Washington D.C. 3th March 2020 – Last week the Venezuela interim government led by Juan Guaido finally made a certiorari petition to the US Supreme Court …
PDVSA asks NY court to deny D-R final judgment
New York. 24th February 2020 – After securing a motion for Summary Judgment, Dresser-Rand requested permission to enter in a final judgment against PDVSA over …
Venezuela’ Bondholders seek an edge before restructuring
Holders of Venezuela bonds are seeking to get a judgment before restructuring and possible activation of the collective-action clause. Bondholders litigating Venezuela bonds in the …
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 …
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 …
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 …
MUFG & Glass Americas reply to Venezuela with a defense of the PDVSA 2020 bonds legality
NEW YORK, 8th November 2019 – MUFG and Glass Americas, as the trustee and collateral agent of the PDVSA 2020 bonds, filed a response to PDVSA’s board …
Owens-Illinois wins ruling allowing it to seek attachment of Venezuelan assets in the US
Delaware, 4th November 2019 – Judge Amy Berman from the District Court of Columbia ruled in favor of Owens-Illinois, granting the company judicial approval to register …