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PDVSA US Litigation Trust, et al v. Lukoil Pan Americas LLC, et al
Case Number:
22-10675
Court:
Nature of Suit:
Companies
Sectors & Industries:
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March 13, 2023
11th Circ. Won't Revive Venezuela Oil Co.'s Bribery Suit
The Eleventh Circuit declined Monday to revive a Venezuelan state-owned oil company's bribery suit against an energy trading firm and remand it to see if the U.S. would recognize the legitimacy of its board of directors, appointed by Venezuelan President Nicolás Maduro, ruling "federal courts are not empowered to decide what is consistent with American foreign-policy interests."
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March 02, 2023
Venezuela Oil Co. Asks 11th Circ. To Revive Bribery Suit
Venezuela's state-owned oil company asked the Eleventh Circuit to revive a bribery suit against an energy trading firm and several oil companies, arguing that the case should be remanded for the lower court to ask the U.S. Department of State for its position on the case.