Reports, client alerts, articles and firm news for companies, banks, investors and institutions doing business in Venezuela.
The Business Plan Under Venezuela's New Hydrocarbons Regime Under Venezuela's new hydrocarbons regime, the Business Plan is no longer just a business plan. The new framework has taken a familiar
On October 16, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License 60A (GL 60A), replacing and superseding GL
A contemporary restructuring would be documented in parallel layers that close in a coordinated manner; however, today there is an additional layer in the case of Venezuela (that
On September 14, 2026, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General License No. 52C, replacing and superseding GL
On September 2, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General Licenses (GLs) 51D, 54C, and 55A, alongside updated
On August 27, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued significant regulatory amendments to eight Venezuela-related General Licenses
We are honored to share that LEC Abogados has once again been ranked in Chambers Latin America 2027 Guide. Our recognized practice areas include: * Banking & Finance * Corporate
Regulations and Implementing Resolutions The publication of the Regulations to Venezuela’s Organic Hydrocarbons Law (the “Regulations”) together with the ministerial implementing resolutions governing Royalties and the Integrated
The team at LEC Abogados is proud to share a major milestone for Venezuela’s energy sector. Yesterday at the Marriott Marquis in Houston, Texas, Hunt Oil executed
On August 21, 2026, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General License 61 (GL 61) and General License
A sovereign debt restructuring is typically negotiated as a market-standard transaction—governed by New York law, utilizing fiscal agents, and incorporating collective action clauses—but there is
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