Disqualification Motions Filed by Gold Reserve and the Venezuela Parties in the Citgo Sale Process
GOLD RESERVE INC A NEW (GDRZF)
NASDAQ:AMEX Investor Relations:
goldreserveinc.com
Company Research
Source: Business Wire
PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that, pursuant to the schedule set by the U.S. District Court for the District of Delaware (the “Court”), the Company filed a motion to disqualify the two professional advisors to the Special Master – the law firm of Weil, Gotshal & Manges LLP (“Weil”) and the investment banking firm of Evercore, Inc. (“Evercore”) – the Special Master Robert B. Pincus, and the district court judge in the Citgo Sale Process.Gold Reserve also requested a temporary stay of all decisions concerning any bids submitted in the Sale Process pending resolution of its disqualification motion.Gold Reserve is seeking full transparency on these issues for its shareholders as well as additional discovery from the Special Master and his advisors, Weil and Evercore.The disqualification motion is based upon recently discovered information that Weil has been representing Elliot
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News
- Gold Reserve Provides Update in CITGO Sale Process: Multiple Parties Appeal Final Sale OrderBusiness Wire
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- Gold Reserve Provides Update on Court Decision in Citgo Sale Process: Delaware District Court Adopts Special Master’s Recommendation of Elliott/Amber Energy $5.9 Billion Bid Over ObjectionsBusiness Wire
- Gold Reserve Prevails in ICC Arbitration Against BANDESBusiness Wire
- Gold Reserve Provides Update on CRA AuditBusiness Wire