https://www.law.com/litigationdaily/2024/07/12/litigators-of-the-week-a-reset-in-the-fight-over-nearly-2b-in-bonds-issued-by-venezuelas-national-oil-company/
Q&A
After the New York high court previously ruled that Venezuelan law governs the validity of bonds issued under the Maduro regime, the Second Circuit this week vacated a judgment against Petróleos de Venezuela S.A., a win for affiliated clients represented by Igor Timofeyev of Paul Hastings and Michael Gottlieb of Willkie Farr & Gallagher.
July 12, 2024 at 07:30 AM
12 minute read
There are the proverbial bet-the-company cases.
But what happens when the company is one of the “crown jewels” of a country’s national oil industry.
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