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USA—Crystallex given permission to seize assets in $US 1.2 billion ICSID arbitral award dispute (Crystallex v Venezuela)

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Published on: 28 August 2018
Published by a Law360 reporter

Table of contents

  • What did the court decide?

Article summary

Law360: A Delaware federal judge allowed Crystallex International Corporation to seize shares of Citgo Petroleum Corporation to begin the process of enforcing its $US 1.2 billion judgment against Venezuela following its success in an International Centre for Settlement of Investment Disputes (ICSID) arbitration, while staying an upcoming sale of those assets, at least for the moment.

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United Kingdom

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