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A US federal judge has delayed the deadline for bidding on shares in Citgo Petroleum, a former subsidiary of Venezuela’s state-owned oil business, by almost two weeks. According to a court ...
An Elliott Investment Management affiliate is considering rejoining the bidding for Citgo Petroleum Corp.’s parent company, according to people familiar with the matter.
A U.S. court officer has selected miner Gold Reserve's $7.38 billion bid as the preliminary winner of an auction of shares in the parent of Venezuela-owned Citgo Petroleum, following heavy ...
Lawsuits by three firms seeking to improve their chances of obtaining proceeds in an auction of shares in Citgo Petroleum's parent can go ahead, a U.S. judge ruled in an order issued on Monday.
This article seeks to provide an overview of the key considerations for trustees when deciding whether to exercise their power of appointment, along with practical steps to ensure compliance with ...
Special situations investor Contrarian Capital Management has emerged as the leading bidder for Venezuela’s oil refiner Citgo Petroleum as a lengthy court-ordered auction enters its next chapter.
Arbitration is often viewed as a faster, more cost-effective alternative to litigation, but is it the right choice for every dispute? Should you ...
Pop-ups offer unique advantages — generating hype and letting brands test new markets — but they also come with important legal and business considerations.
The coming auction for Venezuela’s Citgo Petroleum could leave its buyer on the hook to other creditors of the South American country, a stumbling block for the court-ordered sale.
Recent policy shifts have placed gender-affirming care at the center of a legal and political battle that has profound implications for healthcare providers, patients, and institutions. A newly ...
As legal and policy developments continue to evolve, hospitals and health care professionals that provide gender-affirming care face new uncertainties regarding federal funding, compliance, and ...
Experts recommend that small businesses get their paperwork in order if they need a quick loan or merger to survive a recession.