Venezuela's Oil Co. Slips Contempt, Attys Dinged In Bribe Suit

Law360, Miami (June 5, 2018, 9:58 PM EDT) -- A Florida federal judge ruled Tuesday that an energy trader and one of its employees had not proved allegations of misconduct by Venezuela's state-owned oil company, PDVSA, in a bribery case it brought against them, but admonished its attorneys over an apparent lack of candor.

Miami-based energy trading and advisory firm Helsinge Inc. — which stands in the middle of Petróleos de Venezuela SA's sprawling case — and co-defendant John Ryan asked U.S. District Judge Darrin P. Gayles to find PDVSA in contempt for allegedly hatching an elaborate plot to get around the court's previous denials of its request to seize...

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