We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Venezuela Hit With Default In Saint-Gobain's $42M Award Row

Law360 (June 12, 2019, 6:48 PM EDT) -- Saint-Gobain Performance Plastics Europe persuaded a Delaware federal court to hold Venezuela in default Wednesday after the country failed to respond to the French company’s suit seeking to enforce a more than $42 million award over the seizure of its fracking supply plant.

The court clerk entered a default against Venezuela and state-owned oil company Petróleos De Venezuela SA in light of their silence in the French plastics company’s litigation aimed at registering and enforcing a 2017 arbitral award.

The award stemmed from Venezuela’s expropriation of Saint-Gobain subsidiary NorPro Venezuela CA’s plant, which was designed to make ceramic proppants, or beads...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents



Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only



Nature of Suit

Commerce ICC Rates, Etc.


Subscribers Only

Date Filed

December 12, 2018

Law Firms