Reports, client alerts, articles and firm news for companies, banks, investors and institutions doing business in Venezuela.
Comparing the two is akin to comparing entirely different worlds. The 1990 Brady Plan was an orderly, coordinated, and sponsored refinancing of a relatively homogeneous debt package. Conversely, a Venezuelan debt restructuring today would
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
On August 07, 2026, the Law on the Special Lease Regime for Residential Properties (Ley del Régimen Especial de Arrendamiento de Inmuebles Destinados a Vivienda) was published in
REGULATORY REPORT DECREE — Regulations of the Organic Hydrocarbons Law (Official Gazette No. 7,052, Decree 5,381) (Official Gazette No. 43,410) STANDARD 002/2026 Rules for the
On June 25, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) officially issued General License 60 (GL 60) under the Venezuela
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