Market: Venezuela

The Elite

The 2020 Latin Lawyer Elite firms lead the way in their respective markets on account of the excellent work they do for clients, but also because they invest significant time and effort in maintaining their competitive edge through astute business development and careful talent management.

24 July 2020

Firms snub recruitment as lateral partner hires fall by a third

Partner hires at law firms operating in Latin America fell by almost a third in the second quarter of 2020 compared to the same period in the previous year, as firms rein in expansion amid the covid-19 pandemic.

22 July 2020

UK court sides with Guaidó in gold battle

In a blow to Venezuelan president Nicolás Maduro, a London court has ruled that the UK government “unequivocally” recognises Juan Guaidó as the country’s interim president in a battle for control of the state's gold reserves held by the Bank of England.

08 July 2020

Who is in LACCA Approved 2021?

With so many options out there, it can be hard to decide which external counsel to hire, so legal teams often prefer to go off recommendations. Ahead of the release of the 2021 edition of LACCA Approved, we take a sneak peek at the list of Latin America’s leading law firm partners, as voted for by in-house counsel.

29 June 2020

Latin Lawyer Elite firms take on the covid-19 crisis

The fallout of covid-19 is indelibly altering how law firms operate and deliver their services. Managing partners of Elite firms reveal the profound changes the crisis has spelled for their firms and the adaptations they are undergoing to remain at the peak of their markets.

23 June 2020

Elisabeth Eljuri talks oil, covid-19, and the pursuit of happiness

15 June 2020

How do Chile and Venezuela’s travel restrictions compare right now?

Featured in Covid-19: managing in a crisis

The covid-19 pandemic has dramatically changed global mobility and companies have had to adapt quickly. In the second article of a series on this topic, LACCA turns to member firms of Ius Laboris, the world’s largest HR and employment law firm alliance, to provide guidance on the impact on travel, mobility and immigration in Venezuela and Chile.

18 May 2020

Is a PDVSA restructuring looming closer?

An internal company proposal has suggested a restructuring of Venezuelan state-owned oil company PDVSA, which would privatise various company assets and allow private investors to hold larger shares in oil fields. While this pitch is welcomed by the legal and business community, there is a long list of economic, legal and political hurdles that must be overcome before anything can be put into practice.

18 May 2020

Is a PDVSA restructuring looming closer?

An internal company proposal has suggested a restructuring of Venezuelan state-owned oil company PDVSA, which would privatise various company assets and allow private investors to hold larger shares in oil fields. While this pitch is welcomed by the legal and business community, there is a long list of economic, legal and political hurdles that must be overcome before anything can be put into practice.

12 May 2020

PDVSA seeks US$560 million in restitution

Acting Venezuelan president Juan Guaidó’s administration says state-owned oil company Petróleos de Venezuela (PDVSA) is entitled to restitution as a result of a bribery and money laundering scheme committed by its employees. By Ines Kagubare

11 May 2020

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