Market: Ecuador

Ecuador covid-19 information hub

As governments respond to the pandemic by enacting emergency legislation that will affect all areas of society and doing business, we are providing a central information hub that contains the enacted legislation and other relevant official communication issued in relation to the crisis.

29 June 2020

Spain’s ECIJA continues LatAm expansion with Brazil and Ecuador

Spanish firm ECIJA has added to its existing footprint in Latin America and launched offices in Brazil and Ecuador by incorporating local outfits.

26 June 2020

M&A deals in Ecuador: March-December 2019

Featured in Deal reports 2019

Below we present M&A deals that closed in Ecuador between March and December 2019.

19 June 2020

Closed M&A deals multijurisdictional: March-December

Featured in Deal reports 2019

Latin Lawyer recorded 22 multijurisdictional M&A deals that closed in Latin America from March to December 2019. Counting the deals, of which the value was public, the combined deal value was US$2.5 billion.

15 June 2020

Ecuador's Lexvalor and Pérez Bustamante behind Favorita buy

Ecuador’s Lexvalor Abogados has helped local supermarket chain Corporación Favorita acquire a majority stake in food catering company Hanaska.

08 June 2020

Retailer chain gets IDB Invest loan to expand in Ecuador

Hogan Lovells LLP in Washington, DC and Pérez Bustamante & Ponce in Quito have helped Inter-American Investment Corporation (IIC) lend US$40 million to South American retail chain Tiendas Industriales Asociadas (Tía), which will use the funds to open new stores in Ecuador.

08 June 2020

If not now, when? Deconstructing Ecuador’s energy regulations

Featured in Covid-19: reporting on a crisis

Covid-19 and the oil market crisis present an opportunity for Ecuador to sink or swim. It can either adapt to the new world scenario and reinvent its legal framework to entice foreign investors to its oil industry, or remain paralysed. Pérez Bustamante & Ponce partner Jaime Zaldumbide and associate Patricio Albuja consider how the country can update its out-of-date energy regulations for the future.

04 June 2020

Hogan Lovells and Cleary help amend Ecuador’s US$19 billion debt load

Hogan Lovells LLP in New York, Houston and Miami have helped the Republic of Ecuador and state-owned oil company Petroamazonas EP reach successful consent solicitations with creditors to delay debt and interest payments and change the terms and conditions of various debt series worth a combined US$19 billion.

02 June 2020

Lundin divests Ecuador’s largest gold mine to Australian miner

McCarthy Tétrault in Toronto and Bustamante & Bustamante in Quito have helped Australian mining company Newcrest buy the Fruta del Norte gold mine in south-eastern Ecuador for US$460 million.

29 May 2020

Central America, Ecuador, Paraguay and Uruguay debt capital markets report: July-December

Featured in Deal reports 2019

Latin Lawyer recorded 11 debt capital markets deals in Central America, the Dominican Republic, Ecuador, Panama, Paraguay and Uruguay, with a total combined value of approximately US$7.1 billion.

26 May 2020

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