Netherlands Entity Asks Judge To Require Venezuela To Post Security

(April 19, 2018, 10:27 AM EDT) -- WASHINGTON, D.C. — A Netherlands company on April 9 moved a District of Columbia federal court for an order modifying the stay of its petition to confirm a $491,081,701 arbitral award pending annulment proceedings, requesting that the court require the Bolivarian Republic of Venezuela to post a bond to continue the stay (OI European Group B.V. v. Bolivarian Republic of Venezuela, No. 1:16-cv-01533, D. D.C.)....