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Recent Developments in Venezuela

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Contacts

Carolina A. Fornos
Partner, New York
T: +1.212.858.1558
carolina.fornos@pillsburylaw.com
Robert A. James
Partner, San Francisco
T: +1.415.983.7215
rob.james@pillsburylaw.com
Alicia M. McKnight
Partner, San Francisco
T: +1.415.983.1725
alicia.mcknight@pillsburylaw.com
Christopher R. Wall
Partner, Washington, DC
T: +1.202.663.9250
cwall@pillsburylaw.com
Willie Wood
Partner, Houston
T: +1.713.276.7642
william.wood@pillsburylaw.com
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With a diverse practice mix and extensive in-country experience, Pillsbury is helping clients navigate the rapidly evolving legal and commercial landscape in Venezuela.

For many years, Pillsbury has been at the forefront in Venezuela—advising long-standing clients on some of the most noteworthy developments.

The reverberations of the removal of former Venezuelan President Nicolás Maduro and the U.S. administration’s recent statements regarding its involvement in Venezuela continue to impact global business. The reconstruction and redevelopment of Venezuelan infrastructure and the recovery of Venezuela’s economy will depend on many factors, but prime among them will be the deployment of capital by foreign investors. In a country facing myriad challenges, these geopolitical realities introduce yet another layer of risk and uncertainty that foreign investors will need to grapple with. 

Pillsbury offers the integrated legal guidance required to navigate these evolving complexities. Working with entities across a broad range of industries—including in the energy, finance, construction, and commodity trading sectors—our lawyers help manage risk, protect investments, and identify opportunities. We help clients anticipate and adapt to regulatory shifts, safeguard commercial interests, and get ahead of potential exposures, leveraging the expertise of a diverse team that fully understands the nuances at hand.

Core areas of relevant expertise include:

  • International trade & sanctions
  • Supply chain logistics
  • Energy transactions
  • Project development and finance
  • Regulatory compliance
  • Commercial risk assessment
  • Government law & strategies
  • Insurance advice and claim recovery (political risk and other relevant lines of coverage)
  • Investment structuring and protection
  • Litigation and international arbitration
  • Cross-border investigations
  • Debt restructuring

Our team has already outlined the immediate challenges in Venezuela in these recent blog posts:

  • Venezuelan Energy Sector: Recent Developments, Challenges and Opportunities
  • Doing Business in Venezuela: Political Risk Insurance Is a Critical First Step

We will continue to post the latest developments and our insight on helping clients in this fluid environment.

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