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MOBIL CERRO NEGRO, LTD. et al v. BOLIVARIAN REPUBLIC OF VENEZUELA
Case Number:
1:23-cv-03506
Court:
Nature of Suit:
Judge:
Firms
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October 29, 2025
Venezuela Appealing $1B Arbitration Loss To DC Circ.
The Venezuelan government is appealing a D.C. federal judge's enforcement of a nearly $1 billion arbitral award against it after international arbitrators ruled that it had unlawfully expropriated Exxon's investment in an oil project.
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September 29, 2025
Venezuela Must Pay $1B ExxonMobil Award, Judge Rules
A D.C. federal judge enforced a $1 billion arbitral award against Venezuela in a dispute with three Exxon Mobil affiliates, saying the interim government's argument that the tribunal wrongly allowed the illegitimate government of president Nicolás Maduro to argue the case is foreclosed under D.C. Circuit precedent.
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May 28, 2025
Venezuela Can't Relitigate Representation Issue, Court Told
Three Exxon Mobil Corp. affiliates on Tuesday pressed a D.C. federal court to reject Venezuela's argument that it was denied an opportunity to challenge a nearly $1 billion arbitral award that's before the court for enforcement, saying this defense was already rejected by the D.C. Circuit.
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May 13, 2025
Venezuela Says $1B ExxonMobil Award Can't Be Enforced
Venezuela on Monday pressed a D.C. federal court not to issue a default ruling enforcing a nearly $1 billion arbitral award to three Exxon Mobil Corp. affiliates, arguing that its failure to appear was "not willful" and that the court has good reason not to enforce.