Recognized as one of the top firms for client service, BakerHostetler is a leading national law firm that helps clients around the world address their most complex and critical business and regulatory issues. With five core national practice groups — Business, Labor and Employment, Intellectual Property, Litigation, and Tax — the firm has more than 970 lawyers located in 14 offices coast to coast. BakerHostetler is widely regarded as having one of the country’s top 10 tax practices, a nationally recognized litigation practice, an award-winning data privacy practice and an industry-leading business practice. The firm is also recognized internationally for its groundbreaking work recovering more than $13 billion in the Madoff Recovery Initiative, representing the SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC. Visit bakerlaw.com
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On Feb. 1, 2019, the Venezuelan Ministry of National Commerce
sent a notification that patent and trademark fees shall be paid in
the Venezuelan cryptocurrency "PETRO." HOWEVER, the
United States government, by Executive Order 13827 (March 19,
2018), expressly prohibits such transactions by
U.S. persons, including individuals and companies, relating to any
digital currency, digital coin or digital token issued by, for or
on behalf of the government of Venezuela on or after Jan. 9, 2018.
Accordingly, at this time we cannot pay for renewal or registration
of your trademarks or patents in Venezuela. We do not know if or
when this may be resolved. If you have something coming up for
renewal in Venezuela, it may not be possible to pay the fees. Stay
tuned.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
Recognized as one of the top firms for client service, BakerHostetler is a leading national law firm that helps clients around the world address their most complex and critical business and regulatory issues. With five core national practice groups — Business, Labor and Employment, Intellectual Property, Litigation, and Tax — the firm has more than 970 lawyers located in 14 offices coast to coast. BakerHostetler is widely regarded as having one of the country’s top 10 tax practices, a nationally recognized litigation practice, an award-winning data privacy practice and an industry-leading business practice. The firm is also recognized internationally for its groundbreaking work recovering more than $13 billion in the Madoff Recovery Initiative, representing the SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC. Visit bakerlaw.com
