Refugee Seeks Revival Of $1B Suit Against Venezuela

Law360, Miami (January 13, 2015, 9:24 PM EST) -- A Venezuelan businessman now living in Florida urged the Eleventh Circuit on Tuesday to reverse a lower court's dismissal of his $1 billion lawsuit against the Venezuelan government for alleged violations of international law for expropriating his assets, including a bank, newspaper and television station.

A district court dismissed Nelson J. Mezerhane's 2011 suit under the Foreign Sovereign Immunities Act, saying U.S. courts lack jurisdiction over a foreign government's taking of property in its own territory not owned by a national of another country.

Mezerhane claims, however, that with his refugee status, Venezuela has breached several international treaties, including the American...

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