U.S. appeals court upholds Venezuela creditors ability to sue
The decision allows the six to move ahead with their about $3 billion in combined claims against Venezuela state oil firm PDVSA in a Delaware federal court. "For the second time in five years, we conclude that PDVSA is the alter ego of Venezuela, and we will affirm the District Court's denial of sovereign immunity to PDVSA," the three judge panel ruled.
United States Daniel Wallis Gary Mcwilliams District Court Huntington Ingalls Industries Koch Minerals
Source: yahoo.com