Proskauer - Minding Your Business (JD Supra Venezuela)
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Venezuela Mines for a Reversal in Federal Appeals Court
Venezuela is taking its fight over a $1.4 billion arbitral award to the District of Columbia’s federal court of appeals. The award capped a bitter dispute between Venezuela and Crystallex International Corporation, a Canadian mining company. The fight began in 2002, when Crystallex acquired the rights to develop the Las Cristinas gold deposits in Venezuela. Despite the mining company’s years-lo
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