US Supreme Court rules in favor of Venezuela in dispute with US oil drilling company

[Disir]

The U.S. Supreme Court on Monday tossed out a lower court's ruling that had allowed a US oil drilling company to sue Venezuela over the seizure of 11 drilling rigs in 2010 but allowed the business another chance to press its claims.

Siding with Venezuela, the justices ruled 8-0 that a lower court that had given the go-ahead for the suit must reconsider whether claims made by Oklahoma-based Helmerich & Payne International Drilling Company can proceed.

Writing for the court, Justice Stephen Breyer said the U.S. Court of Appeals for the District of Columbia Circuit in 2015 used the wrong standard in denying Venezuela immunity from the lawsuit.

The company sued both the Venezuelan government and state-owned oil companies under a U.S. law called the Foreign Sovereign Immunities Act, saying among other things that the property seizure violated international law.
US Supreme Court rules in favor of Venezuela in dispute with US oil drilling company

Use the proper standard to proceed.

 

[eagle1462010]

And even had they approved what good would it do................Venezuela would not show up for court.........and not pay if they lose........

I would imagine it would have to be sued under international law........and the international community would have to impose embargoes to get anything done.

What's behind Venezuela's crippling crisis, and why it matters to the U.S.

Why are people protesting?
The economy is a mess.

Despite having the world's largest oil reserves, Venezuela is suffering from a deep recession and hyper-inflation. Prices rose by 800 percent in 2016, with the International Monetary Fund predicting inflation could hit 2,200 percent by the end of 2017. Meanwhile, the economy shrunk by 18.6 last year, according to Reuters.

At the same time, food and medicine shortages are creating a humanitarian emergency. Shoppers, forced to wait in long lines to buy basic supplies, are often met by empty grocery shelves. Hospitals are suffering from acute shortfalls of everything from antibiotics, to basic sanitation equipment like medical gloves and soap.

 

[eagle1462010]

 

[eagle1462010]

Complete Anarchy. Picture shows people trying to get food. Sad really. The Leadership there is about to be roasted by the people.

 

[Disir]

And even had they approved what good would it do................Venezuela would not show up for court.........and not pay if they lose........

I would imagine it would have to be sued under international law........and the international community would have to impose embargoes to get anything done.

What's behind Venezuela's crippling crisis, and why it matters to the U.S.

Why are people protesting?
The economy is a mess.

Despite having the world's largest oil reserves, Venezuela is suffering from a deep recession and hyper-inflation. Prices rose by 800 percent in 2016, with the International Monetary Fund predicting inflation could hit 2,200 percent by the end of 2017. Meanwhile, the economy shrunk by 18.6 last year, according to Reuters.

At the same time, food and medicine shortages are creating a humanitarian emergency. Shoppers, forced to wait in long lines to buy basic supplies, are often met by empty grocery shelves. Hospitals are suffering from acute shortfalls of everything from antibiotics, to basic sanitation equipment like medical gloves and soap.

Ok. Since you insist on changing topics to suit your agenda, then lets have that conversation. Are you at least aware that food is withheld to intentionally create a shortage? Are you aware of the US support for oppositional parties?

I'm pretty sure you have a point. Mayhap you should just lay that out.

 

[yiostheoy]

The U.S. Supreme Court on Monday tossed out a lower court's ruling that had allowed a US oil drilling company to sue Venezuela over the seizure of 11 drilling rigs in 2010 but allowed the business another chance to press its claims.

Siding with Venezuela, the justices ruled 8-0 that a lower court that had given the go-ahead for the suit must reconsider whether claims made by Oklahoma-based Helmerich & Payne International Drilling Company can proceed.

Writing for the court, Justice Stephen Breyer said the U.S. Court of Appeals for the District of Columbia Circuit in 2015 used the wrong standard in denying Venezuela immunity from the lawsuit.

The company sued both the Venezuelan government and state-owned oil companies under a U.S. law called the Foreign Sovereign Immunities Act, saying among other things that the property seizure violated international law.
US Supreme Court rules in favor of Venezuela in dispute with US oil drilling company

Use the proper standard to proceed.

An 8 to 0 decision is as decisive at it ever gets.

Looks like the DC Court of Appeals got it all wrong then.

Black eye !!

 

[yiostheoy]

And even had they approved what good would it do................Venezuela would not show up for court.........and not pay if they lose........

I would imagine it would have to be sued under international law........and the international community would have to impose embargoes to get anything done.

What's behind Venezuela's crippling crisis, and why it matters to the U.S.

Why are people protesting?
The economy is a mess.

Despite having the world's largest oil reserves, Venezuela is suffering from a deep recession and hyper-inflation. Prices rose by 800 percent in 2016, with the International Monetary Fund predicting inflation could hit 2,200 percent by the end of 2017. Meanwhile, the economy shrunk by 18.6 last year, according to Reuters.

At the same time, food and medicine shortages are creating a humanitarian emergency. Shoppers, forced to wait in long lines to buy basic supplies, are often met by empty grocery shelves. Hospitals are suffering from acute shortfalls of everything from antibiotics, to basic sanitation equipment like medical gloves and soap.

Only the World Court in Holland can adjudicate issues like this.

The SCOTUS is right.

The DC Court Of Appeals is wrong.

 

[yiostheoy]

Thread hijack.

 

[yiostheoy]

Complete Anarchy. Picture shows people trying to get food. Sad really. The Leadership there is about to be roasted by the people.

Start another thread.

 

[eagle1462010]

Complete Anarchy. Picture shows people trying to get food. Sad really. The Leadership there is about to be roasted by the people.

Start another thread.

Simply pointing out that the case is a waste of time. How the hell you gonna get anything out of that place given the conditions there.