On March 8, 2019, OFAC issued amended General Licenses 3D and 9C related to Venezuela sanctions, extending the wind down periods in relation to financial contracts and other agreements involving certain bonds and Petróleos de Venezuela, S.A. (PdVSA), along with its subsidiaries.
For more information on how this could impact your business, contact:
- Martin Lutz, Partner (firstname.lastname@example.org, 512-495-6024)
- Lindsey Roskopf, Attorney (email@example.com, 713-615-8534)
- or another member of the McGinnis Lochridge International Trade and Transactions Practice Group