Court hearing in Delaware for Citgo parent auction resumes-March 2024-www.financetom.com

Court hearing in Delaware for Citgo parent auction resumes

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Court hearing in Delaware for Citgo parent auction resumes

Sep 18, 2025 8:26 PM

HOUSTON, Sept 18 (Reuters) - A four-day court hearing in

Delaware to complete an auction of shares in the parent of

Venezuela-owned Citgo Petroleum resumed on Thursday after a

brief suspension to allow lawyers to review a decision in a

separate New York case confirming the validity of defaulted

Venezuelan bonds collateralized with Citgo equity.

The hearing is expected to finish on Thursday after more

than 30 hours of testimony and discussion, but it could be

extended into October, Judge Leonard Stark said this week.

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