Robertb Pincus News Today

Caracas warned that the OFAC license violates Venezuelan and international law and that no country’s assets are safe on US territory.

Caracas warned that the OFAC license violates Venezuelan and international law and that no country’s assets are safe on US territory.

The US-based subsidiary has been affected by sanctions and endangered by opposition actions.

The US-based subsidiary has been affected by sanctions and endangered by opposition actions.

The extended process leaves the door open for out-of-court settlements with creditors.

The Maduro government said the ruling violates international law and seeks to “consummate the delivery of Venezuelan assets to foreign powers.”

ADVERTISEMENT Retiring Del. Chancellor Makes TransPerfect Pay $3.2M In Fees Law360 (May 3, 2021, 4:12 PM EDT) -- Comparing his effort to cleaning up a mess made by "pizza thrown at a wall," Delawares seemingly exasperated outgoing chancellor ordered TransPerfect Global Inc. and its co-founder to pay $3.2 million in fees to a court-appointed custodian who spent years mired in legal fights over the companys sale. Retiring Delaware Chancellor Andre G. Bouchard, in one of his last acts before step...

ADVERTISEMENT ADVERTISEMENT Federal Judge Wont Jump Into TransPerfect Fee Fight Law360 (April 13, 2021, 4:25 PM EDT) -- A Delaware federal judge has declined to inject himself into a quarrel over fees charged by a retired Skadden partner to TransPerfect Global Inc. as part of a sprawling dispute over the companys ownership, determining that he lacks jurisdiction.  Chancellor Andre G. Bouchard of Delawares Court of Chancery in January had lifted restrictions on the ability of TransPerfect and ...