Larry B. Pascal



Education and Clerkships

J.D., University of Texas at Austin School of Law, 1991

B.A., University of Kansas, 1988, Phi Beta Kappa; Rhodes Scholar Candidate

  • 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

Bar Admissions






Larry Pascal serves as the Chair of the Americas Practice Group and Co-Chair of the International Practice Group for the firm, and has more than twenty years of experience in advising companies on their cross-border Latin American and Spanish projects, advising clients on transactions throughout Latin American and the Caribbean (as well as other parts of the world), and has traveled extensively throughout the region.

In 2012, World Services Group selected Larry as its Member of the Year. Larry is also recognized in The Best Lawyers in America®, Woodward/White, Inc., for International Trade and Finance Law, 2005-2016. He is AV® Peer Review Rated Preeminent by Martindale-Hubbell® Law Directory. Additionally, he was included in the Regulatory and Finance chapters of The International Who's Who of Aviation Lawyers, Law Business Research Ltd., 2014. Chambers Global, Chambers & Partners, 2014 singled out Larry for his “key role on many of the firm's regional deals.” He was also recognized in 2015 by Latinvex as one of the top 100 Latin American lawyers.

Larry has extensive experience in the aviation, energy and infrastructure, financial services, and real estate. He also publishes and speaks extensively on cross-border developments, serving for many years as the author of the South American energy chapter for the Matthew Bender treatise entitled Energy Law and Transactions. He has also served as an adjunct law professor at SMU School of Law, and been invited to speak at a variety of law schools and MBA Programs in the United States, including Duke, the University of Texas at Dallas, Louisiana State University, and the University of Kansas on a variety of topics pertaining to Latin American business.

Larry is also a leader in the international bar community. He served as the Chair of the International Section of the State Bar of Texas, and led a successful campaign for the adoption of the ABA Model Rule on Foreign Legal Consultants in Texas. He later received his appointment as the Chair of the Task Force on International Law Practice appointed by the Texas Supreme Court, and guided this prestigious body on a unanimous set of proposed reforms for modernizing international law practice in Texas, which the Texas Supreme Court subsequently adopted.

Larry co-leads the firm's cross-border efforts in Brazil.

Larry serves as Vice Chair and Director for World Services Group, one of the largest international networks in the world with membership in more than 120 countries in every continent.


Best Lawyers

Haynes and Boone Maintains Strong Presence in The Best Lawyers in America 2016

The Best Lawyers in America 2016, an annual referral guide listing outstanding lawyers throughout the U.S., has recognized 114 Haynes and Boone, LLP lawyers across more than 60 practice areas.

Published by Woodward/White, Inc. in August 2015

Latin America


Latinvex Ranks Haynes and Boone Near Top of Rankings

Latinvex, publisher of daily news and weekly analysis on Latin America business, has ranked Haynes and Boone, LLP as one of the top 50 law firms doing business in Latin America, and as a top 10 firm in both banking & finance, and in project finance.


Chambers USA 2015

Chambers USA Recognizes 52 Haynes and Boone Lawyers

Fifty-two Haynes and Boone, LLP lawyers are recognized in the 2015 edition of the highly regarded Chambers USA directory of top lawyers and law firms.

Published by Chambers & Partners in May 2015

Professional and Community Activities

  • World Services Group, Board of Directors (2013-2016)
  • Association of Former Law Clerks of the Eastern District of Texas
  • 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


Publications and Speeches

  • "Post-Merger International Integration: The American Airlines – U.S. Airways Merger as a Case Study," speaker, the Belo Mansion, September 15, 2015.
  • "Raising the Bar," guest author, Latin Lawyer magazine Volume 13, Issue 6, August 2014.
  • "Making Texas More Competitive in International Law," Texas Bar Journal, July 2014.
  • "Re-Opening the Genie's Bottle - The Peruvian Oil and Gas Market," guest author, Latin America Law & Business Report, Vol. 21, Number 6, June 2013.
  • "Re-Opening the Genie's Bottle - What's in Store for Latin American Energy in 2013: Focus on Brazil," guest author, Latin American Law & Business Report, Vol. 21, Number 4, April 2013.
  • "The Current Mexican Political and Economic Landscape – What to Expect From the New President Enrique Peña Nieto," World Services Group North American Regional Meeting, Washington, D.C., February 28, 2013.
  • "Brazil: New Riches in the New World," co-presenter, International Law Section, State Bar of Texas Annual Institute, March 29, 2012.
  • "The Inside Track: Section 363 Sales and the Advantages (and Disadvantages) of being the Stalking Horse in the US," co-author with John Middleton, Recent Trends in Restructuring and Distressed M&A in Latin America, International Bar Association, Buenos Aires, Argentina, September 4-5, 2011.
  • "Latin American Energy Markets for 2011 - Bolivia and Venezuela," Latin American Law & Business Report, Volume 19, Number 4, April 2011.
  • "Latin American Energy Markets for 2011 - Argentina and Peru," Latin American Law & Business Report, Volume 19, Number 3, March 2011.
  • "What Should Be Done to Improve Mexico's Pension System?" interviewed with Gabriela Salazar Torres, Latin America Advisor, Inter-American Dialogue, February 10-23, 2011.
  • "Latin American Energy Markets for 2011 - Brazil and Mexico," Latin American Law & Business Report, Volume 19, Number 2, February 2011.
  • "Costa Rican Real Estate Development and the Global Financial Crisis," Latin American Law & Business Report, Vol. 18, No. 9, September 2010.
  • "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,
  • "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.

Representative Clients

  • American Airlines
  • Bank of America, N.A.
  • CMC
  • Ecopetrol, S.A.
  • FMC Corporation
  • GMAC
  • IATA
  • Hillwood
  • Lehman Brothers
  • OHL, S.A.
  • Sabre Inc.
  • Shell Oil Company
  • US Airways, Inc.
  • YPF, S.A.

Representative Projects

  • Represented Royal Dutch Shell in the sale of its downstream businesses in Honduras, Guatemala, Nicaragua, El Salvador, Panama and Costa Rica, as well as the sale of two joint venture interests. 
  • Represented Ecopetrol S.A., a Colombian national oil company, in the acquisition of Propilco, SA, one of the largest plastics companies in Colombia. 
  • Represented Ecopetrol S.A. in its Joint Operating Agreement (JOA) with Exxon Mobil and Petrobras. 
  • Represented FMC Corporation, a multinational company, in connection with the development of a gas pipeline in Argentina. 
  • Represented Summit Electric Supply Co., an electrical distributor, in connection with its establishment in the Colombian free trade zone and obtainment of Ex-Im Bank financing in connection with the REFICAR refinery located in Cartagena, Colombia. 
  • Represented a U.S. company in connection with a public bid issued by Costa Rica's state owned refining company, RECOPE, for the construction of an airport fuel facility at an international airport located in Costa Rica and the related joint bidding agreement entered into with its Costa Rican partner. 
  • Represented a Latin American national oil company in obtaining a U.S. judgment in connection with the default on a loan extended to an ethanol developer based in the U.S. 
  • Advised a 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. 
  • Represented Irradia, SRL (Peru) in a cross-border project in connection with the financing of Peruvian LNG Facility

Infrastructure & Manufacturing
  • Represented a Costa Rican distributor in a lawsuit brought by Mars, Inc. that sought damages and a foreign anti-suit injunction and involved jurisdictional issues as to whether an American manufacturer can sue a foreign distributor in a U.S. court. Successfully persuaded the Fifth Circuit to affirm the dismissal of the lawsuit. 
  • Represented Manufacturas Especializadas, SA in its purchase of Texas manufacturing assets from Snoke Special Products Co., Inc. 
  • Represented Commercial Metals Company in the purchase of a steel fabrication facility located in Juarez, Mexico from Canam. 
  • Represented Carrollton Marble and Granite, Inc. in the sale of stock to Levantina y Asociados de Minerales, S.A. (Spain). 

Aviation & Technology
  • Represented one of the largest multinational transportation companies in the world in leading in the post-merger international integration involving over 100 countries. 
  • Represented American Airlines in its acquisition of Trans World Airways (TWA) assets out of Chapter 11 proceedings. Represented Aerolineas Argentinas, SA in the sale of its majority controlled catering business to Gate Gourmet. 
  • Represented American Airlines in the formation of a representative office in Moscow and the related regulatory work in connection with the commencement of air service from Chicago to Moscow. 
  • Represented American Airlines in the acquisition of Trans World Airways assets out of Chapter 11 proceedings. The Aircrafts were located in the U.S. and 13 foreign jurisdictions, including Mexico and parts of Latin America, Caribbean, Europe, and the Middle East. 
  • Represented American Airlines in its acquisition of a minority interest in Aerolineas Argentinas, SA including extensive due diligence and shareholder agreement. 
  • Represented AMR in the international restructuring of its information technology business, Sabre Inc., located in over 40 jurisdictions in Mexico and other parts of Latin America, the Caribbean, Europe, and Asia. 
  • Represented IPNetFusion, Inc. in a merger with Nethawk OYJ. 
  • Represented Sabre Inc. in its information technology outsourcing on behalf of Aerolineas Argentinas, S.A. 
  • Represented VALID, S.A. in its acquisition of a smart card business in the United States. 

  • Represented U.S. architectural firm in connection with the termination by the Costa Rican government on a public bid for a public-private partnership for the Pococi Correctional Facility in Costa Rica and related litigation. 
  • Represented OHL, SA in the development of two toll road projects located in Texas. 
  • Represented a Spanish contractor in its work on two toll road projects in North Texas. 

Real Estate
  • Represented Hillwood Investments in connection with the purchase of a concession for a luxury condominium project located at Peninsula Papagayo in Guanacaste, Costa Rica. 
  • Represented Watchtower CR, LLC in a stock purchase agreement involving Costa Rican real estate. 
  • Represented MSJ Partners in connection with the negotiation of a concession and joint venture agreement with Ecodesarollo Papagayo, S.A., for a luxury condominium project to be located at Peninsula Papagayo in Guanacaste, Costa Rica. 
  • Represented multiple U.S. financial institutions in the sale of real estate loan portfolios in Mexico. 

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