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David Boies not only acts as PDVSA US Litigation Trust counsel. According to three people familiar with the case, aside from legal fees, Boies is to get 22% of the 66% gifted by PDVSA.
David Boies, über lawyer, has been caught "cagando y sin papel". Worse still, his Florida action is being shut down by Venezuela's dictator Nicolas Maduro.
David Boies legal career has been referred, almost unanimously, as that of a very successful professional, a superstar lawyer with an exceptional attention to detail who has gotten a choice of cases that have catapulted him, and his firm, to the very top
The Department of Justice should activate established cooperation channels with the Swiss, and make sure that evidence of rampant corruption related to this case cements other ongoing probes. DoJ should exploit the opportunity presented by Boies' decision to get in bed with the likes of Wilmer Ruperti. It is a gift. The actionable intelligence that could be gotten, put to good use, can help remediate one of the hemisphere's worst humanitarian and political crises.
Long live PACER! Now we know who will speak on behalf of ALGAMEX, the non-descript shell that is meant to be funding the litigation "launched" by PDVSA against some of the world's largest trading companies: David L. Evans.
There's been a few developments in Venezuela's oil sector that have gone under the radar. One of them is related to one of Derwick Associates: Francisco D'Agostino. The other involves Petrozamora, the PDVSA - Gazprombank joint venture where Derwick Oil & Gas is a partner.
The U.S. Treasury Department finally sanctioned Diosdado Cabello, chavismo's most powerful man. Two of Cabello's proxies have also been sanctioned: Rafael Sarria and Pedro Luis Martin.
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