3rd Circ. Ruling Can't Doom Venezuela Case, Oil Giant Says

Law360 (February 21, 2018, 5:50 PM EST) -- ConocoPhillips Co. and subsidiaries of Venezuela's national oil company clashed on Tuesday over the effect of a recent Third Circuit ruling preventing the Delaware subsidiary of Venezuela's national oil company from being sued to collect a $1.39 billion arbitral award, with the parties at odds over whether the decision means their dispute over the country’s seizure of oil project assets must be dismissed or simply restarted. 

In a joint letter to Delaware U.S. District Judge Leonard P. Stark, the parties offered radically different assessments of the impact...
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