Navigating U.S. Company Strategies in Venezuela amidst Shifting Sanctions Landscape

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The chapter explores the impact of OFAC's license on U.S. companies engaging with Venezuela's State Oil Company, discussing changes in U.S. policy towards Venezuela and implications for oil and gas transactions. It emphasizes the need for businesses to understand new general licenses, implement compliance programs, and prepare for evolving sanctions risks in Venezuela.

This week, Wade Weems, a partner at McGovern Weems, a business defense law firm that helps executives, corporate boards, company founders and entrepreneurs manage regulatory risk and government action, speaks with Reorg's Maria Abreu about the complexities of navigating Venezuela's ever-changing sanctions landscape and legal strategies for businesses navigating these developments. And as always, we also bring you our weekly summary of interesting developments in the restructuring world as well as a preview of what’s on tap for this week. f you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: reorg.com/resources/reorg-on-the-record/ #leveragedfinance #highyield #restructuring #performingcredit #distresseddebt #debtrestructuring #leveragedloans