Venezuela To Appeal Order Allowing Enforcement By Award-Creditors

Mealey's ( March 30, 2023, 1:59 PM EDT) -- WILMINGTON, Del. — The Bolivarian Republic of Venezuela and its state-owned oil company Petróleos de Venezuela S.A. (PDVSA) say in a joint status report filed in Delaware federal court that they will appeal a judge’s ruling permitting several judgment-creditors petitioning to enforce arbitral awards in their favor to attach the assets of PDVSA as Venezuela’s alter ego....