Black Lion Capital Advisors emphatically stated that neither Juan Guaidó, leading the interim government, nor Carlos Jordá, CEO of the refinery, nor Horacio Medina, president of the Ad Hoc Administrative Board of PDVSA, acted diligently… Albemarle Capital accuses Guaidó, Jordá, and Medina of negligence in preventing CITGO auction
The CITGO auction process is becoming increasingly complicated due to the ongoing battle between PDVSA and PDVH against the holders of PDVSA 2020 Bonds, whom they accuse of distorting their rights and manipulating decisions in… CITGO Auction Faces Turmoil as PDVSA Accuses 2020 Bondholders of Distorting Rights for Personal Gain
The CITGO auction process continues, with various parties involved taking actions to meet their interests. One of the parties, ConocoPhillips and its subsidiary companies, has voluntarily dismissed the lawsuit that had been filed against those… ConocoPhillips Withdraws Lawsuit Against PDVSA Creditors Amid CITGO Auction Process