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Haynes and Boone, LLP

Larry B. Pascal

Larry B. Pascal


Haynes and Boone, LLP
Texas, U.S.A.

tel: +1 214 651 5652
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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 20 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. He historically has been very active in a variety of markets, including but not limited to Mexico, Brazil, Argentina, Chile, Colombia and Costa Rica. He has also worked extensively on numerous multiple jurisdiction projects, particularly in the Americas and Europe. Recently, he has been active advising actors in the aviation sector in connection with the inaugural flights to Cuba.

In 2012, World Services Group selected Larry as its Member of the Year. Larry currently serves as chairman emeritus 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.

Larry is recognized in The Best Lawyers in America, Woodward/White, Inc., for International Trade and Finance Law, 2005-2018. He is AV Peer Review Rated Preeminent by Martindale-Hubbell Law Directory. Additionally, he was recognized in the 2016 edition of Latin Lawyer 250, Law Business Research Ltd., and was included in the Regulatory and Finance chapters of The International Who's Who of Aviation Lawyers, Law Business Research Ltd., 2014 and 2017. Larry was recognized in Chambers Latin America 2016-2018, Chambers & Partners, for Corporate M&A (Latin America-wide), Chambers USA 2016, Chambers & Partners, for Latin American Investment (Texas), and Chambers Global 2017-2018, Chambers & Partners, for Corporate/M&A (Latin America-wide). Chambers Global 2014 singled out Larry for his "key role on many of the firm's regional deals." He was also recognized in 2015-2018 by Latinvex as one of the top 100 Latin American lawyers. Larry was also selected for the 2018 Leaders in Legal Business, Association of International Law Firm Networks.

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.

In May 2015, he delivered the commencement address to the University of Kansas, Department of Political Science (his alma mater).


J.D., The University of Texas, 1991
B.A., University of Kansas, 1988, Phi Beta Kappa; Rhodes Scholar Candidate
Studied Spanish in Complutense in Madrid, Spain, summer 1988.
Areas of Practice
Professional Career

Significant Accomplishments

Represented American Airlines and US Airways in their 54-country post-merger integration.

Represented transportation interests in their historic investment in Cuba.

Represented a US multinational in several antitrust investigations before the Mexican Competition Commission (COFECE)

Representing U.S. and Latin American clients in Latin American energy projects in Mexico, Brazil, Peru, Colombia, Central America and the United States.

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

Professional Associations

Mr. Pascal was inducted in the Dallas Jesuit Sports Hall of Fame for his lifelong tennis achievements.

Professional Activities and Experience

Worked as intern during law school for Chief Justice of the Texas Supreme Court Tom Phillips, 1990

Worked as law clerk for The Honorable Paul Brown, Eastern District of Texas (Sherman Division), 1991-1993.

The United States Changes its Cuba Sanctions Rules
Haynes and Boone, LLP, November 2017

The Trump Administration has followed up on the President’s speech in Miami regarding U.S. policy toward Cuba by announcing new restrictions on trade with Cuba that became effective at the end of 2017. At the heart of the new policy is a “Cuba Restricted List” in which the State Department names 180 Cuban entities with which new commercial relations are to be prohibited...

Trump Administration Announces New Cuba Policy Reversing Some Obama Administration Measures
Haynes and Boone, LLP, June 2017

On June 17, the Trump Administration announced a new policy on Cuba, partially reversing certain of the market-opening measures that had been adopted by the Obama Administration during its final two years...

Mexico, Brazil Skies: Closed No More? Mexican and Brazilian Aviation Markets Start to See Liberalization
Haynes and Boone, LLP, October 2016

The United States has been a leader in advocating the removal of barriers to competition in the civil aviation market and to this effect has signed more than 120 bilateral Open Skies Agreements with countries around the world. However, not all of Latin America has embraced this policy, with Mexico and Brazil being two of the largest holdouts...

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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