Venezuela US Srl v. Bolivarian Republic of Venezuela
Opinion
UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA
VENEZUELA US SRL, Petitioner,
v. Civil Action No. 22-cv-3822 BOLIVARIAN REPUBLIC OF VENEZUELA, Respondent.
AMENDED ORDER AND FINAL JUDGMENT On June 9, 2025, the Court issued a Memorandum Opinion and Order granting Venezuela US SRL’s (“VUS”) Petition to Recognize and Enforce a Foreign Arbitral Award against the Bolivarian Republic of Venezuela (“Venezuela”). See ECF No. 39. Accordingly, it is hereby ORDERED that VUS’s Petition is GRANTED. It is thus ORDERED that a Final Judgment is hereby ENTERED in VUS’s favor in the following amounts, as reflected in the Arbitral Award (the “Award”): • $58,870,898 as compensation. See Award at ¶ 36, 107(1). • $46,624,436 in interest, accrued between May 31, 2011, and November 4, 2022, on the compensation awarded above. Id. at ¶ 107(2).
• $27,930,116 in post-award interest, as of June 23, 2025, on the amounts awarded above. Id. at ¶ 107(4).
• $3,215,534.99 for the cost of legal representation and assistance incurred. Id. at ¶ 107(7).
• $491,772 in post-award interest, as of June 23, 2025, on the costs of legal representation. Id. at ¶ 107(7).
• $607,163.35 for the costs of the arbitration, converted from euros to USD using the European Central Bank exchange rate data in effect on the date the Award was rendered. Id. at ¶ 107(7).
• $92,857.31 in interest, as of June 23, 2025, on the costs of the arbitration. Id. at ¶ 107(7).
Total: USD $ 137,832,778 (as of June 23, 2025)
Post-judgment interest shall be determined in accordance with 28. U.S.C. § 1961. SO ORDERED.
THE HONORABLE JIA M. COBB United States District Judge
Date: August 14, 2025
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