Tag Archives: Commodity Contracts

$1.2B order entered against Petroleos de Venezuela: Q&As for PDVSA and Citgo commodity commercial and trading counterparties

By DLA Piper on October 15, 2018 Posted in Venezuela

By: Robert J. Gruendel, Mark A. Waite, Deanna R. Reitman The United States District Court for the District of Delaware has issued an order and supporting lengthy opinion allowing a judgment creditor holding a $1.2 billion judgment against the Bolivarian Republic of Venezuela to attach common stock owned by Petróleos de Venezuela, S.A. (PDVSA), the national … Continue Reading