By Luc Cohen
NEW YORK, āApril 6 (Reuters) - Venezuela's government and its political opposition are seeking āto coordinate their legal defense of the oil-rich country's United States assets, after Washington's official recognition ā of interim President Delcy Rodriguez raised questions about who could represent the country in U.S. courts.Ā
Lawyers for Rodriguez's government and the opposition asked Manhattan-based U.S. Magistrate āJudge Sarah Netburn on Monday to pause for 45 days a case in which creditors are āseeking to seize funds linked to state oil company Petroleos de Venezuela while they determined who would represent Venezuela's interests.Ā
The letter signaled potential cooperation between the opposition and ā Rodriguez's government in the safeguarding of U.S. assets including Houston-based ā oil refiner Citgo Petroleum from creditors, including holders of debt issued by PDVSA and Venezuela's government, companies whose Venezuelan assets were expropriated, and victims of acts of alleged terrorism.
Venezuela's information ministry, which handles media requests on the government's behalf, did ānot immediately respond to a request for comment.Ā Ā
Relations between the opposition and Venezuela's socialist ā government have long been acrimonious. The opposition has controlled āU.S. assets including Citgo since 2019, when Washington āfirst imposed sanctions on PDVSA in a bid to pressure now-jailed President Nicolas Maduro to leave office.Ā
Washington in March recognized Rodriguez as Venezuela's leader, following the ācapture of Maduro by U.S. forces. She is nowĀ preparing āto take over the boards of ā PDVSA's U.S. subsidiaries including Citgo, Reuters reported on April 1, citing āfour people close to the preparations.
The U.S. ā recognition of Rodriguez's government prompted Netburn to ask the parties to the lawsuit to clarify who had authority to represent Venezuela in court.
Netburn on Monday granted the ārequest to pause the ācase. Lawyers for the government and opposition are expected to update her on the ā selection of a lawyer to permanently represent āVenezuela's interests by May 21.Ā Ā
(Reporting by Luc Cohen in New York; Editing āby Noeleen Walder and Bill Berkrot)




