Akerman Logo

Arturo H. Banegas Masia

Partner 
666 Fifth Avenue
20th Floor
New York, NY 10103
 
Tel:
212.259.6408
Fax:
212.905.6428
Cell:
908.625.2402
 
 

Arturo H. Banegas Masiá is a partner in the Corporate Practice Group. He has extensive experience in corporate, finance, and restructuring transactions, with an emphasis on cross-border business strategies, leveraged acquisition financings, transactional finance matters in distressed settings, out-of-court restructurings, and liability management transactions.

Prior to joining Akerman, Arturo served as senior counsel for a leading wireless technology company, where he was responsible for mobile payment, carrier billing, and mCommerce initiatives.
 
Representative Experience
-
Representation of seller in the pending disposition of a large beverage and food processing company in Venezuela.
 
-
Representation of acquirer in negotiations for the pending acquisition of a television broadcaster and producer in Colombia.
 
-
Representation of seller in the sale of Tio Rico, an ice cream processing and distribution company in Venezuela, to Unilever.
 
-
Representation of Promesa (Alimentos Polar) in its acquistion of a corn meal manufacturing facility in Colombia.
 
-
Representation of bank lenders in financing a US$ 2.4 billion extra-heavy oil project in Venezuela for Petrozuata.
 
-
Representation of bank lenders in financing a US$ 810 million petrochemical project in Venezuela for Fertilizantes Nitrogenados de Venezuela, FertiNitro.
 
-
Representation of bank lenders in financing a pending mining project in Venezuela for Mineras Las Cristinas C.A.
 
-
Representation of possible acquirer in conducting due diligence and negotiating the potential purchase of a major bank in Venezuela.
 
-
Representation of IBM de Venezuela in designing and implementing a corporate structure to manage personnel for outsourcing services.
 
-
Representation of IBM de Venezuela in designing and implementing credit transactions for large purchases of technology by the financial sector.
 
-
Served as Secretary of the Board of VenWorld Telecom, CA, the joint venture that acquired Venezuelan incumbent telephone company when privatized.
 
-
Designed and implemented a set of poison pills and other protective measures for listed companies in Venezuela.
 
-
Representation of Verizon Communications in successfully defending a hostile tender offer of a Venezuelan incumbent telephone company.
 
-
Assisted major clients in designing and implementing structures to comply with Venezuelan exchange control.
 
-
Representation of foreign bank lenders as beneficiary of Credit Risk Insurance in preparing the claim to insurers in a number of commercial loans.
 
-
Representation of Verizon Communications in the re-nationalization process of CANTV in Venezuela.
 
-
Designed and implemented corporate structures to protect investments in challenging jurisdictions.
 
-
Representation and advisement of clients in divesting assets in Venezuela.
 
-
Representation of Verizon Wireless in the design and implementation of deals involving mobile payment, carrier billing, and mCommerce initiatives.
 
Awards & Recognition
-
The Best Lawyers in America, 2016, 2017, Listed in New York for Corporate Law and Mergers and Acquisitions Law
 
-
Chambers Global 2011, Recognized for Banking and Finance in Venezuela
 
-
Chambers Latin America 2009-2011, Recognized for Corporate/M&A and Banking & Finance in Venezuela
 
-
LatinLawyer 250 2009-2010, Recognized for Corporate and Banking
 
-
The Best Lawyers in Venezuela 2013-2015, Listed in Corporate Law
 
-
The Best Lawyers in Venezuela 2013-2015, Listed in Mergers & Acquisitions Law
 
-
The Legal 500 2016, Recommended for Mergers, Acquisitions & Buyouts: M&A National Middle Market
 
Published Works & Lectures
-
Newsletter of the International Bar Association Latin American Forum Legal Practice Division, Author, "Is Latin America prepared for Mobile Banking?," March, 2014
 
-
International Bar Association, Author, "Negotiated M&A Guides - Country Guide: Venezuela," 2014
 
-
Duke University School of Law, Speaker, "A Conversation with Arturo H. Banegas Masiá (Verizon Wireless) and Julien Vasques (PricewaterhouseCoopers)," Durham, North Carolina, 2012
 
-
Business Laws of Venezuela, Author, "Establishment of Commercial Activities," 2010
 
-
Business Laws of Venezuela, Author, "Overview on Finance," 2010
 
-
Business Laws of Venezuela, Co-author, "Labor and Employment Law," 2010
 
-
Business Laws of Venezuela, Co-author, "Telecoms and Media," 2010
 
-
II Latin American Legal Leasing Forum, Panelist, "Legal Remedies to Enforce Creditors' Rights of the Parties Arising from Leases," Miami, Florida, 2009
 
-
Telecoms and Media, Co-author, "Venezuela - Telecoms and Media Regulations Overview," 2009
 
-
Telecoms and Media, Co-author, "Venezuela - Telecoms and Media Regulations Overview," 2008
 
-
Telecoms and Media, Co-author, "Venezuela - Telecoms and Media Regulations Overview," 2007
 
-
Tributación Municipal y Exacciones Parafiscales - VIII Jornadas Venezolanas de Derecho Tributario, Author, "Contenido Tributario de la Ley Orgánica de Ciencia, Tecnología e Innovación," 2006
 
-
VIII Annual Meeting Venezuelan Tax Society (AVDT), Presenter, "Fiscal Contribution in Science and Technology," Caracas, Venezuela, 2006
 
-
International Bar Association (IBA) Conference, Panelist, "How Should Lawyers Protect and Encourage Investments in Challenging Environments at the Latin American Forum," Sao Paulo, Brazil, 2006
 
-
El Derecho Privado y Procesal en Venezuela, Co-author, "Única Experiencia Exitosa en Venezuela de Defensa contra una Oferta Pública de Toma de Control (OPTC) Hostil," 2002
 
Professional Memberships & Activities
-
American Bar Association, Member, 2013-present
 
-
New York State Bar Association, Member, 2013-present
 
-
Appellate Division of the Supreme Court of the State of New York, Attorney and Counselor at Law, 2013-present
 
-
Duke University School of Law, International Advisory Board, Board Member, 2011-present
 
-
International Bar Association, Member, 2008-present
 
-
Asociacion Venezolana De Derecho Tributario (Tax law Venezuelan Association), Member, 2001-present
 
-
Ilustre Colegio De Abogados Del Distrito Capital, Abogado, 1994-present
 
-
Universidad Monteavila, Law Professor, 2009-2010
 
-
International Bar Association, Latin American Forum, Officer, 2008
 
-
Tribunal Superior Septimo Contencioso Tributario, Deputy Judge, 1995-1996
 
Other Languages
-
Spanish
 

Associated News, Events and Publications
News
Events


Arturo  H. Banegas Masia

Practice
Corporate
Education
LL.M., Duke University School of Law, 2000
LL.B., Universidad Católica Andrés Bello, 1993
Bar Admissions
New York
Venezuela
 
 
Home | Contact Us | Terms & Privacy Policy | Disclaimer | Follow Akerman on Twitter   Connect with Akerman on LinkedIn
©2017 Akerman LLP, Akerman (Nevada) LLP. Attorney Advertising.