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PDVSA, US Co. Locked In Post-Trial Fight Over $150M Debt

By Victoria McKenzie ( November 8, 2021, 9:25 PM EST) -- U.S. manufacturer Dresser-Rand and Venezuela's state-owned oil company have both submitted post-trial briefs and replies following a September bench trial over a defaulted $150 million promissory note, leaving the court to decide whether U.S. sanctions made it impossible for Petróleos de Venezuela SA to pay its debt. ...

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