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 …
PDVSA files lawsuit to declare the P20 notes “invalid, illegal, null and void”
NEW YORK, 30th October 2019 – PDVSA and PDV Holding filed a complaint against MUFG Union Bank (Trustee) and GLAS Americas (Collateral agent) seeking to declare …
Red Tree Requests a Status Conference on its Case Against PDVSA
NEW YORK, 21st October 2019 – Red Tree investments, the holder of USD 182 million defaulted loans issued by PDVSA, filed on 18th October 2019 …
World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation: document
CARACAS (Reuters), 2nd September 2019 – A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips (COP.N) as compensation …
ICC tribunal dismisses Conoco’s $1.5 billion claim against PDVSA
CARACAS (Reuters), 2nd August, 2019 – The International Chamber of Commerce’s arbitration tribunal has dismissed U.S. oil company ConocoPhillips’ $1.5 billion claim against Venezuelan state …