such as Sudameris, Bancop and AFD, among its clients. Its clientele of local lenders represents a significant proportion of credit granted in the sector. The practice also excels in the drafting of agreements and documentation, including trade credit facility agreements and trade-related loan agreements and memorandums of understanding. Practice head José Moreno Ruffinelli leads the team in significant mandates, advising AFD on the negotiation process of an uncommitted and non-revolving line of credit. Maria Esmeralda Moreno takes a lead role in the firm’s key banking and financing matters, including complex loan agreements and operations. Counsel Mercedes Gimenez is also a key member of the team and Isabel Godoy receives high praise from clients. Roberto Moreno has now left the firm.
Testimonials
Collated independently by Legal 500 research team.
‘Estudio Moreno Ruffinelli y Asociados, in its capacity as external legal advisors, contributes to promoting the client's business, seeking to provide solutions based on solid criteria and updated regulations. The opinions provided are well structured and precise with options based on updated regulations and they seek to mitigate all types of legal risks.’
‘ The understanding of the needs of our company by the professionals of the firm is what makes them different, and that has been key for these years of management together. We interact regularly with José Antonio Moreno and Isabel Godoy, both are excellent professionals who contribute to promoting the client's business, seeking to provide solutions based on solid criteria and updated regulations.’
Key clients
- Agencia Financiera de Desarrollo (AFD)
- Bancop
Work highlights
- Advised the AFD on the drafting of the framework document of sustainable bonds, and on all legal documents related to the issuance of said bonds.
- Advising the AFD on the negotiation process of an uncommitted and non-revolving line of credit to be granted by the Corporacion Andina de Fomento (CAF) in favor of the Agencia Financiera de Desarrollo.