Responsibilities in Maritime Law: A Case in Europe and Comparison with Ecuador
Leonidas Villagran Lecture on Liabilities in Maritime Law for students of the Technological Business University of GuayaquilA maritime incident, such as a collision, can generate multiple claims. During the analysis, it is essential to consider the applicable law, as well as different types of liability and the possibility of limiting liability. For example, a container […]
Civil Liability Coverage in Maritime Law: P&I Clubs
In medieval England, and especially outside London, it was customary for ship owners to form groups to agree to insure each other against the perils of the sea. Thus, if one ship was lost, the others would cooperate to compensate for the loss. This practice of forming de facto societies evolved over time, due to […]
Marine Insurance in the London and Nordic Markets
A Comparative Analysis Regarding Coverage Leonidas [email protected] The London MarketLondon is recognized as the world’s leading market for marine insurance. Its development began in the 18th century with the Bubble Act (Royal Exchange and London Assurance Corporation Act of 1719), which prohibited companies from conducting marine insurance business unless authorized by an Act of Parliament […]
The English Insurance Act 2015: New Regime on Guarantees on Marine Insurance
The breach of a guarantee can no longer be considered an automatic release from liability but rather a suspension of liability. Once the breach of a guarantee is remedied, the insured regains coverage. Guarantees are now considered suspensive conditions. These are provisions that improve the insured’s position, but the contract clauses may alter these reforms […]
The B/T Punta Blanca case: moral damages in a maritime incident
This is the first case in Ecuador to recognize compensation for moral damages resulting from a maritime incident. Leonidas Villagran The Punta Blanca case is the first in Ecuador in which compensation for moral damages was awarded to an individual following a maritime incident. The case was handled by Villagran Lara, Abogados, with attorney Hugo […]
China and Latin America, united through logistics corridors
It is possible to visualize the world of the future based on history: three historical events, the most recent 40 years ago in China, 100 years ago in the Republic of Panama, and 200 years ago in Singapore. We use these examples precisely to analyze the potential of Latin America and Ecuador as Logistics and […]
Leonidas Villagran’s intervention in the Navigation Law Project in Ecuador
Navigation Bill in Ecuador – During the legislative process for the Navigation, Safety Management, and Maritime Security Bill, I had the opportunity to present my comments to the National Assembly’s Committee on Sovereignty and International Relations. In summary, my suggestions were: 1) Include the functions of all entities with authority within the National Maritime Organization […]
Ecuador: Simplified Joint-Stock Companies
Simplified Stock Companies.Leonidas Villagran A new type of company has been introduced into Ecuadorian corporate law, seeking to reduce incorporation times and facilitate agreements between shareholders. It is very likely that many companies will decide to switch to this new system. With its publication in the Official Registry on February 28, 2020, the Entrepreneurship and […]
Additional Services: VAT Refund
The Challenges Faced by Companies Providing Complementary Maritime Services in Accessing the VAT Refund Regime for Service Exports The Organic Law for Productive Development, Investment Attraction, Job Creation, Stability, and Fiscal Balance (LFP, according to the Tax Policy Committee) includes VAT refunds for service export activities. This reform is ultimately important, as it has resulted […]
Preventive Seizure of Ships
