Market: Ecuador

US court enforces Perenco award against Ecuador

A US court has enforced a US$412 million International Centre for Settlement of Investment Disputes (ICSID) award against Ecuador that was the subject of a recent settlement agreement – while refusing to offset it against a disputed tax bill.

22 March 2023

Last chance to register to our renewables event in Cartagena

A prominent oil & gas partner from Brazil's Cescon, Barrieu, Flesch & Barreto Advogados and the lead renewable energy counsel for IDB Invest will speak at Latin Lawyer Live: Renewable Energy 2023 in Cartagena next month.

14 March 2023

Solarpack inks first large-scale renewables concession in Ecuador

Flor Bustamante Pizarro & Hurtado has advised Spanish renewables group Solarpack as it signed an agreement to develop and operate a large-scale solar energy project in Ecuador.

13 March 2023

Ecuador’s Banco Pichincha makes US$200 million DPR issuance

Ecuador’s Banco Pichincha has enlisted Greenberg Traurig LLP in New York and Pérez Bustamante & Ponce (PBP) in Quito issue US$200 million worth of notes.

09 March 2023

Ecuador to file charges over alleged hydro dam bribery scheme

Ecuadorean prosecutors will ask a court to accept corruption charges against 37 people including an ex-president and a former Chinese ambassador over an alleged bribery scheme to win a contract to build a US$2.5 billion hydroelectric dam.

28 February 2023

Ecuadorean supermarket gets US$45 million loan from IDB Invest

Lexvalor Abogados has helped Ecuador’s largest retailer, supermarket group Corporación Favorita, obtain a US$45 million loan facility from IDB Invest.

27 February 2023

Deal of the Year: the shortlists for M&A, ESG and private equity

Latin Lawyer is delighted to announce the deals shortlisted for the private and public M&A, ESG and private equity categories of our 17th annual Deal of the Year Awards.

24 February 2023

Deal of the Year: the shortlists for capital markets, banking and finance and project finance

Latin Lawyer is delighted to announce the deals shortlisted for the capital markets, banking and finance and project finance categories of our 17th annual Deal of the Year Awards.

23 February 2023

Deal of the Year: the shortlists for disputes, regulatory and restructuring

Latin Lawyer is delighted to announce the deals shortlisted for the disputes, regulatory and restructuring categories of our 17th annual Deal of the Year Awards.

22 February 2023

Ecuadorean bank makes inaugural green bond issuance

Clifford Chance LLP in Washington, DC has helped French development bank Société de Promotion et de Participation pour la Coopération Economique (Proparco) underwrite the first green bond issuance made by Ecuador’s Banco Guayaquil, which raised US$45 million.

13 February 2023

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