Verónica Franco

Verónica Franco is a partner at the Paraguay office in Asunción and specializes in complex corporate and financial transactions and competition law.

Verónica Franco is a partner at the Paraguay office in Asunción and specializes in complex corporate and financial transactions and competition law.

She has been principally involved in matters related to foreign investment and the launching of new products, mergers and acquisitions, anticompetitive practices and merger control, project finance, joint ventures, commercial and distribution agreements, bilateral and syndicated loans, as well as securities issuance in the local and international capital markets. Verónica advised financial institutions such as Citibank N.A., Bank of America, JP Morgan, Deutsche Bank, Credit Suisse and the Interamerican Development Bank as well as corporations such as Unilever, Syngenta Elkem, Saint Gobain, and Facebook.

She has experience advising sovereigns, multilaterals and public and private companies, including digital platforms and new technologies.

She is admitted to practice law in Paraguay and in the State of New York. Between 2015 and 2017 she was an international lawyer at Cleary Gottlieb Steen & Hamilton LLP, where she had substantial exposure to high-profile cross-border corporate and financial transactions across Latin America.

In addition, she also regularly teaches at postgraduate level in corporate and competition law in Paraguay.


  • AIJA (International Association of Young Lawyers)
  • International Bar Association
  • Paraguayan Bar Association
  • New York State Bar Association (NYSBA)
  • Section of International Law del American Bar Association


  • Attorney, National University of Asunción (Paraguay)
  • LL.M. degree, Columbia Law School (United States), 2015.


"She is very good at corporate work and is knowledgeable in all the matters we ask of her. She is a lawyer with a bright future ahead of her."

Chambers Latin America / Corporate & Commercial / 2020

Next Generation Lawyer

Legal 500 / Banking & Finance / 2019

Next Generation Lawyer

Legal 500 / Corporate / 2019

FERRERE recognized in IFLR1000 2020 ranking

FERERRE was once again recognized as Tier 1 in the IFLR 1000 2020 ranking as one of the region’s most prestigious and experienced firms in Project Financing, Banking and Finance, and Corporate.


The competition agency in Paraguay raised the fees for merger control filings

The governmental agency responsible for enforcing the competition framework in Paraguay (Comisión Nacional de la Competencia or “CONACOM” for its Spanish Acronym), issued a new resolution raising the applicable fees for merger control filings.


Paraguay: FERRERE advises on international issuance for USD 300 million

FERRERE acted as special Paraguayan counsel to BBVA Securities Inc., BNP Paribas Securities Corp., Citigroup Global Markets Inc., and Itau BBA USA Securities, Inc., as initial purchasers, in the offering and tender offer by Telefónica Celular del Paraguay S.A.E. of US$300 million 5.875% Senior Notes under Rule 144A and Regulation S, due 2027.


Paraguay: New regulation for capital markets

In March 2019, the Paraguayan National Securities Commission, or "CNV", issued Resolution No. 1/2019 the "Resolution"), contemplating key provisions relating to the offering of securities in Paraguay.


A regional overview of Antitrust Law in Bolivia, Ecuador, Paraguay and Uruguay

This article intends to give an overview of the regulatory framework in force in Bolivia, Ecuador, Paraguay and Uruguay on merger control and anticompetitive practices.


FERRERE promotes five new partners

FERRERE has appointed five new partners to the firm, Soledad Díaz, Verónica Franco, Martín Pallares, Sebastián Ramos and Daniel Robalino Orellana, as of January 1, 2019.

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