Venezuela is facing an increasing number of lawsuits and payment rulings, with the latest being a decision from the U.S. District Court for the Southern District of New York favoring plaintiff João Dionisio De Sousa,… Venezuela Faces Growing Legal Challenges as New York Court Rules Against Government in Bank Liquidation Case
Immediate removal of the judicial expert in the CITGO auction, Robert B. Pincus, is essential, along with restarting the sale of the shares of PDV Holding Inc. This was reiterated by the parties from Venezuela… Venezuela Demands Immediate Removal of CITGO Auction Expert for Serious Conflicts of Interest and Calls for Restart of Sale Process
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
The Delaware District Court partially granted a motion filed by Gold Reserve and the Venezuela Parties, seeking to compel a statement from an ad hoc group of PDVSA 2020 Bondholders, which will be significant for… CITGO Auction Scandal: Court Forces 2020 PDVSA Bondholders to Justify Stance on Amber Energy’s Offer Amid Legal Maneuvering
Venezuela is facing an increasing number of lawsuits and payment judgments, causing courts to be overwhelmed with various legal actions. Among them is Joao Donisio De Sousa, who has requested the Southern District Court of… Venezuela Faces Increasing Legal Battles as Claims Against Sovereign Entities Continue to Pile Up
Like a bottomless barrel, Venezuela continues to rack up more lawsuits and payment judgments. In this case, a foreign arbitration award has been recognized by a District Court, granting Venezuela US SRL USD 137,832,778, which… Venezuela’s Escalating Legal Troubles Highlight Failure in Debt Management
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
Venezuela faces increasing lawsuits and payment rulings following the recent decision by the District Court of Columbia to recognize an arbitration award in favor of Venezuela US SRL, pertaining to unpaid investment dividends in Petroritupano… Venezuela Faces Growing Legal Consequences as Court Upholds $109 Million Arbitration Award Due to Dividend Defaults