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Red Tree Investments, LLC v. Petroleos de Venezuela, S.A. et al
Case Number:
1:22-mc-00069
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.
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March 15, 2022
PDVSA Says Del. Suit Over $246M Debt Must Be Nixed
PDVSA continued Monday to fight efforts by a creditor owed $246 million to move ahead with litigation in Delaware to enforce the debt, despite a ruling this month from the same judge allowing several cases filed by other creditors of the country to proceed.
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March 03, 2022
PDVSA Says Creditor's Targeting Of Citgo Shares Is Illegal
Venezuela's state-owned oil company is urging a Delaware federal court to toss the lawsuit of a creditor owed $246 million, saying that firm's request for a lien on shares in Citgo's parent company is forbidden due to U.S. sanctions on Venezuela.