In the News

Latin Lawyer: Here to Stay

Haynes and Boone Partner Larry Pascal participated in a Houston round table bringing together partners in Texas-based Latin American practices to discuss the region's many opportunities. >>

Streaming Video: Larry Pascal Chairs International Law Practice In Texas Task Force

AUSTIN -- Larry B. Pascal, head of the Haynes and Boone, LLP Americas Practice Group, chaired the April 7 meeting of the International Law Practice in Texas Task Force, which will make recommendations on the modernization of the international law practice rules in Texas. >>

The Slow March to Cuba: Larry Pascal talks to Latin Lawyer

Europe’s lawyers have been exploiting business opportunities in Cuba for two decades, while their counterparts in the US see a nation shut off from what could be its principal trading partner. Latin Lawyer sat down with some of the most active lawyers in the region, inlcuding Haynes and Boone Partner Larry Pascal, to take a look at the view from both sides of the Atlantic. >>

Haynes and Boone Advises Shell in Sale of Central American Downstream Businesses

Haynes and Boone, LLP announces completion of the sale of Shell's downstream businesses, including supply, distribution and marketing businesses, in Nicaragua, Guatemala and Honduras to affiliates of the Central American conglomerate, Grupo Terra. >>



Recent Publications

Preparing for Entry into New Markets

Presented at the 47th Annual Symposium on Global Markets, Center for American and International Law, June 16, 2010. >>

Recent Developments in South American Labor Law - Protecting Workers’ Rights or Adding to Labor Market Inflexibility?

This article in Latin American Law & Business Report analyzes important labor law developments in Chile, Peru, Argentina, and Uruguay. In particular, it will focus on (a) discrimination claims in these respective countries and how and when they may arise, (b) trends and new developments in labor law, (c) areas of greatest activity in the respective countries, and (d) M&A considerations, including the acquired rights doctrine,restrictions on outsourcing, and other issues. >>

South American Labor Issues

"South American Labor Issues," presented as part of panel discussion on Emerging Issues in International Law, State Bar of Texas International Law Section, June 10, 2010. >>



Larry B. Pascal

Partner

Dallas


2323 Victory Avenue
Suite 700
Dallas, Texas 75219
T +1 214.651.5652
F +1 214.200.0702

Areas of Practice

Education

  • J.D., University of Texas, 1991
  • B.A., University of Kansas, 1988, Phi Beta Kappa; Rhodes Scholar Candidate

Bar Admissions

  • Texas

Judicial Clerkships

Law Clerk to the Honorable Paul Brown, Federal Judge for the Eastern District of Texas, Sherman, Texas; Law Clerk to the Honorable Tom Phillips, Texas Supreme Court, 1990.

Languages

  • English
  • Spanish

Larry Pascal, the chairman of the Americas Practice Group, has extensive experience advising multinational companies with their investments throughout Latin America and the Caribbean (more than 35 jurisdictions). He also has served as adjunct professor at SMU Dedman School of Law and University of Texas at Dallas - Graduate School of Business. Mr. Pascal is also a leader in the international bar community, having served as Chair of the International Law Section of the State Bar of Texas, where he headed a campaign to adopt the ABA Model Rule for Foreign Legal Consultants. He was recently appointed to chair a Texas Supreme Court task force on international law. Mr. Pascal was recognized in Chambers Latin America 2010 as one of the leading practitioners in the country for Latin American Mergers and Acquisitions, and by Latin Lawyer 250 in 2009. He was also selected for inclusion in the International Who's Who of Aviation Lawyers 2010 (Who's Who Legal). He was recognized in Best Lawyers in America in International Trade and Finance Law, 2011. He has published articles on Latin American legal and in-bound investment issues in English, Spanish, and Portuguese.

Some representative projects include:

  • Representing U.S. and Latin American clients in Latin American energy projects in Mexico, Brazil, Peru, Colombia, Central America and the United States (M&A and project finance).

  • Representing U.S. real estate developers in all aspects of their Costa Rican real estate projects, including concession projects at the Papagayo Resort in Guanacaste, Costa Rica.

  • Representing Spanish multinational in Texas toll road projects.

  • Representing U.S. and foreign airlines and other aviation clients in their mergers and acquisitions transactions in Latin America.

  • Representing information technology companies in their outsourcing, acquisition, and licensing contracts in Latin America and the Caribbean.

Recent Publications and Speeches

  • "Preparing for Entry into New Markets," 47th Annual Symposium on Global Markets, Center for American and International Law, June 16, 2010.
  • "South America Labor Issues," State Bar of Texas International Law Section Annual Meeting, June 2010.
  • "Recent Development in South American Labor Law - Protecting Workers' Rights or Adding to Labor Market Inflexibility?" Latin American Law & Business Report, May 2010.
  • "Latin America Labor Law Panel," International Bar Association, April 2010.
  • "Recent Developments in South American Labor Law - Protecting Workers’ Rights or Adding to Labor Market Inflexibility?," Latin American Law & Business Report, May 2010.
  • "Latin American Project Finance Panel," 2010 State Bar of Texas, International Law Section, 22nd Annual Institute, March 2010.
  • "Project Finance Panel - A Projects Case Study," World Services Group Annual Meeting, San Jose, Costa Rica, November 2009.
  • "Latin American Corporate Governance," Houston Corporate Counsel Association, Latin American Section, Houston, Texas, November 2009.
  • "New Brazil Gas Law," World Pipelines Brasil 2009, September 22, 2009, http://www.worldpipelines.com/.
  • "Will Brazil's New Natural Gas Law Stimulate Investment?" Q&A in Inter-American Dialogue's Latin America Energy Advisor, August 24, 2009.
  • "The Pemex Law and Related Measures - What Energy Reform Means for Mexico," North American Free Trade & Investment Report, Vol. 19, No. 14, July 31, 2009.
  • "The Venezuelan Oil and Gas Sector - Are There Still Opportunities In the Era of Petronationalism?" Latin American Law & Business Report, June-July 2008.
  • "The Oil & Gas Industry in Colombia and the Ecopetrol Partial Privatization," Dallas Bar Association International Law Section, March 2008.
  • "Natural Gas and Electric Markets in South America," Matthew Bender Energy Law and Transactions 2005, 2006.
  • "Modernizing Texas' Foreign Legal Consultant Rule," August 2004.
  • Doing Business in Texas: A Guide for Foreign Investors Doing Business in the Lone Star State (Second Edition).
  • Chicago Convention and Nationality of the Airlines, IBA Annual Convention, Chicago, 2006.

Selected Representative Experience


Divestitures
Represented Royal Dutch Shell in the sale of its downstream businesses in Honduras, Guatemala, Nicaragua and El Salvador.

Honduran Power Project (RECO)
Advised U.S. investor in purchasing a majority interest in the Honduran power distribution company Roatan Electric Company, the local distribution company for the Island of Roatan, Bay Islands, Honduras, including due diligence review, submission of bid to the Honduran power company ENEE, and negotiation of transaction documents.

Acquisition - TWA Assets
American Airlines in its acquisition of Trans World Airways (TWA) assets out of Chapter 11 proceedings.

Sale of Catering Business to Gate Gourmet
Advising Aerolineas Argentinas, SA (Argentina) in the sale of its majority controlled catering business to Gate Gourmet.

Advising Spanish toll road developer in Texas toll road projects
Advising OHL, SA in two toll road projects located in Texas.

American Airlines Moscow Service
Advised American Airlines in establishing service to Moscow.

Project Finance - Irradia, SRL (Peru)
Advising of Irradia, SRL (Peru) in cross-border project financing of Peruvian LNG Facility.

Ecopetrol Acquisition of Propilco, SA, (Colombia)
Advising the Colombian national oil company Ecopetrol in the acquisition of Propilco, SA, one of the largest plastics companies in Colombia.

International Arbitration in Mexico City
Advising a large European multinational in a US$1.5 billion ICC construction law arbitration proceeding in Mexico City against a Mexican national energy company.

Ecopetrol Joint Operating Agreement (JOA) with Exxon Mobil and Petrobras
Advising the state owned Colombian national oil company Ecopetrol in its Joint Operating Agreement (JOA) with Exxon Mobil and Petrobras.

Hillwood Investments Real Estate Development at Peninsula Papagayo in Guanacaste, Costa Rica
Advising Hillwood Investments in connection with the purchase of a concession for a luxury condominium project located at Peninsula Papagayo in Guanacaste, Costa Rica.

Watchtower CR, LLC
Watchtower CR Real Estate Investment in Guanacaste, Costa Rica

MSJ Partners, LLC
MSJ Partners Real Estate Investment in Peninsula Papagayo in Guanacaste, Costa Rica

MSJ Partners Real Estate Investment in Peninsula Papagayo in Guanacaste, Costa Rica
Advising MSJ Partners in connection with the negotiation of a concession and joint venture agreement with Ecodesarollo Papagayo, SA of a luxury condominium project to be located at Peninsula Papagayo in Guanacaste, Costa Rica.

Commercial Metals Company's Acquisition of a steel fabrication facility located in Juarez, Mexico
Advising Commercial Metals Company in the purchase of a steel fabrication facility located in Juarez, Mexico from Canam (Canada)

American Airlines Acquisition of TWA's Assets - Latin America and Caribbean
Advised American Airlines in the acquisition of Trans World Airways (TWA) assets out of Chapter 11 proceedings.  Aircraft were located in the U.S. and 13 foreign jurisdictions, including Mexico and parts of Latin America, Caribbean, Europe, and the Middle East.

Advising American Airlines in its acquisition of a minority interest in Aerolineas Argentinas, SA (Argentina)
Advising American Airlines in its acquisition of a minority interest in Aerolineas Argentinas, SA (Argentina), including extensive due diligence and shareholder agreement.

Advising AMR in international restructuring of its Sabre business in Latin America
Advising AMR in the international restructuring of its information technology Sabre business located in over 40 jurisdictions in Mexico and other parts of Latin America, the Caribbean, Europe, and Asia.

Memberships

  • International Bar Association, Latin America Section
  • American Bar Association, International Law Section
  • State Bar of Texas - Chair of International Law Section (2003-2004)
  • Institute for International and Comparative Law (Advisory Board)
  • Co-Chair, 2005 Symposium for Center for American and International Law
  • SMU Law and Business Review of the Americas - Board of Senior Professional Editors

Online Publications

06/16/2010 - Preparing for Entry into New Markets
Presented at the 47th Annual Symposium on Global Markets, Center for American and International Law, June 16, 2010.

06/10/2010 - Recent Developments in South American Labor Law - Protecting Workers’ Rights or Adding to Labor Market Inflexibility?
This article in Latin American Law & Business Report analyzes important labor law developments in Chile, Peru, Argentina, and Uruguay. In particular, it will focus on (a) discrimination claims in these respective countries and how and when they may arise, (b) trends and new developments in labor law, (c) areas of greatest activity in the respective countries, and (d) M&A considerations, including the acquired rights doctrine,restrictions on outsourcing, and other issues.

06/10/2010 - South American Labor Issues
"South American Labor Issues," presented as part of panel discussion on Emerging Issues in International Law, State Bar of Texas International Law Section, June 10, 2010.

04/27/2010 - Investment Opportunities in Costa Rica
Haynes and Boone, LLP Partner Larry Pascal hosted a seminar addressing important business and legal developments in Costa Rica, including opportunities in the electricity, telecommunications, transporation infrastructure, insurance, outsourcing and the real estate sector. Given the presidential elections in Costa Rica in February 2010 and the ongoing implementation of CAFTA, the presentation offered timely information about investment opportunities in this country.

04/16/2010 - Americas Practice Group Overview
An overview of Haynes and Boone's Americas Practice Group.

09/22/2009 - New Brazil Gas Law
In March 2009, Brazil adopted the much awaited Gas Law (Law 11,909), which represented a historic development for the gas sector in Latin America's largest country.

08/24/2009 - Will Brazil's New Natural Gas Law Stimulate Investment?
A Q&A in Inter-American Dialogue's Latin America Energy Advisor on August 24, 2009.

07/31/2009 - Latin American Energy Markets - 2009
This article provides an overview of recent developments in the energy sector in Latin America. Reprinted by permission from Latin American Law & Business Report, Vol. 17, No. 7, July 31, 2009.

07/31/2009 - The Pemex Law and Related Measures - What Energy Reform Means for Mexico
In November 2008, Mexico adopted the PEMEX Law, which created a new legal framework for its national oil company... The reform introduces four legal and structural changes: (a) special public administration regime, (b) corporate governance reforms, (c) operational autonomy, and (d) special contracting reforms.

03/04/2009 - Latin American Energy Markets
This Powerpoint document was presented Feb. 11, 2009 by Haynes and Boone, LLP Partner Larry B. Pascal at the Fuqua School of Business / Duke Law School Symposium on Doing Business in Latin America. It examines both regional and individual country developments in the energy sector.

08/08/2008 - The Texans Are Coming - Texas-Based Latin America Practices Go Far Beyond Energy and Mexico
The logic of a Texas-based Latin America practice go far beyond energy and Mexico, Latin Lawyer found at a roundtable with the heads of Texas practices.

07/30/2008 - The Venezuelan Oil and Gas Sector - Part 2
Subtitled, "Are There Still Opportunities in The Era of Petronationalism," this is the second of two parts of an examination of the Venezuelan oil and gas sector written for the Latin American Law & Business Report

06/30/2008 - The Venezuelan Oil and Gas Sector - Part 1
Are There Still Opportunities in The Era of Petronationalism? Haynes and Boone's Larry Pascal examines the Venezuelan oil and gas sector in this first part of a two-article production for the Latin American Law & Business Report.

03/18/2008 - The Oil & Gas Industry in Colombia and the Ecopetrol Partial Privatization

03/05/2007 - 2006 South American Oil and Gas Developments

09/21/2006 - Why the Mexican Election Outcome Matters

04/26/2006 - Latin American Corporate Governance - The OECD Perspective

10/01/2005 - Colombia's Ecogas Privatization Process

11/09/2004 - Franchising in the Dominican Republic

08/01/2004 - Modernizing Texas' Foreign Legal Consultant Rule

01/31/2003 - Latin American Regional Update

01/21/2002 - Tax Reform in Mexico

01/11/2002 - Argentine Devaluation Law

01/03/2002 - ALERT: Recent Developments in Argentina

01/01/2001 - Doing Business in Colombia

12/01/1999 - Doing Business in Texas: A Guide for Foreign Investors Doing Business in the Lone Star State

02/25/1999 - Doing Business in Venezuela