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CLIENT ALERT: VENEZUELAN SANCTIONS: WIND-DOWN PERIOD ENDED TODAY ON E.O. 13884

September 4, 2019

Introduction

Executive Order (“E.O.”) 13884 was issued by President Trump on August 5, 2019, imposing additional sanctions against the Government of Venezuela. (See Freehill Client Alert dated August 6, 2019.) With limited exceptions, E.O. 13884 essentially (i) blocked all property in the U.S. of the Government of Venezuela, (ii) prohibited U.S. persons from engaging in transactions involving the Government of Venezuela, and (iii) set forth circumstances under which any person (including non-U.S. persons) might face sanctions as a result of transactions with the Government of Venezuela.

To read the full Client Alert, click HERE.