Lecture series on the new Commercial Code

Lecture series on the new Commercial Code

The June 19 was held in the Postgraduate Auditorium conference cycle entitled "Implications and Scope of the new Commercial Code", organized by the Law School of the University of Azuay.

This event was attended by José Chalco Quezada, Dean of the Faculty of Legal Sciences; Ana María Bustos, Coordinator of the Law School, and the speakers Geovanny Sacasari, Antonio Martínez and Jorge Morales.

The meeting was conceived as a space for academic conversation between teachers and students, to analyze and update the new trends, principles and institutions contained in the renewed Commercial Code, in force since March of 2019.

The program began with the welcome by the Dean, who celebrated that, after 113 years since the enactment of the Ecuadorian Commerce Code, the Assembly has retaken, enriched and updated this regulation.

José Chalco Quezada stressed the importance of keeping updated in legal fields, both for the academy and for professional practice, for which he congratulated the students and teachers for providing a space for debate and conversation.

During the course of the dissertations, issues such as freedom of contract, mass commerce, the use of electronic media, consumer rights, among others, were addressed.

For Sacasari, the updating of the Commercial Code was a latent need for the exercise of commercial law, since the previous code did not contemplate the requirements of the modern company.

In his words, the new Code is more effectively adapted to the demands of today, since it takes into account aspects such as electronic invoicing, contracts or commercial agreements via telephone and other factors that have become fundamental in the commercial context. and current mercantile.