Fiorio, Cardozo & Alvarado

Fiorio Cardozo & Alvarado advises on banking, gas and oil, telecommunications, tax, civil, and labour law, and has managed to remain active despite the recent drought of foreign investment in Paraguay.

In banking – where Fiorio Cardozo has excellent local relationships – the firm assisted mobile telephone company Nucleo in relation to local guarantees regarding the restructuring of its foreign debt, and represented Bank of America in connection with the purchase of debt issued by a local trust. Highlights of its M&A deals, meanwhile, were advising Financiera General and Financiera Familiar on their merger, and providing counsel to Louis Dreyfus in respect of its purchase of four cotton ginners in Paraguay.