Restructuring 2026
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
Banking & Finance
8 publications
Brady Restructuring vs. 2026 Restructuring
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,
LEC Abogados Ranked in Chambers Latin America 2027
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
Sovereign Debt Restructuring and Contracts of Public Interest
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
Debt-to-Equity Swaps in Venezuela's Restructuring Landscape: Contractual Design, Legal Constraints, and the Conditions for Viable Debt Conversion
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
Restructuring of the Venezuelan Debt
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
International Monetary Fund and World Bank Resume Dealings with Venezuela Amidst Central Bank Leadership Overhaul
We wish to inform our clients of a series of unprecedented developments regarding Venezuela’s reintegration into the global financial system that took place on April 16, 2026.
OFAC Issues General License 57 – A Major Pivot for Venezuelan Banking
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has just released General License 57, significantly expanding the scope of authorized financial transactions