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America February 10, 2026 5 mins read

Venezuela Mining Citgo Fees Fight Erupts in $3.1M Court Ruling

America ı By Rachel Moore

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Venezuela Mining Citgo Fees

Representation and Next Steps

Counsel for ACL1 declined to comment Tuesday. Lawyers for the other parties did not immediately respond to requests for comment.

Gold Reserve is represented by attorneys from Womble Bond Dickinson, Norton Rose Fulbright and Brithem LLP. Pincus is represented by teams from Potter Anderson & Corroon LLP and Weil Gotshal & Manges LLP.

Venezuela and PDVSA are represented by counsel from Heyman Enerio Gattuso & Hirzel LLP, Munger Tolles & Olson LLP, and Curtis Mallet-Prevost Colt & Mosle LLP. PDV Holding and Citgo are represented by Morris Nichols Arsht & Tunnell LLP and Eimer Stahl LLP.

Crystallex is represented by Richards Layton & Finger PA and Gibson Dunn & Crutcher LLP. ACL1 Investments Ltd. is represented by Ashby & Geddes PA and Riley & Jacobson PLC. ConocoPhillips is represented by Ross Aronstam & Moritz LLP.

As the Venezuela Mining Citgo Fees dispute shows, even the referees of this high-stakes auction are not immune from the crossfire — and the meter, it seems, keeps running.

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Rachel Moore
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Rachel Moore

Rachel Moore is a staff writer and journalist for the USA Herald, where she specializes in high-impact reporting on international conflicts, economic shifts, and scientific advancements.

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