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Ecuadorian 'Super' Firms Face Multi-Million Dollar Liquidations Amid Decades of Problems
ExpresoLO·EC·about 15 hours ago
Ecuador's public housing company Vivienda EP is requesting another 90-day extension to finalize its liquidation, marking a continued delay in the wind-down process. The Guayaquil City Council will review the amendment in first debate, indicating the process remains incomplete and subject to political oversight. The repeated extensions suggest administrative or financial hurdles in closing the entity, with implications for public-sector efficiency and local governance.