3rd Circ. Won't Rehear Crystallex $1.4B Venezuela Mine Suit

Law360 (February 8, 2018, 8:35 PM EST) -- The Third Circuit recently declined to reconsider its ruling that Canadian mining company Crystallex cannot sue the Delaware subsidiary of Venezuela's national oil company to collect a $1.39 billion arbitral award over a canceled mining contract, denying the miner’s rehearing bid.

A majority of the appeals court's judges determined Monday that Crystallex International Corp. should not be granted a panel or en banc rehearing, with Circuit Judge L. Felipe Restrepo the lone vote in favor of rehearing the Jan. 3 panel decision for Petróleos de Venezuela...
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Case Title

Crystallex International Corp v. Petroleos de Venezuela SA, et al


Case Number

16-4012

Court

Appellate - 3rd Circuit

Nature of Suit

3450 Interstate Commerce

Date Filed

November 3, 2016


Case Title

Crystallex International Corp v. Petroleos de Venezuela SA, et al


Case Number

17-1439

Court

Appellate - 3rd Circuit

Nature of Suit

3450 Interstate Commerce

Date Filed

February 28, 2017

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