UPDATE 1-Citgo parent auction nears final stages as sale hearing kicks off
Published on: Sept. 15, 2025, 10:06 p.m. | Source: Devdiscourse
The decision has unleashed objections and a motion to disqualify Amber's bid, which remains pending, amid a battle between companies seeking compensation for assets that were expropriated in Venezuela and holders of the nation's defaulted bonds. Miner Crystallex, ConocoPhillips and an affiliate of bondholder Contrarian Funds told the court on Monday they support Amber's bid, while Venezuela, Gold Reserve and junior creditors objected to it.
