Emergency Contact  
    .  
         
 

Newsroom

     
  "Venezuela or the short of cash Legislator that did not take himself seriously" by Luis Enrique Cuervo

September 8th, 2009

On May 7, 2009 the Venezuelan Congress issued an Organic Law that reserved to the State Goods and Services related to Primary Hydrocarbon Activities. The new law is the most recent trend in the recurring topic of nationalizations. This time however, the State acted like a white collar thief, through congress and even the judiciary, and through legislation that while transferring assets to the State does not characterize such measure as an expropriation.

Click here to read full article.

Luis Enrique Cuervo is a partner in the firm's Bogotá and Houston offices. He can be reached at lec@frvf-law.com.

 

 




:: Back
 

Other News

:: "Key ruling on enforcement of foreign non-admiralty judgments issued" by Philip Brickman
July 16th, 2014
:: Fowler Rodriguez Named One of 2014 "Best Law Firms" by U.S. News and World Report and The Best Lawyers in America
November 1st, 2013
:: "Texting Could Create Liability for Vessel Owners" by Larry DeMarcay
October 28th, 2009
:: "Vessel Security: Can You Comply With Regulations?" by Larry DeMarcay
October 28th, 2009
:: "Venezuela or the short of cash Legislator that did not take himself seriously" by Luis Enrique Cuervo
September 8th, 2009
:: "Minimizing Your Liability for Environmental Incidents" by Larry DeMarcay
July 27th, 2009
:: "The Government Made Me Do It" by Larry DeMarcay
May 26th, 2009
 
         
     FR International Group   |   Maritime Claims Americas, Inc.    |   Legal