Judge OKs 7 Creditors’ Bids To Enforce $3.5B In Judgments Against Venezuela

( November 2, 2023, 3:01 PM EDT) -- WILMINGTON, Del. — A Delaware federal judge on Nov. 1 granted motions for writs of attachment filed by seven groups of award-creditors and bondholders seeking to enforce judgments collectively worth roughly $3.5 billion against the Bolivarian Republic of Venezuela as part of a planned auction, after finding that Venezuela and its state-owned oil company Petróleos de Venezuela S.A. (PDVSA) are collaterally estopped from denying their alter-ego status....