Titoli di Stato paesi-emergenti VENEZUELA e Petroleos de Venezuela - Cap. 2 (2 lettori)

Jsvmax79

Forumer storico
US judje Stark grants 4 companies right to seize shares of Citgo Petroleum to collect debts owed by Ven after proving Pdvsa was “alter ego” of Ven govt. Debts related to expropriation. Firms are O-1 Glass ,Huntington Ingalls, Acki ind and Can Rusoro Mining. Joining Christallex
 

Jsvmax79

Forumer storico
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Jsvmax79

Forumer storico
Ven govt and Pdvsa suspend unilaterally all statutes of limitation and prescription clauses applicable to Ven bonds and enforcement actions whether NY law , Ven law or otherwise. Tolling and suspension will expire on day the earliest which US govt lifts sanctions or 12/31/28

Both issuers express interest to comply with obligations once external economic and political conditions permit without illegal restrictions and to move forward on restructuring of their debt. I am studying the legal ramifications of Maduro statement and will give opinion later
 

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