The state-owned oil company, PDVSA, maintains that because of this oversight, the bonds cannot be enforced.
$2B Venezuelan Bonds Overturns : Legal Representation
PDVSA and PDVSA Petroleo SA are represented by Kurt W. Hansson, Igor V. Timofeyev, and James L. Ferguson of Paul Hastings LLP. PDV Holding’s legal team includes Nicholas Reddick, Michael J. Gottlieb, Kristin E. Bender, and Jeffrey B. Korn of Willkie Farr & Gallagher LLP. The bondholders are represented by a trustee, MUFG Union Bank NA, which has Roberto J. Gonzalez and Jonathan H. Hurwitz of Paul Weiss Rifkind Wharton & Garrison LLP and Matthew S. Salerno of Latham & Watkins LLP on their side.
