February 08, 2018
The Third Circuit recently declined to reconsider its ruling that Canadian mining company Crystallex cannot sue the Delaware subsidiary of Venezuela's national oil company to collect a $1.39 billion arbitral award over a canceled mining contract, denying the miner's rehearing bid.
January 03, 2018
The Third Circuit concluded Wednesday that a Delaware subsidiary of Venezuela's national oil company could not be sued by Canadian gold producer Crystallex International Corp. for allegedly orchestrating fraudulent transfers so Venezuela could avoid paying a $1.39 billion arbitration award.
June 16, 2017
A subsidiary of Venezuela's state-owned oil company urged the Third Circuit on Thursday to cut it from Canadian mining company Crystallex's suit accusing the oil company of orchestrating transfers to dodge a $1.39 billion arbitration award, saying the transferred property is immune because it belongs to a foreign country.