Latin Lawyer 250 2017

Noboa, Peña & Torres Abogados


Ecuadorian arm of Peru’s largest firm

  • Established: 2001
  • Partners: 4
  • Total lawyers: 18

Noboa, Peña & Torres Abogados is the Ecuadorian arm of Peru’s largest firm. Favouring a multidisciplinary approach, all partners are active in a wide range of practice areas, with strength in banking and disputes. A presence in both Quito and Guayaquil helps overcome the cultural differences between the two cities’ approaches to business. However, the firm has suffered a setback in 2016 with the departure of one of its name partners for a competitor.


Noboa Peña has offices in Quito and in port city Guayaquil. They operate as two separate legal entities that work under the Noboa Peña brand. It also has a presence in five Peruvian cities, including Lima, through its parent firm, Muñiz Ramírez Pérez-Taiman & Olaya.

Alliances & networks

The firm is a founding member of the Ibero-American Alliance, which connects over 250 lawyers with firms in Colombia, Ecuador, Mexico, Paraguay, Peru and Spain. Its international partnership with Peru’s Muñiz Ramírez Pérez-Taiman & Olaya is another clear advantage, as this link also connects them with other members of the Pacific Rim Advisory Council. The firm has an association with Costa Rica’s Lex Investments & Services.


Banco Latinoamericano de Comercio Exterior and Citibank and are two recent clients.

Practice Areas

Banking & finance

Key partners: Patricio Peña

Analysis: Noboa Peña’s banking and finance practice has been one of its busiest, which is testament to its professionalism and expertise. The firm can boast several banks as returns clients and is more than capable of steering cross-border finance. Services include structured finance and comprehensive investment and commercial banking advice.

Top deals


Key partners: Gonzalo Noboa is well known in arbitration circles. Marcelo Torres also acts in international arbitration and has sat on the panel arbitrators in Guayaquil's chamber of commerce since 1997. He has been a member of the Inter-American Commercial Arbitration Commission since 2004.

Corporate and M&A

Key partners: Patricio Peña and Marcelo Torres, both of whom are recognised in LACCA Approved, in-house counsel research conducted by Latin Lawyer’s sister publication, the Latin American Corporate Counsel Association.

Analysis: Noboa Peña has a well-recommended corporate and M&A practice. The team advises domestic and international clients on a wide variety of mandates. In-house counsel trust this department to get the job done.


Key partners: Marcelo Torres, who is recognised in LACCA Approved.

Analysis: The firm has experience advising a variety of clients on everything from health and safety obligations to litigation and immigration. 


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