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Red Tree Investments, LLC v. Petroleos de Venezuela, S.A. et al
Case Number:
1:22-mc-00068
Court:
Nature of Suit:
Judge:
Firms
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May 04, 2022
Venezuela Gets OK For Quick Appeal In Citgo Sale Fight
A federal judge in Delaware on Wednesday allowed Venezuela to immediately appeal his decision not to wait for an official signoff from the Biden administration to continue organizing sales procedures for shares in Citgo's parent company, saying the country has raised "novel issues" that must be resolved.
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April 28, 2022
Venezuelan Creditor Moves Closer To Enforcing $246M Debt
A creditor owed some $246 million by Venezuela's state-owned oil company came closer to collecting the debt on Thursday after a judge in Delaware signaled his willingness to grant an attachment order over shares in Citgo's parent company, which is indirectly held by the debt-ridden country.