This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

US judge stays forfeiture for PetroSaudi escrow account over liquidator request

( June 12, 2025, 22:31 GMT | Official Statement) -- MLex Summary: US District Judge Dale S. Fischer ordered a stay in the forfeiture effort seeking about $300 million, held in escrow by UK law firm Clyde & Co., that the US government says was diverted from Malaysian sovereign development fund 1MDB purportedly to be used in a Venezuelan oil venture. The liquidators of the Venezuelan oil venture filed the stay request.Docket entry follows below. See attached files....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login