Reported about 1 month ago
A U.S. federal court officer has requested a judge to block creditors from filing lawsuits that could impede the auction process for Citgo Petroleum's parent company, PDV Holding. These lawsuits, filed by three creditors, complicate the auction scheduled for this month as they seek to recover billions from defaulted Venezuelan bonds. The court officer warns that these actions threaten the sale's integrity, which has already been plagued by delays and competing claims.
Source: YAHOO