Flor Bustamante Pizarro Hurtado Abogados > Edificio Mirage Piso, Ecuador > Firm Profile

Flor Bustamante Pizarro Hurtado Abogados
AV. 12 DE OCTUBRE
N26-48 Y ORELLANA
EDIFICIO MIRAGE PISO 8
Ecuador

Ecuador > Energy and natural resources Tier 2

Flor Bustamante Pizarro Hurtado Abogados is active across a range of matters within the energy sector, with notable recent instructions including M&A transactions, cross-border financings, and contract negotiations. The team is also adept at advising clients on the early stages of projects, including precontractual and structuring advice. The group is jointly led by mining specialist Andrés Ycaza Palacios, Agustin Hurtado Larrea, who focuses primarily on oil and gas work, and Mario Alejandro Flor, who is highly experienced in banking and finance matters, with a particular focus on infrastructure financing. At senior associate level, Alejandro Pérez Arellano is a key contact for sovereign-guaranteed financing matters, while Carlos Torres is a figure to note for regulatory and environmental work.

Practice head(s):

Mario Alejandro Flor; Agustín Hurtado Larrea; Andrés Ycaza Palacios

Key clients

Sunstone Metals

Unipec America

Fortescue Metals Group

Dundee Precious Metals

Atico Mining

Tempus Resources

Work highlights

  • Advised Sunstone Metals on the increase of its stake in La Plata Minerales, the holder of the Bramaderos gold-copper project concession, to 87.5%.
  • Advised Sunstone Metals on a staged acquisition contract with the purpose of acquiring the El Palmar copper-gold project from Golden Exploration Ecuador.
  • Advised Scotia Bank, the lender and the offshore collateral agent, on the amendments to local security documents and ratification of the onshore collateral agent agreement due to the entering of Newcrest in the Fruta del Norte mining project.

Ecuador > Banking and finance Tier 3

Mario Alejandro Flor heads the team at Flor Bustamante Pizarro Hurtado Abogados, with a practice that focuses on infrastructure financing, in addition to handling several more general financing deals for large foreign investors and banks. José Cisneros Pazmiño is another key figure within the team, providing a range of advice across the finance practice, with an emphasis on matters involving the infrastructure sector.

Practice head(s):

Mario Alejandro Flor

Key clients

Inter-American Investment Corporation

Corporación Interamericana para el Financiamiento de Infraestructura

Scotia Bank

Cifi Latam

Darby Overseas Partners

Proparco

Work highlights

  • Advised BID Invest, as senior lender, on the $230m financing granted to Corporacion Favorita, one of the largest companies in Ecuador.
  • Advised Cifi Latam on the $10m financing granted to Ecuador Tower Company to put in place new telecoms towers.

Ecuador > Corporate and M&A Tier 4

Well known for its expertise in the oil and gas, mining and energy sectors, Flor Bustamante Pizarro Hurtado Abogados is highly experienced in advising international companies on cross-border M&A transactions. Mario Alejandro Flor, who is particularly active in the infrastructure sector, leads the team with Agustin Hurtado Larrea. Andrés Ycaza Palacios has a strong mining practice and frequently advises on corporate matters in the energy and natural resources space. At associate level, Juan Carlos Herrera focuses on M&A and cross-border matters, while Carlos Torres Salinas leads the firm's start-ups practice.

Practice head(s):

Mario Alejandro Flor; Agustin Hurtado Larrea

Testimonials

‘The team is dedicated to providing a timely and professional response to the client.’

‘Mario Flor is an excellent lawyer.’

Key clients

Sinch/Wavy Group

Sunstone Metals

Dundee Corporation

Work highlights

  • Advised Sinch on the acquisition of Ecuadorian company Cyclelogic Ecuador, which was part of the Wavy Group.
  • Advised Sunstone Metals on the staged acquisition of the El Palmar project.
  • Advised Dundee Corporation on a private placement with respect to the issuance of unsecured convertible debentures of Atico Mining Corporation for $6.5m.

Ecuador > Dispute resolution

The team at Flor Bustamante Pizarro Hurtado Abogados focuses on disputes in the energy and natural resources sectors, acting in litigation, commercial and investment treaty arbitration, and mediation.

We are a law firm with partners who have more than 25 years of experience advising foreign and national clients, committed to providing excellent legal services.

We have the strongest legal practice in Ecuador in energy and natural resources and project finance. We are also leaders in corporate and commercial, M&A, tax and dispute resolution.

We have participated in major transactions in Ecuador involving operators, financiers, and executors in different economic sectors, including oil and gas, mining, energy, fuel distribution, food and beverages.

We have advised the largest infrastructure projects in several areas of the economy, such as airports and ports, energy, oil and mines, education, agro-industry, urban transportation, and others.

The projects in which we have participated have been awarded by international publications, such as the “Deal of the Year” award granted by the prestigious IFLR and Latin Lawyer publications.

The prestige of our lawyers is recognized globally by our clients and different legal publications, such as Chambers, The Legal 500, Latin Lawyer, Leaders League, IFLR 1000 and The Tax Experts.

DepartmentNameEmailTelephone
Project Finance; Foreign Investment; Financial Law; Corporate & Commercial; Civil and Administrative Proceedings; Energy and Non-Renewable Natural Resources Mario Flormario.flor@fbphlaw.com+593 999708800
Mining; Oil and Gas; Energy; M&A; Project Finance; Competition; Environmental; Intellectual Property Roque Bustamanteroque.bustamante@fbphlaw.com+593 999463866
Corporate and Commercial Law; Oil and Gas; Energy; M&A; Contracts; Labor; Telecommunications Jorge Pizarrojorge.pizarro@fbphlaw.com+593 999473808
Oil & Gas; Energy; Public Contracting; Arbitration; Corporate and Commercial; M&A; Competition Agustín Hurtado: agustin Hurtadoagustin.hurtado@fbphlaw.com+593 23941054
Mining; Corporate; Environmental Andrés Ycazaandres.ycaza@fhlegal.ec+593 23941057
Tax; Labour; Administrative Law José Cisnerosjose.cisneros@fbphlaw.com+593 987296503
Corporate law; Oil and Gas; Migration Law Verónica Rualesveronica.ruales@fbphlaw.com+593 987901470
Tax; Procedural Tax; Administrative Juan Carlos Peñafieljuancarlos.penafiel@fbphlaw.com+593 992766637
Corporate law; Energy; M&A; NGOs; Finance Law; Labor Miguel Pizarromiguel.pizarro@fbphlaw.com+ 593 984256216
Corporate and Commercial; Tax Diego Medinadiego.medina@fbphlaw.com+593 967442713
Ximena Cabezas : Associate
Manuel Fernández De Córdoba : Associate
Alejandro Pérez : Associate
María Fernanda Mencías : Associate
Diego Ponce : Associate
Sebastian Corral : Associate
Alejandra Soriano : Associate
Juan Carlos Herrera : Associate
Roque Javier Bustamante : Associate
Carlos Torres : Associate
Galo Sánchez : Associate
Claudia Bustamante : Associate
David Cruz : Associate
Victor Obando : Associate
Jael Lafebre : Associate
Lucía Dousdebés : Legal Assistant
Angélica Torres : Legal Assistant
Julio Olmedo : Legal Assistant
Juan Martín Sánchez : Legal Assistant
Arianna Ortíz : Legal Assistant
English
Spanish

Flor Bustamante Pizarro & Hurtado (“FBPH”) is an Ecuadorian law firm that helps international and local investors to develop its projects and businesses in the country and to grow in the Latin American region.

With approximately 40 people, our commitment with excellence and our business know-how and creative lawyering have built us a reputation for innovation and thinking ahead. Our clients commend us as a strategic partner for bringing effective answers to their most complex legal and commercial challenges.

Our partners have more than 25 years of experience advising foreign and national clients. We have the strongest legal practice in Ecuador in Energy and Natural Resources and Project Finance. We are also leaders in Corporate and Commercial, M&A, Tax and Dispute Resolution.

We have participated in major transactions in Ecuador involving operators, financiers, and executors in different economic sectors, including Oil & Gas, Mining, Energy, Telecommunications, Transportation, Fuel Distribution, Pharmaceutical, Food and Beverages.

We have advised the largest infrastructure projects in several areas of the economy, such as airports and ports, energy, oil and mines, education, agro-industry, urban transportation, highways and others.

The Clients:

We have worked with clients who are based in U.S.A., Canada, Mexico, U.K., Spain, Germany, France, Italy, The Netherlands, Finland, China, Japan, India, Australia, New Zealand, UAE, etc. In the Latin-America region, we have worked with clients from Colombia, Peru, Chile, Argentina, Brazil, among other countries.

The Network:

Working with FBPH also means having access to its extensive global network of law firms and businesses in the five continents. Partners and Associates of the firm are members of various international associations and local and international business networking groups.