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2nd Circ. Overturns Enforcement Of $2B In Venezuelan Bonds

By Caroline Simson ( July 3, 2024, 1:40 PM EDT) -- The Second Circuit on Wednesday overturned the enforcement of nearly $2 billion in defaulted bonds issued by Venezuela's state-owned oil company, following a ruling from New York's highest court that Venezuelan law, not New York law, governs the validity of the bonds....

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