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Alvaro Noboa avoided the auction of his cardboard company

Fernando Alarcon, legal director of Industria Cartonera Ecuatoriana S.A. (that belongs to the Noboa Group), paid the nearly four million dollars ordered by the Ministry of Labor not because it recognizes the alleged legality of the measure, but to safeguard the interests of the...
Posted On 13 Dec 2016
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Jorge Glas is mentioned in the divorce trial of a contractor

A Miami judge ruled Wednesday that the divorce trial of an Ecuadorian entrepreneur, a case in which Vice President Jorge Glas is mentioned, does have a jurisdiction in the state of Florida in the United States. The decision was made following a hearing that was held on December...
Posted On 13 Dec 2016
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Final stride in the agreement between the EU and Ecuador

The agreement with the European Union will have passed through the hands of the European Parliament, and it will be approved in Strasbourg tomorrow in the morning, where the institution is based. If everything goes well, starting on Wednesday, Ecuador’s accession to the...
Posted On 13 Dec 2016
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Noboa´s company will continue taking legal actions for the return of $ 3’944.420,93

The legal director of Industria Cartonera Ecuatoriana SA, Fernando Alarcon, said that measures would be taken to obtain the restitution of the $ 3,944,420.93 paid by the company, which will cover the employer’s obligations to 1,908 former workers from La Clementina farm. In...
Posted On 13 Dec 2016
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Armed Forces of Ecuador without high commands

The lack of senior officers leads to captains (Navy), and Colonels (Air Force) have a greater role in decision-making and take control of some units. According to military law, force commanders should remain until more than two years in office, but from December 2014 until now,...
Posted On 13 Dec 2016
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Noboa´s Company submitted a protection action in a conflict with former employees

The company Industria Cartonera Ecuatoriana, one of the companies of the banana entrepreneur and former presidential hopeful Alvaro Noboa, submitted an extraordinary action of protection against the alleged irregularities in the payment for eviction to a group of former...
Posted On 13 Dec 2016
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The Noboa group filed an extraordinary action in the Court

The Noboa group filed a special protection action before the Constitutional Court, because according to its lawyers, they had to pay an eviction, which is something illegal. Does it imply that the government will return the money if the Court approves the protection action?...
Posted On 13 Dec 2016
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