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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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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.