US District Court Denies Red Tree’s Motion to Intervene in Sale Procedure of Venezuelan PDVH Shares

By Diego Luis Alonso Massa, 26 January 2023

On 11 January 2023, the United States District Court for the District of Delaware denied Red Tree Investments (“Red Tree”) LLC’s motion to intervene and be named a Sale Process Party in the proceedings initiated by Crystallex International Corporation (“Crystallex”) to enforce an Award of more than one billion dollars against the Bolivarian Republic...