federal judge – Summaries of news and views OnVenezuela https://onvenezuela.com Sat, 20 Aug 2022 15:48:04 +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 federal judge – Summaries of news and views OnVenezuela https://onvenezuela.com 32 32 ConocoPhillips Gets $8.5B Venezuela Award OK’d In DC https://onvenezuela.com/conocophillips-gets-8-5b-venezuela-award-okd-in-dc/?utm_source=rss&utm_medium=rss&utm_campaign=conocophillips-gets-8-5b-venezuela-award-okd-in-dc Mon, 22 Aug 2022 05:40:00 +0000 https://onvenezuela.com/?p=15699

ConocoPhillips won approval on Friday to enforce an $8. 5 billion arbitral award against Venezuela despite the country ignoring the litigation for more than two years, after a federal judge in Washington, D. C. , ruled that Caracas’ chances of success in an ongoing annulment proceeding are minimal. Turning first to the fact that the country had opted not to enter an appearance in the case, U. S. District Judge Carl J. Nichols concluded that Venezuela did not have a good reason for ignoring the litigation. By Caroline Simson. Full Text -> Law360

Traducción de cortesía -> ConocoPhillips obtuvo la aprobación el viernes para hacer cumplir un laudo arbitral de 8.500 millones de dólares contra Venezuela a pesar de que el país ignoró el litigio durante más de dos años, luego de que un juez federal en Washington, D.C. dictaminara que las posibilidades de éxito de Caracas en un procedimiento de anulación en curso son mínimas. Volviendo primero al hecho de que el país había optado por no comparecer en el caso, el juez federal de distrito Carl J. Nichols concluyó que Venezuela no tenía una buena razón para ignorar el litigio.

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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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