Paul Hastings Earned Victory for Petroleos De Venezuela in New York Court of Appeals
February 21, 2024
February 21, 2024
LOS ANGELES, California, Feb. 21 -- Paul Hastings, a law firm, issued the following news:
Paul Hastings LLP earned a victory in the New York Court of Appeals on behalf of Petroleos de Venezuela (PDVSA), Venezuela's national oil company, when the court ruled that Venezuelan law rather than New York state law governs the validity of bonds issued by PDVSA.
In Petroleos de Venezuela S.A. v. MUFG Union Bank, N.A, PDVSA sued in federal court to nullify the bonds, which had be . . .
Paul Hastings LLP earned a victory in the New York Court of Appeals on behalf of Petroleos de Venezuela (PDVSA), Venezuela's national oil company, when the court ruled that Venezuelan law rather than New York state law governs the validity of bonds issued by PDVSA.
In Petroleos de Venezuela S.A. v. MUFG Union Bank, N.A, PDVSA sued in federal court to nullify the bonds, which had be . . .