NEW YORK, 5th February 2020 – Ben Bartenstein, Bloomberg analyst covering Venezuela published a note rising concerns over the prescription clause or status of limitation …
Red Tree dodges additional stay
NEW YORK, 21st January 2020 – Red Tree investments, the holder of USD 182 million defaulted loans issued by PDVSA is advancing with its summary …
OFAC. New sanctions, license, and protection on CITGO
Washington D.C. 20th January 2020 – The U.S. sanctioned Luis Parra and other lawmakers, who settled with Maduro’s regime a coup against Juan Guaido and …
Maduro to control National Assembly whatever it takes
CARACAS, 13th January 2020 – Venezuela security forces blocked on Sunday opposition lawmakers and their leader Juan Guaido to enter the Nation Assembly and celebrate …
Court of Delaware stays Crystallex and other cases against Venezuela until Supreme Court decision
Delaware, 13th December 2019 – Judge Leonard Stark ordered a stay on cases against Venezuela affecting Crystallex, ConocoPhillips, Saint-Gobain, and OI Europe until the conclusion …
National Assembly after Crystallex and Rusoro Maduro’s settlements agreements
CARACAS, 11th December – The National Assembly lead by Juan Guaido issued an official agreement declaring the absolute nullity and consequent non-existence of any transaction …
U.S. Treasury Closes Loopholes in Venezuela Sanctions
D.C, 10th December 2019 – U.S. Treasury Department provided further information regarding licenses and sanctions from OFAC affecting Venezuelan assets in U.S. soil. The guidance …
New filling in NY Courts Targets Venezuela’s Defaulted Bonds
NEW YORK, 3rd December 2019 – Contrarian Capital Management LLC filed last 29th November again against Venezuela. The distressed investment firm also behind Red Tree …
ConocoPhillips demand its share on CITGO
Delaware, 26th November 2019 – The U.S. oil company filed on Tuesday a motion in a Delaware court seeking to collect its 1.4 billion arbitration …
U.S. Court rejects Venezuela’s petition for a rehearing of the Crystallex case
Philadelphia, 22nd November 2019 – A ruling by 13 judges of the U.S. 3rd Circuit Court of Appeals in Philadelphia upheld the decision allowing Canadian …