JD Supra Venezuela
- Publisher:
- JD Supra
- Publication date:
- 2019-04-29
Publisher
- JD Supra (96)
Law Firm
- Littler (20)
- Holland & Knight LLP (18)
- Hogan Lovells (10)
- Dentons (5)
- King & Spalding (4)
- Ballard Spahr LLP (4)
- Michael Volkov (3)
- Latham & Watkins LLP (3)
- Morgan Lewis (3)
- Skadden, Arps, Slate, Meagher & Flom LLP (2)
- BakerHostetler (2)
- Carlton Fields (2)
- WilmerHale (2)
- Robinson+Cole Data Privacy + Security Insider (2)
- Thomas Fox (2)
- Quinn Emanuel Urquhart & Sullivan, LLP (2)
- Estlund Law, P.A. (2)
- Patterson Belknap Webb & Tyler LLP (1)
- K&L Gates LLP (1)
- Orrick, Herrington & Sutcliffe LLP (1)
- Dorsey & Whitney LLP (1)
- Allen & Overy LLP (1)
- Lathrop GPM (1)
- Proskauer - Minding Your Business (1)
- Foodman CPAs & Advisors (1)
- Sheppard Mullin Richter & Hampton LLP (1)
- Fisher Phillips (1)
Latest documents
- Venezuela Update: March 12, 2021
Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Our team is highly qualified to help clients navigate the complex political and business environment in Venezuela. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner. Please see full Publication below for more information.
- Venezuela Update: February 18, 2021s (Spanish)
Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Our team is highly qualified to help clients navigate the complex political and business environment in Venezuela. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner. Please see full Update below for more information.
- Venezuela Update: February 18, 2021
Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Our team is highly qualified to help clients navigate the complex political and business environment in Venezuela. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner. Please see full Update below for more information.
- Venezuela Update: January 19, 2021 (Spanish)
Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Our team is highly qualified to help clients navigate the complex political and business environment in Venezuela. Please see full Update below for more information.
- Venezuela Update: January 19, 2021
Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Our team is highly qualified to help clients navigate the complex political and business environment in Venezuela. Please see full Update below for more information.
- Bar against dismissals
On December 31, 2020, the president of the republic enacted Decree N° 4,414 (Decree on Bar Against Dismissals) in the Official Gazette of the Bolivarian Republic of Venezuela (GORBV) N° 6,611 Special.
- Dentons Flashpoint - December 11, 2020
In This Edition: ECB announces new stimulus as the EU settles dispute over its €1.8 trillion budget. Morocco will normalize relations with Israel as the US shifts its Western Sahara policy. Sanofi and GSK delay vaccine launch due to an insufficient immune response in older people. A rundown of important global developments in markets, in business, and region-by-region, as well as statistical risk assessments by country and by US state. This past Sunday, the government of embattled Venezuelan President Nicolas Maduro declared victory in the country’s parliamentary elections. The results of the opposition-boycotted elections have solidified Maduro’s control over all political institutions and dealt a massive blow to Juan Guaido’s oppositionist movement. Please see full article below for more information.
- (Another) Venezuelan Executive Indicted in a $160 Million Money-Laundering and Corruption Scheme
On November 25, 2020, Natalino D’Amato (“D’Amato”), a Venezuelan executive, was charged in an 11-count indictment with allegedly laundering $160 million between 2013 and 2017. The indictment, filed in the Southern District of Florida, includes one count of conspiracy to commit money laundering, four counts of international money laundering, three counts of promotional money laundering, and three counts of engaging in transactions involving criminally derived property. It is the latest episode in the enforcement campaign of the U.S. Department of Justice (“DOJ”) against alleged corruption involving Venezuela in general, and Venezuela’s state-owned and controlled energy company Petróleos de Venezuela S.A. (“PDVSA”) in particular.
- Venezuela Update: November 12, 2020
Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Please see full Publication below for more information.
- Contracts and Insolvency – a transformational change
New statutory provisions retrospectively change the way many existing and future contracts work. Businesses urgently need to look afresh not just at supply arrangements but also many other significant transactions of which the supply of goods or services forms part. Please see full Publication below for more information.
Featured documents
- TRANSACTIONAL: Upstream Developments – Latin America: Foreign Exchange Controls in Venezuela Strangle Parts of Energy Sector
Introduction – Upstream Players -- In February 2013, after devaluating the official exchange rate of the Venezuelan Bolivar from VEB 4.3 to 6.3 per USD, the Venezuelan government set up the Complementary System of Administration of Foreign Currency (Sistema Complementario de ...
- Venezuela: Members of the Productive Workers’ Councils Receive Protection Against Dismissals
On December 5, 2016, the Venezuelan Ministry of Labor published Resolution N° 10.002, which guarantees a special protection against dismissal for workers who are members of a Productive Workers’ Council (known as “CPT,” for its acronym in Spanish). The Resolution became effective immediately....
- U.S. Treasury Warns Financial Institutions of Venezuelan Corruption and Money Laundering
The Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury issued an advisory on September 20 warning U.S. financial institutions of “money laundering schemes used by corrupt Venezuelan officials.”...
- New U.S. Sanctions Against Nicolás Maduro Place Venezuelan Oil Squarely in the Crosshairs
Venezuela is undergoing a political upheaval. Since his rise to power in 2013, the embattled Venezuelan President Nicolás Maduro has precipitated a humanitarian crisis that has driven some 3 million Venezuelans to flee abroad....
- U.S. moves towards (but stops short of) complete embargo on Venezuela
On 5 August 2019 the Trump administration issued Executive Order 13884 (the executive order) imposing sweeping sanctions against the government of Venezuela, including its agencies and instrumentalities as well as any entities owned or controlled by the Venezuelan government (collectively, the GOV)....
- Contracts and Insolvency – a transformational change
New statutory provisions retrospectively change the way many existing and future contracts work. Businesses urgently need to look afresh not just at supply arrangements but also many other significant transactions of which the supply of goods or services forms part. Please see full...
- Employment Reform Law In Venezuela
Venezuela’s new labor law referred to as the Organic Law of Labor and Workers (“LOTTT”), became effective May 7, 2013. LOTTT establishes several critical labor reforms relevant to wage and hour requirements, maternity leave and pension requirements....
- Venezuela anuncia el aumento del salario mínimo
En Gaceta Oficial N° 41.070, de fecha 9 de enero de 2017, fue publicado el aumento del cincuenta por ciento (50%) sobre el salario mínimo mensual para los trabajadores que presten servicio en los sectores público y privado, el decreto entrará en vigencia a partir del 1° de enero de 2017....
- US Persons and Financial Institutions: Beware when engaging financially with Venezuela
On 8/25/17, President Donald Trump signed an Executive Order (EO) restricting and prohibiting certain transactions between US Persons and Venezuela. The transactions that are prohibited by US Persons apply wherever a US Person is located....
- Patent and Trademark Fees in Venezuela
On Feb. 1, 2019, the Venezuelan Ministry of National Commerce sent a notification that patent and trademark fees shall be paid in the Venezuelan cryptocurrency “PETRO.”...