Market: Venezuela

DOJ charges two asset managers in Venezuelan bribery scheme

The US Department of Justice (DOJ) has charged two financial asset managers for their alleged role in a scheme to launder an estimated US$1.2 billion in funds corruptly obtained from Venezuela’s state oil company, Petróleos de Venezuela (PDVSA).

20 July 2022

Venezuela's Araquereyna hires partner

Venezuelan Highly Recommended firm Araquereyna has recruited a corporate partner from local outfit PAE Legal, marking its second partner hire of the year.

18 July 2022

D'Empaire appoints partner and counsel

Venezuelan Elite firm D'Empaire has promoted two associates to partner and counsel, bolstering its labour and employment practice.

04 April 2022

Spanish agribusiness wins big arbitration against Venezuela

A divided International Centre for Settlement of Investment Disputes (ICSID) tribunal has ordered Venezuela to pay nearly US$3 billion including interest for expropriating the assets of a Spanish agricultural group, after US sanctions forced a law firm representing the state to withdraw.

29 March 2022

Deal of the Year 2021: the full shortlist

Featured in 16th Annual Awards

Latin Lawyer will announce the winners of the 16th annual Deal of the Year Awards on the night of our charity awards ceremoney at Hotel Unique in São Paulo on Thursday 5 May.

17 March 2022

Venezuela’s Araquereyna hires ex-Baker McKenzie partner

Highly Recommended firm Araquereyna has hired a former Baker McKenzie (Venezuela) partner as co-head of its public and regulatory law department.

25 February 2022

Multiple LatAm firms steer cross-border proptech acquisition

Brazilian real estate platform Quinto Andar has hired several firms to acquire Buenos Aires-based property advertisement company Navent Group.

02 February 2022

D'Empaire and González Cisneros in Venezuelan ride-hailing deal

Venezuelan investment company Grupo Fivenca has hired D'Empaire to buy a stake in Caracas-based Ridery, the country’s largest ride-hailing company.

02 December 2021

Multiple firms steer Lumen’s US$2.7 billion LatAm business sale

US private equity company Stonepeak has enlisted Simpson Thacher & Bartlett LLP in New York and Palo Alto as lead international counsel to buy Lumen Technologies’ Latin American business for US$2.7 billion.

05 August 2021

AT&T sells LatAm assets to Argentina’s Grupo Werthein

Argentina’s Grupo Werthein has enlisted four Skadden, Arps, Slate, Meagher & Flom LLP offices and Bruchou, Fernández Madero & Lombardi in Buenos Aires as lead Latin American counsel to acquire regional entertainment company Vrio from US telecommunications group AT&T.

27 July 2021

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