Market: Ecuador

Ecuadorean tram disputes reach end of the line

Spanish and French consortiums have won damages – though far less than they sought – in two International Chamber of Commerce (ICC) disputes worth a combined US$75 million with an Ecuadorean municipality over the troubled construction of a tram line through a UNESCO-listed city centre.

15 July 2022

Flor Bustamante hires antitrust partners in Ecuador

Ecuadorean firm Flor Bustamante Pizarro & Hurtado has established an antitrust department by incorporating a local firm, appointing two new partners with the move.

05 July 2022

Peruvian airport gets cross-border loan

Three Latin American firms have helped Peruvian airport services provider Talma obtain a US$135 million financing to repay existing debt.

27 June 2022

LATAM Airlines wins Chapter 11 plan approval

Over two years after it sought Chapter 11 protection in New York, LATAM Airlines has received court approval of a restructuring plan that will facilitate the injection of about US$8 billion through a capital increase, the issuance of convertible bonds and new debt.

22 June 2022

Ecuador liable for moral damages in oilfield dispute

An UNCITRAL tribunal has ordered Ecuador to pay US$11 million to a Singaporean company in an oil field dispute, including moral damages for its “malicious” behaviour in a related criminal proceeding.

10 June 2022

Kennedys makes new ties in Bolivia and Ecuador

International insurance-focused law firm Kennedys has expanded its presence in Latin America by entering association agreements with Bolivian firm López del Solar and Tobar ZVS in Ecuador.

12 May 2022

Several firms help French telecoms group buy LatAm assets

French cable and fibre optic company Nexans has enlisted two offices of Spanish firm Pérez-Llorca, Colombia’s Gómez-Pinzón, Pérez Bustamante & Ponce (PBP) in Quito and Peruvian outfit Miranda & Amado to acquire US$225 million worth of telecoms assets across Latin America from Mexican energy company Xignux.

13 April 2022

Banco Pichincha issues first gender-focused bonds in Ecuador

Profilegal Abogados in Quito has helped Ecuador’s Banco Pichincha raise US$100 million in the country’s first gender-focused social bond issuance.

13 April 2022

Canadian oil group enters Ecuadorean investment agreement

Ecuador’s ROBALINO has helped Canadian oil and gas group Gran Tierra Energy enter into an investment agreement with the Ecuadorean government to protect the company’s oil blocks in the Andean nation worth US$190 million.

30 March 2022

Deal of the Year 2021: the full shortlist

Featured in 16th Annual Awards

Latin Lawyer will announce the winners of the 16th annual Deal of the Year Awards on the night of our charity awards ceremoney at Hotel Unique in São Paulo on Thursday 5 May.

17 March 2022

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