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US court proposes restart of Citgo auction process
The auction process, which has been ongoing for a year, is being overhauled due to disarray, according to a court adviser.
With Citgo share auction in shambles, US court readies plan to start over
An auction of shares in a Citgo Petroleum (PDVSAC.UL) parent to pay claims against Venezuela needs to be overhauled, a court ...
Venezuela Creditors Plan to Compete With Elliott Over Citgo
At least two Venezuela creditors are planning to submit bids for US-based refiner Citgo Petroleum Corp.’s parent in a ...
Soaring legal fees in snarled Citgo auction rankle companies
Court advisers have billed nearly $30 million for a stalled auction of shares in a parent of Venezuela-owned oil refiner ...
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Delaware Court to Revamp Auction, Seek New Bids for Venezuela’s CITGO
Crystallex, Red Tree and Gold Reserve have expressed interest in presenting alternatives to Elliott Management’s ...
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U.S. Court Could Reopen Bidding for Oil Refiner Citgo After Failed Deal
The court-ordered auction of Citgo's parent company, PDV Holding, will restart after creditors rejected the initial winning ...
Citgo auction faces overhaul after year-long sale process collapses
The auction for shares in Citgo Petroleum, a US subsidiary of Venezuela’s state oil company PDVSA, faces significant ...
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US court proposes restart of Citgo auction process
The US District Court in Delaware is set to restart the auction of shares in Citgo Petroleum's parent company, PDV Holding, reported Reuters. With the move, the court aims to address $21.3bn in ...
U.S. News & World Report3d
With Citgo Share Auction in Shambles, US Court Readies Plan to Start Over
HOUSTON (Reuters) - An auction of shares in a Citgo Petroleum parent to pay claims against Venezuela needs to be overhauled, a court adviser recommended on Tuesday, conceding a year-long sale ...