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GOLD RESERVE INC. v. BOLIVARIAN REPUBLIC OF VENEZUELA

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Case overview

Case Number:

1:14-cv-02014

Court:

District Of Columbia

Nature of Suit:

Arbitration

Judge:

James E. Boasberg

Firms

Companies

Sectors & Industries:

  1. March 01, 2016

    Gold Reserve, Venezuela Mull $740M Mining Row Settlement

    Canadian mining company Gold Reserve Inc. has entered into an agreement with Venezuela that contemplates the settlement of a $740 million arbitration award ordered against the country in a dispute over canceled mining permits and paves the way for future cooperation, the company announced Monday.

  2. February 24, 2016

    Gold Reserve Agrees To Stall Registration Of $740M Award

    A Canadian mining company trying to collect a $740 million arbitration award from the Venezuelan government will postpone its efforts to register a D.C. court's affirmation of the award in other jurisdictions for a month, according to the court's approval on Wednesday of an agreement between the parties.

  3. February 17, 2016

    Gold Co. Blasts Venezuela 'Silence' On $765M Payment Intent

    Gold Reserve Inc., the Canadian investor granted a huge award by an arbitration panel over the expropriation of its mining rights by Venezuela's government, told a D.C. federal court Tuesday that it should be allowed to enforce the $765 million judgement in federal courts across the U.S. while the country appeals.

  4. February 16, 2016

    No Need For Bond During Gold Reserve Appeal: Venezuela

    Venezuela has told a D.C. federal court that there's no good reason why it should have to post a bond while it appeals the court's judgment enforcing a $740 million arbitration award for allegedly expropriating a Canadian mining company's investment.

  5. February 08, 2016

    Venezuela Can't Avoid Bond Over $740M Award, Miner Says

    A mining company seeking to enforce a $740 million arbitration award against Venezuela urged a District of Columbia federal judge on Friday not to let the country pause enforcement without posting a bond, saying Venezuela's big budget is no guarantee of payment given the country's perilous finances. 

  6. February 04, 2016

    Gold Reserve Can't Register Judgment Outside DC, Court Told

    The government of Venezuela hit back against a Canadian mining company's efforts to register a D.C. court's affirmation of a $740 million arbitration award in other jurisdictions, saying Wednesday that the company has failed to establish where the country's assets are located.

  7. January 22, 2016

    Mining Co. Digs In To Get Venezuela To Pay $740M Award

    Canadian mining company Gold Reserve Inc. is pressing its fight to collect a $740 million arbitration award from Venezuela on multiple fronts, including the United Kingdom, Washington, D.C., and Paris, the company said Thursday.

  8. January 20, 2016

    Gold Reserve Seeks Assurances In $740M Mining Row

    Gold Reserve Inc. asked for permission Wednesday to register in other federal courts a D.C. federal judge's order affirming a $740 million arbitration award against Venezuela in a mining rights dispute, the same day the judge affirmed that sufficient time had passed for the company to start collecting its money.

  9. January 06, 2016

    Miner Says No Excuse For Venezuela's Delay On $740M Award

    Canadian mining company Gold Reserve Inc. shot back against Venezuela in District of Columbia federal court Tuesday, saying the past cases the country cited to justify its delay in paying a $740 million arbitration award for pulling its gold and copper mining permits offered "no valid basis" to halt collection efforts.

  10. December 17, 2015

    Venezuela Will Appeal Upholding Of $740M Arbitration Award

    Venezuela told a D.C. federal court Wednesday that it will appeal the court's upholding in November of a $740 million arbitration award the country was ordered to pay to mining company Gold Reserve Inc.

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