News

Pérez Bustamante helps close Ecuador agro-industry mega deal

Pérez Bustamante helps close Ecuador agro-industry mega deal

21 February 2018

Pérez Bustamante & Ponce Abogados in Quito has acted as local counsel to Ecuadorean investment holding Proteínas y Granos Andinos and Guatemalan agribusiness Corporación Multi-Inversiones (CMI) in their joint-venture acquisition of Ecuador’s largest food manufacturing company Pronaca.

Tuna producer awaits award in Ecuador tax dispute

13 February 2018

A tribunal at the United Nations Commission on International Trade Law (UNCITRAL) has finished hearing a Spanish tuna fishing company’s treaty claim against Ecuador concerning the imposition of taxes in a free trade zone.

Ferrere steers oil agreement in Ecuador

13 February 2018

Ferrere (Ecuador) has helped UK oil and gas company Amerisur Resources enter a cooperation agreement with Ecuadorian state-owned oil company Petroamazonas to construct a pumping station worth US$4 million.

Argentine airport operator raises US$485 million in IPO

Argentine airport operator raises US$485 million in IPO

09 February 2018

Greenberg Traurig LLP in New York and Miami have acted as lead counsel to Argentine Corporación América Airports on its US$485 million IPO, made on the New York Stock Exchange.

Peru’s InRetail acquires pharmacy chain Quicorp

Peru’s InRetail acquires pharmacy chain Quicorp

07 February 2018

Skadden, Arps, Slate, Meagher & Flom LLP in New York and Chicago, Payet, Rey, Cauvi, Pérez Abogados in Lima, Ferrere (Bolivia) in Santa Cruz and Ferrere (Ecuador) in Quito and Guayaquil have helped Peruvian retailer InRetail acquire pharmacy chain Quicorp for US$583 million.

Venezuelan oil company wins onshore JV contract in Ecuador

Venezuelan oil company wins onshore JV contract in Ecuador

16 January 2018

Ferrere (Ecuador) and Dentons Cardenas & Cardenas in Bogotá have helped Venezuelan oil and gas company CPVEN win a 10-year joint contract with Petroamazonas to explore two hydrocarbon blocks in the Ecuadorean Amazon.

Pérez Bustamante helps consortium obtain bridge financing

12 January 2018

Pérez Bustamante & Ponce has returned to help Spanish constructor Eurofinsa obtain a loan of US$40 million to complete the construction of a bridge, which it is building in Guayaquil in partnership with Ecuadorian counterpart Verdú.

Conoco and Ecuador settle nine-year expropriation dispute

Conoco and Ecuador settle nine-year expropriation dispute

05 December 2017

US energy company ConocoPhilips has settled a nine-year dispute at the International Centre for Settlement of Investment Disputes (ICSID) with Ecuador over the expropriation of two oil blocks, with the state agreeing to pay US$337 million to satisfy an award issued earlier this year.

Ecuador bribery scheme laid bare in Florida award

Ecuador bribery scheme laid bare in Florida award

14 November 2017

Details of a bribery scheme allegedly implicating Ecuador’s vice president and a former energy minister have come to light thanks to an International Centre for Dispute Resolution (ICDR) award that is now the subject of enforcement proceedings in Florida.

Latin Lawyer tax summit gets CLE accreditation

Latin Lawyer tax summit gets CLE accreditation

06 November 2017

Latin Lawyer's 2nd Annual Tax Summit has got CLE accreditation from The Florida Bar ahead of the big event, which will be held on Thursday in Miami.