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Crystallex International Corporation v. Bolivarian Republic of Venezuela
Case Number:
1:17-mc-00205
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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August 25, 2017
Crystallex Gets OK To Seize Venezuela's BNY Mellon Assets
A New York federal judge has allowed Crystallex to go after Venezuela's funds in a Bank of New York Mellon account, as part of the Canadian gold miner's efforts to prevent Venezuela from dispersing assets that could be used to satisfy a confirmed, $1.2 billion arbitral award.
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July 17, 2017
Crystallex Moves Closer To Collecting $1.2B Venezuela Award
Crystallex International Corp. has obtained a restraining notice from a New York federal court against subsidiaries of the Chinese financial firm Haitong International Securities Group Ltd., part of the Canadian miner's efforts to prevent Venezuela from dispersing assets that could be used to satisfy a confirmed $1.2 billion arbitral award against it.