LEC Insights
Analysis, alerts and perspectives from LEC Abogados.
Reports, client alerts, articles and firm news for companies, banks, investors and institutions doing business in Venezuela.
Client Alert
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
October 16, 2026
Jorge E. Paúl
Client Alert
September 30, 2026
Jorge E. Paúl, Andrea Salima
Article
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
September 23, 2026
Rodolfo Belloso
Client Alert
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
September 17, 2026
Jorge E. Paúl
Client Alert
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
September 2, 2026
Jorge E. Paúl
Client Alert
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
August 27, 2026
Jorge E. Paúl
Firm News
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
August 26, 2026
Daniel De Sousa
Report
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
August 21, 2026
Santiago Parra
Firm News
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
August 21, 2026
Leopoldo Cadenas Celi, Juan Carlos Andrade
Client Alert
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
August 21, 2026
Jorge E. Paúl
Article
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
August 18, 2026
Rodolfo Belloso