With Citgo share auction in shambles, US court readies plan to start over
By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) – An auction of shares in a Citgo Petroleum parent to pay claims against Venezuela needs to be overhauled, a court adviser recommended on Tuesday, conceding a year-long sale process was in shambles and needed to start fresh. U.S. District Court in Delaware is auctioning shares in…
