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\ Cynthia Fatecha


\ Profile

She has been working in the firm for more than 25 years, dedicating herself full time to providing professional legal services as an advisor to national and foreign companies in the areas of corporate law, mergers and acquisitions, civil, commercial, administrative, trust and securities market law.

He has taught modules on Trusts and Project Finance in the Master in Business Law of the Catholic University (MADE-UC 2014-2015-2016-2017-2018); modules on Legal Aspects of Real Estate Management of the Real Estate Strategy and Management Program (PGI 2015 - PGI 2016 - PGI 2018 - PGI 2021); modules on the Legal Framework applicable to Derivative Financial Instruments in the Diploma in Financial Derivatives taught at the Bolsa de Valores y Productos de Asunción S.A. (2019-2020-2021).

  • - Banking & Finance, Capital Markets, Pension Funds and Investments. - Infrastructure and Project Finance - Corporate and Commercial Law - Mergers and Acquisitions
  • Corporate and Commercial Law
  • Infrastructure & Project Finance
  • Insurance and Reinsurance
  • Mergers and Acquisitions
  • Public and Administrative Law
  • Telecommunications, Broadcasting and Media


  • National University of Asuncion (Lawyer, magna cum laude, 1994)
  • University of Paris II Pantheon-Assas, Higher University Diploma (D.S.U.) Administrative Law, 1999.
  • Universidad Nacional de Asunción (Degree in French Language, 1992).
  • Universidad Nacional de Asunción (School of Law and Social Sciences, Diploma of Specialization in Banking and Financial Law, 2008).
  • Diploma of the First International Fiduciary Training Program in Paraguay, organized by the Latin American Federation of Banks (FELABAN), the Association of Banks of Paraguay and the Latin American Trust Committee - COLAFI (Asuncion, 2011 - 2012).
  • Real Estate Strategy and Management Program Diploma (Asunción, 2014).


  • Spanish
  • English
  • French


  • Paraguay


  • Ranking Band 1 – Chambers and Partners
  • Leading Individual por The Legal 500.

\ Experience

\ GLT Brokerage Firm

We advised a foreign group, GLT, in all procedures before the National Securities Commission (CNV), the Asunción Stock Exchange (BVA) and other public entities for the constitution and registration of a new brokerage firm in Paraguay. We currently provide comprehensive legal advice to the client.

\ Largest development finance institution in Latin America

Engaged by an international development financial institution to assist in the structuring of a public works infrastructure fund to be developed by central government and regional entities.

\ Oikocredit

We advised a world-class cooperative, Oikocredit, in the structuring and implementation of an international loan scheme through which the cooperative will finance Paraguayan companies.

\ Publications

VOUGA Transacción CAF WEB
Vouga Abogados advises CAF on the granting of a credit facility to the Financial Development Agency (AFD)
SEPRELAD approves procedures for the removal from the registry of Obliged Subjects without natural supervision
The Superintendency of Insurance clarifies concerns related to the submission of the external actuarial audit report

\ Address
Juan de Salazar 657
Asunción – Paraguay

\ E-mail

\ Telephone
+595 21 202 049

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