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Baker McKenzie SC


Venezuela

Banking and finance
Banking and finance - ranked: tier 1

Baker McKenzie SC

Baker McKenzie SC is among ‘the very best’ for banking and finance as well as capital markets matters. The team advises local and international banks as well as commercial companies across a variety of industry sectors on a broad range of finance transactions, regulatory compliance, and exchange control matters. It also advises on financial activities abroad, drawing on the firm’s international network. Recent work includes assisting Toyota Financial Services with the issuance and placement of bonds worth $85m. Maritza Mészáros and Alvaro Posada have ‘excellent legal knowledge’ and ‘a very good understanding of the financial industry’. Other clients include Astra Zeneca, Bancrecer and Oxiteno.

Leading lawyers

Maritza Mészáros - Baker McKenzie SC

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Competition and antitrust
Competition and antitrust - ranked: tier 3

Baker McKenzie SC

Baker McKenzie SC is regularly involved in competition matters related to transactional activity and has advised several clients on antitrust compliance issues. Luis Vicentini is the key contact since former practice head Enie Neri de Ross retired.

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Corporate and M&A
Corporate and M&A - ranked: tier 1

Baker McKenzie SC

The ‘very good’ practice at Baker McKenzie SC has a longstanding reputation for advising local and international companies on M&A deals in Venezuela, predominantly on the buyer side. It also has a certain focus on industries with particular restrictions for foreign investors, such as oil and gas, energy, media, transportation, and health. Practice head Carlos Delgado is recommended along with Maria Eugenia Reyes and Luis Vicentini.

Leading lawyers

Carlos Delgado - Baker McKenzie SC

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Dispute resolution
Dispute resolution - ranked: tier 1

Baker McKenzie SC

Baker McKenzie SC covers the full range of litigation, arbitration and mediation services, and often manages complex, high-stake cases that involve several jurisdictions. Arbitration expert Eugenio Hernández-Bretón and litigator José Henrique D’Apollo lead the dispute resolution practice together. Former practice co-head Henry Torrealba retired, and Edmundo Martínez and Alejandro Lares have left the firm to start their own boutique practice.

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Energy and natural resources
Energy and natural resources - ranked: tier 2

Baker McKenzie SC

Baker McKenzie SC routinely handles regulatory and contractual matters in the energy and natural resources sector, and also has expertise in expropriation cases. Practice head Eugenio Hernández-Bretón regularly advises international clients in relation to mining and oil-and-gas projects in Venezuela, and has also assisted in the negotiation of EPC contracts and with project financings. Maria Eugenia Reyes has particular expertise in regulatory matters and negotiations with state-owned enterprises. Roberto Mendoza has retired from the practice.

Leading lawyers

Eugenio Hernández-Bretón - Baker McKenzie SC

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Environment
Environment - ranked: tier 1

Baker McKenzie SC

Baker McKenzie SC’s team provides ‘excellent service’ in a ‘very fast manner’. It has extensive experience in conducting environmental due diligence (including the examination of criminal and administrative environmental liabilities), and in advising on compliance with environmental regulation and liability risks in the context of acquisitions, divestitures, and concessions. Maria Eugenia Reyes is well known in this field, particularly when it comes to matters that relate to the agricultural sector. Martha Cohen is praised for her ‘knowledge of the subject’ and her ‘negotiation skills’.

Leading lawyers

Maria Eugenia Reyes - Baker McKenzie SC

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Intellectual property
Intellectual property - ranked: tier 2

Baker McKenzie SC

Baker McKenzie SC is known for handling large trade mark portfolios of multinational companies, particularly in the luxury goods, cosmetics, and pharmaceutical sectors. The team has also obtained numerous decisions at both the administrative and judicial levels in favour of its clients. Recent work includes assisting a multinational pharmaceutical company with IP and regulatory issues regarding a product launch. Key clients include L’Oréal, Estée Lauder and McDonald’s, among others. Dianne Phoebus is highly rated for IP and also has regulatory expertise in the pharmaceutical and healthcare sector.

Leading lawyers

Dianne Phoebus - Baker McKenzie SC

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Labour and employment
Labour and employment - ranked: tier 1

Baker McKenzie SC

Baker McKenzie SC has a team of labour lawyers ‘of the highest professional calibre’ and the practice group is jointly led by Carlos Felce and Manuel Díaz Mujica. The ‘competent, committed and professional ’ Felce is particularly recommended for personnel reduction matters, while Díaz Mujica combines ‘deep understanding of clients’ business’ with ‘vast experience’ in collective bargaining matters. Mariana Roso is also recommended. Given the current economic conditions in Venezuela, much of the firm’s recent work has been related to restructurings, the closure of operations, and cost and personnel reductions, including collective bargaining matters. The team also has experience in settlement agreements, compensation and benefit plans, the transfer of international employees, and labour audits and compliance issues, as well as litigation. Clients include Astra Zeneca, Bimbo, IMS Health, and Toyota.

Leading lawyers

Carlos Felce - Baker McKenzie SC

Manuel Díaz Mujica - Baker McKenzie SC

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Public law
Public law - ranked: tier 1

Baker McKenzie SC

The ‘very good’ team at Baker McKenzie SC is known for representing private sector clients affected by expropriation measures of the Venezuelan government, and assists clients with the design and implementation of plans to protect their investments and mitigate the effects of possible expropriations. It is also experienced in advising domestic and multinational companies on compliance with the country’s fair-pricing law and its accounting principles. Further areas of expertise are consumer protection regulation and contracts with the public sector. The ‘highly skilled and politically savvyMaría Fernanda Zajía is a well-known expert, and Martha Cohen is a ‘knowledgeable and skilled negotiator’.

Leading lawyers

María Fernanda Zajía - Baker McKenzie SC

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Real estate
Real estate - ranked: tier 1

Baker McKenzie SC

The ‘very good’ team at Baker McKenzie SC provides an ‘excellent service’ on complex real estate transactions, covering the finance and tax aspects of such deals through close collaboration with experts in other departments. It regularly advises on the acquisition, sale and the development of single real estate assets and portfolios, as well as industrial developments. Practice head Maria Eugenia Reyes is highly rated and Alejandro Lares Díaz has a longstanding reputation in the market.

Leading lawyers

Alejandro Lares Díaz - Baker McKenzie SC

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Tax
Tax - ranked: tier 1

Baker McKenzie SC

The ‘very strong’ tax team at Baker McKenzie SC consist of several ‘highly skilled’ individuals. Ronald Evans is a well-known income tax expert, and is very experienced in wealth management matters and tax litigation, as well as advising on the taxation of cross-border transactions, investments, M&A deals and restructurings. José Barnola Jr is particularly noted for his VAT expertise, and advises clients on federal, state and municipal taxation, as well as on international tax matters. He also has extensive experience before the Venezuelan tax courts and the Supreme Tribunal of Justice. Jorge Jraige is praised as ‘very knowledgeable and responsive’. Clients include INDULAC, Grupo Industrial Farallón, and Servicios Halliburton de Venezuela.

Leading lawyers

Ronald Evans - Baker McKenzie SC

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Further information on Baker McKenzie LLP

Please choose from this list to view details of what we say about Baker McKenzie LLP in other jurisdictions.

United Arab Emirates

Offices in Dubai , Abu Dhabi , and Dubai

Argentina

Offices in Buenos Aires

Australia

Offices in Sydney , Melbourne , and Brisbane

Austria

Offices in Vienna

Azerbaijan

Offices in Baku

Belgium

Offices in Brussels and Antwerp

Bahrain

Offices in Manama

China

Offices in Beijing and Shanghai

Chile

Offices in Santiago and Santiago

Canada

Offices in Toronto

Colombia

Offices in Bogota

Czech Republic

Offices in Prague

Germany

Offices in Berlin , Frankfurt , Dusseldorf , and Munich

Egypt

Offices in Cairo

Spain

Offices in Madrid and Barcelona

France

Offices in Paris

Hong Kong

Offices in Hong Kong

Hungary

Offices in Budapest

Indonesia

Offices in Jakarta

India

Italy

Offices in Rome , Milan , and Bologna

Japan

Offices in Tokyo

Kazakhstan

Offices in Almaty

London

Offices in London

Luxembourg

Offices in Luxembourg

Myanmar

Offices in Yangon

Morocco

Offices in Casablanca

Mexico

Offices in Juarez , Tijuana , Monterrey , Mexico City , and Guadalajara

Malaysia

Offices in Kuala Lumpur

Netherlands

Offices in Amsterdam

Philippines

Offices in Manila

Poland

Offices in Warsaw and Lodz

Qatar

Offices in Doha

Asia Pacific: Regional international arbitration

Russia

Offices in Moscow and St Petersburg

South Africa

Offices in Johannesburg

Sweden

Offices in Stockholm

Singapore

Offices in Singapore

South Korea

Offices in Seoul

Switzerland

Offices in Zurich and Geneva

Taiwan

Offices in Taipei

Thailand

Offices in Bangkok

Turkey

Offices in Istanbul and Istanbul

Ukraine

Offices in Kiev

United States

Offices in Washington DC , Palo Alto , New York , Miami , Dallas , Chicago , San Francisco , and Houston

Venezuela

Offices in Valencia and Caracas

Vietnam

Offices in Hanoi and Ho Chi Minh City

Legal Developments by:
Baker McKenzie LLP

  • The New Turkish Code of Obligations: Important Changes for Leases of Residential & Business Premises

    For decades, the primary Turkish laws governing leases of residential and business premises have been the Law on Leasing Real Property dated May 27, 1955 (the “Lease Law”) and the Turkish Code of Obligations No. 818 dated April 22, 1926 (the “Obligations Code”). Both of these laws, however, will be repealed and replaced with the new Turkish Code of Obligations No. 6098 dated January 11, 2011 (the “New Obligations Code”), which will enter into force on July 7, 2012.
    - Esin Attorney Partnership

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Bulgaria: Opening the gas market for foreign traders!

    Most recently, the Bulgarian Energy Regulator has taken significant steps towards the full liberalisation of the natural gas market: In December 2016, the Bulgarian Energy Regulator adopted legislative amendments to the Rules for Trading of Natural Gas ( Правила за търговия с природен газ , " Trading Rules ") and the Rules for Access to the Gas Transmission and/or Gas Distribution Networks and the Natural Gas Storage Facilities ( Правила за предоставяне на достъп до газопреносните и/или газоразпределителните мрежи и за достъп до съоръженията за съхранение на природен газ , " Access Rules "). Moreover, it adopted new Rules for Balancing of the Natural Gas Market ( Правила за балансиране на пазара за природен газ , " Balancing Rules "). read more...
  • When Arbitration Meets Insolvency in Montenegro - Can They Coexist?

    Even at first blush, it is apparent that arbitration and insolvency make strange bedfellows.
  • Hungary: Registration Fees for Company Establishment Abolished

    In an aim to simplify state administration and support economic growth, the Hungarian Parliament adopted a new law abolishing the registration fee and the publication cost for incorporating limited liability companies (" LLC ") ( korlátolt felelősségű társaság ), limited partnerships ( betéti társaság ), general partnerships ( közkereseti társaság ), and sole entrepreneurships ( egyéni cég ). The new law becomes effective on 16 March 2017. read more...
  • SyCipLaw TMT Bulletin: Philippine Central Bank Issues New FinTech Rules

    The Bangko Sentral ng Pilipinas (BSP) (the Philippine Central Bank) has issued two new circulars that will be of interest to companies engaged in remittance services, e-money, digital currency, and other fintech businesses. Both circulars amend portions of the BSP Manual of Regulations for Non-Bank Financial Institutions.
  • IFLR: “Philippines: Foreign equity ownership decision”

    The March issue of the International Financial Law Review ( IFLR ) includes an international briefing article by SyCipLaw partner  Jose Florante M. Pamfilo  entitled “Philippines: Foreign equity ownership decision”. The article discusses the Philippine Supreme Court decision on the case of Roy v. Herbosa (GR no. 207246) to invalidate the Securities and Exchange Commission (SEC) Memorandum Circular no. 8-2013 (MC 8-2013) on the guidelines on compliance with the Filipino-foreign ownership requirements prescribed in the Philippine Constitution and/or existing laws by corporations engaged in nationalized and partly nationalized activities.
  • New regulation on unit-linked life insurance in Hungary

    Policyholders of unit-linked life insurance products pay an agreed sum for the unit-linked insurance to the insurance company, as a regular premium, or in one lump sum. These payments cover the life insurance component as well as the investment, administrative costs, contracting fee and the commissions. The "total cost charged" ("TCC") is an indicator – calculated in line with the rules of Hungarian insurance regulations – showing all costs charged on life insurance policies having a savings element, reflected as a percentage value. The regulation of the TCC in Hungary has been amended effective 1 January 2017. read more...
  • Hungary: Increase of Minimum Sale Price May Affect Retail NPL Transactions?

    On 7 March 2017, the Hungarian parliament adopted a law that increases the minimum sale price of a residential property in the enforcement procedure from the current 70% of its market value to 100% (market value to be understood as the price set by the appraisal of the bailiff), provided that (i) the claim to be enforced stems from a consumer contract; (ii) the real property is the debtor's only real property; and (iii) the debtor resided in that real property for at least six months prior to the initiation of the enforcement procedure.   read more...
  • European Court of Justice rules for the first time on discrimination based on belief

    The Court of Justice confirms a policy of neutrality can justify discrimination based on belief.
  • RECENT COURT ORDER ON GOOGLE RELATED TO PROTECTING INFORMATION RIGHTS

    Korean appeals court orders Google to disclose to Korean users what personal information Google passed to U.S. government.
  • ECJ CASE C-28/26 - RECOVERABILITY OF INPUT VAT OF A HOLDING COMPANY

    Case C-28/26 - Examines the right of a holding company to deduct input VAT on services acquired in the interest of its subsidiaries where those services are offered to its subsidiaries with no consideration.