News

Guaidó seeks to intervene in appeal over Citgo

20 March 2019

Venezuela’s self-declared acting president Juan Guaidó has asked a US court for leave to intervene in an appeal concerning the fate of the country’s most valuable US asset, oil refining business Citgo Petroleum.

Conoco takes record ICSID award against Venezuela to US court

19 March 2019

Shortly after obtaining the largest win in the International Centre for Settlement of Investment Disputes' (ICSID) history, US oil company ConocoPhillips has applied to enforce its US$8.7 billion award against Venezuela in the US courts.

PDVSA bribery probe leads to more arrests

04 March 2019

The president of a US-based company and its former sales representative have been arrested in an ever-widening investigation into bribery at Venezuela’s state-owned oil company.

Venezuela’s rival governments clash in US court over arbitral award

Venezuela’s rival governments clash in US court over arbitral award

28 February 2019

A US court hearing Venezuela’s appeal against the enforcement of a US$1.4 billion investment treaty award has agreed to stay the proceedings at the request of lawyers representing Juan Guaidó, the opposition leader recognised by the US government as Venezuela’s legitimate president – as the embattled government of President Nicolás Maduro insists it still has the right to participate in the case.

Deal of the Year shortlists announced for regulatory, disputes and energy project finance categories

Deal of the Year shortlists announced for regulatory, disputes and energy project finance categories

26 February 2019

Latin Lawyer is delighted to announce the shortlisted transactions for the project finance: energy and natural resources, regulatory and disputes categories of its 13th annual Deal of the Year Awards.

Another ICSID arbitration creditor eyes PDVSA assets

Another ICSID arbitration creditor eyes PDVSA assets

22 February 2019

A Dutch subsidiary of US bottlemaker Owen-Illinois has become the latest of Venezuela’s arbitral creditors to target the US assets of the state’s national oil and gas company PDVSA, in a bid to collect on a US$500 million International Centre for Settlement of Investment Disputes (ICSID) award.

Holland & Knight adds partners and creates a Venezuela Focus Team

Holland & Knight adds partners and creates a Venezuela Focus Team

21 February 2019

Holland & Knight LLP has created a Venezuela Focus Team to help clients that want to do business in the country and promoted three lawyers to partner in Mexico City and Miami.

Venezuela defeats arbitration treaty claim as crisis deepens

Venezuela defeats arbitration treaty claim as crisis deepens

05 February 2019

As Venezuela’s president faces growing international pressure to step down, the state has defeated a US$400 million investment treaty claim by UK mining company Anglo American over the alleged expropriation of assets relating to a nickel project.

The scene is set

The scene is set

25 January 2019

From the determined strength of pro bono coordinators to the collaborative efforts of law firms (played out increasingly across borders), the results of our annual pro bono survey demonstrate how pro bono is weaved into the fabric of Latin America’s legal market. The work being done around the region showcases the outstanding achievements of lawyers and clearing houses working together. Now, the challenge is to engage even more lawyers in the fight to bring access to justice to all.

The missing piece of the puzzle

The missing piece of the puzzle

25 January 2019

Partner participation in pro bono is still low, despite clearing houses’ best efforts to get the senior level of law firms involved. While firms can still make a big contribution to pro bono without partner involvement, the fact remains the partnership holds the power to effect institutional change necessary to increase the volume of work done.