Gold Reserve Provides Update in CITGO Sale Process: Multiple Parties Appeal Final Sale Order

Dec 1, 2025 8:15 PM Eastern Standard Time Notices of appeal also were filed by the Venezuela Parties (the Opposition government of the Bolivarian Republic of Venezuela, Petróleos de Venezuela, S.A., PDV Holding, Inc., and CITGO Petroleum Corporation). The Venezuela Parties also filed with the appeals court a motion to stay the final sale order pending the outcome of the appeals. A copy of the filings can be found here. A complete description of the Delaware sale proceedings can be found on the Public Access ...