ICC arbitration panel stays PDVSA case after Guaidó intervenes

An International Chamber of Commerce (ICC) tribunal has stayed a US$265 million case involving Venezuela’s national oil and gas company PDVSA – as the country’s self-declared acting president Juan Guaidó tells the International Centre for Settlement of Investment Disputes (ICSID) it should not accept any submissions by lawyers representing the government of Nicolás Maduro.

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