Noboa, Peña & Torres, Abogados > Quito, Ecuador > Firm Profile
Noboa, Peña & Torres, Abogados Offices

Av. República de El Salvador N36-230 & Av. Naciones Unidas
Edificio Citibank, Piso 2
QUITO
Ecuador
Noboa, Peña & Torres, Abogados > The Legal 500 Rankings
Ecuador > Corporate and M&A Tier 2
Working from its offices in Quito and Guayaquil, Noboa, Peña & Torres, Abogados’ corporate practice is co-led by firm managing partner Patricio Peña (corporate and commercial law, M&A, capital markets, and banking & finance) in the capital; and Marcelo Torres (corporate and commercial law, M&A, and labour matters) in the country’s key industrial base, the port city of Guayaquil. The team handles a broad range of corporate and commercial work, with a focus on restructuring, governance, and financing agreements – although, M&A also represents a key area of work for the firm. At the associate level, key support comes from corporate and commercial law focused senior Patricia Marchán, with fellow senior Francisco Larrea and María Elena Sanmartín -both of whom primarily focus on oil, gas and power matters- also active members of the corporate practice group.Practice head(s):
Patricio Peña; Marcelo Torres
Testimonials
‘The attention of its lawyers is personalized to our operations. NPT staff is involved from the beginning until the case is closed.’
‘Very good legal support in corporate legal matters.’
‘Patricio Peña has very solid knowledge and experience, very good contacts in the public and private environments, proactive and in good timing advise.’
‘Excellent coordination and definition of the legal strategy.’
‘The office is very well connected centrally, it has prestigious and recognized lawyers.’
‘Analytical, subject matter experts and thorough.’
Key clients
Heineken International
Grupo Produfuente
Asociación de Productores de Biocombustibles del Ecuador
Pinturas Unidas
Comercializadora Nutrimed
Nestlé
Iván Bohman
Transfuel Group
AIFA
Minutocorp
Abcalsa
Inversiones BalesiaTowers
Casabaca
Inmobiliaria Omicron
Solubles Instantaneos
Barry Callebaut
Asociación De Empresas De Courier Asemec
Sociedad De Inversiones F Y A
Drinzo
Sociedad Nacional De Galapagos
Expalsa Exportadora De Alimentos
Citibank
Grupo Cobra
Banco Santander
Banco Latinoamericano De Comercio Exterior
Zurich Ecuador
Telefónica
Quanta Services
Cisco Systems
Herdoiza Crespo Construcciones
Interoc
Carlita Snacks Carlisnacks
Trenes Caf Venezuela
Adecco
Dhl Express
Ecuahielo
Laboratorios Industriales Farmacéuticos Ecuatorianos, Life
Soderal Sociedad de Destilación De Alcoholes
Plásticos Del Litoral Plastlit
Grupo Holco
Grupo Corpesa
Unión Ferretera
Axaquímica
Exposynergy
Pesquera Polar
Llorente & Cuenca
Etfs Capital
Goldman Sachs
Roddome Pharmaceutical
Edisa
Federación Nacional de Azucareros del Ecuador
InDriver
Global Ratings
Laboratorios Biomont
AGP
Grupo Jácome
Santa Elena Petroleum
Work highlights
- Advised Exposynergy in carrying out the subscription process of an investment contract between Exposynergy and the Ecuadorian State.
- Advised Nature Barrels on an NFT merchandise project, with a strong focus on sustainability, to be released in 2022.
Ecuador > Dispute resolution Tier 2
With a presence in Quito and Guayaquil, Noboa, Peña & Torres, Abogados acts in a range of litigation and has a particular focus on tort-related claims arising in the context of civil and commercial cases. Name partner Gonzalo Noboa leads the team and has over 30 years' experience in the dispute resolution arena - particularly in civil litigation with a focus on defamation, unfair competition, and contract disputes. Working alongside him is Patricio Peña Romero, an expert in financial disputes and asset recovery cases. Other key figures include practice directors (of the dispute resolution and oil-and-gas practices, respectively), Margarita Vélez, who handles constitutional, administrative, civil and family litigation, as well as arbitration); and Francisco Larrea, whose practice includes local and international litigation and arbitration related to the hydrocarbons and projects sectors).Practice head(s):
Gonzalo Noboa
Ecuador > Labour and employment Tier 3
The labour and employment team at Noboa, Peña & Torres, Abogados is active in advisory matters as well as mediation and litigation, with a notable focus on employee termination mandates. Another key area for the firm is trade union relations, where it acts for clients in a range of negotiations in relation to collective bargaining agreements. Leadership of the practice is divided between Patricio Peña, an expert in the employment aspects of corporate restructurings; and Marcelo Torres, who is noted for his labour advice in relation to M&As.Practice head(s):
Patricio Peña; Marcelo Torres
Key clients
Laboratorios Industriales Farmacéuticos Ecuatorianos
Rocalvi
Grupo Corpesa
Navilusal
Champion Technologies del Ecuador
Panamericana Vial Panavial
Llorente & Cuenca
Empresa Pesquera Polar
Corporación Ecuatoriana de Aluminio
Nestlé Ecuador
DHL Express Ecuador
Adecco Group
Ecolab Ecuador
GTM-Ecuador
Barry Callebaut Ecuador
Bayteq
Roddome Pharmaceutical
Plastlit
Plastlit
Sudamericana Integral de Construcciones
Mexichem Ecuador
Ciscosystems Ecuador
Ecuador > Tax Tier 3
The tax team at Noboa, Peña & Torres, Abogados focuses on transfer pricing, the tax aspects of corporate transactions, and the design and implementation of efficient tax structures for new businesses. Led by Patricio Peña Romero, the practice also acts for its clients in a range of disputes, with Gonzalo Noboa Baquerizo also noted as a key contact in this respect. With 15 years' experience, associate practice director Andrés Cortez handles national and international tax planning, M&A-related tax advisory and planning, and corporate restructuring; he also has solid knowledge of transfer pricing and an active role in litigation. Associate Verónica Zambrano spent 12 years at the SRI and has experience in tax control and compliance, tax litigation and advisory, criminal tax, and constitutional and contentious-administrative matters.Practice head(s):
Patricio Peña
Ecuador > Energy and natural resources Tier 4
Noboa, Peña & Torres, Abogados has endured a difficult year with the departure of environmental partner Rafael Pástor (to establish Guayaquil-based boutique, Pástor Estudio Jurídico Ambiental) in March 2022, followed by the loss of associate María Elena Sanmartín who moved in house at Grupo Cobra the following month. These losses notwithstanding, the practice remains afoot due to the drive of associate director Francisco Larrea, who has expertise in corporate structuring, project financing and particularly, both transactions and dispute resolution in the energy and oil-and-gas sectors. The firm’s broad service offering also allows it to support its oil, gas and mining industry clients on a range of tax, labour, corporate and regulatory matters.Practice head(s):
Francisco Larrea
Testimonials
‘They know the O&G sector in Ecuador.’
‘They have experience in the commercial part for the acquisition of O&G goods and services.’
‘Availability to meet the requirements of the sector.’
Key clients
Cobra Instalaciones y Servicios
Cuyabenopetro
Villonacoenergy
Cobra Oil & Gas
Santa Elena Petroleum Santalenapetro
Montecz
Agnamar
Lubrisa
Gtm-Ecuador
Work highlights
- Advised Cuyabenopetro and Cobra Oil & Gas in ongoing operations, as well as the negotiation and execution of a contract term extension for 5 additional years, and $60m investment.
- Advised Grupo Cobra in the bidding processes for the design, construction, operation and maintenance of non-renewable energy generation project “Villonaco II y III”.
- Advised Santa Elena Petroleum in ongoing operations during Covid-19 pandemic, which includes drilling and completing wells in oil fields.
Noboa, Peña & Torres, Abogados > Firm Profile
With over 20 years of experience in the Ecuadorian legal market, Noboa, Peña & Torres, Abogados is a leading law firm that stands out for its high standard of professionalism, ethics, and constant search for innovative solutions, which are provided nationwide through its two strategically located offices in the cities of Quito and Guayaquil.
The firm has in-depth knowledge and experience in sophisticated transactions, involving both national and international matters and is well-recognized for its provision of legal services to clients ranging from Fortune 500 enterprises to entrepreneurs. Clients value the firm’s capability to deliver solid, creative, effective and cost-efficient legal advice based on their needs and goals.
Noboa, Peña & Torres, Abogados is also a founding partner of the Ibero-American Legal Network (Red Legal Iberoamericana), an alliance of prestigious Ibero American Law Firms with 21 offices in 18 countries, having as main objective the creation of business opportunities for clients in those jurisdictions.
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Founding partner. Dispute Resolution, Antitrust, Commercial. | Gonzalo Noboa B. | gnoboab@legalecuador.com | +593 4 2300814 |
Founding partner. Banking & Finance, Antitrust, Commercial. | Patricio Peña R. | patopena@legalecuador.com | +593 2 2970193 |
Founding and managing partner. Commercial, Labour, Arbitration. | Marcelo Torres | mtorres@legalecuador.com | +593 4 2300814 |
Director of the Dispute Resolution practice. | Margarita Vélez | mvelez@legalecuador.com | +593 4 2300814 |
Director of Oil & Gas and Energy. | Francisco Larrea | fslarrea@legalecuador.com | +593 2 2970193 |
Director of the Tax practice. | Andrés Cortez | acortez@legalecuador.com | +593 2 2970193 |
Lawyer Profiles
Photo | Name | Position | Profile |
---|---|---|---|
![]() | Adv Jorge Luis Carrión | Senior Associate | View Profile |
![]() | Adv Dr Andrés Cortez | Director of the Tax Practice, Senior Associate | View Profile |
![]() | Adv Andrés Egas | Associate | View Profile |
![]() | Adv Henry Gaibor | Senior Associate | View Profile |
![]() | Adv Carolina Izurieta | Senior Associate | View Profile |
![]() | Adv Francisco S. Larrea | Director of the Oil & Gas and Energy practice | View Profile |
![]() | Adv Fabián Patricio Peña A. | Senior Associate, leader of the Real Estate Practice | View Profile |
![]() | Adv Dr Patricio Peña R. | Founding partner | View Profile |