Agreement To Assign An Oil Contract Is Upheld

Mondaq Business Briefing › Ecuador Law Articles in English (2007)

Author: Dr. Hernán Pérez Loose

Author position: Coronel & Pérez Abogados

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Agreement To Assign An Oil Contract Is Upheld

The Attorney General of Ecuador found that an agreement in the form of a Letter of Intent by which the holder of an oil concession agreed to assign its contractual rights to a third party was not in breach of the Hydrocarbon La...

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