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OFAC updated a general license to authorize certain activities in order to wind down operations or existing contracts with certain Venezuelan entities.
within International Law, Intellectual Property, Litigation and Mediation & Arbitration topic(s)
OFAC updated a general license to authorize certain
activities in order to wind down operations or existing contracts
with certain Venezuelan entities.
General License 6A extends the validity of General License 6
until January 21, 2020. The general license authorizes certain activities with Globovision
Tele C.A. and Globovision Tele CA, Corp., which otherwise would be
prohibited by Executive Order 13850 ("Blocking Property
of Additional Persons Contributing to the Situation in
Venezuela").
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