Want to Sue Venezuela for Millions? These Firms Can Help, for a Price

Want to Sue Venezuela for Millions? These Firms Can Help, for a Price
The headquarters of Venezuelan state-owned oil company PDVSA, in Caracas, taken on November 14, 2017. Federico Parra/AFP/Getty Images
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WILMINGTON, Del.—As Venezuela collapses, one little-known U.S. investment fund is poised to win big from litigation against its socialist government: Tenor Capital Management.

Since 2012, the New York firm has invested $76 million in Canadian mining firm Crystallex International Corp, largely to fund a lawsuit being waged against Venezuela for expropriating a gold mine.