Venezuela Wins Motion To Access Bid Agreement Ahead Of Oil Shares Auction

( November 21, 2024, 1:22 PM EST) -- WILMINGTON, Del. — The judge overseeing the planned auction of the Bolivarian Republic of Venezuela’s oil shares in Delaware federal court to satisfy several confirmed arbitral awards and civil judgments collectively worth more than $24 billion on Nov. 20 granted a motion by Venezuela to view a share purchase agreement with a proposed buyer, finding that allowing access may “ease . . . this sprawling, complex litigation.”...