The fact that Hugo is bringing home, or shifting to "friendly countries", his capital and gold to avoid assets being frozen is another reason for concern.

As long as Venezuela sells oil, they will have assets that can be attached to collect on international arbitration awards.

Hugo sells lots of oil to the West; and even China, as a member of the New York Convention, enforces foreign arbitration awards. Your concern for collectability on an award are unwarranted. Countries that fail to pay and have long term outstanding debts (that continue to accrue interest) are really limited to those that have little international commerce.

The real issue remains financing the company through the arbitration.