Legal Regime Applicable to the Mixed Companies of Article 22 of the Venezuelan Organic Hydrocarbons Law
Article from: OGEL 3 (2008), in Venezuela
Introduction
The definition of Mixed Company has not been particularly studied in Venezuelan case-law and doctrine, and this category does not have a simple, homogenous legal development. In other words, there is not an unequivocal definition of Mixed Company in the context of Venezuelan Law. The concept of Mixed Company cannot be understood without defining and limiting State Company because, in our opinion, a Mixed Company is where private investors and the State share participation in a company that does not qualify as a State Company. Therefore, part of the problem is, in fact, that there ...