Francisco Rosales > CorralRosales > Quito, Ecuador > Lawyer Profile
ROBLES E4-136 y AVENIDA AMAZONAS
EDIFICIO PROINCO CALISTO, PISO 12
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Competition, Corporate, Intellectual Property, Labor, Tax
Partner and President
Francisco Rosales is a partner and the president of CorralRosales. He has more than 40 years of experience representing local and international clients in matters of Competition, Corporate, Tax, Labor and in general in business legal matters. Francisco combines his extensive knowledge of operations related to different sectors such as the Aviation, Distribution and Services, Energy and Natural Resources, Food and Beverages, Infrastructure and Construction, Insurance, Pharma, and Retail.
Francisco’s work includes advice to local and international clients, the design of legal strategies to facilitate the companies’ business performance, reviewing and writing different reports, opinions and contracts. He also writes analyses on the local and international political and economic situation.
In the area of Competition, Francisco provides guidance on merger authorization processes by the competition authority, and he counsels and sponsors clients in the defense of anti-competitive behavior investigations and due diligence processes in competition matters.
Francisco has combined the practice of law with his participation as chair and member of the boards of several banks and industrial, commercial and insurance companies of Quito, Guayaquil and Cuenca, through which he has acquired direct knowledge of the main problems that companies face and their solution alternatives.
Francisco was Minister of Industries, Trade and Integration. In that capacity, he chaired the Cartagena Agreement Commission, the current Andean Community of Nations and the board of the Andean Development Corporation. During the nineteen-eighties, Francisco Rosales was a member of the Monetary Board – at that time the highest economic body – appointed by the industrial, commercial and agricultural sectors of the Sierra of Ecuador.
Francisco actively participates in the publication of articles for local and international media and is part of editorial teams of prestigious Ecuadorian newspapers such as El Comercio and El Hoy. In their weekly columns, he addresses political, economic and international issues. In 2016 he published the book Repaso, which is a collection of 215 of the 1352 published articles during the last 36 years of his career.
Francisco has been recognized by legal directories such as: Chambers and Partners, Latin Lawyer, LACCA, Legal 500, among others.
The competition practice at CorralRosales offers a service that extends to both contentious and non-contentious work, advising clients on merger control, unfair competition, abuse of market power claims and administrative and judicial proceedings. The practice is co-led by experienced senior partner Xavier Rosales, who has a ‘holistic view’ of competition and antitrust issues; and senior associate Ana Samudio, who has a strong background in administrative and regulatory matters. Francisco Rosales is another integral member of the practice, particularly for preventative competition strategies related to international.
CorralRosales often ‘exceeds expectations’ when it comes to instructing high-profile foreign businesses with regard to operations in Ecuador. With a full-service offering, the practice acts for the likes of Nestlé, Bayer and Marriot Hotels on a range of M&A, corporate restructurings, financing transactions and shareholder agreements. Recently, it acted for “Internet of Things” company Location World Holdings on a restructuring tailored towards the transfer of a holding company to a foreign market and the opening of several subsidiaries across Latin America. The matter was led by Leading this matter and heading the wider corporate practice is founding partner Xavier Rosales, who is highly-regarded for his work on complex cross-border transactions. Co-founding partner Francisco Rosales, along with Santiago Palacios and Rafael Rosales, round out the practice’s four-partner team, further extending the firm’s expertise regarding entry into the Ecuadorian market: all three are senior figures who have amassed considerable experience across the corporate transactional spectrum. From the associate ranks, seniors Milton Carrera and Ricardo Mancheno are both highlighted for their broad practices that range across corporate day-to-day matters to transactional and immigration work.