Skadden, Arps, Slate, Meagher & Flom LLP (JD Supra Venezuela)

US Courts Will Decide Whether to Enforce US$2 Billion Award Against Petróleos de Venezuela - In April 2018, an International Chamber of Commerce (ICC) tribunal awarded US$2.04 billion in damages to two subsidiaries of U.S. company ConocoPhillips in their arbitration against Petróleos de Venezuela, S.A. (PDVSA), Venezuela’s national oil and gas company, and two of its subsidiaries....

NAFTA’s Future Looks Increasingly Uncertain - The United States, Mexico and Canada have now completed the fifth round of negotiations concerning the renegotiation of NAFTA, and the future of the treaty is looking increasingly uncertain.