Banking, Corporate Financing & Insurance:
Menpa is the leader in this area, advising major banks and insurance companies, both foreign and national. Insurance practice, project finance and debt restructuring are part of its strongest areas. The firm also provides day-to-day advice regarding regulatory framework, corporate and contractual matters, as well as litigation. Menpa is also very active regarding emerging issues, such as cryptocurrencies, international restrictions and compliance. Recent practice includes representing a major Portuguese bank (in liquidation) against claims of approximately USD 400,000,000.
Corporate & Capital Markets:
Menpa assists many major international companies with their corporate needs, their activities and their subsidiaries in Venezuela. The firm’s expert advice includes corporate law, governance, foreign investment, exchange controls, labour and tax issues. The firm assists clients in dealings with the securities authority (new products, administrative procedures, takeover defenses, listing and delisting of securities, etc). Menpa designs and organises complex and efficient corporate structures.
Mergers & Acquisitions:
A top firm regarding M&As, Menpa is also the leading law firm working on private equity matters. It assists transnational corporations and private equity firms, in global and local acquisitions: from negotiating the deal to conducting the due diligence in all relevant areas (labour, contracts, insurance and banking, corporate, real estate, regulatory matters, tax, etc.), to finally structuring, implementing and documenting the transaction itself. With regard to private equity transactions, Menpa advises clients on the acquisition and its funding. It designs the structure for the investments, drafts the corresponding agreements, negotiates with investors and implements the investment itself. Recent non-confidential transactions include the acquisitions of the subsidiaries of Renault and Emerson in Venezuela.
Energy & Natural Resources:
The firm has a long history in this area, having advised the original oil companies in Venezuela, and later on PDVSA. Menpa handled the major investments in oil and energy projects (Hamaca, Petrozuata, Fertinitro, Profalca) for the bank lenders and the issuers, and assisted them up to and including the nationalisation processes. Menpa now continues its assistance regarding energy and natural resources and their financing, currently representing corporations that provide services to the national oil and electricity companies, such as Andritz Hydro Gmbh, Asea Brown Boveri, AES Corporation, Consortium Euro-Bras Guri and Solsica (Emerson’s former subsidiary and currently sole distributor in Venezuela).
Litigation & Arbitration:
The firm’s litigation department is one of the best and largest in Venezuela. What it offers is twofold: top legal services and absolute transparency in dealing with the authorities. This is particularly important to clients subject to foreign anti-bribery laws, such as the US Foreign Corrupt Practices Act and the UK Bribery Act. Menpa works very closely with international firms in handling important litigation for clients in Venezuela and advising on Venezuelan law regarding proceedings conducted abroad. Menpa’s partners are experienced and sought-after arbitrators. Recent cases involve Four Seasons, MSD (a Merck subsidiary), Asea Brown Bovery, Mercantil Banco, Zurich Seguros, among others.
Menpa’s extensive experience in labour law and litigation differentiates the firm. It handles collective bargaining negotiations and litigation at every level. Menpa advises important Venezuelan companies and local subsidiaries of international corporations with regard to general labour policies, unions, issues of safety and health and work stoppages.
The team has extensive expertise on regulatory issues. Exchange control regulations, foreign investment protection, price controls and consumer protection, and competition issues are part of Menpa’s core practice; as well as advising our clients regarding rigorously regulated areas, such as insurance, banking and finance. Menpa also assists clients in their projects with the Venezuelan state or state-owned companies. Finally, Menpa has a long history in privatisation processes.
Menpa’s tax experts are recognised by peers, clients and accountants as the best. They give general tax assistance to local and foreign clients, concerning their exposure and the application of the Venezuelan tax regime, in order to obtain efficient tax management and avoid tax claims. Tax work includes planning and litigation at administrative and judicial levels, including the Supreme Tribunal, where the firm is most effective.
English, French, Italian, Spanish.
Among the more significant clients which the firm has represented in the last few years are the following: AES Corporation; Andritz Hydro Gmbh; Asea Brown Boveri; Astrazeneca Venezuela; Banco do Brasil; Banco Nacional de Crédito; Banesco; Beakaert; BNP Paribas; C.A. Ron Santa Teresa; C.A.Venezolana de Pinturas; Calyon; Cámara de Aseguradores; Citibank, N.A.; Colcerámica; Compass Group; Consortium Euro-Bras Guri; Corporación Grupo Químico; Credit Suisse; Deloitte & Touche International Organisation; Deutsche Bank; DHL Forwarding Venezuela, S.A.; Distribuidora Alcarin; Dresdner Bank; Formiconi;; Evolvere Capital; Four Seasons Corporation; Freeport-McMoRan Copper & Gold Inc.; Grupo Orbis; Iveco Venezuela, Marsh McLennan Company, Sedgwick and Guy Carpenter; Mercantil Banco Universal; Merinvest; MetLife; Metropolitan Distributors (Diageo local distributors); MSD Farmacéutica; Mudanzas Global; Munich Re and Munchener de Venezuela; Organización Corona; Pacific Investment Management Company, PIMCO; Pintacasa; Pinturas International; Prodenvases Crown S.A.; Química Integrada (INTEQUIM); Solsica C.A. (sole Emerson Electric distributor) Telefónica and Telefónica Venezolana; The Coca- Cola Company and Coca-Cola Servicios de Venezuela; Voith Hydro Ltda;Vicson; Venemergencia; Zurich Insurance Zurich Seguros.