U.S. court allows Venezuela's Guaido to argue in Crystallex case

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U.S. court allows Venezuela's Guaido to argue in Crystallex case
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A U.S. judge has ruled that Venezuelan opposition leader Juan Guaido's repr...

Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, takes part in news conference in Caracas, Venezuela, March 21, 2019. REUTERS/Ivan Alvarado

Guaido, who heads the opposition-controlled National Assembly, invoked the constitution to assume an interim presidency in January, arguing President Nicolas Maduro’s 2018 reelection was fraudulent. He has been recognized as Venezuela’s rightful leader by most Western countries, including the United States.

In a March 20 ruling, the U.S. Court of Appeals for the Third Circuit said Guaido’s representatives could request a stay in the dispute with Crystallex, which is going after Citgo to collect on an arbitration award in compensation for Venezuela’s expropriation of a gold mining project. Guaido named a board of directors to Citgo in February, a move he described as “protecting our assets.” Maduro, a socialist who says he is the victim of an attempted U.S.-led coup, has accused the opposition of trying to “steal” the company.

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