Maduro Says Only His Attys Rep Venezuela In Award Row
Law360 (April 4, 2019, 9:01 PM EDT) -- Venezuelan President Nicolás Maduro on Thursday urged a D.C. federal court to reconsider whether to sign off on a deal with a Dutch glassmaker over a $382 million arbitral award, continuing a power struggle in several U.S. courtrooms between Maduro and opposition leader Juan Guaidó.
U.S. District Judge Amy Berman Jackson had struck a proposed stipulated judgment between Venezuela and OI European Group BV on Tuesday. Under the deal, Venezuela had agreed to pay the award that had been issued by an international tribunal to the Owens-Illinois Inc. subsidiary after its two glass production plants in the country were seized....
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