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A U.S. court of appeals on Friday rejected Venezuela's bid to prevent six companies from joining a proposed court auction of shares in a Citgo Petroleum parent to enforce judgments for past expropriation of assets.
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.
Rusoro Mining Ltd. is pleased to announce that, subject to regulatory approval, it has granted incentive stock options to certain directors, officers and consultants of the Company to acquire an aggregate of 8,550,000 common shares in the capital of... - Veroeffentlicht am 06.07.2023
Writing to Magistrate Judge Moxila Upadhyaya, Herring lawyer Charles L. Babcock notes she represented Venezuela in a case involving its 2018 presidential vote, widely condemned as a sham election.
Shares of Rusoro Mining Ltd. (CVE:RML – Get Rating) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.14, with a volume of 251650 shares changing hands. The stock had previously closed at C$0.14. Rusoro Mining Stock Performance The stock’s fifty day […]