The recent removal of President Maduro from Venezuela has
triggered a flurry of political activity. However, the legal
implications are also far-reaching, with important considerations
for foreign investors.
At HSF Kramer, we are closely monitoring developments, alongside
experienced local counsel in Venezuela. The firm has a Venezuela
Group that is able to assist our clients in navigating these
developments and respond to any eventuality.
In the immediate term, we can expect former Vice President and
acting President Delcy Rodriguez to clarify through the National
Assembly what impact there will be on the prospect of a new general
election. In turn, this will impact the degree of control acting
President Delcy Rodriguez has alongside the U.S. administration,
and what role they will take.