By Maya Lester KC & Michael O’Kane

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 accounts receivable); and (iii)              The…...

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

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