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Girard Street Investment Holdings LLC v. Petroleos de Venezuela, S.A. et al
Case Number:
1:23-cv-10772
Court:
Nature of Suit:
Judge:
Firms
- Alston & Bird
- Debevoise & Plimpton
- Eimer Stahl
- Meister Seelig & Fein
- Skadden Arps
- Steptoe LLP
- Vinson & Elkins
Companies
Sectors & Industries:
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November 20, 2025
Hedge Fund Can Register $1.4B PDVSA Judgment In Delaware
Affiliates of hedge fund Gramercy won permission Thursday to register New York judgments totaling more than $1.4 billion against Venezuela's state-owned oil company in Delaware, where a long-awaited auction of Venezuela's most significant seizable asset to satisfy creditors owed some $20 billion is drawing to a close.
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June 26, 2025
Hedge Fund's 'End Run' On Citgo Auction Rejected In NY
A New York federal judge on Wednesday explained his reasoning for shutting down litigation last month filed by affiliates of hedge fund Gramercy seeking to collect nearly $1 billion owed by Venezuela's state-owned oil company, criticizing the affiliates for their "lack of diligence."