Who Can Negotiate? The Legal Status of Venezuela's Debt Counterparties in a Post-Maduro Transition

Venezuela's political landscape has shifted dramatically with the removal of Maduro. Competing authorities now claim the mantle of government. This Deep Dive examines who has the legal standing to represent Venezuela or PDVSA in debt talks, the recognition battles, sanctions constraints, the PDVSA 2020 bond saga, and lessons from contested sovereignty precedents.