The Venezuelan government of Nicolás Maduro has challenged all three members of the International Centre for Settlement of Investment Disputes (ICSID) committee hearing its bid to annul a US$9 billion award won by US oil company ConocoPhillips, after the panel refused to bar counsel to Juan Guaidó’s government-in-exile from appearing in the case.
Barbara Martinez, a former federal prosecutor, has joined Holland & Knight LLP as a senior consultant in Miami. By Ines Kagubare
The US federal investigation into corruption at Venezuela’s state-owned oil company, Petróleos de Venezuela SA (PDVSA), shows no sign of abating.
International and Latin American law firms are keeping a close eye on the region’s latest oil exporter, Guyana. They are hoping to zero in on clients looking to invest in short- and long-term infrastructure and energy projects in the country, but acknowledge it will need support to develop the industry and to avoid the so-called Dutch disease.
From special events to promote gender equality, to talks on the importance of a gender-balanced workplace, yesterday firms across the region marked the International Women’s Day. But partners emphasise the fact that increasing day-to-day efforts towards equality is more important.
Law firms that stand out for the pro bono work done by their lawyers and for their efforts to build a lasting pro bono infrastructure, both internally and in their legal market.
A tribunal at the Permanent Court of Arbitration has declined jurisdiction over a claim by eight Spanish-Venezuelan nationals based on their dual nationality.
Venezuela's government-in-exile has applied to annul a US$9 billion International Centre for Settlement of Investment Dispute (ICSID) award won by US oil company ConocoPhillips over the expropriation of oil assets in the Orinoco Belt – while it argues before a Delaware court that the state's assets are shielded from other arbitral creditors because of the US sanctions regime.
Lawyers don’t tend to leave a career in private practice to go in-house for the money, instead they’re often after better equilibrium between their professional and personal lives. Nowadays, law firms are competing better with companies on the work–life balance they offer their associates, but how successful are their efforts?
Generation Y is often thought of as a tough nut for employers to crack, so it’s positive news for law firm managing partners that a good number of today’s associates have long-term ambitions at the firms they are in. But with so many lawyers having their heart set on becoming partner and only a certain number of spots available, how can firms maintain satisfaction levels among lawyers, whether they’re on the partnership track or not?