Pino Elizalde Abogados

Pino Elizalde Abogados' full-service offering covers M&A, joint ventures, corporate governance and corporate restructurings, as well as the regulatory elements of M&A transactions, an area in which associate Camila Aray is a valuable team member. The group is commended by one client for its ability to 'know and master the current regulations' in corporate matters. Practice co-heads Daniel Pino and Fernanda Guzmán are adept in an array of corporate matters, including corporate restructurings, in an equally diverse range of industries. Jaime Arosemena is another standout team member. Since publication, the firm has significantly strengthened its capabilities as a result of its January 2026 merger with corporate and tax boutique Bjarner Flores - which, like Pino Elizalde, was founded in Guayaquil in 2017; both Oscar Bjarner and Ricardo Flores have experience across commercial law, corporate and transactional matters and tax (along with real estate and financings, respectively).