Palacios, Torres & Korody

Palacios, Torres & Korody has longstanding experience of advising key players in the energy sector on financing, taxation, regulatory and operational matters. Clients include licensees, concessionaires and private-sector partners to mixed companies. Leonardo Palacios, who has a focus on in the restructuring of companies and privatisation in the oil and gas field, leads the practice alongside Juan Korody, who represents oil and gas companies, and Carlos Plaza. Daniel Betancourt is another key name in the practice.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The PTCK team has extensive experience in the area, and knows how to propose the most practical solutions in a way that is accessible to the client.'
  • 'PTCK attorneys are engaged, reactive when needed and update clients on any relevant issues.'
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Key clients

  • Total Oil and Gas Services
  • Schlumberger Venezuela
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Work highlights

  • Advised Total on all fiscal and regulatory matters concerning the transfer of its share participation in the Petrocedeño Public-Private Joint Venture.
  • Advised Schlumberger on the corporate, fiscal, regulatory and investment protection aspects of a corporate restructuring of its Venezuelan subsidiaries.
Abbreviated data is displayed for this firm.