Bondholder – Summaries of news and views OnVenezuela https://onvenezuela.com Wed, 07 Oct 2020 13:25:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://onvenezuela.com/wp-content/uploads/2020/01/cropped-Screen-Shot-2019-12-20-at-12.31.03-PM-1-32x32.png Bondholder – Summaries of news and views OnVenezuela https://onvenezuela.com 32 32 U.S. again extends protection for Citgo from PDVSA creditors https://onvenezuela.com/u-s-again-extends-protection-for-citgo-from-pdvsa-creditors/?utm_source=rss&utm_medium=rss&utm_campaign=u-s-again-extends-protection-for-citgo-from-pdvsa-creditors Wed, 07 Oct 2020 13:25:49 +0000 https://onvenezuela.com/?p=5953

Tuesday’s measure prohibits bondholders from seeking to attach Citgo shares through Jan. 19, 2021 the day before the U.S. presidential inauguration. President Donald Trump, a Republican who has taken a hard line against Maduro, is facing Democratic challenger Joe Biden in a Nov. 3 vote. By Luc Cohen. Full Text -> Reuters

]]> Bondholder Loses Round In $132M Venezuelan Debt Fight https://onvenezuela.com/bondholder-loses-round-in-132m-venezuelan-debt-fight/?utm_source=rss&utm_medium=rss&utm_campaign=bondholder-loses-round-in-132m-venezuelan-debt-fight Fri, 14 Feb 2020 05:22:06 +0000 https://onvenezuela.com/?p=1339

 A New York federal judge on Tuesday denied a bid to order Venezuela’s state-owned oil company to pay $132 million it owed a bondholder after defaulting on bonds, saying U.S. sanctions make it legally impossible for the company to pay the bondholders. Full text -> Law360

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