Autor: Leonidas Villagran

Liability Cover in Marine Insurance: P&I Perspective

Leonidas Villagran Cover for liabilities not covered by hull and machinery policies in marine insurance is generally provided on a non-profit basis by Protection and Indemnity Associations also known as P&I Clubs which are based on mutuality. The story behind these Clubs comes from the 18th century in England, with The Bubble Act of 1720 which […]

International Sales: Standard Forms and Incoterms

The author explains about the advantages of contracting on standard form contracts and using shipping terms, including Incoterms. Standard Form Contracts for use in international sales facilitate international trade and save time and money in negotiating efforts and drafting individual contracts. A Standard Form Contract is a result of experience and legal expertise in the […]

Prescription in Marine Collision Law in Ecuador

In August 2017 during a hearing in a Harbor Master investigation case regarding a collision incident, a very well-known Ecuadorian maritime attorney and former master mariner recalled that collisions happen due to diverse causes. [He said] that no master sails with the aim of such incident, and that even when the master, the pilot or […]

The roots of Maritime Law in Ecuador

The historical origin in the legal system of Hispanic America comes from Roman law, with wide influence throughout Europe as Spain and France, known as countries with a civil system, based on the written law. In contrast, despite the Roman invasion and its influence, the legal system of common law prevailed in England, based on […]

Ecuador: International sources of Shipping law

Ecuador is party to several international conventions. Some of them are now mentioned. Basically, in 2012 Ecuador ratified the accession to the United Nations Convention on the Laws of the Sea (UNCLOS 1982), also known as the Constitution for the seas. As for the named four pillars of maritime law regulation, Ecuador is party to […]

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 […]

China y Latinoamérica, Unidas a través de corredores logísticos

Es posible visualizar el mundo del futuro en base a la historia: tres eventos históricos el más reciente hace 40 años en China, 100 años en la República de Panamá y 200 años en la Isla de Singapur. Tomamos estos ejemplos justamente para analizar el potencial de América Latina y Ecuador como Centros de Logística […]