Judge Pauses $3B Bond Enforcement Amid Citgo Auction

By Caroline Simson ( November 17, 2025, 9:45 PM EST) -- A New York federal judge has paused enforcement of nearly $3 billion in defaulted Venezuelan-issued bonds until a winning bidder for the country's most important seizable asset — the parent company of the oil giant Citgo — is chosen in parallel proceedings in Delaware....

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