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LICENSE No. VENEZUELA-EO13850-2021-372516-1
VENEZUELA SANCTIONS REGULATIONS
LICENSE
(Granted under the authority of one or more of 50 U.S.C. §§ 1601-51, 1701-06, Pub. L. 113-278, Executive Orders 13692, 13808, 13827, 13835, 13850, 13857, and 13884, and 31 C.F.R. Parts 501 and 591.)
To: Universal Weather and Aviation, Inc.
c/o Carlton Fields, P.A.
Corporate Center Three at International Plaza - Suite 1000
Tampa, FL 33607
Attn: Adam P. Schwartz
1. Based upon the request, on behalf of Universal Weather and Aviation, Inc., dated February 1, 2021, to the Office of Foreign Assets Control (the “Application”), the transactions described herein are hereby authorized.
2. This License is subject to the condition, among others, that the Licensee(s) comply with its terms and with all regulations, rulings, orders, and instructions...
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As detailed in the documents in the PDF file surrounding the license application, the U.S. person applicant blocked $474,706.50 that it collected from third parties, most of which was for onward transfer to a blocked PDVSA-owned entity. Of that amount, $29,524.92 was owed to the U.S. person for its services.
Separately, a U.S. judgment creditor obtained a judgment pursuant to TRIA, along with a writ of garnishment for the garnishing of PDVSA assets. Evidently, the judgment creditor sought to garnish the blocked funds that the U.S. person applicant owed to PDVSA, along with the fee for $29,524.92 representing the “fee for services provided by Universal to its [third party] customers”.
LICENSE No. VENEZUELA-EO13850-2021-372516-1 is a rare “unblocking” license, i.e. a license unblocking funds in which a blocked person has an “interest” that are...