Delaware Court organization
also: fake court, tribunal
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Related entities (most co-mentioned)
Citgoorganization · 6United Statescountry · 6Corelixorganization · 3Venezuelacountry · 3Juan Guaidóperson · 2PDVSAorganization · 1Jorge Rodriguezperson · 1Owens-Illinoisorganization · 1Air Canadaorganization · 1Corporate Coupbook · 1Koch Industriesorganization · 1Northrop Grummanorganization · 1Ricardo Hausmannperson · 1
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Mentions (7)
▶ 3:21
She just got kicked out of the space, too. When a court rules that one corporation, such as Corelix, can see shares belonging to another, such as Sitco, as a debt payment, the shares are not directly transferred company to company. Rather, …
▶ 3:55
to pay the claim. That's the normal process. Their auction, Rodriguez explained, in Sitko's case, this meant the court would oversee the fire sale of roughly $1.2 billion worth of assets, including gas stations, oil pipelines, oil terminals…
▶ 6:27
top legal representative in the eyes of the U.S. courts reverberated beyond this single case. A quick review of the website for this fake court reveals they are roughly a dozen cases against Venezuela pending before the tribunal at the time…
▶ 6:57
had granted additional corporate behemoths, including Koch Industries and Air Canada, favorable rulings against Venezuela's government. Taken together, these interests threatened to kill Sitco once and for all because they had already set t…
▶ 23:45
a perverted allegiance that ultimately placed his country's most valuable asset, Sitco Petroleum, in peril. A Delaware court confirmed this fact in March 2023 when it ruled that four additional foreign corporations could collect debts owed …
▶ 24:16
was nothing new. This time, the court explicitly cited the actions of Guaido's government that really didn't even exist for its basis. The court specifically asserted that Guaido's policy of treating Venezuelan sovereign debt as equal to de…
▶ 24:44
Economic wizzo Ricardo Haussmann himself proved that Sitco's assets were, in fact, indistinguishable from the state. Beneficiaries of this March 2023 ruling included U.S. defense contractor Northrop Drummond and Ohio-based glassmaker Owens …