U.S. Court of Appeals for the Third Circuit
Crystallex Int'l Corp. v. Bolivarian Republic De Venezuela (In Re De Venezuela)
This writing
- Type
- Opinion
- Filed
- July 29, 2019
- Case
- Crystallex Int'l Corp. v. Bolivarian Republic De Venezuela (In Re De Venezuela)
- Case status
- Decided
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Opening text
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AMBRO, Circuit Judge Crystallex International Corp., a Canadian gold mining company, invested hundreds of millions of dollars to develop gold deposits in the Bolivarian Republic of Venezuela. In 2011, Venezuela expropriated those deposits and transferred them to its state-owned oil company, Petróleos de Venezuela, S.A. ("PDVSA"). To seek redress, Crystallex invoked a bilateral investment treaty between Canada and…
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