Managing Partner: Rafael Rosales and Xavier Rosales
Number of partners: 7
Number of other lawyers: 30
CorralRosales is a major law firm in Ecuador, operating in both Guayaquil and Quito, with a team of more than 35 lawyers. CorralRosales is a full-service law firm, with a highly specialised approach in sophisticated matters in areas including: corporate/ commercial law, dispute resolution, M&A, labour law, banking and finance, competition and antitrust, public procurement, natural resources, regulatory, tax and intellectual property — where the firm has a strong track record. The firm’s cross-border expertise and the ability to combine true multidisciplinary leading teams along with top tier experts in sectors such as food and beverages, aviation, pharmaceutical, infrastructure, insurance, real estate and telecommunications makes CorralRosales an strategic partner for its clients, rather than just a legal advisor.
Main Areas of Practice:
CorralRosales has a strong track record advising national and international clients in the incorporation of companies, day to day corporate legal advice, and complex corporate transactions and operations. The firm is highly renowned for its experience in M&A transactions, successfully dealing with share purchase agreements; asset purchase agreements; drafting, preparation and review of contracts and other documents; commercial trusts; international leases; and preparation of due diligence reports.
The team is one of the most respected in the region, comprising lawyers, agents and technical staff, who provide services in IP and counselling. It offers cutting edge services in every aspect of IP law, including patent, trademark, copyright, design, litigation, anticounterfeiting, comprehensive portfolio management, prosecution, enforcement and more. It is one of the few firms with an Ecuadorian regulatory and litigation practice within its IP organisation. The IP regulatory practice assists companies in highly regulated industries (including pharma, medical devices, agribusiness, food and beverages) obtaining proper authorisations from government agencies.
Labour Law & Immigration:
CorralRosales advises domestic and foreign companies in all areas related to the employer-employee relationship. This includes day-to-day issues as employment agreements tailored to specific needs, internal work regulations, consultations on hiring alternatives, employment of disabled employees, among others. The firm performs employment due diligence and work on tailoring the best alternatives to cope with existing risks or liabilities. The firm also has experience in handling litigation and administrative claims, as well as collective bargaining proceedings. It offers a wide range of corporate immigration services, including obtaining of work permits, temporary visas, work visas and permanent resident visas to expatriates and foreign employees.
CorralRosales covers all Ecuadorian courts and venues — effectively representing local and foreign clients in a wide spectrum of disputes. Members have experience in civil, administrative and arbitral disputes as well as industry specific cases including aviation, automotive, banking, pharmaceutical, retail, food and beverage and telecoms. The firm’s litigation strategy considers the characteristics of the client, their sector and the legal avenue applicable to the case. This provides clients with an exhaustive analysis of the risks associated with the dispute and establish mitigation and preventive mechanisms.
Banking & Finance & Capital Markets:
Advising private banks, multilateral agencies, as well as domestic and multinational companies in the negotiation and structuring of financial transactions. Lawyers in the area rely on multi-disciplinary teams that include experts in finance, tax and sectorspecific regulation. Drafting, preparation and review of agreements and other loan documents; financial structuring; project financing, secured transactions; as well as day to day general advice. Additionally, the firm is highly knowledgeable in capital markets law, including regulatory matters, public stock and bond offerings, as well as debt restructurings.
The firm covers all areas of competition and antitrust, together with regulatory and consumer protection matters, including representation of clients in investigation proceedings and related litigation, as well as negotiation of leniency and similar agreements. The team participates in complex mergers, acquisitions, integrations, antitrust due diligence and development of good practices and policies.
Advising domestic and international clients on compliance issues. Investigations dealing with government procurement and private dealings. Development and enforcement of compliance policies and compliance due diligence. Specialised team in highprofile investigations, the review and implementation of compliance programs and the due diligence of third parties in the context of M&A, distribution, and other transactions.
Energy & Natural Resources:
The department is divided into three industries: mining, oil and gas and electricity. It advises clients on numerous administrative procedures for obtaining permits, licenses, concessions and authorisations within their respective fields. The firm has substantive knowledge of the different industries, so it can advise on all stages involving the client’s business.
The firm has experience in the different environmental fields, advising clients on obtaining permits, defence on sanctioning proceedings, environmental damage, preventive due diligence and advice on good environmental and social practices.
CorralRosales has an extensive background advising on all aspects of public procurement in Ecuador, including public-private partnerships. The firm advises clients on pre-contractual matters, negotiation and execution of all type of agreements and resolution of related disputes, including consulting agreement, supply of goods and rendering of services to government entities. Additionally, the team has broad experience advising clients on audit proceedings conducted by the government audit agencies.
Tax & Customs:
CorralRosales provides advising services and representation of clients in administrative and judicial proceedings. The firm has successfully sponsored lawsuits against tax assessments made by the Internal Revenue Service and the National Customs Service of Ecuador to local and international clients. In addition, the department has participated in due diligence processes, the analysis of tax consequences derived from processes of acquisition or merger of businesses, the analysis of risks in complex transactions and the drafting of structures for tax planning.
The experienced team serves major clients across the TMT sector, including leading telecoms companies, digital business and IT. It is renowned for its work in contentious, regulatory and transactional matters.