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We are pleased to announce that our partner, Carlos Eduardo Acedo, was recognized as the most appointed arbitrator by the Business Center for Conciliation and Arbitration (CEDCA), one of the two main arbitration centers in Venezuela. His participation in the area of commercial arbitration is significant thanks to his extensive experience; this recognition joins that of Chambers and Partners as “Most In Demand Arbitrator”. We thank CEDCA for this recognition!
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We are pleased to announce that MENPA and its attorneys have been recognized by the international directory, The Legal 500, in this year's edition for Latin America, in all the areas it analyzes. MENPA is ranked first in Banking and Finance, Corporate, Litigation, Economic Regulation, Public Law, Real Estate and Taxes, and also stands out in the areas of Energy, Labor and Intellectual Property. • Manuel Acedo Sucre is “Leading Partner” in Corporate, Real Estate and Tax; and is recommended in Banking and Finance. • Carlos Eduardo Acedo is “Leading Partner” in Banking and Finance, and Dispute Resolution; and is recommended in Corporate, Public Law and Economic Regulation. • Rosemary Thomas is recommended in Dispute Resolution, Labor, Public Law and Tax. • Alfonso Graterol is recommended Dispute Resolution and Labor. • Esteban Palacios is “Leading Partner” in Dispute Resolution, Labor and Public Law; and recommended in Energy and Intellectual Property. • Luisa Acedo is “Leading Partner” in Corporate; and recommended in Banking and Finance, Public Law and Real Estate. • María Genoveva Páez Pumar is “Leading Partner” in Tax. • Diego Lepervanche is “Leading Partner” in Banking and Finance, and Corporate; and recommended in Economic Regulation, Energy, Labor, Public Law, Real Estate and Tax. • Luisa Lepervanche is “Leading Partner” in Banking and Finance, Energy and Public Law; and recommended in Corporate, Economic Regulation, Intellectual Property and Real Estate. • René Lepervanche is “Leading Partner” in Corporate. • Juan C. Castillo Carvajal is recommended in Taxes. • Francisco Alemán Planchart is recommended in Intellectual Property and Tax. • María del Carmen López is “Leading Associate” in Real Estate; and recommended in Labor. • Francesca Rigio is “Leading Associate” in Corporate and Dispute Resolution; and recommended in Tax. • Sobella Gómez is recommended in Labor Law.
Chambers Latin Amercia recognizes MENPA and its attorneys, in its annual rankings. · Banking & Finance: Carlos Eduardo Acedo (Band 1) and Luisa Acedo. · Corporate/M&A (Band 1): Manuel Acedo Sucre (Band 1), Carlos Eduardo Acedo, Luisa Acedo, Diego Lepervanche, Luisa Lepervanche, René Plinio Lepervanche and César Lepervanche Mendoza. · Labor: Esteban Palacios · Dispute Resolution: Carlos Eduardo Acedo and Esteban Palacios. · Most in Demand Arbitrator: Carlos Eduardo Acedo (Band 1). · Tax: Juan C. Castillo Carvajal (Band 1) and María Genoveva Páez Pumar. We thank our clients for their support and confidence. Congratulations to our team!
We are proud to announce that MENPA was granted the Women in Business Law Awards America 2024 in the category Jurisdiction: Venezuela, which is sponsored, among others by the international legal directory IFLR, and celebrates "excellence and innovation across the legal sector from today's leading women lawyers."
Our partner, Luisa Lepervanche, shall participate in the V Edition of the Law Congress held at the Universidad Católica Andrés Bello (UCAB), on Friday June 14, at 10.30 a.m. Her presentation is titled "Doing business in Venezuela, in light of certain restrictions". We wish to thank the Organization Committee of the Law Congress for the invitation.
On Thursday, June 6, our partner Diego Lepervanche participated in CONAPRI's Meeting Point. This event brought together businessmen and senior executives from various sectors to learn about the results of a crucial study on business competitiveness in Venezuela. The research, developed for CONAPRI by Deloitte, with the support of @mercantilbancouniversal, compares the tax burden of Venezuelan companies with their peers in a selection of Latin American countries.
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Our partner, Carlos Eduardo Acedo, shall participate next Thursday June 13, in Valencia, in a conference regarding the new Law of Insurance Activity, which was published in the Official Gazette (E) N° 6.770, on November 29, 2023. The event is organized by the Academia de Ciencias Políticas y Sociales, and two law firms. The event shall be transmitted via Zoom: https://us06web.zoom.us/j/9408396225?pwd=ay6YfdJvEQRMbY8a7x6qF9RYia2BYz.1&omn=84716220255 ID: 940 839 6225 Códe: NASC2024 You may also access the conference, by the live broadcast from the Instagram account of the legal offices Villalba, Morales, Rueda, Hermosilla, De Santolo y Asociados (@escritorio_villalba) and Núñez, Alcántara y Asociados (@e.j.nasc ).
The Legal 500 recognized our partners, Luisa Acedo and Manuel Acedo Sucre, in the M&A Powerlist 2024 for Latin America. MENPA’s participation in the area of mergers and acquisitions is very significant. Our team has extensive practice in this type of procedures, which includes due diligence processes, and advice prior to, during and after the acquisition. We thank our clients for their trust in our team, which made this recognition possible.
Our partner, Luisa Lepervanche, will be one of the speakers at the forum organized by the IESA School of Management (Instituto de Estudios Superiores de Administración), on possible scenarios in the Venezuelan energy sector. Her presentation is titled: “Exceptions to restrictions: general context and current situation”. Access shall be via IESA's virtual Zoom platform. Please contact @confiltroiesa.
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Chambers
Global recognizes MENPA and its attorneys, in its annual rankings. ·
Banking & Finance: Carlos Eduardo Acedo
(Band 1) and Luisa Acedo. ·
Corporate/M&A (Band 1): Manuel Acedo Sucre
(Band 1), Carlos Eduardo Acedo, Luisa Acedo, Diego Lepervanche, Luisa
Lepervanche, René Plinio Lepervanche and César Lepervanche Mendoza. ·
Dispute Resolution: Carlos Eduardo Acedo and
Esteban Palacios. ·
Most in Demand Arbitrator: Carlos Eduardo Acedo
(Band 1). We thank
our clients for their support and confidence. Congratulations to our team!
Our partner, Carlos Eduardo Acedo, shall make a presentation on “Lifting the corporate veil in Venezuela”, before the Venezuelan Society of Commercial Law. Please register for access to the event online. https://us06web.zoom.us/meeting/register/tZwpf-itqzkiGtbKfdoFaak20NmeM1g1N-ZT#/registration?fbclid=PAAabyrzo2czKH6TIhHdgVlZjIx5VC9KvI4SJE4LnZlJUVuZfXUV-CFyt5lHg_aem_Aa-N6kcpeqa2ng0PNtM3BOl_gzt_8GsFhqqLkjnIctQbJIlH-yebDyBXv032CzyUYBY
Our partner, Luisa Lepervanche, joins the Board of Directors of the Venezuelan American Chamber of Commerce and Industry (@venamcham_oficial), after being proposed by the Nominations Committee, and ratified by the Annual General Assembly. At MENPA we have been making significant efforts to support the private sector, participating in international chambers and organizations that promote the development of the country, among them, VenAmCham. In fact, several of our partners participate in different committees of this institution, presiding over one of them; forming part of the list of arbitrators of its conflict resolution center, CEDCA – Business Center for Conciliation and Arbitration; and lecturing in different talks and events promoted and organized by this institution. We thank VenAmCham for choosing our partner to take on this new challenge, to collaborate in the work of the organization, which is committed to the development of the private sector and the country.
On November 13, our partner, Carlos Eduardo Acedo, was invited to the Mexican Academy of Jurisprudence and Legislation, for an academic exchange on the situation of private law, the political environment and the academies of both countries. We thank the Mexican Academy of Jurisprudence and Legislationfor the invitation and their attention.
On November 9, 10 and 11, the former Summer Associates and Foreign Associates from Cleary Gottlieb around the world met in Mexico City for the “2023 Latin America Alumni Reunion”, which was attended by our partner, Carlos Eduardo Acedo. This meeting included conferences on the impact of investments on the environment, social and corporate governance, on mechanisms against corruption and on generative artificial intelligence; and allowed assistants to reconnect while visiting the National Museum of Anthropology and the Historic Center of Mexico City, among other activities.
Our partners, Diego Lepervanche and Luisa Lepervanche, will participate as panelists on November 9, in the Forum “After the agreement: 2024 Perspectives”, organized by Ecoanalítica, talking about the international sanctions regime, from the perspective of its interaction with Venezuelan law, with particular emphasis on recent changes. Other participants are Benigno Alarcón with a political analysis, and Graciela Urdaneta and Asdrúbal Oliveros, who will refer to the economic perspectives.
The Legal 500 2023 rankings recognize MENPA as follows: Banking and Finance (Tier 1 Firm): Carlos Eduardo Acedo and Diego Lepervanche (Leading Individuals), Luisa Lepervanche (Next Generation Partner), Manuel Acedo Sucre and Luisa Acedo, and indicating the importance of the new arrivals: Juan C. Castillo Carvajal, Francisco Alemán Planchart, César Lepervanche Mendoza and René Plinio Lepervanche. Corporate and M&A: Manuel Acedo Sucre, Luisa Acedo, Diego Lepervanche and René Plinio Lepervanche (Leading Individuals), Carlos Eduardo Acedo, César Lepervanche Mendoza and Francesca Rigio (Rising Star). Dispute Resolution: Carlos Eduardo Acedo and Esteban Palacios (Leading Individuals), Rosemary Thomas, Alfonso Graterol and Francesca Rigio (Rising Star). Energy and Natural Resources: Luisa Lepervanche (Leading Individual); Manuel Acedo Sucre, Esteban Palacios and Diego Lepervanche. Labour and Employment: Esteban Palacios (Leading Individual); Alfonso Graterol, Rosemary Thomas, Diego Lepervanche and Sobella Gómez. Public Law: Esteban Palacios (Leading Individual); Diego Lepervanche, Luisa Lepervanche, Carlos Eduardo Acedo and María Genoveva Páez Pumar. Real Estate (Tier 1 Firm): Manuel Acedo Sucre (Leading Individual), Luisa Acedo, Diego Lepervanche, Luisa Lepervanche and María del Carmen López (Next Generation Partner). Tax: Manuel Acedo Sucre (Leading Individual), María Genoveva Páez Pumar, Diego Lepervanche, Rosemary Thomas and Francesca Rigio. We thank all our clients for the trust placed in our team, which made this recognition possible.
Tne Academy of Social and Political Sciences shall present the Private Law Forum: Current issues and recent rulings by the TSJ, on Wednesday September 27, at 8.30 am. Our partner and Academy member, Carlos Eduardo Acedo, shall moderate the Forum, and participate with his presentation “Lifting of the corporate veil”.
Our partner, Luisa Lepervanche, participated this Thursday, September 21, in the discussion on “Economic Perspectives of Venezuela 2024”, organized by the Venezuelan Swiss Chamber of Commerce and Industry together with the British Venezuelan Chamber of Commerce, at the headquarters of Venezolano de Crédito , with a presentation titled “Doing business in Venezuela in light of certain restrictions.”
Latin Lawyer again recognizes MENPA in the “highly recommended” category, in its annual rankings of the Venezuelan legal practice. We thank our clients for their trust and confidence.
Chambers Latin America recognizes MENPA in its annual review of the Venezuelan legal practice, in the following areas: We thank all our clients for their trust and support, and we congratulate our entire team for their recognition.
We are pleased to announce that the international directory, The Legal 500, has recognized our partners, Carlos Eduardo Acedo and Esteban Palacios, in its Arbitration Powerlist 2023 for Latin America. Our participation in the commercial arbitration area is very significant. Our team has participated in arbitration proceedings locally before CEDCA (affiliated with the AAA) and the Chamber of Caracas (affiliated with the ICC), as well as internationally in jurisdictions such as Switzerland, the United Kingdom and the United States of America. We thank our clients for their trust in our team, which made this recognition possible.
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Reflecting MENPA's commitment to inclusion, beyond financial support, Carlos Páez Pumar participated with Ricardo Toro in the sports meeting that raises awareness and educates about the inclusion of people with disabilities in society. The impact of this competition is great for the athletes and their families, but it also provides the opportunity for their peers and attendees to be part of the celebration and bring a message of inclusion to the rest of the world.
The award recognizes leading firms, based on a large picture view of initiatives, demographics and practictioners in each jurisdiction. Previously MENPA had also been nominated in the category Work-Life Balance Latin America; and partner Luisa Acedo was nominated in the area of Corporate Governance.
Our partners, Diego Lepervanche and Luisa Lepervanche, will participate on March 29. 2023, in the eCommerce Suppliers Fair, organized by the Colombian Chamber of Electronic Commerce (@camcoelectronic). In this event, they will talk on the following subjects: "Starting to sell abroad through a Marketplace" and the "Legal aspects of doing business in Venezuela".
MENPA - Mendoza, Palacios, Acedo, Borjas, Páez Pumar & Cía. is very proud to incorporate Juan C. Castillo Carvajal, René Plinio Lepervanche, Francisco Alemán Planchart and César Lepervanche Mendoza, who have joined MENPA as partners today. This is a very significant move in the Venezuelan legal market. Our new partners have extensive experience, both local and international, in different areas of the law, including tax and customs, commercial law, civil law, corporate and M&As, where they have developed a long, solid career in our country. Juan C. Castillo Carvajal. Lawyer, Universidad Central de Venezuela (UCV). Master in Tax Law, UCV. LLM in International Taxation, University of Florida. Professor of Public Finances, UCV. Ex President of the Asociación Venezolana de Derecho Tributario. René Plinio Lepervanche. Lawyer, UCV. LLM, Georgetown University. Former Professor UCV. Foreign Associate Holland & Knight. Francisco Alemán Planchart. Lawyer, Universidad Católica Andrés Bello (UCAB). Specialization in Commercial Law, UCAB. Finance Program for Non-Financial Executives, Instituto de Estudios de Educación Superior (IESA). César Lepervanche Mendoza. Lawyer, UCAB. Specialization in Corporate Law, Universidad Metropolitana (UNIMET). Master in Legal Advice to Corporations, Instituto de Empresa, S.L. Our team is strengthened by taking on board these professionals who share our values and our vision, both of which are fundamental to our practice. MENPA’s goal is to provide the best possible service to all our clients.
Chambers and Partners, in its Global yearly rankings, recognized MENPA and its attorneys, as follows: In Banking & Finance, Carlos Eduardo Acedo and Luisa Acedo. In Corporate/M&A, Manuel Acedo Sucre, Carlos Eduardo Acedo, Luisa Acedo and Diego Lepervanche. In Dispute Resolution, Carlos Eduardo Acedo and Esteban Palacios. And as Most In Demand Arbitrator, Carlos Eduardo Acedo. We thank our clients for their support and confidence. Congratulations to our team!
Invited by the Venezuelan American Chamber of Commerce and Industry (VenAmCham), our partners Diego Lepervanche and Luisa Lepervanche shared with the invited members of the Colombian American Chamber of Commerce (AmCham Colombia) their perspective of the legal context of doing business in Venezuela. Many thanks to the attendees for their participation, to KPMG for their attention and to Luis Vicente García (Venamcham) for the invitation.
We thank our clients for their trust in our team, which made possible this recognition by The Legal 500: Manuel Acedo Sucre was designated "Leading Individual" in Corporate and M&A, Real Estate; and recognized in Banking and Finance and Tax. Carlos Eduardo Acedo was designated "Leading Individual" in Banking and Finance, and in Dispute Resolution; and recognized in Corporate and M&A, Energy and Public Law. Rosemary Thomas was designated in the area of Dispute Resolution, with a special mention in Cassation. Alfonso Graterol was recognized in Dispute Resolution and Labour and Employment. Esteban Palacios was recognized in the areas of Dispute Resolution, Labour and Employment, Energy and Public Law. Luisa Acedo in the areas of Corporate and M&A, Real Estate and Banking and Finance. María Genoveva Páez Pumar was recognized in the area of Tax. Diego Lepervanche was recognized in the areas of Banking and Finance, Corporate and M&A, Energy, Real Estate and Tax. Luisa Lepervanche was designated “Next Generation Partner” in Banking and Finance, and recognized in Energy. Carlos Páez Pumar was recognized in Labour and Employment; and María del Carmen López was recognized in Dispute Resolution and Real Estate.
MENPA and its partners have been recognized by Chambers in its annual rankings for Latin America, in the areas of Banking & Finance (Carlos Eduardo Acedo and Luisa Acedo), Corporate/M&A (Carlos Eduardo Acedo, Diego Lepervanche, Luisa Acedo and Manuel Acedo Sucre), Dispute Resolution (Carlos Eduardo Acedo and Esteban Palacios), Most in Demand Arbitrators (Carlos Eduardo Acedo), Labour & Employment (Esteban Palacios), and Tax (María Genoveva Páez Pumar). Carlos Eduardo Acedo has been ranked in Banking & Finance, Corporate/M&A, Dispute Resolution and Most in Demand Arbitrator. Luisa Acedo has been ranked in Banking & Finance and in Corporate/M&A. Esteban Palacios has been ranked in Dispute Resolution and in Labour & Employment. Manuel Acedo has been ranked in Corporate/M&A. María Genoveva Páez Pumar has been ranked in Tax. Diego Lepervanche has been ranked in Corporate/M&A.
Latin Lawyer again recognizes MENPA in the “highly recommended” category, in its annual rankings of the Venezuelan legal practice. 1) Corporate and M&A: Manuel Acedo Sucre, Luisa Lepervanche, Carlos Eduardo Acedo and Diego Lepervanche. 2) Administrative Law: Esteban Palacios, María Genoveva Páez Pumar, Carlos Eduardo Acedo and Manuel Acedo Sucre. 3) Energy: Carlos Eduardo Acedo, Manuel Acedo Sucre and Esteban Palacios 4) Real Estate & Tourism: Luisa Acedo, Manuel Acedo Sucre and Diego Lepervanche 5) Litigation: Rosemary Thomas, Alfonso Graterol and Esteban Palacios. 6) Anti-corruption investigations and compliance: Luisa Acedo and Diego Lepervanche 7) Tax: Manuel Acedo Sucre and María Genoveva Páez Pumar 8) Labor: Esteban Palacios and Alfonso Graterol. 9) Arbitration: Carlos Eduardo Acedo. 10) Insurance and Reinsurance: Carlos Eduardo Acedo.
Diego Lepervanche shall join Luis Bárcenas of Ecoanalítica in the analysis of the Organic Law of Special Economic Zones (LOZEE), to be held on August 30, from 8:00 to 11:00 a.m., at the JW Marriot Hotel in Caracas. Our partner shall review the perceived advantages to investors, as well as the challenges, legal and practical, to the implementation of the special economic zones, the next steps in the process of creation of the specific zones which have been announced, and other relevant issues.
The International Financial Law Review (IFLR1000) has recognized MENPA in the two areas reviewed in Venezuela: Financial and Corporate, and Project Development. In addition, two of our partners have been certified as “highly regarded”: Manuel Acedo Sucre, in the areas of Capital Markets, Banking, M&A; and Carlos Eduardo Acedo in Capital Markets, Banking, Project Finance, M&A. We would like to thank all our clients, and to congratulate our team.
Our partners, Luisa Acedo and Diego Lepervanche, with the assistance of our associate José Antonio Román, have reviewed the new Organic Law of Special Economic Zones, published in the Official Gazette N° 6,710 (E), of July 20, 2022. The law represents an opportunity for national and foreign investment, in specific locations and regarding certain economic sectors and activities, which are of interest for expansion and development under special rules.
Our partners, Luisa Acedo and Manuel Acedo Sucre, with the collaboration of our associate, José Antonio Román, wrote the Venezuelan Chapter on Restructuring and Insolvency, in the legal magazine Lexology GTDT- Market Intelligence.
https://www.lexology.com/gtdt/intelligence/r-and-i/venezuela
Chambers and Partners, in its Global yearly rankings, recognized MENPA and its attorneys, as follows: · - Banking & Finance: Carlos Eduardo Acedo and Luisa Acedo. · - Corporate/M&A: Manuel Acedo Sucre, Carlos Eduardo Acedo, Luisa Acedo and Diego Lepervanche · - Dispute Resolution: Carlos Eduardo Acedo and Esteban Palacios · - Most In Demand Arbitrator: Carlos Eduardo Acedo. We thank our clients for their support and confidence. Congratulations to our team!
We thank our clients for their trust in our team, which made possible this recognition by The Legal 500: Manuel Acedo Sucre was designated "Leading Individual" in Corporate and M&A, Real Estate; and recognized in Banking and Finance and Tax. Carlos Eduardo Acedo was designated "Leading Individual" in Banking and Finance, and in Dispute Resolution; and recognized in Corporate and M&A, Energy and Public Law. Rosemary Thomas was designated in the area of Dispute Resolution, with a special mention in Cassation. Alfonso Graterol was recognized in Dispute Resolution and Labour and Employment. Esteban Palacios in the areas of Dispute Resolution, Labour and Employment, Energy and Public Law. Luisa Acedo in the areas of Corporate and M&A, Real Estate and Banking and Finance, with a special mention in International Sanctions. María Genoveva Páez Pumar was recognized in the area of Tax. Diego Lepervanche was designated "Next Generation Partner" in the area of Dispute Re
Chambers Latin America, the international legal directory, has recognized MENPA - Mendoza, Palacios, Acedo, Borjas, Páez Pumar & Cía. and its attorneys in most of its ranked areas: - Banking and Finance: Carlos Eduardo Acedo and Luisa Acedo. - Corporate/M&A: Manuel Acedo Sucre, Carlos Eduardo Acedo, Luisa Acedo and Diego Lepervanche. - Litigation: Carlos Eduardo Acedo (who is also recognized as Most in Demand Arbitrator) and Esteban Palacios. - Labor & Employment: Esteban Palacios. - Tax: María Genoveva Páez Pumar. We thank our clients for their trust and congratulate our attorneys.
Our partners, Manuel Acedo Sucre and Rosemary Thomas, are again recognized by LACCA, The Latin American Corporate Counsel Association, as “LACCA Approved”. This is a significant award, since it is a list of the most voted attorneys, chosen by the region’s leading corporate counsel. MENPA is greatly honored by the selection of Manuel Acedo Sucre in Corporate and M&A, and of Rosemary Thomas in Litigation. We thank our clients’ internal counsel for their vote of confidence.
MENPA has been recognized once again by IFLR-1000 (the International Financial Law Review’s rating in more than 120 jurisdictions worldwide) in the areas of Project Development, and Finance and Corporate, which are the ones assessed for Venezuela. In addition, IFLR has recommended, as ‘‘highly regarded’’, our partners: Manuel Acedo Sucre (in Banking, Capital markets, and M&A) and Carlos Eduardo Acedo (in Banking, Capital markets, M&A, and Project finance). We thank all our clients for their vote of confidence in our team.
Chambers Global yearly rankings recognized our firm and individual attorneys: · Banking & Finance: Carlos Eduardo Acedo and Luisa Acedo. · Corporate/M&A: Manuel Acedo Sucre, Carlos Eduardo Acedo, Luisa Acedo and Diego Lepervanche · Dispute Resolution: Carlos Eduardo Acedo and Esteban Palacios · Most In Demand Arbitrator: Carlos Eduardo Acedo. We thank our clients for their support and confidence. Congratulations to our team!
As provided in Decree N° 4,420, published in Official Gazette N° 42,049 of January 18, 2021, individuals residing in Venezuela must pay income tax only on amounts which exceed 5,000 tax units. The limit applies to taxable net enrichments from territorial source obtained during the 2020 fiscal year. Taxpayers, who have already declared and paid 2020 income tax without taking such baseline into account, will receive a tax credit to be applied to subsequent fiscal years.
The decree was published in the Official Gazette dated December 31, 2020. It extends the protection granted to workers regarding dismissal, for a two year period, and applies to all workers, both in the public and private sectors. Workers protected by this decree cannot be fired, or have their situation changed for the worse, or be transferred, unless the Labor Inspector previously qualifies such actions as due to a "fair cause". Workers in management position, and seasonal or occasional workers are excluded from this protection.
The decree was published in the Official Gazette dated December 31, 2020. It extends the protection granted to workers regarding dismissal, for a two-year period, and applies to all workers, both in the public and private sectors.Workers protected by this decree cannot be fired, or have their situation changed for the worse, or be transferred unless the Labor Inspector previously qualifies such actions as due to a "fair cause".Workers in a management position and seasonal or occasional workers are excluded from this protection.
Our partners, Manuel Acedo Sucre and Rosemary Thomas, are recognized by LACCA, The Latin American Corporate Counsel Association, as “LACCA Approved”. This is a significant award, since it is a list of the most voted attorneys, chosen by the region’s leading corporate counsel. MENPA is greatly honored by the selection of Manuel Acedo Sucre in Corporate and M&A, and of Rosemary Thomas in Litigation. We thank our clients’ internal counsel for their vote of confidence.
We thank all our clients for their trust in our team, which made possible this recognition by The Legal 500: Oswaldo Páez Pumar, in Tax. Manuel Acedo Sucre was named "Leading Individual" in Corporate and M&A, and in Real Estate; and recognized in Banking and Finance, and Tax. Carlos Eduardo Acedo was named "Leading Individual" in Banking and Finance, and in Conflict Resolution; and recognized for his participation in Corporate and M&A, Energy and Natural Resources, and Public Law. Alfonso Graterol was recognized for his practice in Conflict Resolution and Labour and Employment. Esteban Palacios, in the areas of Conflict Resolution, Labour and Employment, Energy and Natural Resources, and Public Law. Luisa Acedo, in Banking and Finance, and in Corporate and M&A. Our new generation was also favorably reviewed, as follows: María Genoveva Páez Pumar was recognized in the areas of Conflict Resolution, Public Law, and Tax. Diego Lepervanche was designated as a "Nex
Chambers Latin America, the international legal directory, has recognized MENPA - Mendoza, Palacios, Acedo, Borjas, Páez Pumar & Cía. in most of its ranked areas: Banking and Finance: Carlos Eduardo Acedo and Luisa Acedo. Corporate/M&A: Manuel Acedo Sucre, Carlos Eduardo Acedo, Luisa Acedo and Diego Lepervanche Litigation: Carlos Eduardo Acedo (who is also recognized as Most in Demand Arbitrator) and Esteban Palacios. Labor & Employment: Esteban Palacios Real Estate: Manuel Acedo Sucre and Diego Lepervanche Tax: María Genoveva Páez Pumar.
The decision of the Civil Cassation Chamber, rendered on August 27, 2020, allows the digital submission of some cassation procedures before such Chamber of the Supreme Tribunal, and is based on the Covid-19 pandemic. The procedure establishes that the relevant documents should be sent in PDF format to the Secretary of the Chamber by e-mail. The sender must explain his/her accreditation, and commit to deliver the original document to the Secretary of the Chamber, at the first opportunity. Once the electronic formalization has been made, the Chamber shall notify the other party by electronic, telephone or digital means, so that the latter, by the same electronic means, may challenge or answer the claim. The Secretary of the Chamber shall reflect these actions expressly in the file.
The decision of the Civil Cassation Chamber, rendered on August 27, 2020, allows the digital submission of some cassation procedures before such Chamber of the Supreme Tribunal, and is based on the Covid-19 pandemic. The procedure establishes that the relevant documents should be sent in PDF format to the Secretary of the Chamber by e-mail. The sender must explain his/her accreditation, and commit to deliver the original document to the Secretary of the Chamber, at the first opportunity. Once the electronic formalization has been made, the Chamber shall notify the other party by electronic, telephone or digital means, so that the latter, by the same electronic means, may challenge or answer the claim. The Secretary of the Chamber shall reflect these actions expressly in the file.
The Venezuelan French Chamber of Commerce, Industry and Agriculture has organized a webinar regarding the effects of the Covid-19 pandemic on contractual and labor relationships, by our partners Esteban Palacios and Luisa Lepervanche. For access:
https://docs.google.com/forms/d/e/1FAIpQLSfTbeeX8mBkO6_EluwCyMduPrXoUb-VkhasQMDK4tXDmpUEOA/viewform
The article “Covid-19: Force Majeure and Hardship Clauses in Contracts”, by our partner, Carlos Eduardo Acedo Sucre, is part of the work “Legal Studies on the COVID-19 Pandemic and the Decree of the State of Alarm in Venezuela”, published by the Academy of Political and Social Sciences jointly with the Editorial Jurídica Venezolana Internacional. This work is available through the website of the Academy of Political and Social Sciences.
Once again, Resolution N° 001-2020 of the Supreme Court of Justice has been extended. This Resolution provided that no Court would dispatch from March 16 to April 13, 2020, except in the cases established therein. This suspension has been extended every month since then. In this new period, the cases will remain in suspension and the procedural lapses will not run. However, urgent actions may be practiced to ensure the rights of any of the parties, in accordance with the law. With regard to constitutional protection, the days of said period will be considered enabled. In criminal matters, the service will continue only for urgent matters. The courts are ordered to make provisions to guarantee access to justice, in accordance with the objectives of the Resolution, including in certain cases the establishment of shifts.
This week, from Tuesday 16th to Thursday 18th, registries and notary offices are open for service, from 8 a.m. to 12 p.m., as confirmed by the regulating agency, SAREN on its website. As part of the general quarantine flexibilization schedule (7 + 7), which establishes that next week said entities will be closed. For its part, the Full Chamber of the TSJ, in Resolution No. 004-2020 of June 12, 2020, extended the suspension of courts’ activities for 30 additional days, except for constitutional protection and the processing of urgent matters, until July 12, 2020. At Menpa we continue to attend all our clients’ legal issues, including documentation and procedures.
In a repeat action of the extension of the original Decree of State of Alarm (which had been originally issued on March 13, 2020, and was extended on April 12, 2020 for thirty days), the current Decree again provides an extension, this time of the second Decree of State of Alarm, which was issued on May 12, 2020, by stating -in almost identical wording- that such extension is due to the “social order circumstances which put in grave risk” the citizens’ public health and security; and that the National Executive shall adopt “urgent, effective and necessary measures of protection and preservation of the health of the Venezuelan population, in order to mitigate and eradicate” the Covid-19 pandemic.
In a repeat action of the extension of the original Decree of State of Alarm (which had been originally issued on March 13, 2020, and was extended on April 12, 2020 for thirty days), the current Decree again provides an extension, this time of the second Decree of State of Alarm, which was issued on May 12, 2020, by stating -in almost identical wording- that such extension is due to the “social order circumstances which put in grave risk” the citizens’ public health and security; and that the National Executive shall adopt “urgent, effective and necessary measures of protection and preservation of the health of the Venezuelan population, in order to mitigate and eradicate” the Covid-19 pandemic.
On May 26, 2020, a virtual forum was held, organized by the Academy of Political and Social Sciences, through the structure of the Universitas Foundation, with the participation of our partner and academic, Carlos Eduardo Acedo Sucre. The article may be found here:
A new Decree declaring the State of Alarm for thirty days was published in the Official Gazette, following the end of the extension of Decree N° 4.160 of March 13, 2020. The Decree is based on the persistence of the exceptional and extraordinary circumstances which motivated the March Decree, related to the COVID-19 pandemic, which has reached "over four million people over the world", and is very similar to such previous Decree. Article 1 decrees the State of Alarm, given the social order circumstances that put at grave risk the citizens’ public health and security, and indicates that the National Executive shall adopt “urgent, effective and necessary measures of protection and preservation of the health of the Venezuelan population, in order to mitigate and eradicate” the COVID-19 pandemic.
The international legal directory, Latin Lawyer, made public its annual review of the Venezuelan arena. Our partners were recommended in most areas: from our senior practitioner Oswaldo Páez Pumar (recognized in Energy and Corporate Governance) to our recently promoted partners: María Genoveva Páez Pumar (Tax), Diego Lepervanche (Corporate/M&A), and Luisa Lepervanche (Corporate/M&A and Corporate Governance), and including Manuel Acedo (Administrative Law, Corporate/M&A, Corporate Governance, Real Estate/Tourism, and Tax), Carlos Eduardo Acedo (Insurance, Energy, Administrative Law, Sports/Entertainment, Corporate/M&A, and Litigation), Rosemary Thomas (Litigation and Labor), Rosa Elena Martínez de Silva (Labor), Alfonso Graterol (Labor and Litigation), Esteban Palacios (Energy, Sports/Entertainment, Corporate Governance, and Labor) and Luisa Acedo (Compliance and Real Estate/Tourism).
Article 1 of the Decree provides the extension for thirty days of Decree N° 4.160 of March 13, 2020, due to the “social order circumstances which put in grave risk” the citizens’ public health and security. The National Executive shall adopt “urgent, effective and necessary measures of protection and preservation of the health of the Venezuelan population, in order to mitigate and eradicate” the Covid-19 pandemic. And article 2 provides that the Decree shall be in force from the date of its publication in the Official Gazette.
Article 1 of the Decree provides the extension for thirty days of Decree N° 4.160 of March 13, 2020, due to the “social order circumstances which put in grave risk” the citizens’ public health and security. The National Executive shall adopt “urgent, effective and necessary measures of protection and preservation of the health of the Venezuelan population, in order to mitigate and eradicate” the Covid-19 pandemic. And article 2 provides that the Decree shall be in force from the date of its publication in the Official Gazette.
Article 1 of the Decree provides the extension for thirty days of Decree N° 4.160 of March 13, 2020, due to the “social order circumstances which put in grave risk” the citizens’ public health and security. The National Executive shall adopt “urgent, effective and necessary measures of protection and preservation of the health of the Venezuelan population, in order to mitigate and eradicate” the Covid-19 pandemic. And article 2 provides that the Decree shall be in force from the date of its publication in the Official Gazette.
Resolution N° 001-2020 of the Supreme Court of Justice, in the Full Chamber, is based on "social circumstances that seriously jeopardize the public health and safety of citizens of the Bolivarian Republic of Venezuela due to the COVID-19 pandemic ”. Courts are ordered to make provisions so that the public service for the administration of justice is not suspended. With regard to constitutional protection, the days of said period will be considered enabled. In criminal matters, the service will continue only for urgent matters.
In compliance with international protocols for the protection of staff and citizens in general, the MENPA offices will be closed, but our activities will not stop. On this website, you will find the contact details of our lawyers, who will attend to your affairs efficiently and quickly. We shall notify the reopening of the offices here.
In a further analysis of the petro, our partner, Luisa Lepervanche, published a new article: (link below) Cryptocurrencies, and the petro in particular (although the categorization is debatable), have long been of interest to Luisa Lepervanche, leading to a series of articles, published in national and international venues, of which this is the latest. At MENPA, we are available to assist you in focusing on these matters, directly and by means of conferences and in-house presentations.
http://www.derysoc.com/blog/analisis-de-ciertos-esfuerzos-del-estado-en-la-promocion-del-petro/
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