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Northrop Grumman v. Ministry of Defense, et al

  1. April 06, 2018

    Shipbuilder To Open Frozen Venezuelan Account To Crystallex

    Huntington Ingalls Industries Inc. asked a Mississippi federal court to lift an injunction on transfers from a Bank of New York Mellon Corp. account previously designated for the shipbuilder to secure payment from the Venezuelan Ministry of Defense, saying it reached an agreement with mining company Crystallex International Corp. that will give it access to the funds.

  2. October 17, 2017

    Venezuela Says Mining Co. Can't Claim $1.4B In BNY Funds

    Venezuela's Ministry of Defense told a New York federal judge Friday that Canadian mining company Crystallex can't satisfy a $1.4 billion award the government owes it by seizing funds held in a Bank of New York Mellon account, arguing that the money belongs entirely to another company.

  3. September 18, 2017

    Huntington Tells Crystallex To Lay Off Venezuelan Assets

    Huntington Ingalls Inc. on Friday ripped Crystallex International’s efforts to tie down Venezuelan assets held in a New York trust account in an effort to satisfy a $1.2 billion award, telling a Mississippi federal court that the Canadian mining company needs to get its hands away from the pot as the money doesn’t belong to it.

  4. October 26, 2016

    Final Award Stalled In Shipbuilder's Venezuelan ICC Fight

    An International Chamber of Commerce arbitral tribunal has for the fourth time this year put off deciding a final award in a yearslong contract dispute between a Mississippi shipbuilder and the government of Venezuela, according to a Wednesday status report filed in federal court.

  5. January 13, 2016

    ICC Delays Decision On Miss. Shipbuilder's Tiff With Venezuela

    An arbitral tribunal in the International Chamber of Commerce has once again postponed making a final decision on a Mississippi shipbuilder's long-running contract dispute with the Venezuelan government, according to a status report filed with a Mississippi federal court on Monday.