tsjvenezuela

The Civil Cassation Chamber of the Supreme Court of Justice (TSJ) ruled that when the parties agree that a debt will be paid solely and exclusively in foreign currency, the debtor cannot discharge it by unilaterally paying in bolivars. The ruling was issued in Judgment No. 501 of October 22, 2026, in which the Chamber overturned a decision that had deemed a $60,000 obligation fulfilled by a transfer in bolivars.
According to the Chamber, when the parties agree that the obligation will be paid only in foreign currency, the special agreement provided for in Article 128 of the Law of the Central Bank of Venezuela applies.

The publication in the Official Gazette of the reform to Article 65 of the Organic Law of the Supreme Tribunal of Justice (TSJ) officially started the countdown: the procedure is opened to appoint all the justices, both principal and alternates. The announcement was made this Friday, September 18, by Deputy and constitutional law expert Juan Miguel Matheus, delegate of the negotiation commission of the National Assembly of 2015, within the framework of the second cycle of the political dialogue table led by Deputy Dinorah Figuera.