On October 3, Gibson Dunn secured a significant victory when the United States Court of Appeals for the D.C. Circuit rejected a Venezuelan state-owned energy company’s (PDVSA) claim of sovereign immunity in an international takings suit by a United States energy company, seeking to hold PDVSA liable for Venezuela’s nationalization of the U.S. company’s Venezuelan subsidiary. The D.C. Circuit also rejected PDVSA’s personal jurisdiction and act-of-state defenses. The post D.C. Circuit...
