Legal Opinion
Crystallex Int'l Corp. v. Bolivarian Republic De Venezuela (In Re De Venezuela)
Court of Appeals for the Third Circuit
Decided July 29, 2019No. 18-2797 & 18-3124; 18-2889PublishedCited by 27 opinions
1Opinion of the Court
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 Venezuela to file for arbitration before the International Centre for Settlement of Investment Disputes. The arbitration took place in Washington, D.C., and Crystallex won; the…
2Cases cited48 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Grogan v. GarnerSupreme Court of the United States · 1991
- First Options of Chicago, Inc. v. KaplanSupreme Court of the United States · 1995
- Natalia Makarova v. United StatesCourt of Appeals for the Second Circuit · 2000
- Republic of Argentina v. Weltover, Inc.Supreme Court of the United States · 1992
43 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Nader Aldossari v. Joseph RippCourt of Appeals for the Third Circuit · 2022
- Gater Assets Ltd. v. AO MoldovagazCourt of Appeals for the Second Circuit · 2021
- Peterson v. Bank MarkaziCourt of Appeals for the Second Circuit · 2024
- TIG Insurance Company v. Republic of ArgentinaCourt of Appeals for the D.C. Circuit · 2020
- OI European Group BV v. Bolivarian Republic of VenezuelaCourt of Appeals for the Third Circuit · 2023
22 more not listed; retrieve them via the Exa API.