Resolution No. 06-2025 of the National Court of Justice defines and clarifies terms for the application of Article 55 of the Organic General Code of Processes, pertaining to citations by notices
Resolution No. 06-2025, issued by the National Court of Justice, establishes new criteria to ensure the effective application of citation by notices, as provided under Article 55 of the Organic General Code of Processes, in light of the difficulties encountered by judicial citation officers in the process.
Citation by notices presupposes that personal service could not be effected, but it also constitutes a preliminary step prior to citation through mass communication media, as stipulated by law.
Compliance with the annual obligation of submitting financial statements to the Superintendence of Companies
In Ecuador, companies supervised by the Superintendence of Companies, Securities, and Insurance must submit their financial information annually by April 30th. This duty includes financial statements and other relevant documents, which must be approved by the general meeting before submission. The non – accomplishment of the legal requirements may arise in significant financial penalties.
Technical Standard for the Registration of Copyright Assignment and License Agreements
The National Intellectual Rights Service (SENADI) issued the Technical Standard for the Registration of Contracts for the Assignment of Economic Rights of Copyright and License Agreements. This regulation was established through Resolution No. SENADI-DNDAYDC-2025-0002-NT.
Calling general meetings by email: A method in effect since 2022
Since 2022, the General Meeting Regulations allow shareholders to be called by email, facilitating participation, reducing costs, and adapting to the digital age. Learn how this change optimizes the process and what to do if your bylaws require call-to-meetings by press.
The Superintendence of Companies, through Resolution No. SCVS-INC-DNCDN-2025-0001 dated March 7, 2025, has introduced an important reform to the “Regulation on General Meetings or General Assembly of Partners and Shareholders”
The Superintendence of Companies amended the “Regulations on General Meetings or General Assembly of Partners and Shareholders” through Resolution No. SCVS-INC-DNCDN-2025-0001 of March 7, 2025, and established the possibility for partners and shareholders to choose to attend general meetings in person or virtually.
Superintendence of Personal Data Protection Issues Opinion on the Use of Biometric Data for Attendance Control
Superintendence of Personal Data Protection Issues Opinion on the Use of Biometric Data for Attendance Control
Promoting the Economy of Entrepreneurs Women in Ecuador: A Key Legal Advancement
The Organic Law to Promote the Economy of Entrepreneurs Women, published on March 10, 2025, promotes access to financial resources, training, and opportunities for entrepreneur’s women, seeking to reduce gender gaps in the economic and business sectors.
The special emergent contract was declared unconstitutional by the Constitutional Court
The Constitutional Court, by ruling 49-20-IN/25, declared article 19 of the Humanitarian Support Law partially unconstitutional, which allowed the unilateral termination of the emerging contract without compensation. Despite this, the contract remains valid, but the employer must compensate if the contract ends before the agreed period.
Abandonment in Judicial Proceedings: Is It the End of a Right?
Abandonment in judicial proceedings is declared when the parties fail to act for six months following the last providence, except in cases involving the rights of children, persons with disabilities, and labor rights. If declared for the first time, the claimant may file a new claim after six months; if it occurs again, the right to sue is extinguished.
WIPO Treaty on Intellectual Property, Genetic Resources, and Associated Traditional Knowledge
The WIPO Treaty on Intellectual Property, Genetic Resources, and Traditional Knowledge, adopted in 2024, establishes an international framework for the protection and recognition of ancestral knowledge. Through innovations such as the disclosure requirement, it promotes transparency in the use of genetic resources and traditional knowledge in patented inventions, ensuring respect for the communities of origin.
