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CITGO Auction Halted Amid Controversial Validation of PDVSA 2020 Bonds in Delaware Court

CITGO Auction Under Threat as OFAC Blocks PDVSA 2020 Bondholders from Interference Amid Allegations of Corruption and Mismanagement

The anticipation surrounding the CITGO auction remains high due to recent developments. On one hand, the Venezuelan parties have filed a motion to disqualify the judicial expert, Robert B. Pincus; on the other, Gold Reserve… CITGO Auction Under Threat as OFAC Blocks PDVSA 2020 Bondholders from Interference Amid Allegations of Corruption and Mismanagement

Venezuela's Escalating Legal Troubles Highlight Failure in Debt Management

Venezuela Faces Escalating Legal Challenges as US Subsidiary of Occidental Petroleum Unveils Corporate Ties in Ongoing Dispute

As we’ve mentioned in various articles, Venezuela continues to face an increasing number of lawsuits and payment orders. One such case involves Venezuela US SRL, which is in a dispute with the republic over unpaid… Venezuela Faces Escalating Legal Challenges as US Subsidiary of Occidental Petroleum Unveils Corporate Ties in Ongoing Dispute