A lower court was right to find that Venezuela’s state-owned oil company is responsible for $1. 9 billion in principal and interest on defaulted Citgo-backed bonds and that any holding to the contrary would disrupt foundational capital market principles, debtholder interests told the Second Circuit. Full Text -> Law360
More Stories
How Venezuela’s election could upend the geopolitics of the Americas
Crypto Remittances Skyrocket as Migration Crisis Worsens
Un dolor de cabeza menos para Citgo