Venezuela

A federal judge <strong><a href="http://www.courthousenews.com/wp-content/uploads/2019/05/Venezuela.pdf" target="_blank" rel="noreferrer noopener" aria-label="confirmed an arbitration award (opens in a new tab)">confirmed an arbitration award</a></strong> of $400 million to OI European Group, whose glass factories were expropriated by Venezuelan President Hugo Chavez in 2010, because Venezuelan opposition leader Juan Guaidó, whom the court calls “the legitimate representative of Venezuela,” did not contest it.

WASHINGTON — A federal judge confirmed an arbitration award of $400 million to OI European Group, whose glass factories were expropriated by Venezuelan President Hugo Chavez in 2010, because Venezuelan opposition leader Juan Guaidó, whom the court calls “the legitimate representative of Venezuela,” did not contest it.

Categories / Business, Government, International, Politics

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.