Autor: jholguin@bustamantefabara.com
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First Sanctions Issued by the Superintendence of Personal Data Protection
Key Aspects: The Superintendency for Personal Data Protection (“SPDP”) issued its first administrative sanctions for serious infringements of the Organic Law on Personal Data Protection (“LOPDP”), after concluding sanctioning proceedings against the Ecuadorian Professional Football League (“LIGAPRO”) and the Ecuadorian Football Federation (“FEF”). Both cases are related to the processing of personal data through the…
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The Power of One: First with the Head, Then with the Heart. By Bryce Courtenay
Written by: Juan Berardo Guarderas In the professional environment in which lawyers work, expectations are high and pressures constant. In this context, the concept of the “power of one” or one’s “inner strength” may seem distant or abstract. However, Bryce Courtenay’s The Power of One teaches us a fundamental lesson: every individual has the ability…
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Personal Data Protection Officer (DPO): The New Backbone of Corporate Compliance in Ecuador
The advancement of digital transformation, the consolidation of data-driven The advancement of digital transformation, the consolidation of data-driven business models, and growing global concern over privacy have led organizations to reevaluate, question, and restructure their internal practices. In Ecuador, this evolution has materialized with the entry into force of the Regulations for the Personal Data…
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BUSTAMANTE FABARA advises the shareholders of Anders Ecuador Cía. Ltda. on the sale of a majority equity stake to Safic-Alcan S.A.S.
Quito, Ecuador – November 17, 2025 – BUSTAMANTE FABARA acted as Ecuadorian counsel to the shareholders of Anders Ecuador Cía. Ltda. (AEC) in the sale of their majority shareholding in AEC’s to Safic-Alcan S.A.S. (Buyer), advised by PwC. The deal forms part of a multi-country transaction through which Safic-Alcan acquired equity in Anders Group operating…
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General Regulations to the Organic Law on Social Transparency
Dear clients and friends, By Executive Decree No. 191, dated October 27, 2025, the General Regulations to the Organic Law on Social Transparency were issued (Official Register, 8th Supplement No. 153, October 28, 2025). Among other provisions, the Regulations govern the payment on account of undistributed profits and the single tax on the distribution of…
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Think Like a Freak: A Useful Perspective for Legal Practice
In the practice of law, we constantly face complex problems that require not only legal knowledge, but also creativity and strategic thinking. From negotiating a contract to resolving a dispute, our work consists of finding effective solutions where the answer is not always evident. In this context, a book that I have found particularly useful…
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BUSTAMANTE FABARA advises Vita Alimentos C.A. in the acquisition of 100% of the shares of La Holandesa (Delcampo S.A.S.)
Quito, Ecuador – October 28, 2025 – BUSTAMANTE FABARA is pleased to announce its role as counsel to Vita Alimentos C.A. in the acquisition of 100% of the shares of La Holandesa (Delcampo S.A.S.), a leading cheese manufacturer renowned for its premium products and strong national market presence. This strategic transaction, which was subject to…
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Resolution No.ARCONEL-ARCONEL-2025-0030-RES: Compensation Rate for Energy Generated by Emergency Generator Units to be Recognized for Emergency Generation (RCGGEE)
In Official Register No. 145, Sixth Supplement, dated October 16, 2025, Resolution No. ARCONEL-2025-0030-RES, issued on October 13 of the same year by the Electricity Regulation and Control Agency (“ARCONEL”), was published. This resolution establishes the compensation rate for energy generated by emergency generator groups to be recognized for emergency generators (the “Rate”). Following the…
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RESOLUTION No.ARCONEL-005/25: Regulation to Promote Generation with Non-Conventional Renewable Energy Greater than 10 MW and Less than or Equal to 100 MW
On October 16, 2025, the Electricity Regulation and Control Agency (“ARCONEL”) issued Regulation No. ARCONEL-005/25 (the “Regulation”), applicable to new Non-Conventional Renewable Energy Generation Plants (“CGRNC”) with a nominal capacity greater than 10 MW and less than or equal to 100 MW, which are not part of the Master Electricity Plan (“PME”) and are not…
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Corporate Digitalization: Are We Ready for Fully Virtual Shareholders’ and Partners’ Meetings and Signatures?
Following the pandemic—five years behind us now—a growing trend accelerated: moving corporate governance into digital environments. Today, the Companies Law and other applicable regulations allow Boards, Shareholders’ Meetings, and Directors to meet, deliberate, and decide without ever setting foot in a meeting room. But is the business ecosystem ready for a fully virtual operation? The…