Contrarian Unit's $3.7B Bid For Citgo Faces Opposition

By Caroline Simson · March 24, 2025, 10:15 PM EDT

The special master overseeing the sale of Citgo's parent company to satisfy billions of dollars of Venezuelan debt is recommending a federal judge proceed with a floor-setting bid of $3.699 billion...

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Documents

Case Information

Case Title

Crystallex International Corporation v. Bolivarian Republic of Venezuela

Case Number

1:17-mc-00151

Court

Delaware

Nature of Suit

Other Statutory Actions

Date Filed

June 19, 2017