Venezuelan Oil Company Looks To Pause $3B Bond Ruling

By Caroline Simson · October 27, 2025, 11:13 PM EDT

A subsidiary of Venezuela's state-owned oil company is urging a New York federal judge to pause her ruling enforcing nearly $3 billion in defaulted bonds during an appeal, saying enforcement could...

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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