Another ICSID creditor eyes PDVSA assets
Owen-Illinois claims to be the world's largest bottle manufacturer (Credit: istock.com/Yuri)
A Dutch subsidiary of US bottlemaker Owen-Illinois has become the latest of Venezuela’s arbitral creditors to target the US assets of the state’s national oil and gas company PDVSA, in a bid to collect on a US$500 million ICSID award.
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