CRYSTALLEX INTERNATIONAL CORPORATION
v.
BOLIVARIAN REPUBLIC OF VENEZUELA.
Petroleos De Venezuela, S.A. (Intervenor in D.C.), Appellant.
In re: Petroleos De Venezuela, S.A., Petitioner.
United States Court of Appeals, Third Circuit.https://leagle.com/images/logo.png
E. Whitney Debevoise, II , Stephen K. Wirth , Samuel F. Callahn , Arnold & Porter Kaye Scholer LLP, 601 Massachusetts Avenue, N.W., Washington, DC 20001, Paul J. Fishman , Arnold & Porter Kaye Scholer LLP, One Gateway Center, Suite 1025, Newark, NJ 07102, Kent A. Yalowitz (Argued), Arnold & Porter Kaye Scholer LLP, 250 West 55th Street, New York, NY 10019, Counsel for Intervenor-Appellant Bolivarian Republic of Venezuela.
Amanda F. Davidoff (Argued), Sullivan & Cromwell LLP, 1700 New York Avenue, N.W., Suite 700, Washington, DC 20006, Sergio Galvis , Joseph E. Neuhaus , Andrew G. Ditderich , Sullivan & Cromwell LLP, 125 Broad Street, New York, NY 10004, Carl N. Kunz, III , Lewis H. Lazarus , Morris James LLP, 500 Delaware Avenue, Suite 1500, Wilmington, DE 19801, Counsel for Amicus Appellants Blackrock Financial Management Inc.; Contrarian Capital Management LLC.
Before: AMBRO, GREENAWAY, JR., and SCIRICA, Circuit Judges.
OPINION OF THE COURT
AMBRO, Circuit Judge.
Crystallex International Corp., a Canadian gold mining company, invested hundreds of millions of dollars to develop gold deposits in the Bolivarian Republic of Venezuela. In 2011, Venezuela expropriated those deposits and transferred them to its state-owned oil company, Petróleos de Venezuela...
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