Latest development Feb 21, 2026
The court denied PDV Holding’s motion to dismiss the alter-ego claim.
The award
- Amount awarded
- About $1B (Halliburton and Schlumberger notes). The G&A claim is about $1.44B.
- Award holder
- Girard Street Investment Holdings LLC and G&A Strategic Investments I LLC
- Respondent
- PDVSA and PDVSA Petróleo (PDV Holding pursued as alter ego)
- Forum
- U.S. District Court for the Southern District of New York, 23-cv-10772 and 23-cv-10766
Challenges
Not verified.
Enforcement
The court denied PDV Holding’s motion to dismiss the alter-ego claim on February 21, 2026.
Recovered to date
None
Notes
Single source. Amounts are approximate.