Quevedo & Ponce - Legal News
Reactivation as an Exceptional Legal Mechanism within the Popular and Solidarity Economy: Regulatory Scope and Procedure
- February 13th, 2026
- Quevedo & Ponce
Resolution No. SEPS-IGT-IGS-IGJ-INFMR-INGINT-2025-0244 introduces a relevant legal mechanism for organizations within the Popular and Solidarity Economy in Ecuador: reactivation during the process of dissolution and liquidation. This regulation is grounded in the constitutional recognition of the economic system as social and solidarity-based, aimed at preserving viable organizational structures that fulfill an economic and social function.
Reactivation establishes as an exceptional and regulated measure, subject to technical and legal assessment by the Superintendency of Popular and Solidarity Economy. Its scope of application includes organizations from the community, associative, and cooperative sectors, as well as integration bodies, provided that they are undergoing ordinary liquidation proceedings. The regulation expressly excludes summary liquidation processes, cases of repeated regulatory non-compliance, the existence of final and enforceable judicial decisions ordering dissolution, and situations involving irreversible loss of equity.
Pursuant to the Resolution, reactivation shall be admissible upon the occurrence of any of the following circumstances: a request submitted by at least fifty percent (50%) of the members or associates; a request submitted by the liquidator; or when no more than one year has elapsed since the liquidator’s appointment. In all cases, it must be demonstrated that the causes arise to the liquidation have been remedied and that real conditions exist for the effective fulfillment of the organization’s corporate purpose.
The procedure requires the submission of updated financial information, tax and labor compliance certifications, evidence of sufficient assets, and a technical-legal analysis supporting the organization’s viability. If the assessment is favorable, the Superintendency of Popular and Solidarity Economy shall resolve to approve the reactivation and order the election and registration of new governing authorities, thereby allowing the orderly resumption of activities.
At Quevedo & Ponce, we support to Popular and Solidarity Economy organizations seeking to overcome liquidation processes by providing comprehensive legal advice and technical representation before the Superintendency of Popular and Solidarity Economy, in order to reach an orderly, secure, and legally compliant reactivation.
Más Artículos
Economic Concentrations in Ecuador
Mergers, acquisitions, and transactions involving a change of control may be subject to Ecuador’s economic concentration control regime. The applicable rules establish specific thresholds to determine when a transaction must be notified in advance to the Superintendence of Economic Competition and allow the authority to authorize, condition, or prohibit a transaction depending on its effects on competition.
The right to remain unpublished and the posthumous publication of Gabriel García Márquez’s work “See You in August”
We all celebrate being able to read one more work by García Márquez, but what about respect for his copyright? The posthumous publication of “See You in August” has reignited the debate over the right to remain unpublished, an inalienable moral right that empowers creators to decide whether their work is released or remains unpublished. Although the Colombian Nobel laureate expressed his intention not to publish it during his lifetime, his heirs authorized its publication, raising an ethical and legal dilemma regarding the limits of rights heirs as custodians of the author’s original intent.
The UBS Case: When Having a Compliance System Does Not Mean Controlling Risk
UBS is one of the world’s largest financial groups. Headquartered in Switzerland, it provides private banking, wealth management, investment management and investment banking services. Its United States operations include UBS Financial Services Inc., a company that provides financial and investment services to clients.
Relevant Market in Ecuador Competition Law: How Is It Defined?
The relevant market is one of the fundamental concepts in Competition Law, as it defines the scope in which companies compete and helps determine whether a particular conduct may affect market competition. Its proper definition is essential for assessing anticompetitive practices, abuse of market power, and merger control
Implications of Personal Data Processing in Contractual Matters
In the Ecuadorian business environment, the inclusion of specific data protection clauses in contracts is not optional, but rather a legal obligation under the LOPDP, which prohibits the use of generic authorizations, to ensure that the processing of information is lawful and to avoid severe sanctions by the Superintendence of Personal Data Protection.
