Vimerica Development LLC’s Authorization to operates Hotel and casino in Paraguay


Peroni Sosa Tellechea Burt & Narvaja advised Vimerica S.A. on the authorization process

Vimerica Development LLC, Through Vimerica S.A. in joint venture with Paul Steelman, CEO of Steelman Partners, secured the authorization form the Gaming Commission in Paraguay to develop a Resort Hotel and Casino in Luque. The total investment of the project will reach $155 Million.

Peroni Sosa Tellechea Burt & Narvaja (PSTBN) advised Vimerica S.A. with Francisco Peroni Clifton (Picture), Juan Carlos Boggino and Cecilia Balbuena del Pino.

Involved fees earner: Juan Carlos Boggino – Peroni Sosa Tellechea Burt & Narvaja (PSTBN); Francisco Peroni Clifton – Peroni Sosa Tellechea Burt & Narvaja (PSTBN);

Law Firms: Peroni Sosa Tellechea Burt & Narvaja (PSTBN);

Clients: Vimerica Development LLC;

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Author: Ambrogio Visconti.