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 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
August 12, 2026
Jorge E. Paúl
Client Alert
On July 24, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) updated FAQ 1239. This guidance establishes the mandatory protocol for
July 24, 2026
Jorge E. Paúl
Client Alert
On July 17, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published FAQ 1263. This new guidance provides critical clarification regarding
July 17, 2026
Jorge E. Paúl
Report
REGULATORY REPORT
DECREE — Regulations of the Organic Hydrocarbons Law
(Official Gazette No. 7,052, Decree 5,381)
STANDARD 002/2026
Rules for the Determination, Declaration and Payment of
July 12, 2026
Juan Carlos Andrade
Client Alert
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
June 25, 2026
Jorge E. Paúl
Client Alert
On June 18, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a critical series of updates regarding the Venezuela sanctions
June 18, 2026
Jorge E. Paúl
Client Alert
On June 10, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License No. 52A. Effective immediately, this administrative update
June 10, 2026
Jorge E. Paúl
Client Alert
On June 10, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) comprehensively updated seven key General Licenses (GLs 46C, 47A, 48B,
June 10, 2026
Daniel De Sousa
Client Alert
On May 22, 2026, the amendment to the Organic Law of the Supreme Court of Justice (Ley Orgánica del Tribunal Supremo de Justicia) was published in Extraordinary Official
May 22, 2026
Jorge E. Paúl
Article
Juan Carlos Andrade Santamaria
February 2026
ABSTRACT
This paper examines debt-to-equity swaps as a mechanism for addressing Venezuela's protracted sovereign and quasi-sovereign debt
May 20, 2026
Juan Carlos Andrade
Client Alert
On May 13, 2026, the Venezuelan Vice Presidency for the Economic Sector announced the commencement of the process to restructure the sovereign debt of the Republic of Venezuela
May 13, 2026
Rodolfo Belloso
Article
I. Sovereign Debt
Sovereign debt has certain characteristics that, according to some experts, make it more complex, especially when it comes to restructuring.
Sovereigns involve significant obstacles and
May 4, 2026
Rodolfo Belloso
Report
The Organic Mining Law, published in Official Gazette No. 7,020 (Extraordinary) dated April 16, 2026 (the “Mining Law”), establishes a new legal framework for mining activities in
April 17, 2026
Santiago Parra