Firm / Organisation

Flor & Hurtado

Current View:
Also ranked in:

This content is provided by Flor & Hurtado.

Managing Partner: Mario Flor
Senior Partners: Agustín Hurtado, Andrés Ycaza, José Cisneros, Juan Carlos Peñafiel
Number of partners: 5
Number of other lawyers: 6

Firm Overview:
Firm Overview: With offices in Quito — Ecuador, Flor & Hurtado (hereinafter ‘F&H’) has come to break the Ecuadorean legal market, as a strong boutique formed by very well-reputed professionals with large experience in local and cross-border transactions, following international standards as main rule of practice. was created by the principles of transparency, ethics, solidarity and specialization and expects to be a major player in the Ecuadorian legal market, with clear and straight emphasis on the development of its professionals and on a merits structure. The firm is formed by 11 lawyers — 5 partners and 5 associates—, with vast experience on their professional fields. Many of F&H’s lawyers have international degrees, as well as have done internships in US and Europe. In addition, the firm maintains a system of cooperation with other law firms throughout the region and in US and Europe, which is particularly important for handling cross-border transactions.

Main Areas of Practice:
Energy and Natural Resources: 25%
Corporate/Commercial: 25%
Labour & Employment: 10%
Dispute Resolution: 15% Competition/Antirust: 10% Tax: 15%

Energy & Natural Resources: Energy and Natural Resources is among the firm’s foremost strengths with more than 18 years of experience in the industry. Recent matters include advising to Eni SpA., in the process of transferring shares of its Ecuadorian oil subsidiary regarding its rights over Block 10 located at the Amazon Basin; advising Ecometals’ subsidiary Condor Gold on the division of its mining properties and a subsequent sale; assisting Fortescue Metals Group FMG with the obtaining of 32 mining concessions through an auction procedure in Ecuador; and Toachi Mining with an option agreement signed to purchase a majority holding in local company Minera La Plata.

Corporate/Commercial:
Flor & Hurtado’s one of the principal areas of practice principal areas is Corporate/Commercial with a vast experience of almost 20 years. F&H’s recent matters include leading advice to IDB Invest on the loan agreement and structuring of a security package in the financing of the Posorja port and Interagua the company responsible for water supply and sewage in Guayaquil Ecuador; acting as local counsel to China Development Bank on a financing transaction to state entity Banco de Desarrollo del Ecuador; and -again as local counsel- advising Corporación Interamericana para el Financiamiento de Infraestructura (CIFI) on the financing of a hydroelectric project.

Labour & Employment:
Flor & Hurtado is an acknowledged actor in this sphere. The team is actively involved, and with excellent results, in the defense of our clients’ interests in administrative matters and under the Ecuadorian courts.

Dispute Resolution:
Highly regarded dispute resolution boutique with a strong track record representing corporate clients in Ecuador. Boasts a strong bench of arbitration experts experienced in advising on high-value cross-border mandates, with a focus on matters related to the energy and natural resources, infrastructure, banking and finance, and investor-state arbitration.

Competition/Antirust:
Dynamic antitrust practice well known for its particular expertise in contentious proceedings for matters relating to collusion, cartel investigations and abuse of dominant position. Frequently advises clients in the regulated industries, in particularly the construction among with food industry.

Tax:
Strong boutique with extensive knowledge tax focusing in energy and natural resources industry, as well as telecommunications.

Languages: Dutch, English, French, Italian, Spanish.

Clients:
■ Inter-American Development Bank IDB
■ Corporación Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI)
■ Eli Lilly Interamerica Inc.
■ Andes Petroleum Ecuador LTD.
■ ENI SpA.
■ Champion Technology
■ Consorcio Petrosud – Petroriva
■ OCP Ecuador
■ UNIPEC AMERICA Inc.
■ Fortescue Metals Group FMG
■ Toachi Mining Inc.
■ Sunstone Metals Limited
■ Xinjang Goldwind Science & Technology Co. Ltd.
■ Albacora S.A.
■ Grey Group
■ Intelsat
■ WPP Plc.
■ ARCA Continental SAB de CV
■ SICPA ECUADOR GSS S.A.
■ Yanbal Ecuador S.A.
■ Essilor International
■ Corporación Favorita C.A.
■ Superdeporte S.A.
■ SITA Information Networking Computing B.V.