Gold Producer To High Court: No Reason To Review Enforcement Of $1.2B Award

Mealey's (April 22, 2020, 1:56 PM EDT) -- WASHINGTON, D.C. — A Canadian gold producer argues in an April 13 brief in opposition to a petition for a writ of certiorari filed by the Bolivarian Republic of Venezuela and its state-owned oil company Petróleos de Venezuela S.A (PDVSA) that the U.S. Supreme Court should deny review of a Third Circuit U.S. Court of Appeals ruling allowing attachment of PDVSA’s shares to enforce a $1.2 billion arbitral award against Venezuela (Bolivarian Republic of Venezuela and Petróleos de Venezuela, S.A., v. Crystallex International Corporation, No. 19-1049, U.S. Sup.)....