Ecuadorian Latin Lawyer 250 firm Carmigniani Pérez Abogados has promoted two lawyers to the partnership – including appointing its first ever female partner – in doing so strengthening its banking, corporate and disputes practices.
Ecuador is set to become the newest entrant to the market-friendly Pacific Alliance trade bloc, putting it on a path to receiving greater foreign investment. The legal markets of Ecuador’s prospective trade partners have opened up to foreign firms more than anywhere else in the region. At a roundtable in Quito law firm partners weighed up whether Ecuador’s local heavyweights should fear what is to come, or if there will be enough work to go around.
Ecuadorian law firm Carmigniani Pérez Abogados has helped Spanish-Ecuadorian consortium Urvaseo obtain a US$402 millon waste collection contract in Guayaquil – in spite of a complaint brought by one of its competitors.
An Ecuadorian government body responsible for regulatory appointments has named Danilo Sylva Pazmiño as the head of the country’s competition authority.
Corral Rosales and Carmigniani Pérez have dissolved their four-year combination, ending a landmark tie-up between two of Quito and Guayaquil's most respected firms and marking another major break-up in Ecuador's legal market.
Simpson Thacher & Bartlett LLP, Colombia’s Brigard & Urrutia Abogados and Ecuador’s Corral Rosales Carmigniani Pérez have helped Chilean energy conglomerate Empresas Copec reach a US$747 million deal to buy oil major ExxonMobil’s lubricants and fuels business in Colombia, Ecuador and Peru.
Ecuador’s competition enforcer yesterday fined a subsidiary of América Movil US$82.3 million for failing to comply with an order tied to an earlier abuse of dominance ruling, and reduced the penalty because of the very same conduct for which the company was fined.
Two-years after filing for bankruptcy, Ecuadorean steelmaker Talleres Metalurgicos (Talme) has won approval from creditors to restructure US$25 million of debt with the help of Corral Rosales Carmigniani Pérez, in a rare example of Ecuador’s out-of-court restructuring legislation being put to use.
In the wake of Ecuador’s devastating 7.8 magnitude earthquake, Tom Muskett-Ford hears about the pro bono relief efforts local firms have undertaken to help the shattered country back on its feet.
Ecuador’s Corral Rosales Carmigniani Pérez has helped US low-cost airline JetBlue get approval for a daily flight between Quito and Fort Lauderdale in Florida.