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RED TREE INVESTMENTS v. PETRÓLEOS DE VENEZUELA

Docket Nos. 22-225-cv, 22-232-cv August Term, 2022.

82 F.4th 161 (2023)

RED TREE INVESTMENTS, LLC, Plaintiff-Appellee, v. PETRÓLEOS DE VENEZUELA, S.A., Defendant-Appellant, PDVSA Petróleo, S.A., Defendant.

United States Court of Appeals, Second Circuit.

Decided: September 20, 2023.

Attorney(s) appearing for the Case

Dennis H. Tracey, III , Matthew Ducharme , Hogan Lovells US LLP, New York, NY; Jessica A.B. Livingston , Hogan Lovells US LLP, Denver, CO, for Defendants-Appellants;

Steven F. Molo , Justin M. Ellis , Lauren F. Dayton , Mark W. Kelley , MoloLamken LLP, New York, NY; Elizabeth K. Clarke , MoloLamken LLP, Chicago, IL, for Plaintiff-Appellee.

Before: Sack, Lohier, and Carney, Circuit Judges.

In 2015 and 2016, Defendant-Appellant Petróleos de Venezuela, S.A. ("PDVSA"),1 an oil company wholly owned by the Bolivarian Republic of Venezuela, entered into two Note Agreements and a Credit Agreement with the predecessor-in-interest to now-Plaintiff-Appellee Red Tree Investments, LLC ("Red...

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