Publish in Legal Briefs - Thursday, November 7, 2019
U.S. refiner Citgo, a unit of Venezuela's PDVSA, is now the center of a legal dispute between its creditors and allies of opposition leader Juan Guaidó. Here, the Citgo refinery in Lake Charles, Louisiana. (Photo: Citgo)
US law firms advise allies of Venezuela opposition leader and creditors.
BY LATINVEX STAFF
The bond, backed by shares in U.S. refiner Citgo Petroleum Corp, went into default after a October 28 deadline passed without the cash-strapped company making a $913 million payment. Citgo is majority-owned by PDVSA.
Keywords: Capital Markets, Citgo, Cleary Gottlieb, Energy, Litigation, Paul Hastings, PDVSA, Venezuela, Willkie Farr