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
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
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