By Maya Lester KC & Michael O’Kane

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By Maya Lester KC & Michael O’Kane

US issues new Chevron GL to wind down transactions

5 March 2025

US issues new Chevron GL to wind down transactionsGiongi63/Shutterstock.com

OFAC has issued Venezuela General License 41A, which authorises the wind down of certain transactions related to Chevron’s joint ventures in Venezuela. The GL: authorises transactions “incident and necessary” to the wind down of...

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Regimes / Regions

Sanctioning States

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Michael O'Kane
By Michael O'Kane

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 & Peters and as a prosecutor...

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