PDVSA US LITIGATION TRUST v. LUKOIL PAN AMERICAS

No. 19-10950.

991 F.3d 1187 (2021)

PDVSA US LITIGATION TRUST, Plaintiff-Appellant, v. LUKOIL PAN AMERICAS, LLC, Lukoil Petroleum, Ltd., Colonial Oil Industries, Inc., Colonial Group, Inc., Glencore, Ltd., et al., Defendants-Appellees.

United States Court of Appeals, Eleventh Circuit.

March 18, 2021.


Attorney(s) appearing for the Case

David Boies , Attorney, Helen M. Maher , Boies Schiller & Flexner, LLP, Armonk, NY, David A. Barrett , Alexander Boies , Ellen Brockman , Nicholas A. Gravante , Marilyn Kunstler , Boies Schiller & Flexner, LLP, New York, NY, George F. Carpinello , Teresa A. Monroe , Adam Shaw , Boles Schiller & Flexner LLP, Albany, NY, Steven W. Davis , Stephen Neal Zack , Boies Schiller & Flexner, LLP, Miami, FL, Stacey Grigsby , Boies Schiller & Flexner, LLP, Washington, DC, for Plaintiff Appellant.

Jorge D. Guttman , Jonathan H. Kaskel , Palm Beach County Attorney's Office, West Palm Beach, FL, Adam Hudes , Stephen M. Medlock , Mark W. Ryan , Mayer Brown, LLP, Washington, DC, Michael Patrick Lennon, Jr. , Mayer Brown, LLP, Houston, TX, Edward M. Mullins , Reed Smith, LLP, Miami, FL, for Defendant-Appellee Lukoil Pan Americas, LLC.

David Michael Burkoff , Allan Charles Galls , Hunter Maclean Exley & Dunn, PC, Savannah, GA, Clifton Richard Gruhn , Benjamin Reid , Carlton Fields, PA, Miami, FL, Edward M. Mullins , Reed Smith, LLP, Miami, FL, for Defendants-Appellees Colonial Oil Industries, Inc., Colonial Group, Inc.

Bruce Birenboim , Jessica S. Carey , Brad S. Karp , Paul Weiss Rifkind Wharton & Garrison, LLP, New York, NY, Robert C. Josefsberg , Stephen F. Rosenthal , Podhurst Orseck, PA, Miami, FL, Edward M. Mullins , Reed Smith, LLP, Miami, FL, for Defendants-Appellees Glencore, Ltd., Glencore Energy UK Ltd., Gustavo Gabaldon, Luis Alvarez, Sergio De La Vega.

David Michael Burkoff , Allan Charles Galls , Hunter Maclean Exley & Dunn, PC, Savannah, GA, for Defendant-Appellee Paul Rosado.

Christopher N. Bellows , Brian Andrew Briz , Israel Jovanny Encinosa , Alex Mario Gonzalez , Holland & Knight, LLP, Miami, FL, for Defendants-Appellees Helsinge, Inc., Helsinge Ltd., Saint-Helier, Helsinge Holdings, LLC, Daniel Lutz, Luis Liendo, Maria Fernanda Rodriguez.

Mark J. MacDougall , Lide E. Paterno , Thomas P. McLish , Stacey H. Mitchell , Akin Gump Strauss Hauer & Feld, LLP, Washington, DC, for Defendants-Appellees Leonardo Baquero, Francisco Morillo.

Neal Stuart Manne , Alexander L. Kaplan , Michael C. Kelso , Weston Lee O'Black , Susman Godfrey, LLP, Houston, TX, Freddy Funes , Gerald Edward Greenberg , Adam Michael Schachter , Gelber Schachter & Greenberg, PA, Miami, FL, Michael Gervais , Susman Godfrey, LLP, New York, NY, for Defendants-Appellees Vitol, Inc., Vitol Energy (Bermuda) Ltd., Antonio Maarraoui.

William A. Burck , Quinn Emanuel Urquhart & Sullivan, LLP, Washington, DC, Edward M. Mullins , Christina Olivos , Reed Smith, LLP, Miami, FL, for Defendants-Appellees Trafigura Trading LLC, Jose Larocca.

Etan Mark , Lara O'Donnell Grillo , Mark Migdal & Hayden, Miami, FL, for Defendant-Appellee John Ryan.

Alice K. Sum , U.S. Securities & Exchange Commission, Miami, FL, Luis Sergio Konski , Fowler White Burnett, PA, Miami, FL, for Defendant-Appellee BAC Florida Bank.

Spencer H. Silverglate , Clarke Silverglate, PA, Miami, FL, Stephen H. Lee , Porter Hedges, LLP, Houston, TX, for Defendant-Appellee Maximiliano Poveda.

William A. Burck , Ethan Glass , Stephen Nauss , Quinn Emanuel Urquhart & Sullivan, LLP, Washington, DC, Maria Christina Cardenas , Astigarraga Davis, Miami, FL, Jessica S. Carey , Paul Weiss Rifkind Wharton & Garrison, LLP, New York, NY, Mikayla Kiersten Espinosa , Gerald Edward Greenberg , Adam Michael Schachter , Gelber Schachter & Greenberg, PA, Miami, FL, Michael Gervais , Susman Godfrey, LLP, New York, NY, Alexander L. Kaplan , Michael C. Kelso , Neal Stuart Manne , Weston Lee O'Black , Susman Godfrey, LLP, Houston, TX, Christina Olivos , Reed Smith, LLP, Adam B. Wolfson , Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, Jennifer G. Altman , Pillsbury Winthrop Shaw Pittman, LLP, for Miami, FL, George Thomas Breur , Welbaum Guernsey, Coral Gables, FL, Brian Andrew Briz , Rebecca Jo Canamero , Israel Jovanny Encinosa , Alex Mario Gonzalez , David Kully , Dayme Sanchez , Holland & Knight, LLP, Miami, FL, Mikayla Kiersten Espinosa , Gelber Schachter & Greenberg, PA, Miami, FL, Jason E. Gangwer , Akin Gump Strauss Hauer & Feld, LLP, Washington, DC, Lara O'Donnell Grillo , Mark Migdal & Hayden, Miami, FL, Donald John Hayden , Mark Migdal & Hayden, Miami, FL, Stephen H. Lee , Porter Hedges, LLP, Houston, TX, Mark J. MacDougall , Thomas P. McLish , Stacey H. Mitchell , Catherine A. O'Connor , Kimberly A. Pathman , Akin Gump Strauss Hauer & Feld, LLP, Washington, DC, Etan Mark , Mark Migdal & Hayden, Miami, FL, Andres Rivero , Rivero Mestre, LLP, Miami, FL, Spencer H. Silverglate , Clarke Silverglate, PA, Miami, FL, Alice K. Sum , U.S. Securities & Exchange Commission, Miami, FL, for Service Bank of America Corporation.

Before JORDAN, TJOFLAT, and ANDERSON, Circuit Judges.


This lawsuit involves an alleged multi-billion-dollar conspiracy to defraud Petróleos de Venezuela, S.A., the Venezuelan state-owned oil company known as PDVSA. The scheme purportedly involved computer hacking and payment of bribes by numerous corporations and individuals to obtain PDVSA's proprietary oil trading information...

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