UK High Court says PDVSA can’t rely on US sanctions to suspend loan repayments

16 November 2020

The English High Court has granted summary judgment to a Puerto Rican bank (BSJI) against Venezuela’s state-run oil company (PDVSA) to recover $48m including interest, and $38m pursuant to 2 credit agreements made in...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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