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Caribbean-Latin America
U.S. judge authorizes seizure of Venezuela's Citgo
2018-08-11
[HotAir excerpt of WSJ - behind paywall, for now] A U.S. federal judge authorized the seizure of Citgo Petroleum Corp. to satisfy a Venezuelan government debt, a ruling that could set off a scramble among Venezuela's many unpaid creditors to wrest control of its only obviously seizable U.S. asset.

Judge Leonard P. Stark of the U.S. District Court in Wilmington, Del., issued the ruling Thursday. However, his full opinion, which could include conditions or impose further legal hurdles, was sealed. A redacted version is expected to be available at a later date.
Posted by:Frank G

#4  Hub Students Demand Removal of Racist Sign!

Posted by: Albemarle Greretch1425   2018-08-11 22:19  

#3  This is why Socialism is not allowed to work! The MAN keeps the PEOPLE from other people's money!
[/sarc]
Posted by: AlmostAnonymous5839   2018-08-11 21:58  

#2  But-but, Stop! They could seize the... property... of US businesses... in Ven--- Oh, Okay, they have already done that. Full Speed Ahead!
Posted by: magpie   2018-08-11 18:52  

#1  Venezuela is conflicted now.
Posted by: gorb   2018-08-11 16:49  

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