LEC Abogados
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LEC Abogados operates across the corporate, energy, and banking and finance sectors, providing technical advice on the regulatory and financial complexities of the Venezuelan market. Rodolfo Belloso co-heads the corporate and M&A and banking and finance departments, focusing on the financial engineering of debt-to-equity arrangements and capital raising. Jorge Paúl co-leads the corporate and M&A group, specialising in the adaptation of international corporate governance to local regulations and the negotiation of high-value supply contracts for industrial multinationals. In the banking and finance sphere, co-head Leopoldo Cadenas is a specialist in structured financial instruments, advising global institutions and multilateral organisations on commodities derivatives, bullion swaps and debt restructurings. Juan Carlos Andrade leads the energy and natural resources group, acting as a strategist for high-value oil and gas projects, including advising on production participation contracts (CPP) and sanctions-compliant structuring; he further distinguishes the practice through his role as a director of the Venezuelan Petroleum Chamber. The firm’s transactional work is supported by Santiago Parra Ortega, who manages the tax structuring layer for cross-border M&A and corporate planning. Senior associate Patricia Khazen leverages over a decade of experience as a former alternate director at Suelopetrol to provide insight into hydrocarbons business management. Of counsel Arturo Jáuregui provides additional support to the energy department, focusing on technical regulatory analysis and upstream contractual frameworks, while associate Anyelis Tineo assists with the regulatory implementation of corporate strategies and contractual negotiations with key suppliers.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- They have extensive knowledge of legal matters, especially international trade, and the ability to provide timely answers and solutions. Jorge Paúl, Rodolfo Belloso and Santiago Parra are particularly noteworthy.
- The firm offers legal pragmatism and deep experience, creating new methods and an ability to adapt quickly to volatile and unstable legislation.
Key clients
Grupo Bimbo – Bimbo de Venezuela, C.A.
PCM Lift Solutions – PCM USA, Inc.
Work highlights
Advised Repsol on the restructuring and ongoing operation of its oil and gas activities in Venezuela, including the implementation of contractual arrangements with PDVSA.

