Credit: Shutterstock UK Supreme Court Reaches Judgment On $2bn Venezuelan Gold Case
The verdict is a boost to Venezuela's opposition leader, and a blow to President Maduro's bid to access the resource.
December 20, 2021 at 06:27 AM
4 minute read
The U.K. Supreme Court has found in favour of Venezuelan opposition leader Juan Guaidó, in his legal battle with the country's embattled President Nicolás Maduro as part of the long-awaited verdict on who has control of nearly $2 billion of gold held with the Bank of England.
Delivering the court's verdict this morning, Lord Lloyd-Jones said that the justices were in agreement that U.K. courts are "bound to accept the statements of Her Majesty's Government which establish Mr. Guaido is recognised as the constitutional interim President of Venezuela."
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
HSF Defends Bayer on Roundup Class Action as Litigation Comes to an End in Australia
2 minute read
Norton Rose Sues South Africa Government Over 'Unreasonable' Ethnicity Score System
3 minute read
Birkenstocks: Footwear or Fine Art? German Law Firm SKW Schwarz Steps Up in Court
Freshfields and Quinn Emanuel Face Off in Latest JP Morgan-WeRealize Dispute
2 minute readLaw Firms Mentioned
Trending Stories
- 1AI's Place in Big Law Broadens, As Firms Embrace Fresh Uses of the Technology
- 2Critical Mass With Law.com’s Amanda Bronstad: First Lawsuits Over Los Angeles Wildfires Name Edison, J&J Talc Trial in Los Angeles Delayed As Fires Rage
- 3Five Key Predictions on How AI Will Reshape Law Firms in 2025
- 4Congress Should Reconsider the Laken Riley Act
- 5Manhattan DA Says Trump's Ongoing State and Federal Appeals Are Now Moot
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
