Market: Ecuador

Five firms in Spanish-language media deal

Five Jones Day offices, Argentina’s Allende & Brea, Bergstein Abogados in Montevideo and Paz Horowitz Abogados in Quito have helped US media company Entravision acquire a controlling stake in advertising company RedMas from counterpart Grupo Cisneros.

19 November 2020

Costa Rican retailer to expand Forever 21 in Latin America

EY Law (Costa Rica) and Ferrere (Ecuador) have helped Costa Rica’s AR Retail enter a partnership with US company Authentic Brands Group (ABG) to expand the latter’s Forever 21 clothing brand in Latin America.

10 November 2020

Paz Horowitz helps Ecuadorean miner get tax discount

Paz Horowitz Abogados has helped local mining group Planta Industria LACEC obtain a 12-year tax discount for a US$9 million investment agreement with the Ecuadorean government.

10 November 2020

Garrigues, Pérez Bustamente and Lazo & De Romaña in cybersecurity buy

Garrigues in Chile, Colombia and Peru and Ecuador’s Pérez Bustamante & Ponce have helped Chilean telecoms company Grupo Gtd’s Peruvian subsidiary acquire a majority stake in cybersecurity company SecureSoft.

30 October 2020

Giving up the ghost: Latin Lawyer's 2020 fees survey

Featured in Fees 2020

In shining a spotlight on issues that have been bubbling under the surface for years, the covid-19 pandemic and the pressure it puts on client appetite for costly legal services is a chance for progressive law firms to rethink entirely how they value what they do. In doing so, they can remodel themselves into organisations of the future.

29 October 2020

LATAM Airlines completes debtor-in-possession loan

Multiple international and Latin American law firms have helped in the closing of LATAM Airlines’ US$2.45 billion debtor-in-possession (DIP) financing, after overcoming several judicial hurdles.

14 October 2020

Airport investor brings tax claim against Ecuador

A Canadian construction company is pursuing an investment treaty claim against Ecuador over taxes relating to the construction of Quito’s international airport – nine years after an International Centre for Settlement of Investment Disputes (ICSID) case over the same project was discontinued.

01 October 2020

Aguilar Castillo Love expands in Ecuador with Bustamante hire

Central American law firm Aguilar Castillo Love has hired an energy lawyer from Bustamante & Bustamante in Ecuador, adding its second partner in Quito this year.

29 September 2020

Germany’s Delivery Hero expands in Latin America

Cuatrecasas in Madrid and Lima, three Arias offices and Ferrere (Ecuador) have helped German on-demand food services business Delivery Hero buy Spanish counterpart Glovo’s entire Latin American operation for 230 million euros (US$273 million), adding several new markets to its existing regional portfolio.

21 September 2020

Ecuador completes US$17.4 billion debt restructure

Ecuador has completed a deal with bondholders to restructure an international debt pile worth US$17.4 billion, enlisting six Hogan Lovells LLP offices to do so, while deal manager Citigroup hired Cleary Gottlieb Steen & Hamilton LLP offices in New York and Buenos Aires and Ecuador’s Pérez Bustamante & Ponce.

04 September 2020

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