Martinez crossed swords with hedge-fund billionaire Paul Singer in that epic default saga as well as a contentious debt-restructuring orchestrated by Mexican glassmaker Vitro SAB. Other hedge fund managers refer to him as a “ghost investor,” who’s incredibly active yet frustratingly opaque.
“The U.S. is pulling out all the stops and the question is what’s the next most painful thing we could do to the Maduro regime?” said F. Amanda DeBusk, chair of the law firm Dechert’s international trade practice in Washington, who added she’s unaware of any potential Treasury actions related to Fintech. “They really want to stop transactions with the government and send a strong warning signal to others.”
This article provided by Bloomberg News.