Santiago Palacios > CorralRosales > Quito, Ecuador > Lawyer Profile


Work Department

Corporate, Dispute Resolution, Environmental




Santiago Palacios is a partner at CorralRosales. He has more than 20 years’ experience representing local and international clients in dispute resolution, corporate, and environmental law matters. He represents clients across a range of different industries such as distribution and services, energy and natural resources, food and beverage, infrastructure and construction, insurance, pharma, real estate and retail. 
In the dispute resolution area, Santiago represents local and international clients in administrative and judicial disputes, but he is also active in alternative dispute resolution methods, especially arbitration. Clients are particularly fond of Santiago’s capacity to generate defense strategies following an exhaustive study of the case and taking into consideration the pertinent regulations. He is also noted for his profound knowledge of each client, their activities, and the business in conflict. 
In the corporate sector, Santiago provides legal counsel in relation to, among others, complex mergers and acquisitions and the purchase and leasing of assets. In addition, he provides day-to-day advice as per company needs and new projects. He also provides training to officials on various legal issues and assists in compliance matters. 
In environmental and natural resources law, Santiago represents clients in administrative and judicial processes and in the management and resolution of socio-environmental conflicts; he has achieved successful agreements in complex conflicts with indigenous communities and environmental authorities, thus preserving the relationship between clients and different social actors. 
Santiago’s legal expertise makes him an industry leader in the insurance sector, advising some of the most important insurance companies operating in Ecuador in the prevention of conflicts and keep their businesses protected. This includes regulatory compliance before the relevant authorities, as well as the representation of companies in administrative and judicial processes. 
Santiago has been recognized by legal directories such as Chambers and Partners, Latin Lawyer, Leaders League, The Legal 500 and LACCA. 


Spanish - English


Santiago Palacios is a graduate of Pontificia Universidad Católica del Ecuador, has several specialization courses, including courses in international business law and environmental law. 

Lawyer Rankings

Ecuador > Real estate

CorralRosales houses a real estate team that is primarily focused on sale and lease agreements. Quito-based partner Santiago Palacios has oversight of the practice and handles real estate transaction-related dispute resolution matters; Guayaquil-based senior associate Ramón Paz y Miño also noted as a contact for real estate matters.

Ecuador > Corporate and M&A

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.

Ecuador > Dispute resolution

CorralRosales is particularly active in the field of civil, commercial and administrative litigation. It is also active in arbitral matters and has experience in alternative dispute resolution and mediation. The team is led by Santiago Palacios, with a focus on the real estate, insurance, energy and finance sectors; he represents clients in a broad range of litigious and arbitral disputes and has a particular niche in procurement disputes. Additional partner level participation is provided by managing partner Xavier Rosales who is noted for arbitration cases and disputes relating to competition; while at associate level, senior Mateo Zavala, undertakes civil, administrative, constitutional and labour litigation (including procedural elements), along with administrative sanctioning proceedings.