Weatherford Switzerland Trading and Development GmbH et al v. PDVSA et al: Judicial Assistance (Portugal & Russia)
Notice of Defendants' Unopposed Motion "for the issuance of letters of request for international judicial assistance from the appropriate judicial authorities of Portugal and Russia" in an attempt "to establish that the global banking system’s response to the sanctions that the U.S. Department of Treasury Office of Foreign Assets Control (“OFAC”) imposed on the Venezuelan oil industry beginning in 2017 made it impossible or objectively impracticable for PDVSA to perform its payment obligations under the Note" in Weatherford Switzerland Trading and Development GmbH, of Switzerland, and Weatherford Latin America S.C.A., of Venezuela v. Petróleos de Venezuela S.A. and PDVSA Petróleo S.A. at the U.S. District Court for the Southern District of New York.