PDVSA faces second lawsuit over asset transfer
Caracas, Venezuela - Credit: TonyOberstar (Credit: TonyOberstar)
US oil company ConocoPhillips has filed a lawsuit in Delaware accusing Venezuelan state entity PDVSA of seeking to fraudulently transfer its US assets abroad to escape the reach of arbitration creditors – following a similar suit by a Canadian investor.
To read more
Subscribe to Global Arbitration Review
Subscribe and start reading now
Global Arbitration Review (GAR) is the online home for international arbitration specialists, telling them everything they need to know about all the developments that matter.
Subscribe now