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Pérez Bustamante & Ponce

AV REPÚBLICA DE EL SALVADOR N36-140, EDIFICIO MANSIÓN BLANCA, QUITO, ECUADOR
Tel:
Work +593 2 382 7640
Fax:
Fax +593 2 400 7883
Email:
Web:
www.pbplaw.com
Guayaquil, Quito

Ecuador

Banking and finance
Banking and finance - ranked: tier 1

Pérez Bustamante & Ponce

Pérez Bustamante & Ponce’s ‘highly responsive’ and ‘professional’ ten-strong team has notable experience handling high-value transactions across a wide range of sectors, including energy, natural resources and insurance, as well as advising on regulatory and compliance issues. Well-regarded department head Bruno Pineda acted for Orion and Blackstone as the lenders of the first project finance deal in Ecuador’s mining sector, valued at $450m. Reflecting the strength of the practice’s relations with the multilaterals Pineda, senior associate Natalia Almeida and associate Ricardo Pérez-Irarrázaval advised IIC, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO) and the Canadian Climate Change Fund, as lenders, on a $78m renewable energy project finance deal. Clients include Credit Suisse, Deutsche Bank and Banco de Crédito del Perú.

Leading lawyers

Bruno Pineda - Pérez Bustamante & Ponce

Next generation lawyers

Natalia Almeida - Pérez Bustamante & Ponce

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Competition and antitrust
Competition and antitrust - ranked: tier 2

Pérez Bustamante & Ponce

Praised for producing ‘positive results’, Pérez Bustamante & Ponce’s ten-strong team covers all areas of competition and antitrust law, with particular strengths in merger control, due diligence and cartel matters. Diego Pérez-Ordoñez advised Halliburton on its acquisition of Novomet, including the merger control and clearance aspects. Pérez-Ordoñez and Marco Rubio Valverde, who was promoted to senior associate, assisted Arca Ecuador with an investigation brought by the competition authorities regarding allegations of abuse of dominance. Led by Francisco Roldán-Cobo, the team also includes senior associate Luis Marín-Tobar and Mario Navarrete-Serrano.

Next generation lawyers

Luis Marín-Tobar - Pérez Bustamante & Ponce

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Corporate and M&A
Corporate and M&A - ranked: tier 1

Pérez Bustamante & Ponce

Very professional’, the ‘outstanding’ department at Pérez Bustamante & Ponce has a considerable share of the market, profound experience in cross-border transactions and is noted for its US-trained partners. Recent matters saw practice head Diego Pérez-Ordóñez and Juan Manuel Marchán advise ExxonMobil on the $800m sale of its local oil and fuel business to Copec; while tax specialist Juan Gabriel Reyes led advice to cement manufacturer UNACEM on all aspects of its $13m acquisition of concrete distributor Hormigonera Quito Horquito. Non-transactional activity includes advising disruptive industry player Cabify regarding the applicable regulatory framework for its business; and the practice also features a very strong anti-corruption sub-group led by of counsel Veronica Yepez. The team was further strengthened with the incorporation of Andrés Brown-Pérez, who joined as a senior associate from Skadden, Arps, Slate, Meagher & Flom LLP.

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Dispute resolution
Dispute resolution - ranked: tier 1

Pérez Bustamante & Ponce

Handling all areas of dispute resolution for domestic and international clients, Pérez Bustamante & Ponce’s ‘excellent’ practice is said to ‘consistently provide sophisticated yet practical advice’. ‘Outstanding’ practice co-head Rodrigo Jijón, who acts in both litigation and arbitral matters, has been representing Schering Plough Del Ecuador in a lawsuit bought by a former employee arising from allegations of moral damages following his dismissal. Other recent matters saw Edgar Acosta, together with environmental group head Jaime Zaldumbide, represent Cardno in litigation brought against CELEC EP regarding a payment dispute. The group also includes co-head Juan Manuel Marchán, who combines his corporate activity with a strong arbitral practice; and senior associates Édgar Ulloa Balladares, José David Ortiz-Custodio and Juan Francisco González. Other clients include Merck, Banco Pichincha and Hutchison Port Holdings.

Leading lawyers

Rodrigo Jijón - Pérez Bustamante & Ponce

Next generation lawyers

Édgar Ulloa Balladares - Pérez Bustamante & Ponce

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Energy and natural resources
Energy and natural resources - ranked: tier 1

Pérez Bustamante & Ponce

Pérez Bustamante & Ponce’s team is known for its ‘excellent, sophisticated and practical advice’, as well as ‘creative solutions’ across various sectors, with a particular focus on oil, mining and power. Led by environmental practice head Jaime Zaldumbide, the team has been advising new panel win BHP Billiton on all matters regarding the company’s new mining ventures in Ecuador, including enforcement issues. Zaldumbide, along with well-regarded practice co-head Sebastián Pérez and senior associate María Isabel Aillón-Vásconez, also acted for Codelco in negotiations with ENAMI concerning the development of the Llurimagua mining project. Co-head Francisco Roldán-Cobo, corporate partner Juan Manuel Marchán and M&A group head Diego Pérez-Ordóñez assisted ExxonMobil with the $800m sale of its local oil and fuel business to Empresas Copec. Senior associates Javier Salvador and Edgar Acosta are also names to note.

Leading lawyers

Francisco Roldán Cobo - Pérez Bustamante & Ponce

Jaime Zaldumbide - Pérez Bustamante & Ponce

Sebastián Pérez - Pérez Bustamante & Ponce

Next generation lawyers

María Isabel Aillón-Vásconez - Pérez Bustamante & Ponce

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Intellectual property
Intellectual property - ranked: tier 2

Pérez Bustamante & Ponce

Pérez Bustamante & Ponce’s team handles all areas of IP law for clients across a wide range of sectors, including oil, pharmaceuticals and luxury brands. Practice head Francisco Pérez-Gangotena and associate Luis Marín-Tobar have been representing Ford in various contentious and non-contentious matters, including bringing an action against a third-party company regarding the registration of the ‘Ranger’ mark. Working in conjunction with M&A head Diego Pérez-Ordoñez, Gangotena has also been acting for new panel win Whirlpool Corporation in various trade mark matters. The team, which includes associates Rafael González-Gómez de la Torre and Hugo López-Jijón, was bolstered by the arrival of associate Camila Mateus Villagómez from the Ecuador Institute of Intellectual Property (IEPI).

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Labour and employment
Labour and employment - ranked: tier 1

Pérez Bustamante & Ponce

Considered by clients to be ‘among the best in the country’, Pérez Bustamante & Ponce’s ‘excellent’ practice advises on all areas of labour law and has seen significant growth in the litigation area. Practice director Javier Salvador has been assisting BHP Billiton with the establishment and maintenance of its operations in Ecuador; he and partner-in-charge Diego Palacios have also been advising Acino on day-to-day employment matters and immigration issues arising from its local operations. Other key names include associate Belén Jaramillo-Álvarez, whose previous experience includes three years at the Ministry of Labour Relations, and Julián Contreras-Lebed, who often represents corporate clients in administrative and judicial proceedings. Jorge Cevallos is now of counsel.

Next generation lawyers

Belén Jaramillo-Álvarez - Pérez Bustamante & Ponce

Javier Salvador - Pérez Bustamante & Ponce

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Real estate
Real estate - ranked: tier 1

Pérez Bustamante & Ponce

Among the ‘best firms in Ecuador’, the ‘excellent’ practice at Pérez Bustamante & Ponce advises on all aspects of real estate law and is often instructed by multinational clients. Practice co-head Sandra Reed has been advising JC Decaux on the bidding and execution of a $15m contract concerning the installation and maintenance of a 15-year advertising operation in Guayaquil. Infrastructure expert Juan Manuel Marchán and Guayaquil-based senior associate Nicolás Maldonado continue to assist DP World with a broad range of matters regarding the $1bn Posorja deep-water port project. Diego Pérez-Ordoñez also co-leads the practice, which includes Guayaquil-based senior associate Miguel Mariano González-Ramírez and associate Estefanía López Verdú, who both have particular experience in relation to infrastructure matters. Other clients include Fresenius Medical Care, Grupo Nobis and Hotel Süd.

Leading lawyers

Diego Pérez-Ordoñez - Pérez Bustamante & Ponce

[back to top]

Tax
Tax - ranked: tier 1

Pérez Bustamante & Ponce

Pérez Bustamante & Ponce’s ‘strong’ and ‘very reliable’ department handles a wide range of matters, with particular strength in the automotive and oil industries. On the contentious side, ‘outstanding’ co-head Juan Gabriel Reyes and Carmen Simone-Lasso, who was recently promoted to co-director of the tax practice, have been representing General Motors in a number of cases before local tax courts regarding transfer pricing issues. Reyes and co-head María Rosa Guerra-Durán, along with senior associate Simone-Lasso and Guayaquil-based Nicolás Maldonado, have been representing LATAM Airlines in an administrative claim brought by the authorities arising from a $63m transfer pricing adjustment. Reyes, Simone-Lasso and Juan Francisco Carrasco, who was also promoted to co-director of the tax group, have also been advising BHP Billiton on tax review issues regarding an inbound investment. Other clients include Philip Morris, DP World and Pan-American Life.

Leading lawyers

Juan Gabriel Reyes - Pérez Bustamante & Ponce

Next generation lawyers

Carmen Simone-Lasso - Pérez Bustamante & Ponce

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Latin America: International firms

Local practitioners of note (by country)

Coronel & Pérez’s César Coronel Jones is ‘among the leading arbitration counsels in Ecuador’ and is also an experienced ICA arbitrator. Javier Robalino-Orellana at Ferrere Ecuador is singled out for his ‘substantive knowledge of arbitral practice in Ecuador and internationally’; he regularly handles ICSID, ICC and UNCITRAL proceedings as well as acting as an arbitrator. Xavier Andrade at Andrade Veloz Abogados is ‘an excellent arbitration practitioner with remarkable experience in the field of construction and mining’. Other notable names are Ernesto Alban Ricaurte at Cabezas & Wray Abogados, and the ‘outstanding’ Rodrigo Jijón-Letort and Juan Manuel Marchán-Maldonado at Pérez Bustamante & Ponce.

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Ecuador

Banking and finance
Banking and finance - ranked: tier 1

Pérez Bustamante & Ponce

Pérez Bustamante & Ponce’s ‘highly responsive’ and ‘professional’ ten-strong team has notable experience handling high-value transactions across a wide range of sectors, including energy, natural resources and insurance, as well as advising on regulatory and compliance issues. Well-regarded department head Bruno Pineda acted for Orion and Blackstone as the lenders of the first project finance deal in Ecuador’s mining sector, valued at $450m. Reflecting the strength of the practice’s relations with the multilaterals Pineda, senior associate Natalia Almeida and associate Ricardo Pérez-Irarrázaval advised IIC, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO) and the Canadian Climate Change Fund, as lenders, on a $78m renewable energy project finance deal. Clients include Credit Suisse, Deutsche Bank and Banco de Crédito del Perú.

Leading lawyers

Bruno Pineda - Pérez Bustamante & Ponce

Next generation lawyers

Natalia Almeida - Pérez Bustamante & Ponce

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 2

Pérez Bustamante & Ponce

Praised for producing ‘positive results’, Pérez Bustamante & Ponce’s ten-strong team covers all areas of competition and antitrust law, with particular strengths in merger control, due diligence and cartel matters. Diego Pérez-Ordoñez advised Halliburton on its acquisition of Novomet, including the merger control and clearance aspects. Pérez-Ordoñez and Marco Rubio Valverde, who was promoted to senior associate, assisted Arca Ecuador with an investigation brought by the competition authorities regarding allegations of abuse of dominance. Led by Francisco Roldán-Cobo, the team also includes senior associate Luis Marín-Tobar and Mario Navarrete-Serrano.

Next generation lawyers

Luis Marín-Tobar - Pérez Bustamante & Ponce

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

Pérez Bustamante & Ponce

Very professional’, the ‘outstanding’ department at Pérez Bustamante & Ponce has a considerable share of the market, profound experience in cross-border transactions and is noted for its US-trained partners. Recent matters saw practice head Diego Pérez-Ordóñez and Juan Manuel Marchán advise ExxonMobil on the $800m sale of its local oil and fuel business to Copec; while tax specialist Juan Gabriel Reyes led advice to cement manufacturer UNACEM on all aspects of its $13m acquisition of concrete distributor Hormigonera Quito Horquito. Non-transactional activity includes advising disruptive industry player Cabify regarding the applicable regulatory framework for its business; and the practice also features a very strong anti-corruption sub-group led by of counsel Veronica Yepez. The team was further strengthened with the incorporation of Andrés Brown-Pérez, who joined as a senior associate from Skadden, Arps, Slate, Meagher & Flom LLP.

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

Pérez Bustamante & Ponce

Handling all areas of dispute resolution for domestic and international clients, Pérez Bustamante & Ponce’s ‘excellent’ practice is said to ‘consistently provide sophisticated yet practical advice’. ‘Outstanding’ practice co-head Rodrigo Jijón, who acts in both litigation and arbitral matters, has been representing Schering Plough Del Ecuador in a lawsuit bought by a former employee arising from allegations of moral damages following his dismissal. Other recent matters saw Edgar Acosta, together with environmental group head Jaime Zaldumbide, represent Cardno in litigation brought against CELEC EP regarding a payment dispute. The group also includes co-head Juan Manuel Marchán, who combines his corporate activity with a strong arbitral practice; and senior associates Édgar Ulloa Balladares, José David Ortiz-Custodio and Juan Francisco González. Other clients include Merck, Banco Pichincha and Hutchison Port Holdings.

Leading lawyers

Rodrigo Jijón - Pérez Bustamante & Ponce

Next generation lawyers

Édgar Ulloa Balladares - Pérez Bustamante & Ponce

[back to top]

Energy and natural resources
Energy and natural resources - ranked: tier 1

Pérez Bustamante & Ponce

Pérez Bustamante & Ponce’s team is known for its ‘excellent, sophisticated and practical advice’, as well as ‘creative solutions’ across various sectors, with a particular focus on oil, mining and power. Led by environmental practice head Jaime Zaldumbide, the team has been advising new panel win BHP Billiton on all matters regarding the company’s new mining ventures in Ecuador, including enforcement issues. Zaldumbide, along with well-regarded practice co-head Sebastián Pérez and senior associate María Isabel Aillón-Vásconez, also acted for Codelco in negotiations with ENAMI concerning the development of the Llurimagua mining project. Co-head Francisco Roldán-Cobo, corporate partner Juan Manuel Marchán and M&A group head Diego Pérez-Ordóñez assisted ExxonMobil with the $800m sale of its local oil and fuel business to Empresas Copec. Senior associates Javier Salvador and Edgar Acosta are also names to note.

Leading lawyers

Francisco Roldán Cobo - Pérez Bustamante & Ponce

Jaime Zaldumbide - Pérez Bustamante & Ponce

Sebastián Pérez - Pérez Bustamante & Ponce

Next generation lawyers

María Isabel Aillón-Vásconez - Pérez Bustamante & Ponce

[back to top]

Intellectual property
Intellectual property - ranked: tier 2

Pérez Bustamante & Ponce

Pérez Bustamante & Ponce’s team handles all areas of IP law for clients across a wide range of sectors, including oil, pharmaceuticals and luxury brands. Practice head Francisco Pérez-Gangotena and associate Luis Marín-Tobar have been representing Ford in various contentious and non-contentious matters, including bringing an action against a third-party company regarding the registration of the ‘Ranger’ mark. Working in conjunction with M&A head Diego Pérez-Ordoñez, Gangotena has also been acting for new panel win Whirlpool Corporation in various trade mark matters. The team, which includes associates Rafael González-Gómez de la Torre and Hugo López-Jijón, was bolstered by the arrival of associate Camila Mateus Villagómez from the Ecuador Institute of Intellectual Property (IEPI).

[back to top]

Labour and employment
Labour and employment - ranked: tier 1

Pérez Bustamante & Ponce

Considered by clients to be ‘among the best in the country’, Pérez Bustamante & Ponce’s ‘excellent’ practice advises on all areas of labour law and has seen significant growth in the litigation area. Practice director Javier Salvador has been assisting BHP Billiton with the establishment and maintenance of its operations in Ecuador; he and partner-in-charge Diego Palacios have also been advising Acino on day-to-day employment matters and immigration issues arising from its local operations. Other key names include associate Belén Jaramillo-Álvarez, whose previous experience includes three years at the Ministry of Labour Relations, and Julián Contreras-Lebed, who often represents corporate clients in administrative and judicial proceedings. Jorge Cevallos is now of counsel.

Next generation lawyers

Belén Jaramillo-Álvarez - Pérez Bustamante & Ponce

Javier Salvador - Pérez Bustamante & Ponce

[back to top]

Real estate
Real estate - ranked: tier 1

Pérez Bustamante & Ponce

Among the ‘best firms in Ecuador’, the ‘excellent’ practice at Pérez Bustamante & Ponce advises on all aspects of real estate law and is often instructed by multinational clients. Practice co-head Sandra Reed has been advising JC Decaux on the bidding and execution of a $15m contract concerning the installation and maintenance of a 15-year advertising operation in Guayaquil. Infrastructure expert Juan Manuel Marchán and Guayaquil-based senior associate Nicolás Maldonado continue to assist DP World with a broad range of matters regarding the $1bn Posorja deep-water port project. Diego Pérez-Ordoñez also co-leads the practice, which includes Guayaquil-based senior associate Miguel Mariano González-Ramírez and associate Estefanía López Verdú, who both have particular experience in relation to infrastructure matters. Other clients include Fresenius Medical Care, Grupo Nobis and Hotel Süd.

Leading lawyers

Diego Pérez-Ordoñez - Pérez Bustamante & Ponce

[back to top]

Tax
Tax - ranked: tier 1

Pérez Bustamante & Ponce

Pérez Bustamante & Ponce’s ‘strong’ and ‘very reliable’ department handles a wide range of matters, with particular strength in the automotive and oil industries. On the contentious side, ‘outstanding’ co-head Juan Gabriel Reyes and Carmen Simone-Lasso, who was recently promoted to co-director of the tax practice, have been representing General Motors in a number of cases before local tax courts regarding transfer pricing issues. Reyes and co-head María Rosa Guerra-Durán, along with senior associate Simone-Lasso and Guayaquil-based Nicolás Maldonado, have been representing LATAM Airlines in an administrative claim brought by the authorities arising from a $63m transfer pricing adjustment. Reyes, Simone-Lasso and Juan Francisco Carrasco, who was also promoted to co-director of the tax group, have also been advising BHP Billiton on tax review issues regarding an inbound investment. Other clients include Philip Morris, DP World and Pan-American Life.

Leading lawyers

Juan Gabriel Reyes - Pérez Bustamante & Ponce

Next generation lawyers

Carmen Simone-Lasso - Pérez Bustamante & Ponce

[back to top]

Latin America: International firms

Local practitioners of note (by country)

Coronel & Pérez’s César Coronel Jones is ‘among the leading arbitration counsels in Ecuador’ and is also an experienced ICA arbitrator. Javier Robalino-Orellana at Ferrere Ecuador is singled out for his ‘substantive knowledge of arbitral practice in Ecuador and internationally’; he regularly handles ICSID, ICC and UNCITRAL proceedings as well as acting as an arbitrator. Xavier Andrade at Andrade Veloz Abogados is ‘an excellent arbitration practitioner with remarkable experience in the field of construction and mining’. Other notable names are Ernesto Alban Ricaurte at Cabezas & Wray Abogados, and the ‘outstanding’ Rodrigo Jijón-Letort and Juan Manuel Marchán-Maldonado at Pérez Bustamante & Ponce.

[back to top]


Further information on Pérez Bustamante & Ponce

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Ecuador

Offices in Quito and Guayaquil

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