Managing Partner: José Sosa Fracchia – José Luis Vega
Senior Partners: Guillermo F. Peroni, Enrique Sosa Elizeche, Marcos J. Peroni, Graciela Narvaja, Esteban Burt, Jose Sosa Gustale, Elba Britez
Number of partners: 12
Number of lawyers: 31
Languages: Spanish, English, Portuguese, French, German
Celebrating its 50th anniversary, Peroni Sosa Tellechea Burt & Narvaja (PSTBN) continues to be a full-service firm with an excellent reputation that stems from its commitment in providing a broad range of legal services in international and local transactions in Paraguay. PSTBN specialisation includes corporate, mergers and acquisitions, foreign investment, maquila projects, antitrust, maritime and aviation, telecommunications, banking and international finance, mineral and oil exploration projects, labour, litigation, taxation, counselling before local government agencies and legislative bodies, franchising and licensing agreements and intellectual property matters. Over the last five decades PSTBN has actively participated in legal innovation, advising government on development strategies, and working with Congress in drafting and enacting new legislation, and has taken an important role in supporting university education.
Main Areas of Practice:
Corporate, Commercial & Business Law:
PSTBN provides advisory services in a variety of commercial areas, including the establishment of corporations and other types of businesses. The firm also represents local companies in their international commercial transactions, as well as foreign clients in their efforts to establish businesses in Paraguay, including the opening of branch offices and subsidiaries, and joint ventures.
Foreign Investment Projects:
PSTBN deals with all aspects related to client projects, feasibility studies, contacts with the government to take advantage of fiscal incentives offered by investment law and Maquila. The firm’s senior partners participated in the drafting and implementation of the Incentives for Economic Development Act.
PSTBN provides legal services to some of the most renowned companies related to agribusiness. The firm has extensive experience in structuring legal solutions for the agribusiness financing, as well as attending to the needs of producers, investors, marketers, management and the other parties involved in the industry.
Avation & Aircraft Finance:
PSTBN, is the pioneer firm servicing the aviation industry in Paraguay and has over 20 years of experience in assisting foreign and local clients in a wide range of aviation matters, such as aircraft and engine financing, cross border transactions, development of complex corporate and tax structures, as well as setting up and obtaining governmental authorisations to do business in Paraguay, for foreign airlines.
PSTBN participates in many telecommunications investment projects, and in legislation reform to ensure private sector participation. PSTBN represents a number of important telecom corporations.
Insurance & Reinsurance:
PSTBN advises clients on insurance industry transactions and regulatory developments. Attorneys are active in (i) insurance industry M&A, reinsurance, insurance financings, derivatives involving insurance risks, life settlements, and insurance industry private equity investments, conduction of amicable negotiations and judicial or arbitral disputes (ii) global, controversial and novel insurance regulatory issues, discussions of regulatory matters.
Banking & Financial Operations:
PSTBN has participated in the establishment of branches for several international banks. In addition, the firm represents financial institutions, which do not have branches or subsidiaries in Paraguay, but offer financing to the Paraguayan government and private entities.
Public & Tax:
PSTBN offers advisory services in public and tax law. The firm also works on designing efficient tax structures for clients, creating tax benefit schemes designed to promote investment, paperwork and process for suspension of advance payments and VAT refund for exporters.
Intellectual Property Rights:
PSTBN deals with all aspects related to brands, patents, industrial models and designs, for domestic and international businesses. The firm also offers advice on concessions, licensing, software registration, copyrights and related rights.
Natural Resource & Hydrocarbons Exploration:
PSTBN represents companies for obtaining exploration concessions for minerals and hydrocarbons, having vast experience in this field have played a key role in obtaining concessions for its clients.
Litigation & Dispute Resolution:
PSTBN represents clients before civil, commercial, administrative, family and labor courts, acting as both plaintiff and defendants. The litigation department, which includes alternative dispute resolution specialists and some of the most renowned litigators in Paraguay, has represented clients in many cases which have established key precedents and case law in its 40 uninterrupted years of ongoing activity.
PSTBN has a specialised environmental law department, currently handling several high-profile cases. Besides its corporate-environmental services, PSTBN also provides pro bono services to local and international conservationist NGOs.
As a full-service firm, PSTBN provides cost efficient immigration services for its foreign clients, needed to establish in Paraguay.
Maritime Law, Shipping & Logistics:
PSTBN has a large client based composed of both local and foreign shipping companies, which represents around 40% of the local market in Paraguay. PSTBN’s maritime law practice covers a wide range of matters including flagging, representation to ship-owners, cargo owners, charterers, carriers, insurers, freight forwarders, port operators, cabotage and international trade, bareboat charters, ship finance and shipbuilding, collision, general and particular average.
Labour & Employment:
PSTBN has provided legal advice to local and international companies related to labour policies and the development of strategies, preventive solutions to conflict and negotiation in general. The firm offers an integrated service which is not limited to specific labor issues, but to the interdisciplinary labor problems.