Diego Villarroel

Diego Villarroel is a partner at Ferrere and manages its operation in Bolivia. He also leads the Litigation & Arbitration, Banking and Antitrust teams.

In the arbitration area, he actively concentrates on analysis and planning of strategies and on conducting domestic and international arbitration (commercial and investment), advising local and international companies. In this context, he has experience in the application of the arbitration rules of the ICC, CAINCO and the National Chamber of Commerce of Bolivia. He is included on the list of arbitrators of the Conciliation and Arbitration Center of CAINCO.

In the judicial sector, he has broad experience in civil (ordinary and executive) and labor (benefit settlements, reinstatements) procedures. He also regularly represents clients in constitutional processes, such as amparos and unconstitutionality claims, deriving from different types of proceedings (civil, commercial and labor, inter alia).

In the antitrust field, he has advised local and foreign companies in the context of administrative procedures conducted by the regulator (AEMP) for alleged anticompetitive conducts by domestic and international clients. Likewise, he conducts training and provides preventive advice to companies in various fields to avoid the possible commission of anticompetitive conduct.

In the banking area, as Assistant Legal Manager he provided comprehensive legal advice to a major bank in Bolivia, its controlling company and related enterprises (securities broker and SAFI investment company) in multiple areas, particularly on regulatory aspects related to the financial system oversight authority (ASFI), corporate and contract matters, diverse types of financing transactions, securities markets, etc. Currently, he advises various international banks on a diverse range of financing transactions. Likewise, he advises local and foreign banks on various regulatory and corporate matters of their operations in Bolivia.

Since 2018 he has been recognized and ranked by the British magazine The Legal 500. Currently, for the 2021 edition, he is recognized as a Rising Star in the area of dispute resolution. Likewise, in 2021 the IFLR1000 magazine recognized him as a Rising Star Partner.

Diego is very active in academia. He is the author of the book Arbitraje, Control Judicial y Orden Público (2017) and of specialized articles on arbitration, antitrust and economic analysis of law. Likewise, he is a regular guest at conferences on arbitration and law & economics. He is also a professor of the subjects of Arbitration and ADR at Universidad Privada Franz Tamayo (UNIFRAZ).

He graduated first in his class in law from Universidad Privada de Santa Cruz (UPSA).

  • Attorney - Universidad Privada de Santa Cruz de la Sierra (UPSA) - Bolivia

FERRERE advised Fini on its arrival in Bolivia

The company is currently in the process of expanding in LATAM.


FERRERE advised EnvíoPet on its corporate restructuring

Epet Hold LLC acquired 99% of the capital shares of the Bolivian company.


FERRERE was awarded at the ITR Americas Awards 2023

The firm was recognized as Firm of the Year both in Paraguay and Uruguay.


FERRERE receives three nominations for the Chambers Latin America Awards 2023

Ferrere has been nominated twice for Firm of the Year, and once for its work in Diversity and Inclusion at regional level. 


Chambers recognizes FERRERE in its Latin America guide

With a total of 12 practice areas and over 30 recognized practitioners, FERRERE continues to strengthen its leadership position in the jurisdictions where it is present.


FERRERE receives 6 nominations for ITR Americas Awards 2023

Most notably: nominations for “Tax Firm of the Year” in Bolivia, Paraguay and Uruguay.


FERRERE recognized by IP Stars in the firm’s three jurisdictions

In turn, the publication highlights three of the team’s practitioners.


Approval of the Gold Law in Bolivia

On May 5, 2023, Law No. 1503 of May 5, 2023 (hereinafter, the “ Law”) was published in the Official Gazette of the Plurinational State of Bolivia, on the purchase of gold for the strengthening of Bolivian International Reserves.


FERRERE was once again recognized for its pro bono work in the region

Latin Lawyer y Cyrus R. Vance Center for International Justice recognized FERRERE in its three jurisdictions.


FERRERE advises The MARE Group on launching operations in Bolivia

With a regional presence, the company focuses on representing and importing medical equipment.


Green, Social and Sustainability Bonds in the Bolivian market

The Financial System Supervision Authority (ASFI) approved Amendments to the Securities Market Registry Regulations and Related Rules (Circular 749/2022), published in the Financial Regulation Electronic Gazette (GERF). The changes reflect guidelines for issuance of Green Bonds, Social Bonds and Sustainability Bonds implemented by the International Capital Market Association (ICMA) and recommended for promoting integrity in bond market development, as well as transparency and disclosure of information.


FERRERE distinguished by Legal 500 in its three jurisdictions

At regional level, 67 practitioners were recognized in 21 practice areas.

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