Creditors Say Don't Reorder Priority Scheme In Citgo Auction

By Caroline Simson (February 8, 2024, 6:30 PM EST) -- Creditors of Venezuela that are favorably positioned to recoup billions of dollars they're collectively owed in an upcoming auction for control of U.S. oil giant Citgo urged a Delaware federal judge on Wednesday not to grant a hedge fund's request for a "more equitable" distribution of the proceeds....

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