Beccar Varela and FERRERE (Paraguay) jointly advised McDonald’s Latin America LLC on the negotiation and execution in March of a multi-unit franchise agreement (“MUFA”) with Paraguayan Developmental Licensee for the operation of 25 existing McDonald’s restaurants in Paraguay.
Paraguay currently has 25 McDonald’s restaurants, but new openings are expected to happen in the near future as per an opening plan included in the agreement.
Counsels to McDonald’s Latin America LLC:
Beccar Varela: partner Ricardo Castañeda and associate María Inés Cappelletti.
FERRERE (Paraguay): partner Carlos Vasconsellos, senior associate Luis Marcio Torales and associates Laura Magaly Fernández, Noelia Orue, Guillermo Gibbons and Sebastián Vallejos.
In-house – General Counsel: Patricia Borges.
Counsels to Developmental Licensee:
Montero Palazón & Asociados: partner Héctor Palazón.