Venezuela Opposes Mining Company’s Request To Attach Assets Under The FSIA

Mealey's (April 10, 2018, 1:06 PM EDT) -- WASHINGTON, D.C. — The Republic of Venezuela on April 5 responded to a mining company’s request for an order allowing it to attach Venezuela’s assets in the United States to satisfy a judgment confirming a $966.5 million arbitral award, arguing that not enough time has elapsed pursuant to the Foreign Sovereign Immunities Act (FSIA) and that it has no substantial assets in other districts (Rusoro Mining Limited v. Bolivarian Republic of Venezuela, No. 16-cv-02020, D. D.C.)....