Hogan Lovells pulls out of Venezuela amid political and economic upheaval

Hogan Lovells has exited the reeling Latin American nation after 12 years, while other firms, including Baker McKenzie, are staying put

Hogan Lovells has confirmed that it has closed its office in the Venezuelan capital of Caracas, amid an economy in freefall and an election viewed by many critics as rigged.

The ongoing instability has prompted the global firm to reassess its operations in the country, where it has had a base since 2005.

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