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VESTEY GROUP LIMITED v. BOLIVARIAN REPUBLIC OF VENEZUELA
Case Number:
1:18-cv-01456
Court:
Nature of Suit:
Judge:
Firms
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January 19, 2021
British Food Co. Settles With Venezuela For Over $104M
British food products company Vestey Group Ltd. has reached a more than $104.6 million settlement with the Republic of Venezuela, after the country failed to honor a $98.1 million award over its seizure of a Vestey cattle ranching operation.
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November 06, 2020
Venezuela, British Food Co. Might Settle Award Suit For $101M
A D.C. federal judge granted Venezuela a fourth extension on Friday to postpone a lawsuit by British food products company Vestey Group Ltd. regarding a $98.1 million arbitration award, because a potential $101.6 million settlement is in the works.
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June 21, 2018
Venezuela Must Pay $101.6M Award, Food Products Co. Says
Vestey Group Ltd. enlisted the help of a D.C. federal court to enforce a $101.6 million award against Venezuela that was issued after the cash-strapped South American nation wrested control of the British food products company's nearly 100-year-old cattle ranching operation in the country.