August 10, 2018 / 12:39 AM / 4 months ago

U.S. court allows Crystallex to attach shares of Venezuela Citgo owner

Aug 9 (Reuters) - The United States district court in Delaware has approved a request by Canadian gold miner Crystallex to attach shares in a U.S. subsidiary of Venezuelan state oil company PDVSA that indirectly controls refiner Citgo, according to a filing on Thursday.

Crystallex is seeking to collect a $1.4 billion award in compensation following a decade-long dispute over Venezuela’s 2008 nationalization of Crystallex gold mining operation in the South American country.

Reporting by Brian Ellsworth

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below