Venezuela's Debt Resolution: Recover the Assets

Financial Times

Orrick’s Thomas Laryea authored an article in FT Alphaville discussing the need for a new approach to be taken on Venezuela's asset base, as it looks to restructure its considerable debt burden. Thomas notes, “The lead time to design and test legal innovations to supplement the market-based approaches to sovereign debt restructuring can take months, if not years. Now is the time to be innovative about a solution for a restructuring of Venezuela's assets and liabilities.”