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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: PDVSA affiliate fails to knock out Crystallex fraud suit

A Delaware court has held that one of two subsidiaries of Venezuela’s national oil and gas company PDVSA must face claims that it assisted in the fraudulent transfer of US$2.8 billion of assets to help the Latin American state evade its ICSID creditors. http://globalarbitrationreview.com/article/1068988/pdvsa-affiliate-fails-to-knock-out-crystallex-fraud-suit

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