Market: Venezuela

Dentons helps Canadian investor snap up Venezuelan oil assets

Dentons in Caracas and Bogotá has advised Canada’s New Stratus Energy in its acquisition of a stake in GoldPillar, a Curaçao-based investment group that controls several oil fields in Venezuela.

01 February 2024

Latin Lawyer announces Law Firm Leader Award

Featured in 18th Annual Awards

Latin Lawyer is delighted to announce the winner of this year’s Law Firm Leader of the Year Award: Fulvio Italiani of Venezuela’s D’Empaire.

24 January 2024

Dealing with the Challenges of Political Violence and Crime in Latin America

Featured in The Guide to Corporate Crisis Management - Fifth Edition

The security challenges facing corporate entities operating in Latin America are significant, with Ecuador, Chile, Nicaragua, Mexico, Brazil and Venezuela likely to see sustained high levels of political violence and criminality. Political solutions and policy changes will not happen overnight, so businesses must manage the risks while taking advantage of economic opportunities.

05 January 2024

Lawyers are vital in preventing modern slavery in supply chains

A lack of legislation and enforcement has allowed modern slavery go largely undetected in Latin American supply chains for years, giving lawyers a crucial role in raising the topic in board rooms and helping companies ensure that they comply with local labour laws and standards.

13 December 2023

PDVSA and M&P reignite oil JV in Venezuela after sanctions eased

Venezuelan oil giant PDVSA has enlisted two Dentons offices to enter into an agreement with Paris-based counterpart Maurel & Prom (M&P) to restart operations at their jointly-owned oil field operation in Lago de Maracaibo, which comes after the US government lifted sanctions on the country’s energy sector.

13 December 2023

Flexibility at work is not a privilege, but a right

As flexibility is becoming integral to talent retention strategies, law firms and businesses should be prepared to go above and beyond to hold on to the crème-de-la-crème of their legal staff, indicated panellists at Latin Lawyer Live: Labour & Employment.

12 December 2023

Exxon asks US court to enforce Venezuelan ICSID award

ExxonMobil has applied to a court in Washington, DC, to enforce an International Centre for Settlement of Investment Disputes (ICSID) award worth over US$985 million plus interest and costs against Venezuela in a 16-year saga over the expropriation of two oil projects.

27 November 2023

Arbitration of Corruption Issues in Latin American Disputes

Featured in The Guide to International Arbitration in Latin America - Second Edition

The arbitration community is mobilising to meet new challenges caused by the surge in corruption-related allegations and cases in order to explore existing and possible future approaches to dealing with allegations or indicia of corruption in arbitrations.

21 November 2023

Exploring Latin America’s ICSID Arbitration Landscape

Featured in The Guide to International Arbitration in Latin America - Second Edition

The International Centre for Settlement of Investment Disputes, which administers most of the world’s arbitrations between states and foreign investors, gets busier every year. It is crucial to take a deep dive into the most prevalent cases in Latin America, notably in Argentina and Venezuela – cases in these countries account for almost 12% of the centre’s caseload.

21 November 2023

Pro bono: nourishing the hearts and minds of the future

Featured in Pro bono 2023

Latin Lawyer spoke to Venezuelan firm Araquereyna about its non-profit initiative Asopica, which recently set up a new school for young indigenous children living in the southwestern plains of Apure.

16 November 2023

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