
I interpreted this action the opposite way. If a court finds these companies’ claims against VZ legitimate and awards them those assets, the court actually can’t give it to them. This could hurt the oil companies. I bet they’re wondering wtf this means, unless some discussion is already happening with them. This might be used towards Venezuela as some sort of reward or something
But it could also go the opposite way I guess. It seems like it’s basically telling the courts “you don’t get to decide anything regarding this money anymore”, which seems like a violation of checks and balances. But how the US has controlled the assets of other countries has always been shady. This is a super long read but it might be interesting and provide some background: https://prospect.org/2025/11/26/30-billion-dollar-identity-theft-of-venezuela/