Builders’ Risks and Marine Insurance
The process of building a vessel or a floating object involves a series of risks. Both the entity who orders the construction and the shipyard are exposed to considerable losses if a casualty takes place. Accidents can occur at any of the construction phases involving people and property and also affecting the environment. These events […]
The B/T Punta Blanca case: moral damages in a maritime incident
Este es el primer caso en el Ecuador que reconoce reparación de daños morales por ocasión de un incidente marítimo Leonidas Villagran El caso Punta Blanca constituye el primer caso en el Ecuador en el cual se reconoce reparación de daños morales a favor de una persona por ocasión de un incidente marítimo. Caso patrocinado […]
SAS Corporations in the Ecuador Arena
A new type of corporation has been introduced in the Ecuador law which seeks to provide reduction of incorporation time and facilitate agreements between shareholders. It is likely that many companies would decide to switch to this new system. With the enactment of the Entrepreneurship and Innovation Act by publication in the Official Register of […]