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SIEMENS ENERGY v. PETRÓLEOS DE VENEZUELA, S.A.

Docket No. 22-0047-cv August Term, 2022.

82 F.4th 144 (2023)

SIEMENS ENERGY, INC., Plaintiff-Appellee, v. PETRÓLEOS DE VENEZUELA, S.A., Defendant-Appellant, PDVSA Petróleo, S.A., Defendant, Red Tree Investments, LLC, Intervenor.

United States Court of Appeals, Second Circuit.

Decided: September 20, 2023.

Attorney(s) appearing for the Case

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

Kim M. Watterson , Devin Misour , Reed Smith LLP, Pittsburgh, PA; Jordan W. Siev , Reed Smith LLP, New York, NY, for Plaintiff-Appellee.

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

In January 2017, Defendant-Appellant Petróleos de Venezuela, S.A. ("PDVSA"), an oil company wholly owned by the Bolivarian Republic of Venezuela, entered into a Note Agreement with then-Plaintiff-Appellee Dresser-Rand Company1 for a principal amount...

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