Vinson & Elkins LLP

Why this score

The ad hoc board of PDVSA, while representing a Venezuelan state-owned entity, is distinct from the Maduro regime. Its activities are likely focused on protecting the assets of Venezuela for a potential future democratic government, which could be seen as neutrally aligned or even positively aligned with U.S. interests depending on the specific legal actions taken. Without concrete details on the legal advisory activities, a neutral score is most appropriate.

Editorial heuristic · not a legal determination