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Contrarian Capital Management, L.L.C. et al v. Bolivarian Republic of Venezuela
Case Number:
1:22-mc-00131
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December 08, 2023
Venezuela Says Immediate Appeal Needed In Citgo Cases
Venezuela is pressing a federal judge to allow it to immediately appeal his ruling putting seven creditors closer to taking part in an auction of Citgo's indirect parent company next year, arguing that the legality of one of the largest forced sales in Delaware history is on the line.
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November 01, 2023
Seven Creditors Move Closer To Participating In Citgo Sale
A group of seven creditors of Venezuela won a ruling on Wednesday that puts them closer to taking part in an auction next year of shares in Citgo's indirect parent company, a sales process that's expected to satisfy billions of dollars' worth of Venezuelan debt.