CITGO Auction Escalates as Gold Reserve Seeks OFAC Clarification on GL-5 License While Judicial Expert Remains Silent and Bondholders Assert Their Rights Amid Sanctions
The CITGO auction continues to face complications, as Gold Reserve seeks clarification from OFAC regarding General License (GL) No. 5S for holders of PDVSA 2020 Bonds. Judicial expert Robert Pincus opts to refrain from giving… CITGO Auction Escalates as Gold Reserve Seeks OFAC Clarification on GL-5 License While Judicial Expert Remains Silent and Bondholders Assert Their Rights Amid Sanctions