Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

GRR Live-Latin Lawyer, New York: The “unique” case of Venezuela's sovereign debt

By Benjamin Clarke

11 July 2019

GRR Live-Latin Lawyer, New York: The “unique” case of Venezuela's sovereign debt

The “astonishing” diversity of Venezuela’s US$150 billion debt pile means its potential sovereign debt workout will be unlike any seen before, the opposition government’s adviser Lee Buchheit has said, as he raised scepticism about state oil company PDVSA entering Chapter 15 bankruptcy in the US.