Overview
Steptoe partner Cari Stinebower was quoted by Semafor in an article titled "Trump’s Venezuela Deal Draws Scrutiny of Obscure Pentagon Office." The article discusses the Trump administration announcement that a Pentagon investment office will take a 35% stake in a Venezuelan oil venture as part of a broader effort to attract US investment and counter foreign influence in the country's energy sector. While the deal has sparked questions about whether the office has legal authority to acquire equity stakes, Cari, drawing on her experience advising companies looking to conduct business in Venezuela, notes that "most everyone wants to participate in the investment opportunities in Venezuela."
Read more at Semafor.
