January 26, 2024

Citgo Petroleum Corporation v. Ascot Underwriting Limited, for and on behalf of Lloyd's Syndicate 1414

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Case overview

Case Number:

24-227

Court:

Appellate - 2nd Circuit

Nature of Suit:

 

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Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.


Coverage

  1. November 06, 2025

    Citgo Win May Put Focus On Geographical Policy Limits

    A Second Circuit ruling affirming a $54 million judgment for Citgo in a coverage dispute over oil cargo lost during political unrest in Venezuela was an unsurprising outcome, a maritime and insurance attorney told Law360, but it may spark carriers to reevaluate or emphasize certain policies' geographical limitations. Here, Jonathan Thames of Nicoll Black Altenbrun & Feig PLLC breaks down the case.

1 other articles on this case. View all »

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