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A U.S. federal decide approved the seizure of Citgo Petroleum Corp. to fulfill a Venezuelan authorities debt, a ruling that might set off a scramble amongst Venezuela’s many unpaid collectors to wrest management of its solely clearly seizable U.S. asset.

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Choose Leonard P. Stark of the U.S. District Courtroom in Wilmington, Del., issued the ruling Thursday. Nonetheless, his full opinion, which might embrace circumstances or impose additional authorized hurdles, was sealed. A redacted model is anticipated to be out there at a later date.

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