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CRYSTALLEX INTERNATIONAL CORPORATION -Plaintiff-, v. BOLIVARIAN REPUBLIC OF VENEZUELA -Defendant.
Citar: elDial.com - CC550B
Copyright 2024 - elDial.com - editorial albrematica - Tucumán 1440 (1050) - Ciudad Autónoma de Buenos Aires - Argentina
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CRYSTALLEX
INTERNATIONAL CORPORATION -Plaintiff-, v. BOLIVARIAN REPUBLIC OF
VENEZUELA
-Defendant.
A Canadian gold mining company won
the right to go after Venezuela's prized U.S.-based oil refineries and
collect
$1.4 billion it lost in a decade-old take-over by teh defendant.
Chief Judge Leonard P.
Stark of the U.S. Federal District Court in Delaware made the ruling in
favor
of Crystallex The judge's ruling is unique, because government assets,
like
PDVSA, are normally protected from lawsuits against a sovereign nation.
But the
judge found that Crystallex can attach Citgo's parent because Venezuela
has
erased the lines between the government and its oil firm, now run by a
military
general.
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Citar: elDial.com - CC550B
Copyright 2024 - elDial.com - editorial albrematica - Tucumán 1440 (1050) - Ciudad Autónoma de Buenos Aires - Argentina
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