3rd Circuit Asks Venezuela, Creditors To Address If Attachment Order Is Final

(December 12, 2023, 2:39 PM EST) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals consolidated 11 appeals filed by the Bolivarian Republic of Venezuela and its state-owned oil company Petróleos de Venezuela S.A. (PDVSA) challenging writs of attachment granted to arbitral award-creditors and bondholders seeking to enforce judgments collectively worth billions and asked the parties to address whether the order is final and appealable....