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.

Larry has been recognized by prestigious market watchers such as Chambers Global, USA and Latin America, Latin Lawyer, and Latinvex for multiple years for his work in the region, particularly in the area of mergers and acquisitions and projects. In 2012, World Services Group selected Larry as its Member of the Year. Larry is also recognized in The Best Lawyers in America® for International Trade and Finance Law, 2005-2015. 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 2014. Chambers Global singled out Larry in 2014 as an "expert based abroad" for his "key role on many of the firm's regional deals."

Larry has extensive experience in the 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 America.

Mr. Pascal 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.  

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

Mr. Pascal serves as Secretary and Director for World Services Group, one of the largest international networks in the world with membership in over 120 countries in every continent.

Representative Clients

  • American Airlines 
  • Bank of America, N.A. 
  • CMC 
  • Ecopetrol, S.A. 
  • FMC Corporation  
  • GMAC 
  • 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. 

Chambers Global

Chamber Global 2015

Chambers Global Celebrates Haynes and Boone In Seven International Practice Categories

In one of its best showings ever in annual research by the highly respected Chambers Global legal directory, seven practices and 12 lawyers from Haynes and Boone, LLP are recommended as leading providers of legal services in the international marketplace.

International Capabilities

Latin Lawyer 250 2014

Latin Lawyer 250 Directory Highlights Haynes and Boone

As it has for more than 10 years, Latin Lawyer 250 has recognized Haynes and Boone, LLP lawyers for their international and Mexico-based legal work, this year singling out 19 practitioners and seven practice groups for inclusion in the highly regarded listing of recommended law firms.

Latinvex Top 100


Three Haynes and Boone Lawyers Selected for Latinvex Top 100

A trio of Haynes and Boone, LLP lawyers specializing in Latin American transactions and cross-border work has been named Latinvex Top 100 lawyers, an honor reserved for the leading attorneys from international law firms doing legal business in the region.

Americas Practice Group

Americas Practice Group

An overview of Haynes and Boone's Americas Practice Group - its lawyers, practices, experience and accolades.

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