Publication Date: 2022-03-15
Practice Area: Deals and Transactions
Industry: Energy | Federal Government
Court: U.S. District Court of Delaware
Judge: District Judge Stark
Attorneys: For plaintiff: Raymond J. DiCamillo, Jeffrey L. Moyer, Travis S. Hunter, Richards, Layton & Finger, P.A., Wilmington, DE; Robert L. Weigel, Jason W. Myatt, Rahim Moloo, Gibson, Dunn & Crutcher LLP, New York, NY Miguel A. Estrada, Lucas C. Townsend, Adam M. Smith, GIBSON, DUNN & CRUTCHER LLP, Washington, DC for plaintiff.
for defendant: Kenneth J. Nachbar, Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Michael J. Gottlieb, David J. L. Mortlock, Samuel G. Hall, Willkie Farr & Gallagher LLP, Washington, DC; Nathan P. Eimer, Lisa S. Meyer, Daniel D. Birk, Gregory M. Schweizer, Eimer Stahl LLP, Chicago, IL;. Samuel Taylor Hirzel, II, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Joseph D. Pizzurro, Julia B. Mosse, Kevin A. Meehan, Juan 0. Perla, Curtis, Mallet-Provost, Colt & Mosse LLP, New York, NY; A. Thompson Bayliss, Stephen C. Childs, Abrams & Bayliss LLP, Wilmington, DE; Donald B. Verrilli, Jr., Elaine J. Goldberg, Ginger D. Anders, Brendan B. Gants, Jacobus P. van der Ven, Munger, Tolles & Olson LLP, Washington, DC; George M. Garvey, Munger, Tolles & Olson LLP, Los Angeles, CA for the Venezuela parties.
Case Number: D69749
Initial steps of a sale process of shares blocked under U.S. sanctions could begin without first obtaining a transfer license from the Office of Foreign Assets Control, although the actual bidding process should not commence in the absence of clear regulatory guidance from OFAC.