The CITGO auction data should be made public, according to the parties from Venezuela—PDV Holding Inc. (PDVH) and CITGO Petroleum Corporation—which argue that information should only be kept sealed when there is a compelling justification… CITGO Auction Under Fire for Lack of Transparency as Venezuelan Stakeholders Demand Public Disclosure
The CITGO auction process is full of various situations, including a court motion requesting an investigation into the alleged irregularities committed by the Ad Hoc Board of PDVSA. This action was presented by the victims… Ex-Employees Demand Suspension of CITGO Auction Amid Government and PDVSA Board Corruption Allegations
The back-and-forth regarding the CITGO auction continues as Black Lion Capital Advisors responds to objections raised by Gold Reserve and Red Tree/Albemarle, deeming them improper. The objections focus on the valuation and the bidding process… Black Lion Capital Accuses Judicial Impropriety in CITGO Auction Disqualification
The judicial expert for the CITGO auction, Robert B. Pincus, opposed the emergency request made to the Delaware Court by Red Tree regarding the delivery of legal and expert documents from CITGO and PDVH. Pincus… CITGO Auction: Judicial Expert Disputes Red Tree’s Emergency Request as Court Enforces Necessary Corrections
The CITGO auction continuously makes headlines, particularly with the detailed evaluation of Black Lion Capital‘s offer to acquire 100% of the shares of CITGO owned by PDV Holding (PDVH), highlighted by Albemarle Capital, which warns… Albemarle Capital Accuses Black Lion of Undervaluing CITGO Amid Controversial Auction
A judicial resolution from the National Court of Spain reveals the presence of ETA and FARC in Venezuela, acting as a training ground and coordinating space for terrorist activities. An indictment dated March 7, 2011,… Judicial Document Exposes Coordination Between ETA and FARC in Venezuela for Terrorist Training and Operations
The CITGO auction has turned the Delaware Court into a bustling hub where, day by day, the court clerk is inundated with motions, requests, and various claims. Recently, these have included requests to suspend the… CITGO Auction Crisis Unfolds in Delaware Court Amid Allegations of Judicial Misconduct and Workers’ Rights Violations
The CITGO auction process continues to spark controversy, not just due to the complicated nature of the sale but also the political implications and the performance of its key figures, including Robert B. Pincus, the… CITGO Auction Clouded by Robert B. Pincus’s Overbilling, Lack of Transparency, and Conflicts of Interest
Meanwhile, the CITGO Auction seems to be reaching its peak moment in the Delaware Court, as Girard Street Investment Holdings LLC sues the U.S. Department of the Treasury and the Department of State in the… Girard Street Investment Holdings Accuses U.S. Agencies of Transparency Violations in CITGO Auction Case
The CITGO auction, a valuable energy asset of Venezuela on U.S. soil, has sparked significant concern regarding the sovereignty of the nation. Beyond political allegations, who are the real culprits behind the impending transfer of… CITGO Auction Exposes the Perilous Legacy of Venezuelan Leadership and Shared Accountability
In the CITGO auction process, the Venezuelan Parties, namely PDVH, CITGO, PDVSA, and the Bolivarian Republic of Venezuela, objected to the final recommendation made by judicial expert Robert Pincus on July 2, 2025, which they… Venezuelan Parties Demand Rejection of “Grossly Inadequate” CITGO Auction Recommendation Amid Serious Allegations of Process Flaws and Bias
While Nicolás Maduro’s regime promotes the narrative that “sanctions are lifting,” the United States is responding with precision, not broad strokes. The recent General License No. 40D, issued by the Office of Foreign Assets Control… US Appears to Ease Sanctions While Maintaining Grip on Venezuela’s Regime Through General License 40D
The forced sale of CITGO Petroleum Corporation, the crown jewel of PDVSA abroad, has turned into a high-stakes chess game among creditors, political operatives, U.S. regulators, and investment funds. With over $19 billion in judgments… CITGO on the Brink: The Auction That Could Reshape Venezuela’s Financial Landscape
The auction of PDV Holding Inc., the parent company of Citgo Petroleum Corporation, has become one of the most complex and sensitive legal processes linked to Venezuela’s economic collapse and its external debt. Citgo, a… Citgo Auction Exposes Legal Quagmire as Gold Reserve Emerges with Controversial Bid
The CITGO auction will conclude on August 18, 2025. In a sweltering summer, Venezuelans will lose the nation’s most significant asset overseas. The crown jewel of the Venezuelan state abroad has been auctioned off. CITGO… Venezuela’s Disastrous Mismanagement Leads to the Auction of CITGO, the Nation’s Most Valuable Asset in the United States