Trust suing oil traders invalid under Venezuelan law, ambassador tells appeals court
By Robert Thomason ( May 14, 2020, 19:17 GMT | Insight) -- A lawsuit alleging oil traders such as Vitol, Glencore and Trafigura participated in bid rigging based on bribery from Venezuelan officials shouldn't be allowed to go forward because the trust bringing the suit was declared null and void by the country's National Assembly, a Venezuelan diplomat told a US appeals court.A lawsuit alleging that oil traders such as Vitol, Glencore and Trafigura participated in bid rigging based on bribery of Venezuelan officials should not be allowed to go forward because the trust bringing the suit was declared null and void by the country's National Assembly, a Venezuelan diplomat told a US appeals court....
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