NGO INRAV is working on convincing Congress to create a fund and freeze the Venezuelan resources obtained through corruption and...
CITGO
A process to establish the sale of shares of Venezuela's state-controlled US refiner Citgo will move forward after a federal...
-Venezuela's state-owned oil company blasted two ConocoPhillips subsidiaries for trying to get Citgo shares as compensation for a $2 billion...
Crystallex is pressing a Delaware federal judge to keep its efforts to sell Citgo's parent company to satisfy a $1....
U. S. military shipbuilder Huntington Ingalls asked the Fifth Circuit to let it seize Citgo parent company shares, amid Venezuela's challenge of a confirmed $138 million arbitral award over a soured missile-armed ship refurbishment contract from 1997. Huntington Ingalls Inc. won the award in 2018 and successfully confirmed it in a Mississippi federal court, but Venezuela claims the arbitration happened in the wrong venue so it asked the appellate court to reverse the award confirmation. The shipbuilder's Friday brief requested the court to allow it access to shares of PDV Holding Inc. , which is the indirect parent company of Citgo Petroleum Corp. Full Text-> Law360
Two ConocoPhillips subsidiaries looking to enforce a $2 billion arbitral award against Venezuela are saying U. S. sanctions don't preclude...
Delaware District Judge Leonard Stark -almost- made Canadian miner Crystallex’s wishes come through. Stark complied with a request the company made...
A U.S. judge on Friday ruled that Venezuelan state oil company Petroleos de Venezuela’s 2020 bonds are “valid and enforceable,”...
Tuesday’s measure prohibits bondholders from seeking to attach Citgo shares through Jan. 19, 2021 the day before the U.S. presidential...
Palacios, who joined the company in February, 2019, when it named a board of directors independent of Venezuelan state oil...
