Sonoco News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Sonoco. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Sonoco Today - Breaking & Trending Today
A U.S. judge on Monday granted a large group of Venezuela-linked creditors rights to participate in a January auction of shares in the parent of Houston-based refiner Citgo Petroleum. A precedent-setting lawsuit by Canadian miner Crystallex Corp formally tied Venezuela-owned Citgo to the South American country's debts and opened the door to some $24 billion in claims being applied to the refining firm through an auction of shares in a Citgo parent whose only asset is the oil refiner. The decision still requires the group, formed by 10 companies, to comply with a Jan 12 dateline to have writs of attachments issued against shares in Citgo's parent, PDV Holding. ....