Pharo Gaia Fund, Ltd. et al v. The Bolivarian Republic of Venezuela

  1. December 08, 2023

    Venezuela Says Immediate Appeal Needed In Citgo Cases

    Venezuela is pressing a federal judge to allow it to immediately appeal his ruling putting seven creditors closer to taking part in an auction of Citgo's indirect parent company next year, arguing that the legality of one of the largest forced sales in Delaware history is on the line.

  2. November 01, 2023

    Seven Creditors Move Closer To Participating In Citgo Sale

    A group of seven creditors of Venezuela won a ruling on Wednesday that puts them closer to taking part in an auction next year of shares in Citgo's indirect parent company, a sales process that's expected to satisfy billions of dollars' worth of Venezuelan debt.

  3. August 04, 2023

    Bondholders Seek Citgo Seizure Order In Delaware

    The holders of nearly $1.7 billion in defaulted Venezuelan bonds urged a Delaware federal court to award them an attachment order over shares in Citgo's parent company, saying the country's state-owned oil company continues to be Venezuela's alter ego following a recent Third Circuit ruling.