Topic: Latin America

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International Group of Companies in Venezuela. The past, the present and the what´s next?

This post was contributed by Yanet C. Aguiar, Partner, Norton Rose Caracas and Valentina Albarrán, Associate, Norton Rose Caracas Venezuela is no stranger to the existence and proliferation of Group of Companies or Business Groups, they have become a fundamental part of Venezuelan economy. However, throughout the last decade or so, we have witnessed the departure … Continue reading

Prior authorization to dismiss with cause a disadvantaged employee: Effective protection or abuse of same?

Many would have thought that the fact that a disadvantaged employee (either handicapped or suffering from a debilitating medical condition) has committed a serious breach, thus incurring in a cause of termination, would allow the employer to validly and unilaterally terminate her or his employment contract without prior authorization from the labor authority and without … Continue reading

Is Outsourcing prohibited under Venezuelan Labour Legislation?

Yes, Outsourcing is prohibited under Venezuelan New Labour Law as long as the contracting of third parties are made to simulate or defraud with the purpose of avoiding the application of the labor legislation. 1.         Definition of Outsourcing under the New Labour Law. Outsourcing is understood to be the simulation or fraud committed by employers … Continue reading