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Citgo gas station. Photo: Ken Wolter/Shutterstock.com

A Delaware federal judge has allowed Crystallex International Corp. to seize shares of Citgo Petroleum Corp., granting the Canadian gold producer’s request to prevent Venezuela from avoiding a $1.2 billion arbitration award over lost mineral rights.

Tom McParland

Tom McParland of Delaware Law Weekly can be contacted at 215-557-2485 or at tmcparland@alm.com. Follow him on Twitter @TMcParlandTLI.

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