Venezuela Oil Co. Says It Never Waived Sanctions Defense

By Caroline Simson (January 27, 2021, 7:47 PM EST) -- A subsidiary of Venezuela's state-owned oil company is urging the Second Circuit not to find it liable for $150 million owed to engineering company Dresser-Rand under a defaulted bond, saying a lower court mistakenly refused to consider that U.S. sanctions make it impossible to repay the debt....

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