
Venezuela owes $20.7 million to U.S. law firms handling litigation against creditors seeking to collect unpaid debts from bond defaults and nationalizations carried out more than 15 years ago, according to a document seen by Reuters.
The South American nation owes bondholders and companies more than $60 billion over companies nationalized under then-President Hugo Chavez as well as over defaulted bonds from the country and state oil firm PDVSA.