Well, this is a separate issue from earlier threads, which concerned the ethical question of working for Chavez. By my reading of the law (and I'm admittedly not an expert on this) it would seem that Giuliani may have committed a pretty serious felony. I wonder if there's anybody on FR who knows more about this.
Ask the Justice Department. They have plenty of time on their hands right now...
I was being facetious earlier about asking the Justice Department.
Last night, I noticed that the news agencies who actually reported this story (Fox News specifically) made the point that the Giuliani people said that Bracewell & Giuliani are representing the firm in Houston, Texas -- NOT the Venezuela company or the commie Hugo Chavez. However, an intesting investigation might be to just "follow the money".