February 14, 2019
The D.C. Circuit has sanctioned Venezuela and refused to overturn an order confirming a $1.2 billion arbitration award issued to Canadian gold mining company Crystallex International Corp. after the country violated a treaty by nationalizing a mine that the company had invested in.
January 23, 2019
The D.C. Circuit shouldn't end Venezuela's appeal of a $1.2 billion arbitration award to Canadian gold miner Crystallex International Corp., the country said in a response to an order from the court, which asked why the two parties' settlement agreement hadn't been disclosed to the judges.
January 10, 2019
The D.C. Circuit on Thursday canceled arguments scheduled for next week in Venezuela's appeal challenging confirmation of a $1.2 billion arbitral award to Crystallex International Corp., while ordering the country to explain why the appeal shouldn't be tossed entirely.
June 12, 2018
The D.C. Circuit said Tuesday that Foley Hoag LLP could withdraw as counsel for Venezuela in its appeal of a district court's confirmation of bankrupt miner Crystallex International Corp.'s $1.2 billion arbitral award, instructing the beleaguered country to secure new representation by July 16.
October 30, 2017
Venezuela pushed again Friday with its request that the D.C. Circuit reverse a district court decision confirming a $1.2 billion arbitral award issued to a Canadian gold mining company over a canceled contract, saying the corporation has given the judges no reason to uphold the incorrectly calculated award.
September 25, 2017
Canadian mining company Crystallex fought to keep a $1.2 billion arbitral award owed by the government of Venezuela stemming from an investment treaty dispute in the D.C. Circuit on Friday, saying that a district court judge properly confirmed the award earlier this year.
August 03, 2017
Venezuela urged the D.C. Circuit on Wednesday to nix a district court decision confirming a $1.2 billion arbitral award issued to a Canadian mining company over a canceled mine operating contract, saying the lower court wrongly failed to address whether the tribunal miscalculated the damages.