Palacios, Torres & Korody advises clients in the energy sector on a wide variety of matters, ranging from financing to taxation and regulatory issues. The firm has seen an increase in work from long-time industry participants, including licensees and concessionaires, as well as engaging with new entrants, assisting with financing, acquisitions and day-to-day operations. Carlos Plaza heads the mining practice at the firm, bringing experience in advising large and medium-sized companies on the acquisition of mining rights in Venezuela and abroad. Daniel Betancourt handles regulatory compliance work for clients in the oil and gas and mining sectors. Juan Korody is another key name from the firm.
Testimonials
Collated independently by Legal 500 research team.
‘Excellent team - always provides useful insights and does not settle for less.’
‘Great individuals and excellent leaders that bring together a cohesive team which consistently delivers top-tier results.’
Key clients
- Schlumberger Venezuela
- Eni Venezuela
Work highlights
- Engaged to assess the tax effects on the current contractual scheme used for employees of Eni Venezuela that have been seconded to Cardon IV's ongoing natural gas projects in Venezuela.
- Advised Sucre Energy Group on the design and implementation of a permanent income tax policy with regard to recently acquired interests in a natural gas joint venture in the Yucal Placer block.