Miami Herald: Investors may accept Venezuela’s default on its debt – for now

Under the bonds’ provisions, 25 percent of the creditors can decide to go to court to force an “acceleration” of the payments, said Russell Dallen, managing partner of Caracas Capital.

But bondholders for now appear willing to wait and see whether the Venezuelan government will meet its promise to pay, he added.

http://www.miamiherald.com/news/nation-world/world/americas/venezuela/article184944463.html