Venezuela Oil Co. PDVSA To Appeal $2.86B Bond Ruling

By Joyce Hanson · October 20, 2025, 7:33 PM EDT

Venezuela's state-owned oil company plans to appeal a New York federal judge's recent decision ordering it to pay $2.86 billion to bondholders, after the judge ruled last month that defaulted Venezuelan...

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Case Information

Case Title

Petroleos De Venezuela S.A. et al v. MUFG Union Bank, N.A. et al

Case Number

1:19-cv-10023

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

October 29, 2019