Legal Opinion

Valores Mundiales, S.L. v. Bolivarian Republic of Venezuela

District Court, District of Columbia

Decided May 15, 2023No. Civil Action No. 2019-0046Published

1Opinion of the Court

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA ) VALORES MUNIDALES, S.L. and ) CONSORCIO ANDINO, S.L. ) ) Plaintiffs, ) ) Case No. 1:19-cv-00046-ACR-RMM v. ) ) BOLIVARIAN REPUBLIC OF VENEZUELA ) ) Defendant. ) ) MEMORANDUM OPINION Plaintiffs Valores Mundiales and Consorcio Andino (together, Valores) brought this action to recognize and enforce an arbitral award issued against the Bolivarian Republic of Venezuela under the International Convention on the Settlement of Investment Disputes between States and Nationals of Other States. Dkt. 1 (Complaint) ¶ 1. The Court referred the…

2Cases cited15 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
  3. Kremer v. Chemical Construction Corp.Supreme Court of the United States · 1982
  4. Pennzoil Co. v. Texaco Inc.Supreme Court of the United States · 1987
  5. Grannis v. OrdeanSupreme Court of the United States · 1914

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