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Will the court officer request another extension for selecting the winning bidder by October 31, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official court documents or news reports
Story
Elliott Investment Leads Bid for Citgo Parent Company in US Auction
Aug 24, 2024, 12:40 PM
Elliott Investment is currently the leading bidder in a US court-ordered auction for the parent company of Venezuelan-owned refiner Citgo Petroleum. The auction process has faced delays, with a US court officer requesting a new extension to select the winner. This auction follows the US court's decision to sell Citgo's parent company to satisfy claims against Venezuela.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
No Delay • 25%
1-2 weeks • 25%
3-4 weeks • 25%
More than 4 weeks • 25%
File additional charges • 25%
Drop charges • 25%
Seek further remand • 25%
No further action • 25%
Yes • 50%
No • 50%
RBC takes control • 25%
Goldman Sachs retains control • 25%
Ballast Investments retains control • 25%
Other • 25%
Yes • 50%
No • 50%
