USA issues new Venezuela Executive Order; increases sanctions

Yesterday, US President Trump announced that he had increased sanctions on Venezuela by issuing a new Executive Order, prohibiting US persons from transacting in: (i)                  The purchase of any debt owed to the Venezuelan government (including accounts receivable);  (ii)                Any debt owed to the Venezuelan government that is pledged as collateral after 21 May 2018 (including…

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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