Phillips Petroleum Company Venezuela Limited and ConocoPhillips Petrozuata B.V. v. Petroleos de Venezuela, S.A. et al., No. 1:21-mc-00046-LPS (D. Del. Mar. 2, 2022), D.I. 42, 43

Ed. Note: if you’re new to TURBOFAC, please take note that the text string filtration function generally shouldn’t be used for terms such as “ordinarily resident,” “causing” or “new debt”. For research on the meaning of words and phrases such as those, i.e. terms central to the key legal issues in sanctions law that appear on a cross-programmatic basis, you’re typically better off locating and checking the appropriate box in the “Key Legal Issues” search category, which will limit the results to those that have been manually assessed as being relevant for the interpretation of the terms at issue.

Try typing your search term (“ordinarily resident,” “new debt,” or something else) in the “Find a Search Filter” box at the top of the page, and the corresponding “Key Legal Issues” check box will pop up instantly, if one exists. Once you check the box (e.g. “new debt,” with ~55 results), you can always use the text string filtration function to further refine your search (e.g. by typing “invoice” and narrowing the ~55 results to ~10).

Note in addition that the same applies to text string searches such as “14071” (if you’re looking for items related to EO 14071). By typing “14071” in the “Find a Search Filter” field up top, you will be able to instantly narrow the results down to items manually assessed as relating to EO 14071. Ditto terms such as “515.204” or “Iran General License G” (try the “Discrete Legal Provision” search category). Please contact [email protected] or [email protected] with any questions on search results and efficiency.

Please click "Apply Text String Filters" again after clicking the "Close" button immediately below.

TURBOFAC Commentary (503 words)

Notes:

1) Refer to comment 2(b) in Consolidated Comment on Crystallex International Corporation v. Bolivarian Republic of Venezuela (D. Del, 2017 - ), and Selected Documents Associated with the Litigation.

Pending or decided before the same judge of the District Court for the District of Delaware that decided the Crystallex case are multiple motions for writs of attachment of PDVH shares that are were after PDVSA became a blocked person (meaning that the shares are subject to the blocking prohibition prior to the issuance of a writ, unlike the Crystallex situation). The Delaware District Court, and more specifically the same judge that presides in the Crystallex case, ultimately issued multiple “conditional” writs of attachment. This was the first of the lot. See also Red Tree Investments, LLC v. Petroleos de Venezuela, S.A. (1:22-mc-00068) District Court, D. Delaware (Dkt. Apr 28,...

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Phillips Petroleum Company Venezuela Limited and ConocoPhillips Petrozuata B.V. v. Petroleos de Venezuela, S.A. et al., No. 1:21-mc-00046-LPS (D. Del. Mar. 2, 2022), D.I. 42, 43

TURBOFAC Commentary (503 words)